About SitRight
SitRight is a company based in Singapore (Singapore) founded in 2016 by Rashmi Mendis and Sasanka Kudagoda. It operates as a B2C. SitRight operates in a competitive market with competitors including Sennotech, Zikto, APDM, BackRobo and Team Elysium, among others.
- Headquarter Singapore, Singapore
- Founders Rashmi Mendis, Sasanka Kudagoda
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Right Posture Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of SitRight
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2017 | Amount | Seed - SitRight | Valuation | AIRmaker |
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| 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 |
Investors in SitRight
SitRight has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include AIRmaker. 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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IoT startups are accelerated by a Singapore government-backed program.
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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 SitRight
| 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 |
Financial Statements - SitRight
| 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 |
Sitright Comparisons
Competitors of SitRight
SitRight 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 Sennotech, Zikto, APDM, BackRobo and Team Elysium, 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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| domain | founded_year | HQ Location |
Wearable medical sensing solutions are developed for unobtrusive healthcare applications.
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| domain | founded_year | HQ Location |
Haptic feedback for fitness
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| domain | founded_year | HQ Location |
Wearable sensors are developed to monitor body movements continuously.
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| domain | founded_year | HQ Location |
Smart devices for posture correction and sleep management are developed.
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| domain | founded_year | HQ Location |
Musculoskeletal diagnosis devices for body-posture measurements are provided.
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| domain | founded_year | HQ Location |
Smart devices for posture management are provided by the company.
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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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Frequently Asked Questions about SitRight
When was SitRight founded?
SitRight was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is SitRight located?
SitRight is headquartered in Singapore, Singapore.
What does SitRight do?
SitRight, based in Singapore, focuses on leveraging cutting-edge technology, health tech, developing wearables, and posture correction devices. Provides a smart seat cover for real-time posture monitoring and correction to promote better health. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Who are the top competitors of SitRight?
SitRight's top competitors include Kodgem Straight, Sennotech and Zikto.
Who are SitRight's investors?
SitRight has 1 investor. Key investors include AIRmaker.
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