About HeroWear
HeroWear is a company based in United States founded in 2018 by Karl Zelik and Mark Harris.. HeroWear has raised $14.8 million across 7 funding rounds from investors including HHS, White Road Investments and Engage. HeroWear offers products and services including Apex 2 Exosuit, Deployment Programs, and ROI Calculator. HeroWear operates in a competitive market with competitors including Noonee, Exomys, Skelex, Shanghai Boling Robot Technology and Tavisha Robotics, among others.
- Headquarter United States
- Founders Karl Zelik, Mark Harris
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Herowear, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.8 M (USD)
in 7 rounds
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Latest Funding Round
$9.83 M (USD), Series A
Mar 28, 2025
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Investors
HHS
& 3 more
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Employee Count
Employee Count
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Products & Services of HeroWear
HeroWear offers a comprehensive portfolio of products and services, including Apex 2 Exosuit, Deployment Programs, and ROI Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Back-assist device that reduces muscle fatigue and strain for workers.
Programs to equip and train workforces with exosuits for safety.
Tool to estimate investment returns from using exosuits in workplaces.
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Funding Insights of HeroWear
HeroWear has successfully raised a total of $14.8M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $9.83 million completed in March 2025. 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 7
- Last Round Series A — $9.8M
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First Round
First Round
(01 Jul 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - HeroWear | Valuation |
investors |
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| Dec, 2022 | Amount | Seed - HeroWear | Valuation |
investors |
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| Sep, 2022 | Amount | Grant - HeroWear | Valuation |
investors |
| 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 HeroWear
HeroWear has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include HHS, White Road Investments and Engage. 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 healthtech startups are invested in by White Road Investments.
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Founded Year | Domain | Location | |
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Venture capital is invested in multiple sectors by Engage.
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Founded Year | Domain | Location | |
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Venture capital fund backed by the US Government
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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 HeroWear
| 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 - HeroWear
| 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 |
Herowear Comparisons
Competitors of HeroWear
HeroWear 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 Noonee, Exomys, Skelex, Shanghai Boling Robot Technology and Tavisha Robotics, 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 |
Exoskeleton chair is worn for mobile sitting support.
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| domain | founded_year | HQ Location |
Wearable devices are developed to reduce painful and stressful effects.
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| domain | founded_year | HQ Location |
Home - Skelex
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| domain | founded_year | HQ Location |
Exoskeleton robots are provided for musculoskeletal support and posture monitoring.
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| domain | founded_year | HQ Location |
Delivers robotic exoskeletons and exosuits to enhance employee productivity.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Herowear
Frequently Asked Questions about HeroWear
When was HeroWear founded?
HeroWear was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is HeroWear located?
HeroWear is headquartered in United States.
Who is the current CEO of HeroWear?
Mark Harris is the current CEO of HeroWear. They have also founded this company.
Is HeroWear a funded company?
HeroWear is a funded company, having raised a total of $14.8M across 7 funding rounds to date. The company's 1st funding round was a Grant of $993.03K, raised on Jul 01, 2019.
What does HeroWear do?
HeroWear offers Apex 2 Exosuit, Deployment Programs, ROI Calculator while focusing on high tech, professional service robots, multi utility, exoskeleton robots, and passive exoskeletons. Manufacturer of back-assist exosuit. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs.
Who are the top competitors of HeroWear?
What products or services does HeroWear offer?
HeroWear offers Apex 2 Exosuit, Deployment Programs, and ROI Calculator.
Who are HeroWear's investors?
HeroWear has 4 investors. Key investors include HHS, White Road Investments, Engage, and America’s Seed Fund.