Tobii AB

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Tobii AB - overview

Established

2001

Location

Stockholm, -, Sweden

Primary Industry

Hardware

About

Tobii AB specializes in eye tracking technology, delivering innovative solutions for varied applications, including research and gaming, thereby enhancing user engagement and interaction with technology. Founded in 2001 in Stockholm, Sweden, Tobii AB is focused on developing eye tracking solutions. The company has undergone significant transformations, including a successful IPO that raised SEK 400 million on April 24, 2015, selling 17. 901 million shares at SEK 25 each.


The firm is led by CEO Henrik Eskilsson, who has a robust background in technology and entrepreneurship. Tobii is a global leader in eye tracking technology, providing advanced screen-based and wearable eye trackers designed for various applications, including research, commercial use, industrial environments, and gaming. Their flagship products include the Tobii Pro series, which offers in-depth insights into human behavior, and the Tobii Eye Tracker 5, targeting next-generation gaming applications. Additionally, the Tobii Glasses X is a wearable eye tracker that facilitates seamless use across diverse environments, designed for both research and practical implementation.


The company serves a broad client base that includes academic institutions, research organizations, and leading corporations across geographical markets such as North America, Europe, and Asia. Tobii's innovations are aimed at enhancing user interaction with technology, making devices more intuitive and responsive to natural behaviors. In 2022, Tobii reported revenue of SEK 76,973,553. 30 with an EBITDA of SEK -198,385.


40. The company's revenue model encompasses various transaction structures, including direct sales of their products to both business-to-business (B2B) clients and direct-to-consumer channels. The company engages in partnerships with academic institutions and commercial enterprises, facilitating the integration of eye tracking technology into their products and services. Specific pricing plans for their flagship products, such as the Tobii Pro Fusion and Tobii Eye Tracker 5, are structured to reflect their value in delivering advanced analytics and user experience enhancements.


This diversified approach allows Tobii to cater effectively to a wide range of industries while ensuring robust engagement with their customers. Following the 2015 IPO, Tobii plans to leverage the SEK 400 million raised to expand its product offerings and enhance technology integration in new markets. The company's strategy includes the development of next-generation eye tracking devices aimed at both research and consumer markets. Tobii is targeting expansion into Asian markets by 2025, focusing on increasing its presence in countries like Japan and China, where demand for technological advancements is rising.


This expansion will be supported by the recent funding, which will be allocated towards product development and market penetration efforts.


Current Investors

Patricia Industries, Amadeus Capital Partners, Northzone

Primary Industry

Hardware

Sub Industries

Computer & Related Peripherals

Website

www.tobii.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

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