A Friend-Finding Compass
Totem Labs aims to ensure you’re never lost in a crowd.
It’s created a wearable device designed to help track loved ones at concerts, festivals, and sporting events. This device lets users locate one another in real-time without relying on cell service, Wi-Fi, or an internet connection.
Totem could tap into several enormous markets. Wearable electronics is a $208 billion market, while the global-festival market is worth close to nine billion dollars.
More than 50,000 people use Totem’s device worldwide, which has translated into $3.5 million in sales for the company since launching its product in October 2024.