Wearable devices for safety of field workers – $11.25 million in investment
Kinetic develops wearable devices connected to cloud-based software in order to reduce workplace injuries for the industrial workforce.
Establishing a safe and productive work environment by inducing posture correction through vibration transmission when a worker repeatedly takes a work posture with a high risk of injury.
Recently, sales have quadrupled by adding close contact detection between employees to respond to COVID-19, and customers have reduced the number of injuries after using the device by 58%.
Kinetic
Kinetic creates wearable devices and cloud-based software that reduces workplace injuries, for the industrial workforce.
REFLEX, the company's product is a device that employs analytics to provide reminders and notifications to workers once the device detects a high-risk motion such as unsafe postures that could cause injuries in the construction, warehouses, and factories environment. It can also be used as a sensor that detects COVID-19 exposure.
General Information
- Headquarters : New York, NY
- Founders : Aditya Bansal, Haytham Elhawary
- Categories : Analytics, IT, Internet of Things, Sensor, Software, Wearables
- Founded : 2014
- Contact : info@wearkinetic.com
Funding
- Inventors: Crosslink Capital, Nationwide Insurance, Primary Ventures, Prologis, Ubiquity Ventures
- Funding Rounds (7) - $17.4M
- Nov 10, 2020 Series A / $11.3M
- Oct 30, 2018 Seed Round / $4.5M
- Sep 1, 2015 Seed Round / $963.9K
- Feb 1, 2015 Pre Seed Round
- Feb 1, 2015 Seed Round / $701K
- Oct 20, 2014 Funding Round
- Oct 20, 2014 Pre Seed Round
Source: wearkinetic
👉• Web: http://www.wearkinetic.com
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