About RealWear
RealWear is a company based in Vancouver (United States) founded in 2016.. RealWear has raised $128.48 million across 8 funding rounds from investors including JPMorgan Chase, Kopin and Teradyne. The company has 19 employees as of March 28, 2024. RealWear has completed 2 acquisitions, including Almer Technologies and Genba. RealWear offers products and services including Smart Glasses, Thermal Camera Module, and App Marketplace. RealWear operates in a competitive market with competitors including Vuzix, Almer Technologies, IrisVision, Qidi Technology and DreamWorld, among others.
- Headquarter Vancouver, United States
- Employees 19 as on 28 Mar, 2024
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Realwear Technologies India Private Limited
- Date of Incorporation 27 Apr, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.11 M (USD)17.81as on Mar 31, 2023
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Net Profit
$119.54 K (USD)23.78as on Mar 31, 2023
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EBITDA
$169.02 K (USD)15.33as on Mar 31, 2023
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Total Equity Funding
$128.48 M (USD)
in 8 rounds
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Latest Funding Round
$650 K (USD), Series C
Jul 03, 2025
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Investors
JPMorgan Chase
& 9 more
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Employee Count
19
as on Mar 28, 2024
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Investments & Acquisitions
Almer Technologies
& 1 more
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Products & Services of RealWear
RealWear offers a comprehensive portfolio of products and services, including Smart Glasses, Thermal Camera Module, and App Marketplace. 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.
Hands-free AR glasses that enhance worker productivity and safety.
Device for detecting invisible elements in industrial settings.
Platform connecting smart glasses to various industrial apps.
Funding Insights of RealWear
RealWear has successfully raised a total of $128.48M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $650 thousand completed in July 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 8
- Last Round Series C — $650,000
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First Round
First Round
(16 Nov 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series C - RealWear | Valuation |
investors |
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| Dec, 2022 | Amount | Series C - RealWear | Valuation |
investors |
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| Feb, 2022 | Amount | Series C - RealWear | Valuation | Foundry |
| 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 RealWear
RealWear has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include JPMorgan Chase, Kopin and Teradyne. 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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Founded Year | Domain | Location | |
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Venture capital is invested in early-stage tech startups.
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Founded Year | Domain | Location | |
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Venture capital investing in technology sectors such as AI and automotive.
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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 RealWear
RealWear has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Almer Technologies and Genba. 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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AR-based platforms for industrial remote assistance are provided.
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2021 | ||||
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Provider of an AI and voice-enabled maintenance assisting platform for workforces
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2021 |
| 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 - RealWear
| 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 |
Realwear Comparisons
Competitors of RealWear
RealWear 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 Vuzix, Almer Technologies, IrisVision, Qidi Technology and DreamWorld, 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 |
Smart glasses are provided for remote support and teleconferencing.
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| domain | founded_year | HQ Location |
AR-based platforms for industrial remote assistance are provided.
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| domain | founded_year | HQ Location |
Wearable technology for visually impaired individuals is developed.
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| domain | founded_year | HQ Location |
Developer of smart glasses for AR and VR applications
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| domain | founded_year | HQ Location |
Producer of augmented reality based headsets and glasses
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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 Realwear
Frequently Asked Questions about RealWear
When was RealWear founded?
RealWear was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is RealWear located?
RealWear is headquartered in Vancouver, United States. It is registered at Vancouver, Washington, United States.
Who is the current CEO of RealWear?
Sebastian Beetschen is the current CEO of RealWear.
Is RealWear a funded company?
RealWear is a funded company, having raised a total of $128.48M across 8 funding rounds to date. The company's 1st funding round was a Series C of $23.5M, raised on Nov 16, 2017.
How many employees does RealWear have?
As of Mar 28, 2024, the latest employee count at RealWear is 19.
What is the annual revenue of RealWear?
Annual revenue of RealWear is $1.11M as on Mar 31, 2023.
What does RealWear do?
RealWear was founded in 2016 and is headquartered in Vancouver, United States. Wearable heads-up displays are developed for industrial applications, enabling hands-free viewing of documents and manuals through smart glasses-like technology. Navigation and input are facilitated via voice commands, while a four-axis image-stabilized camera supports video calls and recordings. Operations focus on enhancing worker efficiency in sectors like manufacturing and field services.
Who are the top competitors of RealWear?
RealWear's top competitors include Almer Technologies, Vuzix and IrisVision.
What products or services does RealWear offer?
RealWear offers Smart Glasses, Thermal Camera Module, and App Marketplace.
How many acquisitions has RealWear made?
RealWear has made 2 acquisitions, including Almer Technologies, and Genba.
Who are RealWear's investors?
RealWear has 10 investors. Key investors include JPMorgan Chase, Kopin, Teradyne, Qualcomm Ventures, and RealMax.
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