October 30, 2018
NEW YORK, Oct. 30, 2018 /PRNewswire/ — Kinetic announced today the close of its $4.5 million seed funding round. The company builds a wearable device called REFLEX that aims to reduce workplace injuries for industrial workers. REFLEX attaches to a worker’s belt and can measure activities that put them at risk of injury, such as unsafe postures, jumping off vehicles or slips and falls. Deskless workers comprise over 80% of the global workforce and in spite of being such a large part of the economy, they have generally been left behind in the larger trend of building technology for the enterprise.
The $4.5 million in seed funding comes from an experienced group of global technology investors including Crosslink Capital and Primary Venture Partners. The funding will help expand Kinetic’s manufacturing capabilities and scale operations. Read rest here.