Whereable Technologies Inc. (Equity)

Funding Details
Awarder
StartEngine
Date Award
May 01, 2022
Vertical
Wearable Emergency Monitoring Devices
Funding URL
View Funding Page
Valuation
$44,490,000

Company Info
Founding Year
2019
Traction
The company has shown strong initial growth, with over $500k in sales from 2019 to 2020 and a 521% year-over-year growth in revenue and contract value in 2020. They have already generated approximately $186,000 in revenues in Q1 2022.
Revenue Amount
$584,000,000
Organizations Involved
FedEx, Sally Beauty Stores, Carilion Health Care, Humana, Dollar General Stores, Michelin, Kirkland’s, Helzberg Diamonds, Chico’s, Sesame Street Workshop, Biogen, Molina Healthcare
Founders
A. Dale Mayo, Jim Van Law, Warren H Colodner
Company Description
Whereable Technologies Inc. specializes in providing a complete solution for worker safety through their RiskBand emergency monitoring device and ARIES SaaS platform. Their technology enables businesses to protect their employees, dispatch emergency response, and investigate incidents. The company focuses on mitigating workplace injury and worker safety risks, particularly for lone workers in various industries.
Market
Worker Safety
Location
Mount Pleasant, SC, US
Coinvestors
StartEngine Capital, LLC

Links
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