Rithmio
The business, the turning points, and the decisions behind them.
Some sections are still being researched1 / 4
Sections to complete：02
01 / WHAT IT BUILT
What the company did
Rithmio was a Chicago-based software company founded in 2013 by co-founder and CEO Adam Tilton. It developed gesture-recognition and motion-recognition software for wearable devices — software that could interpret body movement from sensors. The company raised $7.2 million in total, including a $3 million round in 2015 to build its gesture recognition technology for wearables.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Operations ended
Rithmio ended operations.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
In March 2017, Rithmio shut down.
- 02
The Chicago startup, which developed software for wearable devices, closed after raising $7.2 million.
- 03
No public explanation of the shutdown was found.