Vayyar Revenue, Valuation, Funding & Investors

Vayyar is valued at $1.5B as of June 2022, a 21.1x multiple on its last reported $71M revenue.

Last Vayyar valuation

$1.5B

Series E · Jun 2022

Last Vayyar funding round

$108M

Series E · Jun 2022

Vayyar revenue

$71M

Series E · Jun 2022

Key investors in Vayyar

  • Bessemer Venture Partners
  • Battery Ventures
  • MoreVC
  • Celesta Capital
  • Walden Riverwood Ventures
  • ClalTech

Vayyar Overview

About Vayyar

Vayyar is a Yehud-headquartered manufacturer of 4D imaging radar chips for automotive ADAS and eldercare fall detection. Its Walabot sensor scans through walls up to 10m, used in devices by Samsung and Bosch. Founded in 2011, Vayyar ships 60GHz ICs with 80cm resolution to smart home OEMs in the US and Europe. The technology equips vehicles from Continental partners.


Founded

2011

HQ

IsraelYehud

Website

vayyar.com

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Revenue

$71M (Jun 2022)

Valuation

$1.5B (Jun 2022)

Vayyar Valuation

Vayyar is currently valued at $1.5B, based on its Series E in June 2022.

The $108M round was led by Koch Disruptive Technologies, with participation from MoreVC, Gly Capital Management, Atreides Management, Battery Ventures, ClalTech and 2 other investors.

Vayyar's valuation has grown 2.5x from $600M at its Series D in November 2019 to $1.5B in June 2022, across 2 priced rounds.

Vayyar valuation by funding round

Revenue multiple
Vayyar valuation by funding round
DateStageValuationRevenue Multiple
Jun 2022Series E$1.5B21.1x
Nov 2019Series D$600M-

Vayyar Revenue

Vayyar's latest recorded revenue is $71M, as of its Series E in June 2022. At a $1.5B valuation, that implies a 21.1x revenue multiple.

Vayyar revenue by funding round

Vayyar revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jun 2022$71M$1.5B21.1xSeries E

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Vayyar Funding History

Vayyar has raised a total of $284M across 4 funding rounds.

Vayyar's first fundraising round was a $22M Series B in December 2015. The most recent completed round was a $108M Series E in June 2022.

Vayyar funding rounds

Vayyar funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2022Series EKoch Disruptive Technologies (lead); MoreVC; Gly Capital Management; Atreides Management; Battery Ventures; ClalTech; Regal Four; Bessemer Venture Partners$108M$1.5BVayyar Imaging is an Israeli semiconductor company specializing in 4D imaging radar technology that can detect and track movement through walls and objects while ensuring privacy. Founded in 2011, the company initially focused on early-stage breast cancer detection using RF technology but pivoted to develop systems-on-a-chip for applications in automotive, robotics, smart homes, retail, public safety, and elder care sectors. The company is a leading supplier of 4D imaging radar in the automotive and senior care sectors. On June 6, 2022, Vayyar completed a Series E funding round that raised $108 million led by Koch Disruptive Technologies, with participation from new investors GLy Capital Management and Atreides Management LP, as well as returning investors including Battery Ventures, Bessemer Venture Partners, More VC, Regal Four, and Claltech. The funding round valued the company at over $1 billion, achieving unicorn status. This Series E was structured as the first of a two-stage investment, with the second stage announced separately, bringing Vayyar's total capital raised to over $300 million. The new funding was earmarked for enhancing machine learning and deep learning capabilities, accelerating geographic expansion with particular focus on the Asia-Pacific market, and scaling growth across multiple verticals including robotics, retail, public safety, and smart buildings. The company had secured commercial successes including deals with Amazon and Piaggio, demonstrating market traction for its radar-on-a-chip technology.
Nov 2019Series DKoch Disruptive Technologies (lead); MoreVC; Battery Ventures; ClalTech; Walden Riverwood Ventures; Bessemer Venture Partners; ITI Venture Capital Partners; Celesta Capital$109M$600MVayyar Imaging develops 4D imaging radar sensor technology that enables 3D imaging through materials like walls, plastic, and metal, with applications in automotive, consumer electronics, smart homes, healthcare, and industrial inspection. The company's chip-scale radar solutions provide high-resolution imaging, anomaly detection, and motion sensing without line-of-sight requirements, positioning it as a leader in affordable, versatile RF sensing beyond traditional cameras or LiDAR. On approximately November 20, 2019, Vayyar raised approximately $109 million in a Series D round led by Koch Disruptive Technologies, with participation from Battery Ventures, Bessemer Venture Partners, Celesta Capital, ClalTech, ITI Venture Capital Partners, MoreVC, and Walden Riverwood Ventures. This brought total funding to around $296 million across multiple rounds. Vayyar continued fundraising with a Series E of $108 million in June 2022 from similar investors including Atreides Management, Battery Ventures, Bessemer, ClalTech, GLy Capital, MoreVC, and Regal Four, reaching over $296 million total raised. The company has grown to around 328-330 employees, focusing on expanding radar applications in healthcare, security, and automotive sectors amid competition from firms like trigo.
Dec 2017Series CCelesta Capital (lead); ITI Venture Capital Partners (lead); Walden Riverwood Ventures (lead); MoreVC; Battery Ventures; ClalTech; Amiti Ventures; Bessemer Venture Partners; Glory Ventures$45M-Vayyar Imaging, an Israeli company founded in 2011, develops 4D imaging radar sensors using radio frequency (RF) technology that can see through objects, materials, skin, and walls to generate 3D images. The technology supports applications in automotive, construction, agriculture, smart homes, robotics, medical care, senior care, and public safety, including cancer detection, structural imaging, fall detection, vital signs monitoring, and privacy-preserving tracking. On December 13, 2017, Vayyar raised $45 million in a Series C funding round, co-led by Walden Riverwood Ventures (San Francisco) and ITI Venture Capital Partners (Israel), with participation from ClalTech, Battery Ventures, Bessemer Venture Partners, Israel Cleantech Ventures, Amiti Ventures, and others including Glory Ventures, MoreVC, Roy Oron, and Celesta Capital. This brought the company's total funding to $79 million since inception. The funds were intended to accelerate product development, expand into new industries, grow the global team, and support collaborations with industry-leading companies addressing tough challenges in sensing and imaging. CEO Raviv Melamed highlighted the versatility of the technology in aiding humanity across sectors. Walden International's chairman Lip-Bu Tan noted Vayyar's rapid growth and potential impact on automotive and smart home industries. The company planned to showcase its technology at CES 2017 shortly after the round. Vayyar has since progressed with partnerships like Amazon for health monitoring, Haier for China's SilverTech market, and Piaggio, while enhancing AI capabilities and expanding geographically.
Dec 2015Series BWalden Riverwood Ventures (lead); MoreVC; Battery Ventures; Amiti Ventures; Bessemer Venture Partners; Celesta Capital$22M-Vayyar Imaging, founded in 2011 by Raviv Melamed, Naftali Chayat, and Miri Ratner, develops 4D radar imaging sensors using radio waves to create 3D images through objects like walls, suitable for applications in construction scanning, medical imaging, agriculture, robotics, automotive, and smart homes. The technology enables low-cost, versatile sensing as an alternative to ultrasound and MRI. Vayyar positioned its sensors as more affordable and compact than competing technologies. In December 2015, Vayyar raised $22 million in a Series B funding round led by Walden Riverwood Ventures, with participation from existing investors Battery Ventures, Bessemer Venture Partners, and others including Amiti Ventures, Celesta Capital, and MoreVC, bringing total funding to $34 million at that point. The round supported global launch and partnerships with chip manufacturers for integrating sensors into devices like phones or ground-based farm tools. Later developments show Vayyar's growth: by 2019, it raised $109 million in Series D led by Koch Disruptive Technologies, reaching $188 million total funding, with products like the Walabot wall scanner achieving 250,000 units sold in the prior year and becoming a market leader in US stud detection. The company expanded into imaging, monitoring, sensors, and testing sectors with B2B and B2C models, employing around 150 people primarily in Yehud, Israel.

Who has invested in Vayyar?

13 investors have backed Vayyar across its funding rounds, including Bessemer Venture Partners, Battery Ventures, MoreVC, Celesta Capital, Walden Riverwood Ventures and ClalTech.

Lead investors include Koch Disruptive Technologies, Celesta Capital, ITI Venture Capital Partners and Walden Riverwood Ventures.


Vayyar Investors

Investors in Vayyar by funding rounds participated
InvestorHQRoundsRoleFirst check
MoreVCIsraelRa'anana4ParticipantDec 2015
Battery VenturesUnited StatesBoston, MA4ParticipantDec 2015
Bessemer Venture PartnersUnited StatesSan Francisco, CA4ParticipantDec 2015
ClalTechIsraelTel Aviv3ParticipantDec 2017
Walden Riverwood VenturesUnited StatesSan Francisco, CA3LeadDec 2015
Celesta CapitalUnited StatesSan Francisco, CA3LeadDec 2015
Amiti VenturesIsraelTel Aviv2ParticipantDec 2015
Koch Disruptive TechnologiesUnited StatesWichita, KS2LeadNov 2019
ITI Venture Capital PartnersIsraelTel Aviv2LeadDec 2017
Gly Capital ManagementHong KongHong Kong1ParticipantJun 2022
Atreides ManagementUnited StatesBoston, MA1ParticipantJun 2022

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Acquisitions by Vayyar

Vayyar has acquired 2 companies to date.

Last acquisition by Vayyar was on December 11th 2023. Vayyar acquired Dele Health Tech for undisclosed valuation.


Latest Acquisitions by Vayyar

Dele Health Tech
Dele Health Tech
Description
Dele Health Tech is a provider of AI-powered fall detection systems for senior living and nursing facilities across the United States. Its platform achieves four times the accuracy of competing automated systems by using sensor fusion and machine learning to monitor residents continuously. Alerts reach staff in real-time via mobile apps, reducing response times for the one-in-three seniors over 65 who fall annually. Targeting facilities where falls cause 70 percent of deaths among those over 75, Dele integrates with existing infrastructure without wearables. Launched in 2020, the Pittsburgh-based company partners with over 50 care providers nationwide.
Dele Health Tech is a provider of AI-powered fall detection systems for senior living and nursing facilities across the United States. Its platform achieves four times the accuracy of competing automated systems by using sensor fusion and machine learning to monitor residents continuously. Alerts reach staff in real-time via mobile apps, reducing response times for the one-in-three seniors over 65 who fall annually. Targeting facilities where falls cause 70 percent of deaths among those over 75, Dele integrates with existing infrastructure without wearables. Launched in 2020, the Pittsburgh-based company partners with over 50 care providers nationwide.
HQ CountryNorwayNorway
HQ City
Oslo
Oslo
Deal Date11 Dec 20231 Sep 2023
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Vayyar Competitors

Vayyar competitors include listed companies like Aeva, Hesai Technology and People & Technology, and private ones like Quanergy Systems, XAG and Echodyne.

Public and private companies comparable to Vayyar
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Quanergy SystemsUnited StatesSan Jose, CAPrivate--$1.6B-
AevaUnited StatesUnited StatesPublicly listed$18M($139M)$1.1B35.6x
XAGChinaGuangzhouPrivate$87M-$851M9.8x
Hesai TechnologyChinaChinaPublicly listed$451M$71M$2.7B3.1x
EchodyneUnited StatesSeattle, WAPrivate--$528M-
People & TechnologySouth KoreaSouth KoreaPublicly listed$542M$77M$485M1.2x

Vayyar Public Comps

Vayyar is still privately-owned, but its public comps include KPIT Technologies, Koh Young, CTS Corp., HL Mando, Park Systems, Eacon Group, Cidi, Willfar, Droneshield and WeRide.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
KPIT Technologies$673M$128M2.3x2.2x11.8x11.3x
Koh Young$169M$21M7.5x5.9x60.1x31.1x
CTS Corp.$541M$120M3.0x2.9x13.5x12.4x
HL Mando$6.9B$486M0.4x0.4x5.7x5.0x
Park Systems$150M$35M8.6x7.7x36.9x31.3x
Eacon Group$214M($33M)6.6x-(42.5x)-
Cidi$132M($155M)8.8x5.0x(7.5x)(22.7x)
Willfar$444M$119M3.7x3.5x13.9x12.8x

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Common questions about Vayyar

When was Vayyar founded?Vayyar was founded in 2011.
Where is Vayyar headquartered?Vayyar is headquartered in Yehud, Israel.
Is Vayyar publicly listed?No, Vayyar is a private, VC-backed company.
What is Vayyar's valuation?Vayyar was last valued at $1.5B in its Series E in June 2022.
How much funding has Vayyar raised?Vayyar has raised $284M across 4 funding rounds.
What was Vayyar's last funding round?Vayyar's last funding round was a $108M Series E in June 2022, led by Koch Disruptive Technologies.
Who are Vayyar's investors?Vayyar's investors include MoreVC, Battery Ventures, Bessemer Venture Partners, ClalTech, Walden Riverwood Ventures, Celesta Capital, Amiti Ventures, Koch Disruptive Technologies, ITI Venture Capital Partners, Gly Capital Management and 3 others.
What is Vayyar's revenue?Vayyar's latest recorded revenue is $71M (June 2022).
What is Vayyar's revenue multiple?Vayyar's latest valuation implies a 21.1x revenue multiple ($1.5B valuation on $71M of revenue).
Which companies are comparable to Vayyar?Companies comparable to Vayyar include Quanergy Systems, Aeva, XAG, Hesai Technology, Echodyne and People & Technology.
How many companies has Vayyar acquired?Vayyar has acquired 1 company, including Dele Health Tech.

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