KINETIC

KINETIC

Wearable device for workplace injury prevention

About

Kinetic enhances workplace safety by providing a wearable device called Reflex, which is designed to alert workers about high-risk motions that could lead to injuries. This device is worn on the hip and helps prevent accidents before they occur, making it particularly useful for frontline workers in industries like manufacturing, logistics, and healthcare. Kinetic differentiates itself from competitors by combining hardware sales with a subscription-based software platform that offers detailed safety analytics, ensuring a steady income stream. The company's goal is to significantly reduce workplace injuries and lost workdays, ultimately improving employee well-being and lowering costs for employers.

Company Stage

Series A

Employees

51-200

Industries

Data & Analytics, Healthcare

Total Funding

$25.4M

Headquarters

New York City, New York

Founded

2014


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Simplify's Take

What believers are saying

  • Growing demand for industrial wearables boosts Kinetic's market potential.
  • Partnership with Nationwide opens new revenue streams in insurance.
  • Emphasis on digitization aligns with Kinetic's analytics-driven safety approach.

What critics are saying

  • Increased competition in industrial wearables may pressure Kinetic's market share.
  • Regulatory challenges may arise from Kinetic's insurance sector involvement.
  • Focus on insurance could divert resources from core wearable technology development.

What makes KINETIC unique

  • Kinetic's Reflex device reduces workplace injuries by 50-60%, enhancing safety.
  • Partnership with Nationwide offers IoT-based worker's compensation, a market-first innovation.
  • Dual revenue model from device sales and analytics services ensures steady income.

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Growth & Insights
Headcount

6 month growth

14%

1 year growth

4%

2 year growth

58%

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