About wearonize
wearonize is a company based in Lucerne (Switzerland) founded in 2019. It operates as a B2B. wearonize has raised $1.85 million across 1 funding round. wearonize operates in a competitive market with competitors including Kerv, Fidesmo, EVERING, FitPay and Billfold, among others.
- Headquarter Lucerne, Switzerland
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Wearonize Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.85 M (USD)
in 1 rounds
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Latest Funding Round
$1.85 M (USD), Seed
Jan 11, 2022
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Investors
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Employee Count
Employee Count
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Funding Insights of wearonize
wearonize has successfully raised a total of $1.85M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.85 million completed in January 2022. 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 1
- Last Round Seed — $1.8M
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First Round
First Round
(11 Jan 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Seed - wearonize | Valuation |
investors |
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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 |
Investments & Acquisitions by wearonize
| 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 - wearonize
| 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 |
Wearonize Comparisons
Competitors of wearonize
wearonize 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 Kerv, Fidesmo, EVERING, FitPay and Billfold, 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 |
Contactless payment rings are manufactured for wearable transactions.
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| domain | founded_year | HQ Location |
Wearable payment solutions are provided for contactless consumer transactions.
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| domain | founded_year | HQ Location |
Prepaid smart rings for touchless payments are offered to individuals.
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| domain | founded_year | HQ Location |
GPS navigation devices and wearable technology are manufactured.
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| domain | founded_year | HQ Location |
POS payment processing is offered for the entertainment industry.
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| domain | founded_year | HQ Location |
Develops and sells wearable rings for secure contactless payments and app management.
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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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Latest news on Wearonize
Frequently Asked Questions about wearonize
When was wearonize founded?
wearonize was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is wearonize located?
wearonize is headquartered in Lucerne, Switzerland. It is registered at Lucerne, Lucerne, Switzerland.
Is wearonize a funded company?
wearonize is a funded company, having raised a total of $1.85M across 1 funding round to date. The company's 1st funding round was a Seed of $1.85M, raised on Jan 11, 2022.
What does wearonize do?
wearonize, founded in 2019 in Lucerne, Switzerland, focuses on leveraging cutting-edge technology, fintech, wearable payments, and development platform. Offers a platform to develop innovative wearable payment solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
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