Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

RealWear

Explore full profile

Producer of hands-free ruggedized head-mounted wearable computers for Connected Worker programs in industry

Vancouver, United StatesFounded 2016Consumer Electronics
Valuation $250–500M Last recorded · 2023
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for RealWear and the history behind them.

About RealWear

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.

Read full description

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Vancouver, United States
Employees
75
Open positions
10
Dealroom signal
72.2/100
Sector
Consumer Electronics, Data Analytics, Training, Voice Recognition, Industrial IoT, Video Sharing, Smart Glasses
Technology
Hardware, Deep Tech, Augmented Reality, Connected Device, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b
Investment activity
3 companies, latest Nov 2024
Capital deployed
$6.9M
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SPAC IPOOther financing Feb 2023 $150M $376M Cascadia Acquisition Corp ↗
SERIES COther financing Jun 2022 $24M $400M Kopin · Qualcomm Ventures · Columbia Ventures Corporation · Foundry ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

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.

Latest monthly visits46K 3-month web change-16.4% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

Series B and later2 investors entered at this stage

Team profiled 29 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
14 countries with
team presence
🇺🇸 United States24.6%
🇨🇭 Switzerland22.9%
🇮🇳 India13.1%
🇨🇳 China11.5%
🇷🇴 Romania8.2%
Top 5 of 14 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about RealWear on X, ranked by likes and reposts, corporate channels excluded.

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

See RealWear’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.