KINETIC (Series A)
Funding Details
Awarder
Inbox
Date Award
November 10, 2020
Vertical
Wearable Technology
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
Market
Workplace Safety
Location
New York, New York, USA
Coinvestors
Crosslink Capital, Nationwide Mutual Insurance Company, Primary Venture Capital, Prologis Ventures, Ubiquity Ventures
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.

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