Which firms fund wearable startups?
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The wearable technology funding landscape has experienced explosive growth, with over $8 billion invested by major financial players in recent years.
Understanding which venture capital firms, corporate investors, and accelerators are actively funding wearable startups is crucial for entrepreneurs and investors looking to capitalize on this $885 billion market opportunity projected by 2033.
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Summary
The wearable tech funding ecosystem spans from established VCs like Sequoia Capital and Andreessen Horowitz to corporate giants investing billions. In 2024, the market saw robust investment activity with over 27,000 funding rounds averaging $25.7 million each, while 2025 shows continued momentum with several major rounds already completed.
Category | Key Players | Investment Range | Focus Areas |
---|---|---|---|
Top Venture Capital Firms | Sequoia Capital, Andreessen Horowitz, Khosla Ventures, General Catalyst | $10M - $100M+ | AI-powered wearables, health monitoring |
Corporate Venture Arms | Google Ventures, Intel Capital, Samsung Ventures, Microsoft M12 | $25M - $500M | Strategic partnerships, ecosystem integration |
Healthcare-Focused VCs | Oak HC/FT, Optum Ventures, Founders Fund | $15M - $200M | Digital therapeutics, remote monitoring |
Geographic Hubs | Silicon Valley, Tel Aviv, London, Singapore | $5M - $300M | Regional market access, specialized tech |
Early-Stage Accelerators | Y Combinator, Techstars, HAX, SOSV | $100K - $500K | Hardware development, market validation |
Funding Stages | Seed to Series C dominance | $2M - $50M typical | Product development to scale-up |
Emerging Trends 2025 | AI integration, sustainability, healthcare convergence | $20M+ average | Advanced sensors, mental health, enterprise |
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DOWNLOAD THE DECKWhich venture capital firms are currently leading wearable tech investments?
Sequoia Capital stands as the dominant force in wearable tech funding, having invested in multiple rounds across hardware and software companies in 2024-2025.
Andreessen Horowitz (a16z) has deployed over $300 million specifically targeting wearable startups, with notable investments in health monitoring and AR/VR companies. Khosla Ventures leads the healthcare wearables segment, having participated in three major funding rounds in 2024 alone, including digital therapeutics and remote patient monitoring solutions.
General Catalyst maintains an active presence with investments spanning from seed to Series C rounds, focusing particularly on enterprise wearables and workplace safety applications. Tiger Global Management has committed over $150 million to wearable tech companies, emphasizing growth-stage investments in companies with proven market traction.
Founders Fund continues its hardware-focused strategy, backing innovative wearable startups that address specific industry pain points, while GV (Google Ventures) leverages its parent company's ecosystem advantages to support AI-powered wearable solutions.
What specific funding rounds occurred in wearable tech during 2024 and early 2025?
The wearable tech sector witnessed significant funding activity with over 32 major rounds completed in 2024, totaling approximately $815 million in disclosed funding.
Element Science raised $146 million in Series C funding for its patch-based wearable cardioverter defibrillator technology, demonstrating strong investor confidence in medical wearables. Preventice Solutions secured $137 million in Series B financing for cardiac arrhythmia monitoring patches, highlighting the healthcare sector's dominance.
ProGlove completed a substantial growth round for its industrial wearables platform, while KINEXON raised $130 million led by Thomas H. Lee Partners for real-time sports analytics wearables. Sibel Health secured $33 million for vulnerable health monitoring applications, and GOQii raised $50 million in Series C for its fitness coaching platform.
In early 2025, the momentum continues with several undisclosed rounds in the $20-75 million range, primarily focused on AI-enhanced wearables and enterprise applications. The average deal size has increased 25% compared to 2023, indicating growing investor confidence and larger capital requirements for scaling operations.

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Which breakthrough technologies are attracting the most investor attention?
AI-powered health monitoring represents the hottest investment category, with startups developing continuous glucose monitoring, mental health tracking, and predictive analytics receiving the largest funding rounds.
Non-invasive glucose monitoring technology has attracted over $200 million in funding across multiple startups, as investors recognize the massive market potential for diabetic management solutions. Advanced sensor fusion technologies combining multiple biometric measurements are drawing significant interest from both VCs and corporate investors.
Enterprise wearables focusing on workplace safety and productivity monitoring have emerged as a high-growth segment, with companies like ProGlove leading the charge in industrial applications. Smart textiles and embedded sensors in clothing represent an emerging category attracting early-stage funding, particularly for sports performance and medical applications.
AR/VR wearables continue to attract substantial investment, especially those targeting enterprise training, remote collaboration, and specialized industrial use cases rather than consumer entertainment applications.
How are tech giants like Apple, Google, and Samsung investing in wearables?
Google Ventures deployed $2.5 billion across 120 deals in 2024, with 40% focused on AI and healthcare applications, including several wearable technology investments.
Microsoft's M12 invested $275 million across 50 deals, marking a 25% increase from 2023, with particular emphasis on enterprise wearables and AI-driven health solutions. Intel Capital committed $500 million to 30 deals targeting AI, semiconductors, and quantum computing applications that support advanced wearable technologies.
Samsung maintains an active corporate venture program focusing on ecosystem integration, having made strategic investments in smart ring technology and advanced sensor development. Apple's approach remains primarily acquisitive rather than venture-focused, with strategic acquisitions of specific technologies rather than minority investments.
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Meta has restructured its AR glasses projects under a dedicated wearables division, signaling increased strategic commitment to hardware innovation beyond VR headsets.
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DOWNLOADWhich geographic regions lead wearable startup funding activity?
Silicon Valley maintains its dominance, capturing over 50% of all US venture funding in 2024, with the Bay Area hosting the majority of major wearable tech companies and their investors.
Tel Aviv ranks fourth globally in tech ecosystem rankings, with particularly strong performance in wearable sensors and cybersecurity applications for wearables. The city led all top ecosystems except Silicon Valley in large exits over $50 million during the second half of 2023.
London's Tech City continues attracting significant investment, particularly in healthcare wearables and fintech applications, while Berlin has emerged as a strong hub for enterprise wearable solutions and industrial IoT applications.
Singapore entered the top 10 global startup ecosystems for the first time in 2024, moving up 10 spots, with particular strength in Southeast Asian market-focused wearable companies. China's Shenzhen-Hong Kong-Guangzhou region remains a manufacturing and hardware development hub, though funding has shifted more toward domestic investors.
What funding stages and deal sizes are most common for wearable startups?
Series A and Series B rounds dominate wearable tech funding, with typical deal sizes ranging from $15 million to $50 million for companies with proven product-market fit.
Funding Stage | Typical Range | Equity % | Key Requirements |
---|---|---|---|
Seed | $2M - $8M | 15-25% | Working prototype, initial market validation |
Series A | $10M - $25M | 20-30% | Revenue traction, regulatory approvals (if applicable) |
Series B | $25M - $75M | 15-25% | Proven business model, scaling operations |
Series C+ | $50M - $200M | 10-20% | Market leadership, international expansion |
Growth/Late | $100M+ | 5-15% | IPO readiness, acquisition preparation |

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What funding terms and structures are typical in wearable tech investments?
Convertible notes and SAFEs dominate early-stage wearable tech funding, with 70% of seed rounds using these instruments to provide flexibility for both founders and investors.
Series A rounds typically involve preferred equity with 1x non-participating liquidation preferences and standard anti-dilution provisions. Healthcare-focused wearable companies often negotiate longer runway requirements due to regulatory approval timelines, with investors providing 18-24 months of funding versus the typical 12-18 months for consumer products.
Revenue-based financing has emerged as an alternative structure for profitable wearable companies, particularly those with subscription models or recurring hardware sales. Corporate strategic investors often negotiate product integration rights or distribution partnerships as part of their investment terms.
Down rounds have become more common in 2024, with several over-valued 2021 companies raising at lower valuations, though strong performers continue commanding premium valuations with competitive terms.
How are wearables intersecting with healthcare, fitness, and other industries?
Healthcare applications represent the largest funding category, with digital therapeutics and remote patient monitoring attracting over $300 million in 2024 investments alone.
Workplace safety wearables have emerged as a high-growth segment, with industrial companies investing heavily in solutions that monitor worker health, detect hazardous conditions, and prevent injuries. The enterprise market offers higher margins and more predictable revenue streams compared to consumer applications.
Mental health monitoring represents a rapidly growing intersection, with startups developing wearables that track stress, sleep quality, and emotional well-being attracting significant investor interest. Fashion-tech collaborations are increasing, with luxury brands partnering with technology companies to develop sophisticated smart jewelry and clothing.
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Sports performance analytics continues attracting investment, particularly solutions targeting professional teams and serious athletes willing to pay premium prices for detailed performance insights.
Which accelerators and incubators have strong wearable tech track records?
HAX leads hardware-focused acceleration with over 300 startups annually across its programs, providing specialized support for wearable hardware development and manufacturing partnerships.
Y Combinator has funded numerous successful wearable companies including those focused on health monitoring and enterprise applications, with their network providing valuable customer introductions and follow-on funding connections. Techstars operates 47 mentorship-driven accelerators globally, with several specifically targeting healthcare and IoT applications.
SOSV runs both HAX for hard tech and IndieBio for health applications, investing $150K to $500K and taking approximately 11% equity while providing access to manufacturing expertise in Shenzhen. Berkeley SkyDeck hosts over 300 startups yearly with strong university connections and access to research resources.
Corporate accelerators like Samsung NEXT and Qualcomm Ventures provide specialized support for startups developing technologies compatible with their hardware platforms, offering both funding and technical integration assistance.
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What was the total global investment in wearable startups for 2024 and early 2025?
Global investment in wearable technology companies reached approximately $1.2 billion in disclosed funding during 2024, representing a 15% increase from 2023 levels.
Over 14,500 investors participated in more than 27,000 funding rounds throughout 2024, with an average investment per round of $25.7 million. Major investors including General Atlantic, SoftBank Vision Fund, and Tiger Global Management collectively injected over $8 billion into wearable technology companies.
The first quarter of 2025 has already seen $400 million in disclosed funding across major rounds, suggesting the year could exceed 2024 totals. Healthcare wearables captured 45% of total funding, followed by enterprise applications at 25% and consumer fitness at 20%.
Undisclosed rounds likely represent an additional 30-40% of total investment activity, meaning actual investment levels significantly exceed publicly reported figures. The ecosystem now comprises over 3,900 active startups contributing to ongoing innovation and market expansion.
Which wearable companies are securing follow-on investments and repeat backing?
Oura stands out as the most successful repeat funding story, growing from a cult health device company to a $5 billion valuation through multiple funding rounds and strategic partnerships.
Companies demonstrating strong recurring revenue models and proven customer retention rates are most likely to secure follow-on investments. Healthcare-focused wearable companies with regulatory approvals and clinical validation data command the highest investor confidence for subsequent rounds.
Element Science and Preventice Solutions both raised large follow-on rounds based on strong clinical outcomes and healthcare system adoption. Enterprise wearable companies with long-term customer contracts and proven ROI metrics consistently attract repeat investors.
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The repeat investment rate for wearable startups that achieve Series A funding exceeds 75%, indicating strong investor confidence in the sector's long-term prospects and the ability of successful companies to continue scaling.
What are the funding forecasts and emerging investment trends for 2026?
Investment analysts project 25-30% growth in wearable tech funding for 2026, driven by AI integration, advanced sensor technologies, and expanding healthcare applications.
AI-powered predictive health analytics represents the fastest-growing investment category, with several stealth-mode companies already securing significant pre-announcement funding. Sustainability-focused wearables addressing environmental monitoring and energy efficiency are emerging as a new investment theme.
Enterprise wearables targeting specific industries like construction, manufacturing, and logistics are expected to attract increasing corporate venture capital as companies seek competitive advantages through worker optimization. Cross-industry applications combining wearables with autonomous vehicles, smart cities, and IoT infrastructure represent emerging investment opportunities.
Regulatory approval pathways for medical wearables are becoming more streamlined, potentially accelerating time-to-market and reducing investment risk for healthcare-focused companies. The convergence of wearables with other emerging technologies like 5G, edge computing, and blockchain is creating new categories of fundable opportunities.
Conclusion
The wearable technology funding landscape offers substantial opportunities for both entrepreneurs and investors, with over $8 billion in annual investment flowing to innovative companies across healthcare, enterprise, and consumer applications.
Success in this market requires understanding the specific focus areas of different investor types, from healthcare-specialized VCs to corporate strategic investors seeking ecosystem integration, while timing funding rounds to align with product development milestones and market validation achievements.
Sources
- Failory - Top 37 Wearables Startups in 2024
- Mercom Capital Group - Digital Health Wearable Funding Report
- Crunchbase - Global Startup Funding Analysis 2024
- Yahoo Finance - Wearable Technology Market Report 2025
- VC Investor List - Top Corporate VC Investors 2024
- Startup Savant - Top Venture Capital Firms 2025
- Verdict - Biggest Wearable Technology Funding Deals
- Wareable - 2024 Wearable Tech Review
- Times of Israel - Tel Aviv Global Tech Rankings
- IDC - Wearable Devices Market Insights
- Startup Savant - Best Startup Accelerators 2025
- Techstars - Leading Pre-Seed Venture Capital
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