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RealWear
Consumer Electronics · Vancouver, United States · Founded 2016
Producer of hands-free ruggedized head-mounted wearable computers for Connected Worker programs in industry MoreLess
RealWear, accessible via realwear.com, is a pioneering company in the field of industrial wearable technology. The company specializes in creating head-mounted, wearable Android computers, notably the RealWear HMT-1 and HMT-1Z1 models. These devices transcend traditional smart glasses and industrial tablets by offering hands-free operation, which is crucial for workers in demanding environments.
RealWear primarily serves clients in industrial sectors such as manufacturing, automotive, energy, and field services. Companies like Volkswagen Commercial Vehicles, Toyota Deutschland GmbH, and Honeywell Connected Plant are among its notable customers. These clients benefit from RealWear's technology by enabling their workers to access real-time information and perform remote diagnostics without needing to use their hands, thereby enhancing safety and efficiency.
The market RealWear operates in is the industrial wearable technology sector, which is a niche but rapidly growing segment within the broader technology market. This sector focuses on providing advanced technological solutions to improve productivity and safety in industrial settings.
RealWear's business model revolves around the sale of its wearable devices and the accompanying software solutions. The company generates revenue through direct sales of its hardware products, as well as through ongoing software subscriptions and support services. This model ensures a steady stream of income from both new device sales and recurring software fees.
In summary, RealWear is at the forefront of industrial wearable technology, providing innovative solutions that enhance safety and productivity for workers in various industrial sectors. By focusing on hands-free, real-time information access, RealWear is helping companies maximize uptime and minimize risks.
Keywords: industrial wearable technology, head-mounted computers, hands-free operation, real-time information, augmented reality, remote diagnostics, manufacturing, automotive, energy, field services.
Company overview
RealWear company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Vancouver, United States
- Employees
- 75
- Open positions
- 10
- Dealroom signal
- 72.2
- Investment activity
- 3 companies · latest Nov 2024
- Capital deployed
- $6.9M
- Preferred round
- ACQUISITION
Valuation & funding
RealWear funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SPAC IPOOther financing | Feb 2023 | $150M | $376M | Cascadia Acquisition Corp | ↗ |
| SERIES COther financing | Jun 2022 | $24M | $400M | Kopin · Qualcomm Ventures · Columbia Ventures Corporation · Foundry | ↗ |
| SERIES COther financing | Feb 2022 | $20M | $80M | Undisclosed | ↗ |
| SERIES BOther financing | Jul 2019 | $80M | $320M | Qualcomm Ventures · Kopin · Teradyne · JP Morgan | — |
| DEBTDebt | Feb 2019 | $5M | — | Columbia Ventures Corporation | — |
| SERIES AOther financing | Feb 2018 | Columbia Ventures Corporation | ↗ |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $21M | 0% | 74 |
| 2025 | $21M | 0% | 75 |
| 2024 | $21M | 0% | 74 |
| 2023 | $21M | 0% | 117 |
| 2022 | $21M | +47.5% | 133 |
| 2021 | $14M | 0% | 126 |
| 2020 | $14M | — | 107 |
Growth signals
RealWear website traffic
Latest recorded traffic for RealWear is 46K monthly website visits, down 16.4% over the last three months. RealWear's team grew 0% over the past year.
Hiring
Open positions at RealWear
Current openings linked to this company in Dealroom.
Comparisons
RealWear compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
RealWear investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Almer TechnologiesBern, SwitzerlandStreamline your communication with Augmented Reality
$21Mvaluation
GenbaSeattle, United StatesRedefining the modern industrial worker experience by enabling complex workflows with intelligent software
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RE
RealWearChina
$83Mvaluation
Talent graph
RealWear's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where RealWear has talent and traffic
team presence
In the news
Latest news about RealWear
Recent press, funding announcements, and product moves mentioning RealWear — open to read from the original sources.
Market sentiment
What the market is saying about RealWear
An AI-synthesized read of the highest-engagement posts about RealWear on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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