RealWear

Vancouver, United States Founded: 2016 • Age: 10 yrs
Provider of wearable heads-up display for industrial workers
Annual revenue $1.1M Latest available
Total funding $145.5M 11 rounds
Employees 19 Tracked headcount
Investors 10 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About RealWear

RealWear is a company based in Vancouver (United States) founded in 2016. RealWear has raised $145.48 million across 11 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
  • Sectors
    Technology
  • 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
Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.11 M (USD)
    17.81
    as on Mar 31, 2023
  • Net Profit
    $119.54 K (USD)
    23.78
    as on Mar 31, 2023
  • EBITDA
    $169.02 K (USD)
    15.33
    as on Mar 31, 2023
  • Total Equity Funding
    $145.48 M (USD)

    in 11 rounds

  • Latest Funding Round
    $7.67 M (USD), Series C

    Jul 23, 2026

  • Investors
  • Employee Count
    19

    as on Mar 28, 2024

  • Investments & Acquisitions
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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.

Product name locked
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Primary

Hands-free AR glasses that enhance worker productivity and safety.

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Device for detecting invisible elements in industrial settings.

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Platform connecting smart glasses to various industrial apps.

Funding Insights of RealWear

RealWear has successfully raised a total of $145.48M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $7.67 million completed in July 2026. 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 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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Venture capital is invested in early-stage tech startups.
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Venture capital investing in technology sectors such as AI and automotive.
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Investor details for RealWear

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Investments & Acquisitions by RealWear

RealWear has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Almer Technologies and Genba.

Investments
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Investment portfolio details for RealWear

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Acquisitions
Company Name Description Domain Location Founded Year Amount
AR-based platforms for industrial remote assistance are provided.
Locked Locked 2021 Locked
Provider of an AI and voice-enabled maintenance assisting platform for workforces
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Complete acquisition details for RealWear

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Financial Statements - RealWear

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Detailed financials for RealWear

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Realwear Comparisons

RealWear Primary company
Description
Provider of wearable heads-up display for industrial workers
Location
Vancouver, United States
Founded Year
2016
Annual Revenue
$1.11 M (USD)
Net Profit
$119.54 K (USD)
EBITDA
$169.02 K (USD)
Employees
19
As of 2024
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Peer comparison for RealWear

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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.

Company Name Domain Founded year HQ Location Description
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Smart glasses are provided for remote support and teleconferencing.
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AR-based platforms for industrial remote assistance are provided.
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Wearable technology for visually impaired individuals is developed.
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Developer of smart glasses for AR and VR applications
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Producer of augmented reality based headsets and glasses
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Detailed competitors of RealWear

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Latest news on Realwear

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Complete news archive for RealWear

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Frequently Asked Questions about RealWear

RealWear was founded in 2016 and raised its 1st funding round 1 year after it was founded.

RealWear is headquartered in Vancouver, United States. It is registered at Vancouver, Washington, United States.

Sebastian Beetschen is the current CEO of RealWear.

RealWear is a funded company, having raised a total of $145.48M across 11 funding rounds to date.

As of Mar 28, 2024, the latest employee count at RealWear is 19.

Annual revenue of RealWear is $1.11M as on Mar 31, 2023.

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.

RealWear's top competitors include Almer Technologies, Vuzix and IrisVision.

RealWear offers Smart Glasses, Thermal Camera Module, and App Marketplace.

RealWear has made 2 acquisitions, including Almer Technologies, and Genba.

RealWear has 10 investors. Key investors include JPMorgan Chase, Kopin, Teradyne, Qualcomm Ventures, and RealMax.

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