Overview

Withings creates smart health devices like the ScanWatch that track health metrics such as steps, sleep patterns, heart rate, and oxygen saturation. Their products are sold directly to consumers through their website, offering flexible payment options and a 30-day return policy. The accompanying mobile app allows users to monitor long-term health trends, enhancing user engagement and loyalty. Withings stands out with its award-winning customer service and a global community of over 1 million users focused on improving their health.

Simplify's Take

What believers are saying

• AI integration provides personalized health insights, increasing user engagement.
• Remote monitoring partnerships open new revenue streams and enhance product offerings.
• Expansion into new regions like Europe increases market reach.

What critics are saying

• Increased competition from AI-powered health devices at CES 2025.
• Omnia health mirror may face adoption challenges due to installation difficulties.
• Partnership with Satelia poses data privacy and security risks.

What makes Withings unique

• Withings integrates AI for personalized health insights, enhancing device value.
• Partnership with Satelia expands remote patient monitoring capabilities.
• Omnia health mirror offers a 360-degree view of vital indicators.

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Funding

Total Funding

$279M

Above

Industry Average

Funded Over

4 Rounds

$58,300,000

Series B

Jul 2020

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$45M

$58.3M

$65M

$100M

View all funding stages