About KINETIC
Kinetic enhances workplace safety by providing a wearable device called Reflex, which is designed to alert workers about high-risk motions that could lead to injuries. This device is worn on the hip and helps prevent accidents before they occur, making it particularly useful for frontline workers in industries like manufacturing, logistics, and healthcare. Kinetic differentiates itself from competitors by combining hardware sales with a subscription-based software platform that offers detailed safety analytics, ensuring a steady income stream. The goal of Kinetic is to significantly reduce workplace injuries and lost workdays, ultimately leading to a healthier workforce and lower costs for employers.
New York City, New YorkHeadquarters
2014Year Founded
$25.4MTotal Funding
SERIES_ACompany Stage
Data & Analytics, HealthcareIndustries
51-200Employees
Benefits
Remote Work Options
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Holidays
Parental Leave
Health Savings Account/Flexible Spending Account
Company Equity
Risks
Increased competition may impact Kinetic's market share in the wearable sector.
IoT-based insurance policies may face regulatory challenges, affecting partnerships.
Sustainability trends may raise production costs for Kinetic's products.
Differentiation
Kinetic's Reflex device reduces workplace injuries by 50-60%, enhancing safety.
The device provides real-time alerts for high-risk motions, preventing accidents.
Kinetic's dual revenue model includes hardware sales and subscription analytics services.
Upsides
Growing industrial wearable market with 15% CAGR by 2027 boosts Kinetic's prospects.
Partnership with Nationwide offers new revenue streams through IoT-based insurance.
Shift to 'just in case' inventory strategies increases demand for safety solutions.
Funding
Total raised$25.36 M
Latest valuation$56.25 M
StageSERIES_A
SERIES A
10/31/2020$11
$56.25 MSEED
9/30/2018$4
$22.50 MGRANT
12/31/2017$1