KINETIC (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- November 10, 2020
- Vertical
- Wearable Technology
- Funding URL
- View Funding Page
- Funding Amount:
- $11,250,000
Company Info
- Traction
- 54% reduction in workers' compensation claims costs; tens of thousands of workers using the product in hundreds of facilities worldwide.
- Organizations Involved
- 6 of the Fortune 50
- Founders
- Haytham Elhawary
- Company Description
- KINETIC provides wearable technology and a software analytics platform that helps reduce workplace injuries and protects workers from COVID-19. To date, tens of thousands of workers have worn the product in hundreds of facilities all around the world with a 54% reduction in workers' compensation claims costs.
- Market
- Workplace Safety
- Location
- New York, New York, USA
- Coinvestors
- Crosslink Capital, Nationwide Mutual Insurance Company, Primary Venture Capital, Prologis Ventures, Ubiquity Ventures