About UnaliWear
UnaliWear is a company based in Austin (United States) founded in 2013.. UnaliWear has raised $5.77 million across 3 funding rounds from investors including True Wealth Ventures and Maxim Ventures. UnaliWear offers products and services including Kanega Medical Alert Watch. UnaliWear operates in a competitive market with competitors including Ekso Bionics, SafelyYou, Nobi, Flosonics Medical and Connect America, among others.
- Headquarter Austin, United States
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Unaliwear, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.77 M (USD)
in 3 rounds
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Latest Funding Round
$245 K (USD), Series A
Jun 15, 2020
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Investors
True Wealth Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of UnaliWear
UnaliWear offers a comprehensive portfolio of products and services, including Kanega Medical Alert Watch. 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.
Watch for detecting falls and providing emergency assistance services.
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Funding Insights of UnaliWear
UnaliWear has successfully raised a total of $5.77M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $245 thousand completed in June 2020. 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 Series A — $245,000
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First Round
First Round
(29 Feb 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series A - UnaliWear | Valuation |
investors |
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| Oct, 2016 | Amount | Series A - UnaliWear | Valuation | True Wealth Ventures |
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| Feb, 2016 | Amount | Series A - UnaliWear | Valuation | Maxim Ventures |
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| 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 UnaliWear
UnaliWear has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include True Wealth Ventures and Maxim Ventures. 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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True Wealth Ventures is focused on investing in women-led companies.
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Founded Year | Domain | Location | |
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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 UnaliWear
| 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 - UnaliWear
| 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 |
Unaliwear Comparisons
Competitors of UnaliWear
UnaliWear 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 Ekso Bionics, SafelyYou, Nobi, Flosonics Medical and Connect America, 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 |
Exoskeletons for medical rehabilitation and industrial productivity are provided.
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| domain | founded_year | HQ Location |
AI-based fall detection and prevention technology is provided for clinics.
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| domain | founded_year | HQ Location |
Smart lamp for elderly fall detection is provided.
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| domain | founded_year | HQ Location |
Developer of non-invasive hemodynamic monitoring devices
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| domain | founded_year | HQ Location |
Provider of emergency monitoring services to older adults with medical conditions
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| domain | founded_year | HQ Location |
Assistive aids for elderly are provided via non-wearable sensors.
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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 UnaliWear
When was UnaliWear founded?
UnaliWear was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is UnaliWear located?
UnaliWear is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is UnaliWear a funded company?
UnaliWear is a funded company, having raised a total of $5.77M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.4M, raised on Feb 29, 2016.
What does UnaliWear do?
UnaliWear was founded in 2013 in Austin, United States, focusing on wearable technology for elderly care. A classically styled watch with a speech interface is produced, eliminating the need for a smartphone. Functions such as medication reminders, fall detection, and navigation assistance are included, with waterproof design ensured. Operations involve Kickstarter campaigns and pre-orders, targeting availability in 2016 through the companys website.
Who are the top competitors of UnaliWear?
UnaliWear's top competitors include Ekso Bionics, SafelyYou and Nobi.
What products or services does UnaliWear offer?
UnaliWear offers Kanega Medical Alert Watch.
Who are UnaliWear's investors?
UnaliWear has 2 investors. Key investors include True Wealth Ventures, and Maxim Ventures.