About Welt
Welt is a company based in Seoul (South Korea) founded in 2016. Welt has raised $10.07 million across 1 funding round from investors including Korean Development Bank, Handok and Envisioning Partners. Welt offers products and services including Digital Biomarkers and Digital Therapeutics. Welt operates in a competitive market with competitors including Catapult, Cipher Skin, Sensoria, Eleksen and FitLinxx, among others.
- Headquarter Seoul, South Korea
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10.07 M (USD)
in 1 rounds
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Latest Funding Round
$10.07 M (USD), Series C
Jun 26, 2024
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Investors
Korean Development Bank
& 4 more
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Employee Count
Not available
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Products & Services of Welt
Welt offers a comprehensive portfolio of products and services, including Digital Biomarkers and Digital Therapeutics.
Uses smartphones and sensors to track and predict health outcomes.
Delivers personalized treatments based on data insights for diseases.
Funding Insights of Welt
Welt has successfully raised a total of $10.07M through 1 strategic funding round. The most recent funding activity was a Series C round of $10.07 million completed in June 2024. 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.
Investors in Welt
Welt has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Korean Development Bank, Handok and Envisioning Partners.
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Development financing and commercial banking are provided in South Korea.
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Investor details for Welt
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Investments & Acquisitions by Welt
Investment portfolio details for Welt
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Financial Statements - Welt
Detailed financials for Welt
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Welt Comparisons
Peer comparison for Welt
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Competitors of Welt
Welt 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 Catapult, Cipher Skin, Sensoria, Eleksen and FitLinxx, among others.
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Sports technology solutions are provided to enhance athlete performance.
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Biometric apparels for 3D body movement measurement are developed.
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Sensor-equipped wearables are developed for biometric monitoring.
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Textile fabric sensors for smart clothing were developed.
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Provider of wireless wearable fitness solutions
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Detailed competitors of Welt
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Latest news on Welt
Complete news archive for Welt
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Frequently Asked Questions about Welt
Welt was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Welt is headquartered in Seoul, South Korea.
Welt is a funded company, having raised a total of $10.07M across 1 funding round to date.
WELT is a smart belt developed by Welt Corp which is a spin-off company from Samsung Electronics. The belt tracks used a pedometer to track users fitness metrics like steps taken and calories burned. The WELT uses a magnetic waist sensor to track users waist size in real time. Using this data they can calculate calorie intake. The device connects to the smartphone via Bluetooth. The proprietary app gives insights about users health by analysing the data collected by the WELT. Have raised more than 72K on Kickstarter.
Welt's top competitors include Catapult, Sensoria and Cipher Skin.
Welt offers Digital Biomarkers and Digital Therapeutics.
Welt has 5 investors. Key investors include Korean Development Bank, Handok, Envisioning Partners, IMM Investment, and Shinhan Venture Investment.