3. Wearable Technology Report – September 20163
Contents
3
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 10
Who is Investing 18
Exit Outlook - IPO, Acquisitions 22
Sub Sector Analysis 25
Useful Links 40
Company List 42
Team 214
4. Wearable Technology Report – September 20164
Sector Overview
Scope of report
Companies which manufacture wearable devices for fitness tracking like bands, wellness devices for sleep monitoring, sexual
wellness, posture correction. Body wears like shirt, pants, shoes etc. which have the ability to track matrices like movements,
pressure, calories burned etc. Health care devices which can be worn and help in chronic disease management, heart care,
diabetes etc. Companies making wearables for tracking and monitoring babies, elderly, pets and patients. This also includes
wearable devices for infotainment purposes(Smart watches, communication devices , wireless earphones, wearable camera, AR
& VR devices). High-end fashion wearables like jewellery, watch, bracelet etc. with features like fitness monitoring, notification
alerts etc. Enterprise wearable devices for safety, wellness and increasing the efficiency of employees. The smart fabric which is
made by conducting yarns or have integrated electronics. Any technology provider which provides sensors, conducting yarns,
software or hardware to OEM manufacturers.
The scope of this report includes equity as well as debt funding received by the companies.
5. Wearable Technology Report – September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Useful Links
Company List
Team
55
9. Wearable Technology Report – September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Useful Links
Company List
Team
99
10. Wearable Technology Report – September 201610
YoY – Number of Rounds and Total Funding
Note: The funding includes debt rounds also.
$86M $91M
$54M
$482M
$412M
$588M
$1.4B
$1.1B
$1.5B
8
20
14
31
59
138
210
231
97
0
50
100
150
200
250
0
320
640
960
1280
1600
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
FundingAmount(inMillions)
Funding Amount Number of Rounds
17. Wearable Technology Report – September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Useful Links
Company List
Team
1717
18. Wearable Technology Report – September 201618
Most Active Investors in Sector
17
15
14 14
13
10
7 7 7
6
0
4
7
11
14
18
Intel Capital Khosla Ventures HAX Y Combinator True Ventures NEA Andreessen
Horowitz
Horizons
Ventures
Norwest
Venture Partners
500 Startups
TotalNumberofRounds
Razer Inc Jawbone Vibease Meta Fitbit Senseonics Magic Leap Meta iRhythm Tech Avegant
Avegant Misfit Wearables Shot Stats Thalmic Labs Athos Olio Devices Jawbone Misfit Wearables Misfit Wearables Pinmypet
21. Wearable Technology Report – September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Useful Links
Company List
Team
2121
22. Wearable Technology Report – September 201622
Top IPOs
IPO Date Company Overview
Funding
Amount
Mar-2016 s4ms.com
Senseonics
(Germantown, 1996)
Implantable system for continuous glucose monitoring
NEA, Rho Capital Partners, Greenspring Associates, Rho Ventures, Anthem Capital Management,
Abingworth, Delphi Ventures, Healthcare Ventures, Anthem Capital
$124.4M
Jun-2015 fitbit.com
Fitbit
(San Francisco, 2007)
Wireless wearable sensors to track person's activities.
Qualcomm Ventures, Foundry Group, Felicis Ventures, True Ventures, SoftBank, SoftTech VC, Sapphire
Ventures, 2020 Ventures, Darwin Ventures, Sapphire Ventures
$64.98M
Jan-2014 eksobionics.com
Ekso Bionics
(Richmond, 2005)
Bionic exoskeleton for people with paralysis
Western Technology Investment, Saints Capital, United States Department of Defense, Juvo Capital,
Mach5 Ventures
$17.07M
Nov-2011 invensense.com
InvenSense
(San Jose, 2003)
Motion processing solutions
Qualcomm Ventures, Sierra Ventures, Artiman, Western Technology Investment, Partech Ventures,
VentureTech Alliance, DOCOMO Innovations
$38M
Jul-2011 echotx.com
Echo Therapeutics
(Franklin, 1989)
Wearable devices and app for blood glucose monitoring and behavior modification for improving
disease condition
Essex Woodlands
$42.35M
Apr-2010 vuzix.com
Vuzix
(Rochester, 1997)
Video Eyewear products
Intel $25.81M
24. Wearable Technology Report – September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Useful Links
Company List
Team
2424
25. Wearable Technology Report – September 201625
September 2016Tracxn BlueBox : Wearable Technology
1255 companies in the sector, 408 funded in last 5 years, ~$1.8B invested in 2015-16
39. Wearable Technology Report – September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Useful Links
Company List
Team
3939
40. Wearable Technology Report – September 201640
Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Large Upcoming Sectors Entrepreneur Activity Link
Niche Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
Top IPOs in last three years Exit Outlook - IPO, Acquisitions Link
Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link
Fitness – Funded Companies Sub Sector Understand Link
Infotainment – Funded companies Sub Sector Understand Link
Healthcare – Funded Companies Sub Sector Understand Link
Wellness Devices – Funded Companies Sub Sector Understand Link
Technology Provider – Funded companies Sub Sector Understand Link
41. Wearable Technology Report – September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Useful Links
Company List
Team
4141
42. Wearable Technology Report – September 201642
Wearable Technology – Company List
Fitness Infotainment Healthcare
Technology
Providers
Welness
Devices
Sports
Enterprise
Solutions
Fashion Petcare Controller Stealth
552 FUNDED COMPANIES AND 753 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS
43. Wearable Technology Report – September 2016
Fitness (1/16)
43
Company Overview Business Model Total Funding
Huami
(2013, Beijing)
Wearable tech product
Sequoia Capital, Morningside Ventures, Shunwei, Xiaomi, Banyan
Capital
$35M
PICOOC
(2013, Beijing)
Wearable and Medical Devices Company
Gobi Partners, JD.Com, Tencent $24M
Zephyr
(2003, Annapolis)
Develops and manufactures real-time physiological and biomechanical
monitoring solutions.
Motorola Solutions, Alsop Louie Partners, 3M, NZVIF
$13.3M
The BitBite
(2014, San Francisco)
Building technology to monitor eating habits.
Healthub
(2014, Vancouver)
Sensor shirt for monitoring individual biometrics.
Sunbeam Products Inc
(1893, Boca Raton)
Makes fitness tracking bands
Velocity Foundry
(2014, Kitchener)
Solving low back pain through wearable technology by improving the
way you move.
BioMindR
(2016, Montreal)
Develop biosensors using RF technology.
<< Go to BM List >> Infotainment
44. Wearable Technology Report – September 2016
Fitness (2/16)
44
Company Overview Business Model Total Funding
Kids Dynamic Tech
(2015, San Francisco)
Smart watch for kids to monitor their activity.
Biocom Technologies
(1996, Poulsbo)
Wearable patch for sleep, fitness and stress measurement.
Bioring
(2015, Stockholm)
Fitness tracking ring which can monitor food intake and stress level
MYZONE
(2011, )
Developed a heart rate monitoring system
AiraWear
(2015, Singapore)
Jackets for massages, controllable via app
LiftUp
(2014, Cambridge)
Smart resistance band that tracks user's workout
ibitz
(2008, Boulder)
Wireless pedometers
BearTek Gloves
(2012, Columbia)
Gloves to control music, video and calls.
Plug and Play Tech Center
<< Go to BM List >> Infotainment
45. Wearable Technology Report – September 2016
Fitness (3/16)
45
Company Overview Business Model Total Funding
Athos
(2012, Redwood City)
Fitness apparel connected through app
Lightspeed Venture Partners, True Ventures, S23P, DCM Ventures, DMC
USA LTD, MAS Holdings, Felix Capital, Social Capital
Bodywear $51.2M
OMsignal
(2011, Montreal)
Apparel with embedded sensors that can monitor your heart rate,
breathing and activity.
Bessemer Venture Partners, Real Ventures, Golden, Flextronics, Mistral
Ventures
Bodywear $11M
Sensoria
(2010, Redmond)
Sensor-equipped wearables developer
Plug and Play Tech Center, Startcaps Ventures, Reply Bodywear $5.5M
Textronics
(2005, Wilmington)
Wearable monitoring through electronic textiles
Physic Ventures, NGEN Partners, SAS Investors Bodywear $5M
FitLinxx
(1993, Shelton)
Provider of wireless wearable fitness solutions
North Atlantic Capital, Ironwood Capital Bodywear $4.1M
Sensilk
(2013, San Francisco)
Clothing for health stats
Plug and Play Tech Center, Han Hai Investment, Highway1 Bodywear $1.75M
Xenoma
(2015, Tokyo)
Garment with embedded sensors
jst.go.jp, NEDO, Beyond Next Ventures Bodywear $1.7M
Hexoskin
(2006, San Francisco)
Apparel with integrated sensors that captures body metrics.
Anges Quebec, Anges Quebec Capital Bodywear $1.69M
<< Go to BM List >> Infotainment
213. Wearable Technology Report – September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Useful Links
Company List
Team
213213
214. Wearable Technology Report – September 2016
Team
Tanuj Choudhary
Analyst – Technology Global
214
Amol Khedkar
Lead Analyst – Technology Global
Vijaya Bhaskar Rao
Lead Analyst – Technology Global