About Withings
Withings is a company based in Moulineaux (France) founded in 2008 by Eric Carreel.. Withings has raised $93.83 million across 3 funding rounds from investors including Nokia, Bpifrance and Idinvest Partners. Withings has completed 3 acquisitions, including 8fit, Impeto Medical and Zyken - NightCove. Withings operates in a competitive market with competitors including Fitbit, Ultrahuman, Oura, Whoop and iHealth Labs, among others.
- Headquarter Moulineaux, France
- Founders Eric Carreel
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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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Product Management Team
11 people
Software Development Team
8 people
Leadership Team
5 people
Human Resources and Administration
4 people
Sales and Marketing
4 people
Senior Team
2 people
Finance and Accounting
2 people
Operations Team
2 people
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Funding Insights of Withings
Withings has successfully raised a total of $93.83M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in July 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 B — $60.0M
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First Round
First Round
(02 Sep 2010)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series B - Withings | Valuation | Gilde Healthcare , Idinvest Partners | |
| Jul, 2013 | Amount | Series A - Withings | Valuation | Bpifrance | |
| Sep, 2010 | Amount | Seed - Withings | Valuation | Ventech |
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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 Withings
Withings has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Nokia, Bpifrance and Idinvest Partners. 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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Private equity and venture captial firm focused on healthcare sectors
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Founded Year | Domain | Location | |
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Equity investments are provided to low and middle market companies.
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Founded Year | Domain | Location | |
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Venture capital is provided to French companies by the firm.
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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 Withings
Withings has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 8fit, Impeto Medical and Zyken - NightCove. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Personalized workout and nutrition plans are delivered via mobile app.
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2014 | ||||
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Diabetes detection & diabetes testing equipment
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2005 | ||||
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Wellness and sleep systems are developed and supplied for hotels.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Withings
| 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 |
Withings Comparisons
Competitors of Withings
Withings 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 Fitbit, Ultrahuman, Oura, Whoop and iHealth Labs, 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 |
Smartwatches and fitness trackers are provided for activity monitoring.
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| domain | founded_year | HQ Location |
Metabolic health is tracked via devices and fitness platforms.
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| domain | founded_year | HQ Location |
Health-tracking smart rings and biosensors are developed for biometric monitoring.
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| domain | founded_year | HQ Location |
Provider of a smart wearable device for physical activities monitoring
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| domain | founded_year | HQ Location |
Personal healthcare devices for vital monitoring are designed and produced.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Withings
Frequently Asked Questions about Withings
When was Withings founded?
Withings was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is Withings located?
Withings is headquartered in Moulineaux, France. It is registered at Moulineaux, Seine-maritime, France.
Is Withings a funded company?
Withings is a funded company, having raised a total of $93.83M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.83M, raised on Sep 02, 2010.
What does Withings do?
Withings was founded in 2008 in Moulineaux, France, and operates in the health technology sector. Solutions for health, sleep, activity, and home environment monitoring are provided, along with computing and storage resources for app development. Products such as the Wifi BodyScale for weight and fat mass measurement, Withings Home for video security, and the WiFi-connected Thermo thermometer are offered. The associated app is available for iOS and Android devices.
Who are the top competitors of Withings?
Withings's top competitors include Ultrahuman, Oura and Fitbit.
How many acquisitions has Withings made?
Withings has made 3 acquisitions, including 8fit, Impeto Medical, and Zyken - NightCove.
Who are Withings's investors?
Withings has 9 investors. Key investors include Nokia, Bpifrance, Idinvest Partners, Oddo BHF, and Gilde Healthcare.
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