W
WELT
The embedded sensors and algorithms in innovative belts accurately calculate the fall risk from abnormal gait patterns
About WELT
WELT Corporation, established in 2016 by CEO Sean G. Kang, is a digital healthcare company that originated as a spin-off from Samsung Electronics' C-Lab program.
Kang, who holds a medical degree and a Master of Public Health, has steered the company to focus on preventative health solutions through technology. The company initially gained attention with its first product, the WELT Smart Belt, which successfully launched on Kickstarter.
WELT operates in the digital health and wellness market, targeting both individual consumers and businesses. Its business model encompasses both the sale of its smart belt and the development of digital therapeutics. The company generates revenue through the direct sale of its products and likely through partnerships for its digital therapeutic solutions.
The company's product line includes the WELT Smart Belt, a fashionable leather belt with an integrated fitness tracker. This wearable device monitors various health metrics, including waist size, steps taken, and distance walked, and syncs with a mobile app to provide users with health insights. More recently, WELT has expanded into the field of digital therapeutics, developing software-based treatments for conditions such as insomnia. These digital solutions leverage smartphones and other sensors to track, monitor, and predict health outcomes, offering a non-invasive approach to healthcare.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Seoul, South Korea
- Employees
- 25
- Open positions
- None listed
- Dealroom signal
- 68.4/100
- Industry
- Wellness Beauty, Fashion
- Sub-industry
- Accessories
- Sector
- eCommerce & Marketplaces, Risk Management, Spinout, DT and LS
- Technology
- Deep Tech, IoT InternetOfThings
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Jun 2024 | $12M | $47M | Korea Development Bank · HANDOK · Shinhan Venture Investment · Envisioning Partners | ↗ |
| SERIES B✓Equity / VC | Jan 2022 | $12M | $47M | IMM Investment · Posco Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for WELT is 4.4K monthly website visits, down 4.3% over the last three months. WELT's team declined 7.4% over the past year.
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.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Samsung Ventures
Series A5 investors entered at this stage
SmileGate Investment
Hanwha Asset Management
HANDOK
IMM Investment- PCPosco Capital
Series B and later3 investors entered at this stage
Envisioning Partners
Korea Development Bank
Shinhan Venture Investment
Other known investors1 additional known investor
Samsung Electronics
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about WELT 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 WELT’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.