Withings

Withings

Designs and manufactures smart health devices

About

Withings creates smart health devices like the ScanWatch, which track health metrics such as steps, sleep patterns, heart rate, and oxygen saturation. Their products are sold directly to consumers online, with 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 for its excellent customer service and a global community of over 1 million users focused on improving their health.

Company Stage

Series B

Employees

201-500

Industries

Consumer Software, Healthcare, Consumer Goods

Total Funding

$89.5M

Headquarters

N/A

Founded

2008


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Simplify's Take

What believers are saying

  • Withings' expansion into the Indian market opens up significant growth opportunities in a large, untapped market.
  • The launch of the BeamO multiscope at CES 2024 showcases Withings' commitment to innovation and leadership in telehealth technology.
  • Partnerships with companies like LifeMD enhance Withings' product offerings and market reach, particularly in in-home health monitoring.

What critics are saying

  • The competitive landscape in digital health technology is intense, with major players like Apple and Samsung potentially overshadowing Withings.
  • The need to continuously innovate and integrate advanced health monitoring features could strain resources and impact profitability.

What makes Withings unique

  • Withings stands out by integrating hospital-grade health monitoring capabilities into consumer-friendly devices, unlike many competitors who focus solely on fitness tracking.
  • Their direct-to-consumer sales model with flexible payment options and a 30-day return policy enhances customer satisfaction and accessibility.
  • Withings' strong emphasis on data-driven insights and long-term health tracking through their mobile app fosters high user engagement and loyalty.

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Growth & Insights
Headcount

6 month growth

↑ 0%

1 year growth

↓ -2%

2 year growth

↑ 9%

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