Top 20 Most Active Investors in Wearable Tech.
For the last two years, the investments in wearable tech were driven in a large part, by two investments in the augmented reality startup Magic Leap. With a $542 million Series B investments raised in 2015, topped up with a Series C investments in 2015, the company raised a total of $793.5 million from a wide range of investors including Kleiner Perkins Caufield & Byers and Andreessen Horowitz so far.
And, even though the end of last year and the beginning of this year saw a slowing patch in the investments side, according to Markets & Markets’ and their “Global Forecast To 2020”, the wearable tech market anticipates growth at a compound annual rate (CAGR) of 21.4 percent. That is a whopping $37.97 billion from 2016 to 2020.
Top Investors in Wearable Tech
So here it is, the list of top 20 most active investors in wearable tech in 2015.
1. Accel Partners
2. Andreessen Horowitz
3. Battery Ventures
4. Benchmark Capital
5. Bessemer Venture Partners
7. Greylock Partners
8. Kleiner Perkins Caufield & Byers
9. New Enterprise Associates
10. Redpoint Ventures
11. Sequoia Capital
12. Union Square Ventures
13. Spark Capital
14. Index Ventures
15. Khosla Ventures
16. Founders Fund
17. Google Ventures
18. Felicis Ventures
19. Floodgate Fund
20. First Round Capital
In order to help you understand better which are the detailed wearable tech fields these investors have invested in, we have separated the wearable tech landscape in eight different categories.
• Apps/Software: Software firms that are aiming to power the digital revolution. From e-commerce and social media platforms for the fashion and apparel industry to the fitness and health monitoring apps.
• Fashion/Smart Apparel: These are companies designing smart, flexible sensors that are going to be installed in the fabrics of tomorrow.
• Smart Jewellery/SmartWatches: The firms in this category focus on the luxury aspect of the smart jewellery and the sensors that power these devices.
• Health and Fitness: Products targeting humans and pets are the same time. Adults, children, pets, etc.
• Digital Health: Health and wellness applications that cater for the healthcare market, at home or in the hospitals.
• Biometrics: Startups working on advanced biometric sensors that can read muscle electricity, brainwaves and neuro signals.
• AR/VR: Makers of augmented reality hardware and software, goggles and head-mounted displays.
• Industrial/Enterprise: Wearable tech startups that are designing for the heavy-duty industrial clients.So here it is, the top 20 most active investors in wearable tech in 2015. The selection reflects their portfolio valuations and their investment results.
Regardless of which companies rise as the leaders of tomorrow in wearable tech, there is no doubt on how the wearable tech is going to change our lives. The day when it is hard to remember not wearing smart wearable tech, be that a smart watch, a connected jewellery or even smart labels, is closer than you can imagine.