About Skelmet
Skelmet is a company based in Cambridge (United States) founded in 2015 by Rain Wang. It operates as a B2B. Skelmet has raised $100 thousand across 3 funding rounds from investors including HHS, MassChallenge and HAX. Skelmet operates in a competitive market with competitors including Ditto, ThreeKit, Wanna, FaceCake and Topology Eyewear, among others.
- Headquarter Cambridge, United States
- Founders Rain Wang
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 3 rounds
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Latest Funding Round
$149.5 K (USD), Grant
Apr 01, 2019
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Investors
HHS
& 2 more
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Employee Count
Employee Count
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Funding Insights of Skelmet
Skelmet has successfully raised a total of $100K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $149.5 thousand completed in April 2019. 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 3
- Last Round Grant — $149,498
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First Round
First Round
(08 May 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Grant - Skelmet | Valuation |
investors |
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| Oct, 2017 | Amount | Grant - Skelmet | Valuation |
investors |
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| May, 2017 | Amount | Seed - Skelmet | Valuation |
investors |
| 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 Skelmet
Skelmet has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, MassChallenge and HAX. 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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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location | |
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Startups are accelerated via a 111-day program with seed funding.
|
Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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 Skelmet
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - Skelmet
| 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 |
Skelmet Comparisons
Competitors of Skelmet
Skelmet 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 Ditto, ThreeKit, Wanna, FaceCake and Topology Eyewear, 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 |
Resilient edge device connectivity and data synchronization platform is provided.
|
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| domain | founded_year | HQ Location |
AR product visualization platform is provided for retail industry.
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| domain | founded_year | HQ Location |
AR-based try-on app for shoe visualization in shopping is offered.
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| domain | founded_year | HQ Location |
Augmented reality try-on solutions for retail personalization are offered.
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| domain | founded_year | HQ Location |
AI-driven app-based platform for fashion eyewear for men & women
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| domain | founded_year | HQ Location |
Virtual sizing solution for online retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Skelmet
When was Skelmet founded?
Skelmet was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Skelmet located?
Skelmet is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Skelmet a funded company?
Skelmet is a funded company, having raised a total of $100K across 3 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on May 08, 2017.
What does Skelmet do?
Skelmet, backed by 249498.0 from HHS, MassChallenge, HAX, focuses on producing manufactured goods, 3d printing, custom products, and developing wearables. Specializes in custom head-worn products created using 3D scanning and 3D printing technology. Driving innovation, growth, and excellence in its industry sectors.
Who are the top competitors of Skelmet?
Who are Skelmet's investors?
Skelmet has 3 investors. Key investors include HHS, MassChallenge, and HAX.