About HoMedics
HoMedics is a company based in Detroit (United States) founded in 1987 by Ron Ferber. It operates as a B2C, and D2C. HoMedics has completed 1 acquisition, including Sol Republic. HoMedics offers products and services including Massagers, Air Purifiers, Humidifiers, and Health Monitors. HoMedics operates in a competitive market with competitors including P.volve, Nautilus, Precor, Flagship Management and A-Champs, among others.
- Headquarter Detroit, United States
- Founders Ron Ferber
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ConsumerEnvironment
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- Investments & Acquisitions
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Products & Services of HoMedics
HoMedics offers a comprehensive portfolio of products and services, including Massagers, Air Purifiers, Humidifiers, and Health Monitors. 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.
Tools for relaxation and muscle relief through massage.
Devices that improve indoor air quality by filtering pollutants.
Products that add moisture to air for better comfort.
Tools for tracking personal health metrics like weight.
Funding Insights of HoMedics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by HoMedics
HoMedics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sol Republic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Internet first brand offering audio devices
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HoMedics
| 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 |
Homedics Comparisons
Competitors of HoMedics
HoMedics 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 P.volve, Nautilus, Precor, Flagship Management and A-Champs, 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 |
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At-home and in-studio fitness programs with equipment are provided.
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Innovative wellness technologies are developed for mobility and recovery.
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Online platform for the purchase of fitness equipment
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Fitness equipment is supplied to rehabilitation centers by Flagship Management.
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| domain | founded_year | HQ Location |
Smart fitness and sports workout devices are developed.
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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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Homedics
Frequently Asked Questions about HoMedics
When was HoMedics founded?
HoMedics was founded in 1987.
Where is HoMedics located?
HoMedics is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Who is the current CEO of HoMedics?
Alon Kaufman is the current CEO of HoMedics.
What does HoMedics do?
Homedics is a company that provides health and wellness products, including massagers, air purifiers, humidifiers, and health monitors. They operate through an online platform, allowing direct purchases and subscriptions for items that promote relaxation and well-being. Based in the United States, they focus on home environment improvement and personal care, serving individual consumers with easy access to these products.
Who are the top competitors of HoMedics?
What products or services does HoMedics offer?
HoMedics offers Massagers, Air Purifiers, Humidifiers, and Health Monitors.
How many acquisitions has HoMedics made?
HoMedics has made 1 acquisition, including Sol Republic.