About Coros
Coros is a company based in Tustin (United States) founded in 2015 by Lewis Wu.. Coros has raised $6.1 million across 1 funding round from investors including Flexport, Dynamo Ventures and Susa Ventures. Coros operates in a competitive market with competitors including Fitbit, TeamSnap, Whoop, iHealth Labs and Garmin International, among others.
- Headquarter Tustin, United States
- Founders Lewis Wu
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Sectors
HealthcareTechnology Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Coros Wearables Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.1 M (USD)
in 1 rounds
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Latest Funding Round
$6.1 M (USD), Seed
Nov 17, 2021
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Investors
Flexport
& 6 more
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Employee Count
Employee Count
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Funding Insights of Coros
Coros has successfully raised a total of $6.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $6.1 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $6.1M
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First Round
First Round
(17 Nov 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Coros | Valuation | Dynamo |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Coros
Coros has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Flexport, Dynamo Ventures and Susa Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage US tech startups are invested in by Dynamo.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage companies across fintech, healthcare, and multiple sectors
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Founded Year | Domain | Location | |
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A private investment firm focused on real estate and capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Coros
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Coros
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Coros Comparisons
Competitors of Coros
Coros operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fitbit, TeamSnap, Whoop, iHealth Labs and Garmin International, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smartwatches and fitness trackers are provided for activity monitoring.
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| domain | founded_year | HQ Location |
Cloud-based sports league and team management solutions are provided.
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| domain | founded_year | HQ Location |
Provider of a smart wearable device for physical activities monitoring
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| domain | founded_year | HQ Location |
Personal healthcare devices for vital monitoring are designed and produced.
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| domain | founded_year | HQ Location |
Smart fitness trackers and watches are developed for performance monitoring.
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| domain | founded_year | HQ Location |
Outdoor action sports gear and apparel are retailed online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Coros
Frequently Asked Questions about Coros
When was Coros founded?
Coros was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Coros located?
Coros is headquartered in Tustin, United States. It is registered at Tustin, California, United States.
Who is the current CEO of Coros?
Lewis Wu is the current CEO of Coros. They have also founded this company.
Is Coros a funded company?
Coros is a funded company, having raised a total of $6.1M across 1 funding round to date. The company's 1st funding round was a Seed of $6.1M, raised on Nov 17, 2021.
What does Coros do?
Coros was established in 2015 and is headquartered in Tustin, United States. The company operates in the sports technology sector, focusing on connected wearables. GPS-enabled smart sport watches that resist pressure are developed, along with accessories and helmets tailored for athletes. These products support performance monitoring during various sports activities.
Who are the top competitors of Coros?
Coros's top competitors include Fitbit, TeamSnap and Evolucion Innovations.
Who are Coros's investors?
Coros has 7 investors. Key investors include Flexport, Dynamo Ventures, Susa Ventures, Greenhawk, and Fontinalis Partners.
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