# UnaliWear

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/unaliwear

- Industry: Consumer Products
- Headquarters: Austin, US
- Website: www.unaliwear.com
- Total disclosed funding: $6.9M
- Latest round: Series A (Oct 25, 2019)
- Investors on record: 5

## About

UnaliWear Inc. is a technology company focused on providing innovative medical alert solutions, notably through their Kanega Medical Alert Watch, which offers fall detection and emergency monitoring services for seniors and individuals needing health oversight.UnaliWear Inc. was founded in 2013 and is headquartered in Austin, US. The company specializes in medical alert technology, creating products that assist users during emergencies. Jean Booth, the founder and CEO, has a background in developing technology solutions and previously founded other companies. UnaliWear has raised a total of USD 3.50 mn through several funding rounds, with the latest being a Series A round on October 25, 2019, from investors including Keiretsu Capital, Social Starts, and True Wealth Ventures. The current company valuation stands at USD 18.50 mn.UnaliWear specializes in innovative medical alert solutions, with the Kanega Medical Alert Watch as their flagship product featuring RealFall™ technology. This watch accurately detects falls, connecting users to trained operators 24/7 through cellular and Wi-Fi networks. It is designed for ease of use, with a large display and a quick-swap rechargeable battery. The company targets seniors, caregivers, and individuals requiring constant health monitoring across the US, Canada, and Europe, among other international markets.UnaliWear generates revenue through a subscription model for the Kanega Medical Alert Watch, which includes emergency monitoring services. Customers purchase the watch and can subscribe to service plans that ensure 24/7 support from trained emergency operators. Various pricing tiers are offered, accommodating both individuals and families. The direct-to-consumer approach fosters personal connections with users, enhancing their service experience and integrating proprietary technologies like RealFall™ to position their product competitively in the market.In October 2019, UnaliWear Inc. raised USD 3.50 mn in Series A funding, which will support their strategy for future growth. The company plans to develop new products and expand into additional markets, targeting releases and geographic expansion within the next few years. The funding will facilitate the ongoing development of their product line and enhance their market reach, particularly in the healthcare sector.

## Funding rounds

- Series A, Oct 25, 2019 — True Wealth Ventures
- Series A, Sep 28, 2016, $3.5M — Social Starts, Keiretsu Capital, True Wealth Ventures
- Seed, Feb 29, 2016, $3.4M — Maxim Ventures
- Seed, May 28, 2014 — StartUp Health

## Investors

- StartUp Health (https://capitalatlas.ai/funds/startup-health) — Seed
- Maxim Ventures (https://capitalatlas.ai/funds/maxim-ventures) — Seed
- Social Starts (https://capitalatlas.ai/funds/social-starts) — Series A
- Keiretsu Capital (https://capitalatlas.ai/funds/keiretsu-capital) — Series A
- True Wealth Ventures (https://capitalatlas.ai/funds/true-wealth-ventures) — Series A