Misfit Wearables

Burlingame, United States Founded: 2011 • Age: 15 yrs Acquired By Fossil Group
Wearable devices such as smartwatches and fitness trackers are provided.
Annual revenue - Latest available
Total funding $63.0M 4 rounds
Employees - Tracked headcount
Investors 14 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Misfit Wearables

Misfit Wearables is a company based in Burlingame (United States) founded in 2011 by Sonny Vu and John Sculley was acquired by Fossil Group in November 2015. Misfit Wearables has raised $63 million across 4 funding rounds from investors including Xiaomi, JD.com and Khosla Ventures. Misfit Wearables operates in a competitive market with competitors including Fitbit, Whoop, iHealth Labs, Garmin International and Goqii, among others.

  • Headquarter Burlingame, United States
  • Founders Sonny Vu, John Sculley
  • Sectors
    Retail
    Healthcare Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Misfit Wearables Corporation
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $63 M (USD)

    in 4 rounds

  • Latest Funding Round
    $40 M (USD), Series C

    Jan 22, 2015

  • Investors
    Xiaomi

    & 13 more

  • Employee Count
    Not available
  • Acquired by
    Fossil Group

    (Nov 12, 2015)

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People of Misfit Wearables

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
John Sculley
Founder, Board Member, Investor

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Funding Insights of Misfit Wearables

Misfit Wearables has successfully raised a total of $63M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in January 2015. 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.

Investors in Misfit Wearables

Misfit Wearables has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Xiaomi, JD.com and Khosla Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
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Venture capital investments in technology and defense sectors.
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Potato farming, grain marketing, and equipment services in Maine.
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Investor details for Misfit Wearables

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Investments & Acquisitions by Misfit Wearables

Investments
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Investment portfolio details for Misfit Wearables

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Financial Statements - Misfit Wearables

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Misfit Wearables Comparisons

Misfit Wearables Primary company
Description
Wearable devices such as smartwatches and fitness trackers a...
Location
Burlingame, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Misfit Wearables

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Competitors of Misfit Wearables

Misfit Wearables 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, Whoop, iHealth Labs, Garmin International and Goqii, among others.

Company Name Domain Founded year HQ Location Description
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Smartwatches and fitness trackers are provided for activity monitoring.
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Provider of a smart wearable device for physical activities monitoring
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Personal healthcare devices for vital monitoring are designed and produced.
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Smart fitness trackers and watches are developed for performance monitoring.
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Provider of a wearable wristband integrated with personalized coaching
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Internet-connected watches are provided with customizable apps and activity tracking.
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Detailed competitors of Misfit Wearables

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Latest news on Misfit Wearables

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Frequently Asked Questions about Misfit Wearables

Misfit Wearables was founded in 2011.

Misfit Wearables is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.

Sonny Vu is the current CEO of Misfit Wearables. They have also founded this company.

Misfit Wearables is a funded company, having raised a total of $63M across 4 funding rounds to date.

Misfit Wearables was founded in 2011 and is headquartered in Burlingame, United States. Operations focus on the consumer wearables sector, where hardware and software for smartwatches, fitness trackers, and accessories are developed. An online platform is offered for product customization, including options for colors and straps. Mobile applications are provided for smart home automation and personal fitness tracking.

Misfit Wearables's top competitors include Fitbit, Whoop and Matrix Industries.

Misfit Wearables has 14 investors. Key investors include Xiaomi, JD.com, Khosla Ventures, Fossil Group, and Norwest Venture Partners.

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