Chart from Tracxn Wearable Tech Report of April 2017In 2016 with 114 companies emerging in the wearable tech space, total funding dollars dropped off marginally by 21% from previous year.

Chart from Tracxn Wearable Tech Report of April 2017Stage wise, round count fell across the board-late stage rounds fell by 40%, early by 3% and seed by 35%.

Chart from Tracxn Wearable Tech Report of April 2017However, late stage investments rose exponentially by 197% followed by early(7%). Seed investments by contrast fell marginally by 7%. The average ticket size only rose for Series B investments by 27% with a 17% drop for Series A and 33% drop for seed.

Chart from Tracxn Wearable Tech Report of April 2017SOSV with investments in 28 companies and Techstars in 22 companies led the tally of most active investors. By stage of entry, HAX with investments in 15, came out at the top for seed, Khosla Ventures for Series A (7), DCM for Series B (3) and Norwest Venture Partners for later Stage (3).  Top investments in the last year include Codoon raising a Series C round of $50M led by FountainVest Partners and Focus Media, and Chrono Therapeutics raising $48M (Series B). The last year saw nine companies getting acquired among which motion processing solutions provider InvenSense getting scooped up by TDK for $1.3B was the highest disclosed deal value. Since 2014, five companies in this space have taken the IPO route.

Historically, consumer devices has been the most investment friendly business model ($2.7B) with 1121 companies operating in this space, notable ones being Jawbone and GoPro.

Note: You can download the part view of the report here. The full version of this report is available for our paid subscribers. Should you want to access the complete report and explore the Tracxn platform, drop us a note on bd@tracxn.com

Download the Tracxn Industry Report on Wearable Tech

Download Tracxn Wearable Tech Report of April 2017

Leave a Reply