KINETIC is a wearable technology startup that aims to enhance the safety and well-being of the workforce. Founded in 2014 and headquartered in the United States, KINETIC's flagship product, REFLEX, is a smart wearable designed to reduce workplace injuries by detecting unsafe postures and providing real-time feedback to workers, thereby enabling them to improve their biomechanics over time. The company's focus on Analytics and Information Technology has attracted significant attention, culminating in a $11.25M Series A investment on 10th November 2020. This investment round was led by a consortium of notable investors such as Crosslink Capital, Prologis Ventures, Ubiquity Ventures, Primary Ventures, and Nationwide Mutual Insurance. KINETIC's innovative approach to workplace safety and its strong investor backing position the company as an intriguing player in the wearable tech and workforce well-being market. With the ability to provide safety managers with vital risk data through the KINETIC dashboard, the company offers a comprehensive solution that has the potential to revolutionize workplace safety protocols and injury prevention.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $11.25M | 5 | Nationwide Mutual Insurance | 10 Nov 2020 |
Grant | $255.99K | 1 | 01 Sep 2020 | |
Seed Round | $4.50M | 2 | 30 Oct 2018 | |
Grant | $1.42M | 1 | 06 Apr 2017 | |
Grant | $180.00K | 1 | 29 Dec 2015 |
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