WearOptimo

Brisbane, Australia Founded: 2018 • Age: 8 yrs
Wearable sensors are developed for real-time physiological data monitoring.
Annual revenue - Latest available
Total funding $5.0M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About WearOptimo

WearOptimo is a company based in Brisbane (Australia) founded in 2018 by Mark Kendall. WearOptimo has raised $5 million across 1 funding round. WearOptimo offers products and services including Hydration Microwearable Sensor and Smart App. WearOptimo operates in a competitive market with competitors including iRhythm Tech, AliveCor, Imperative Care, Biotricity and Cardiotrack, among others.

  • Headquarter Brisbane, Australia
  • Founders Mark Kendall
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Wearoptimo Pty Ltd
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Nov 11, 2022

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of WearOptimo

WearOptimo offers a comprehensive portfolio of products and services, including Hydration Microwearable Sensor and Smart App.

Product name locked
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Primary

Monitors body hydration via bio-signals in real time

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Delivers analytics and alerts for hydration metrics

Funding Insights of WearOptimo

WearOptimo has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in November 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.

Investments & Acquisitions by WearOptimo

Investments
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Investment portfolio details for WearOptimo

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Financial Statements - WearOptimo

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Detailed financials for WearOptimo

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Wearoptimo Comparisons

WearOptimo Primary company
Description
Wearable sensors are developed for real-time physiological d...
Location
Brisbane, Australia
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for WearOptimo

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Competitors of WearOptimo

WearOptimo 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 iRhythm Tech, AliveCor, Imperative Care, Biotricity and Cardiotrack, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided.
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Cardiac monitoring devices and applications are provided for heart health.
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Access catheters for neurovascular stroke treatment are provided.
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Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
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AI-based EGC data capture and analysis platform
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Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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Detailed competitors of WearOptimo

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Latest news on Wearoptimo

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Frequently Asked Questions about WearOptimo

WearOptimo was founded in 2018 and raised its 1st funding round 4 years after it was founded.

WearOptimo is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.

Mark Kendall is the current CEO of WearOptimo. They have also founded this company.

WearOptimo is a funded company, having raised a total of $5M across 1 funding round to date.

WearOptimo was founded in 2018 in Brisbane, Australia, within the wearable technology sector. Sensors are designed to capture bio-signals for continuous physiological monitoring. Operations center on hydration tracking via microwearable devices. Machine learning is integrated to analyze signals, yielding insights for performance adjustments and health issue identification. Data collection is maintained as accurate and user-accessible.

WearOptimo's top competitors include AliveCor, iRhythm Tech and Imperative Care.

WearOptimo offers Hydration Microwearable Sensor and Smart App.

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