KINETIC provides wearable technology and a software analytics platform that helps reduce workplace injuries and protects workers from COVID-19. To date, tens of thousands of workers have worn the product in hundreds of facilities all around the world with a 54% reduction in workers' compensation claims costs. Customers include companies in the retail, logistics and manufacturing industries, including 6 of the Fortune 50.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 11/10/20 | $11,250,000 | Series A |
Crosslink Capital Nationwide Mutual Insurance Company Primary Venture Capital Prologis Ventures Ubiquity Ventures | undisclosed |
