Kinetic

About

Kinetic develops wearable devices connected to cloud-based software in order to reduce workplace injuries for the industrial workforce.

New York,New York,United States
11 - 50
http://www.wearkinetic.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $701K
Industries: Analytics,Information Technology,Internet of Things,Sensor,Software,Wearables
Founded date: Oct 8, 2014
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: One Million Metrics Corp.

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.

In 2014, Haytham Elhawary and Aditya Bansal established Kinetic in New York, New York.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

9

$19.38M

Kinetic has raised a total of $19.38M in funding over 2 rounds. Their latest funding was raised on Nov 10, 2020 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 10, 2020	Series A	$11.25M	5	Crosslink Capital	—	Detail
Sep 1, 2020	Grant	$255.99K	1	National Science Foundation	—	Detail
Oct 30, 2018	Seed	$4.50M	2	Crosslink Capital Primary Venture Partners	—	Detail
Apr 6, 2017	Grant	$1.41M	1	National Science Foundation	—	Detail
Dec 29, 2015	Grant	$179.99K	1	National Science Foundation	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

16

Kinetic is funded by 16 investors. Crosslink Capital and National Science Foundation are the most recent investors.

Investor Name	Lead Investor	Funding Round
Crosslink Capital	Yes	Series A
National Science Foundation	Yes	Grant
Primary Venture Partners	Yes	Seed
Nationwide Mutual Insurance	—	Series A
Primary Ventures	—	Series A
Prologis Ventures	—	Series A
Ubiquity Ventures	—	Series A
City Light Capital	—	Seed
Insure.VC	—	Seed
Pilot Mountain Ventures	—	Seed