Omate

Hong Kong, China Founded: 2013 • Age: 13 yrs
Waterproof standalone smartwatches are designed for global connectivity.
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About Omate

Omate is a company based in Hong Kong (China) founded in 2013.. Omate operates in a competitive market with competitors including Fitbit, Mobvoi, Tomoon, Silent Mind Singing Bowls and Joint Chinese, among others.

  • Headquarter Hong Kong, China
  • Sectors
    Retail
    Healthcare Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Fashion & Retail Innovation
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Omate

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2015 Amount Seed - Omate Valuation 500 Global
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Omate

Omate has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 500 Global. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital and acceleration are provided to tech startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Omate

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Omate

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Omate Comparisons

Employees
+
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Competitors of Omate

Omate 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, Mobvoi, Tomoon, Silent Mind Singing Bowls and Joint Chinese, 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.
domain founded_year HQ Location
Developer of AI-powered voice interaction and generative AI technologies
domain founded_year HQ Location
Tomoon develops innovative smart watches for everyday use.
domain founded_year HQ Location
Offers singing bowl devices for effective meditation practices.
domain founded_year HQ Location
An online retail store for smart watches and healthcare equipment.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Omate

Frequently Asked Questions about Omate

When was Omate founded?

Omate was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Omate located?

Omate is headquartered in Hong Kong, China.

What does Omate do?

Omate was founded in 2013 in Hong Kong, China, as a telecom software design company focused on wearable technology. Standalone Android smartwatches, such as the TrueSmart model, are developed with water resistance and high technical specifications. Production began in December 2013 following a Kickstarter campaign that raised over 1 million. Products are shipped worldwide from operations based in Asia.

Who are the top competitors of Omate?

Omate's top competitors include Fitbit, Mobvoi and Tomoon.

Who are Omate's investors?

Omate has 1 investor. Key investors include 500 Global.

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