Wearable Technologies
Latest round
- Seed
Last raised
- Jan 2018
Total raised
- $5.8M
Investors
- 2
About Wearable Technologies
Founded in 2011 and based in London, UK, Wearable Technologies Limited operates Eleksen™, a smart workforce safety solution. The company was founded by its CEO Mark Bernstein. In 2021, Blackline Safety Corp acquired the company and made it their wholly-owned subsidiary. As of 2021, the company is still at its pre-revenue stage and holds over a total of 40 patents of washable smart safety garments variants built with electronics ranging from wiring, plug-and-play sensors, to LED lightings. Wearable Technologies operates Eleksen™, Internet of things platform that operates a network of personal protective equipment garments manufactured with a collection of electronic devices (combinely called as hub device) such as physiology, noise detection, vibration detection, and emission detection sensors with 4G-connectivity for other organization’s workers and physical labors to wear just like a safety vest. The platform also maintains a software infrastructure that provides a user interface for the organization's management to make work environment-related safety decisions using data analytics and perform real-time monitoring of their employees and safety checks through the garment's sensors for gas, oil, and other harmful leaks in their worksite. The company’s client base includes organizations in the construction, railway, logistics, and utility sectors and its products are sold through a network of third-party retailers including Halfords, Cycle Republic, and Evans Cycles. The company operates by partnering with the client's preexisting garment manufactures and shipping its devices including body cameras, vehicle proximity warnings devices, and electronic sensors to integrate into their designs. The company intends to commercialize all of its products and services within 2021.
Who invested in Wearable Technologies
2 investors across 2 rounds
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Questions about Wearable Technologies
Who invested in Wearable Technologies?
Wearable Technologies has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Wearable Technologies raised?
Wearable Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Wearable Technologies last raise money?
Wearable Technologies's most recent round on record is a Seed, in Jan 2018.
What does Wearable Technologies do?
Founded in 2011 and based in London, UK, Wearable Technologies Limited operates Eleksen™, a smart workforce safety solution.
Where is Wearable Technologies headquartered?
Wearable Technologies is headquartered in Leicester, UK.
Which VCs invest in companies like Wearable Technologies?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Wearable Technologies's stage. Their profiles are linked below.
VCs backing software startups at Seed
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