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RealWear
Producer of hands-free ruggedized head-mounted wearable computers for Connected Worker programs in industry
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.
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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.
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
Knowledge graph
More headlines
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 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Columbia Ventures Corporation
Teradyne
Qualcomm Ventures
Kopin
JP Morgan- BVBose Ventures
Series B and later2 investors entered at this stage
Foundry- CCCascadia Acquisition Corp
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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
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