Wearsafe

Hartford, United States Founded: 2014 • Age: 12 yrs
Operates a direct-to-consumer brand of safety wearables.

About Wearsafe

Wearsafe was an Industrial Goods & Manufacturing company based in Hartford (United States) founded in 2014 by David Benoit and Phill Giancarlo. It operates a direct-to-consumer brand of safety wearables. It operates on a B2C model. Wearsafe has raised $25.52 million across 5 funding rounds. The company has 7 employees. The company is recorded as dissolved. Its focus areas include Consumer Goods, Wearables, Safety Products and Personal Safety Devices. Its legal entity is WEARSAFE LABS LLC. Its competitors include Jiobit, XY Labs and Track Group; 3 of its 3 listed competitors have raised funding.

Company details

Wearsafe operates a direct-to-consumer brand of safety wearables, focusing on producing consumer products, developing wearables, safety products, and personal safety devices. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Hartford, United States
  • Employees 7
  • Founders David Benoit, Phill Giancarlo
  • Sectors
    Industrial Goods & Manufacturing
  • Website wearsafe.com
  • Social X Facebook
  • Legal Name Wearsafe Labs Llc
Key Metrics
  • Total Equity Funding
    $25.52M (USD)

    in 5 rounds

  • Latest Funding Round
    $16.21M (USD), Series B

    Nov 2022

  • Employee Count
    7

Funding Insights of Wearsafe

Wearsafe has successfully raised a total of $25.52M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $16.21 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.

  • Total Funding $25.52M
  • Total Rounds 5
  • Last Round Series B β€” $16.21M
  • First Round $2.03M

    (Jan 2016)

All 5 funding rounds of Wearsafe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2022$16.21MSeries B––
–
Jun 2018$3.98MSeries A––
–
Sep 2017$2.59MSeries A––
–
Aug 2016$709,988Series A––
–
Jan 2016$2.03MSeries A––
–

People of Wearsafe

5 people are tracked at Wearsafe (3 in leadership, 2 in team); the tracked headcount is 7.

NameRoleGroup
David Benoit
Co-FounderLeadership
Phill Giancarlo
Co-FounderLeadership
Jamie Nelson
Head of DevOpsLeadership
Davies Courtney
Sales ManagerTeam
Bud Becklund
Affilate Sales AssociateTeam
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Complete people profiles for Wearsafe

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Timeline of Wearsafe

3 dated milestones of Wearsafe across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Wearsafe is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series B, of $16.2M.

Competitors of Wearsafe

Wearsafe has 3 listed competitors in our database, 3 of them funded. They include Jiobit, XY Labs and Track Group.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jiobit.com2015San Francisco, United States$18.92M
Discreet wearable electronics are embedded in apparel and accessories.
xylabs.com2012San Diego, United States$19.19M16
Platform offering self-sovereign data gathering, storage, and processing solutions
trackgrp.com1995Naperville, United States$26.12M
Offender monitoring and tracking solution
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Detailed competitors of Wearsafe

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Top companies in Industrial Safety Equipment

3 companies that operate in the same segment as Wearsafe (Industrial Safety Equipment) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based QEHS and operational risk software is provided.
1999Chicago, Illinois, United StatesUSD 26.5 MUSD 6.02 M268
Distributor of water, wastewater, and fire protection products
2017Saint Louis, Missouri, United StatesUSD 66.99 MUSD 7.65 B5,700
Cloud-based compliance solutions for health and safety risks are provided.
2000Fort Lauderdale, Florida, United StatesUSD 7.02 MUSD 6.23 M204
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Related news about Wearsafe

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Frequently Asked Questions about Wearsafe

Wearsafe was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Wearsafe is headquartered in Hartford, United States. It is registered at Hartford, Connecticut, United States.

Wearsafe is a funded company, having raised a total of $25.52M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.03M, raised on Jan 2016.

Wearsafe has 7 employees.

Wearsafe operates a direct-to-consumer brand of safety wearables, focusing on producing consumer products, developing wearables, safety products, and personal safety devices. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Wearsafe's top competitors include Track Group, Jiobit and XY Labs.

Wearsafe operates through Wearsafe Labs Llc.

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