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
Links
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