What is Kinetic?
Kinetic develops advanced technology designed to help workers identify and prevent movements and activities that lead to workplace injuries. Headquartered in New York City, the company employs approximately 40 individuals across the United States and Canada. Their innovative solutions aim to enhance worker safety and reduce the incidence of musculoskeletal disorders through intelligent detection systems.
How much funding has Kinetic raised?
Kinetic has raised a total of $11.3M across 2 funding rounds:
Debt
$3M
Series A
$8.3M
Debt (2020): $3M, investors not publicly disclosed
Series A (2020): $8.3M led by Ubiquity Ventures, Prolog Ventures, Crosslink Capital, Nationwide, and Primary Ventures
Key Investors in Kinetic
Ubiquity Ventures
Ubiquity Ventures is a seed-stage venture capital firm specializing in "software beyond the screen" startups, focusing on companies that integrate smart hardware and machine intelligence to solve real-world physical problems.
Prolog Ventures
Prolog Ventures is a venture capital firm committed to investing in startups that promote healthy living and sustainability, supporting businesses with innovative solutions for a healthier world.
Crosslink Capital
Crosslink Capital is an investment firm that partners with early-stage founders to build category-defining companies, leveraging a proprietary network to support its diverse portfolio.
What's next for Kinetic?
With the recent major strategic investment, Kinetic is poised for significant scaling and further technological development. The substantial capital infusion, coupled with the company's enterprise-level funding context, suggests a focus on expanding market reach, enhancing product capabilities, and potentially exploring new industry verticals. This strategic backing will likely accelerate Kinetic's mission to create safer work environments through its pioneering technology.
See full Kinetic company page
