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WELT corp logo — company profile

WELT corp

Founded 2016 Korea South Korea South 29 employees Series C Total: $21.90B Fashion, Hardware +3

General Information

Company Name WELT corp
Founded Year 2016
Location Korea South Korea South
Founders / Decision Makers
Team member Team member
Employees 29
Industries Fashion, Hardware, Health Care +2
Funding Stage Series C
Social

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About WELT corp

WELT corp is a Wellness Technology startup that develops personalized digital therapeutics and wearables. Spun off from Samsung Electronics in 2016, the company has experienced explosive growth, expanding into the United States and Japan and attracting over KRW14.00B in cumulative investments.

As a part of its core business, WELT is actively pursuing the development of Digital Therapeutics (DTx) and Digital Biomarkers. It aims to develop three or more DTx for mental health conditions over the next three years, with plans to obtain regulatory approval from the Korean Food and Drug Administration.

The company's last investment of KRW14.00B in a Series C round took place on 26 June 2024 and was led by Envisioning Partners, Handok, IMM Investment, Industrial Bank of Korea, and Shinhan Venture Investment.

With its exceptional team, WELT seeks to attract individuals who are passionate about revolutionizing healthcare.

Business keywords: Wellness Technology, Digital Therapeutics, Wearable Technology, Healthcare Innovation, Start-up Growth, Investment Attraction, Personalized Wellness, Health Tech, Fashion Tech, Sensor Technology, Fitness Tracking, Chronic Disease Management, Smart Fashion, Health Data Analysis, Metabolic Risk Prevention

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series C KRW14.00B 5
Envisioning Partners Handok IMM Investment
Envisioning Partners, Handok +3
26 Jun 2024
Series B KRW5.00B 1
IMM Investment
IMM Investment
19 Jan 2022
Series B Undisclosed 3
POSCO Venture Capital Smilegate Investment Handok
POSCO Venture Capital, Smilegate Investment +1
23 Mar 2021
Series A KRW2.40B 1
Hanwha Investment Corp
Hanwha Investment Corp
14 Nov 2018
Seed Round KRW500.00M -
11 Jul 2016

WELT corp Alternatives & Competitors

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FAQ About WELT corp

[Wellness Technology] 웰트는 개인화된 디지털 치료제와 웨어러블을 개발하는 스타트업입니다. 2016년 삼성전자에서 스핀오프한 이후로, 현재 미국, 일본에 진출하여 연간 4배 이상의 폭발적인 성장을 하고 있습니다. 또한 140억 이상의 누적 투자를 이끌어내며 성장하고 있습니다. 웰트는 주요 사업의 일환으로 Digital...
WELT corp was founded in 2016.
WELT corp is headquartered in Korea South.
WELT corp operates in Fashion, Hardware, Health Care, Sports and Lifestyle. Its work centres on Wellness Technology, Digital Therapeutics, Wearable Technology and Healthcare Innovation.
WELT corp has approximately 29 employees.
WELT corp has completed 5 funding rounds, raising a total of $21.90B. The latest funding stage is Series C.
Top alternatives and competitors to WELT corp include Oxstren Wearable Technologies Private Limited, Agartee Technology Inc., Ronfic, HEALBE Corporation, Valencell, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
WELT corp and Oxstren Wearable Technologies Private Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for WELT corp, https://bouncewatch.com/company/welt-corp, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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