WELT

The embedded sensors and algorithms in innovative belts accurately calculate the fall risk from abnormal gait patterns.

Launch date

Jul 2016

Employees

Market cap

Enterprise valuation

Company register number 8028800501

Seocho-gu South Korea (HQ)

http://www.weltcorp.com

https://twitter.com/weltcorp https://www.facebook.com/weltcorp https://www.linkedin.com/company/weltcorp https://play.google.com/store/apps/details?id=com.welt

Revenues, earnings & profits over time

USD	2021	2022	2023
Revenues	<1m	1.2m	1.4m
% growth	-	42 %	12 %

Date	Investors	Amount	Round
Jul 2016	Samsung Ventures	KRW500m	Seed
Jul 2016	Samsung Electronics	N/A	Spinout
Nov 2018	Hanwha Investment SmileGate Investment & 1 more	KRW2.4b	Series A
Mar 2021	HANDOK	KRW6.0b	Early VC
Jan 2022	IMM Investment Posco Capital	KRW14.0b	Series B
Jun 2024*	Korea Development Bank IMM Investment HANDOK Shinhan Venture Investment Envisioning Partners	KRW14.0b	Series C
Total Funding		€28.1m

Tech stackLearn more about the technologies and tools that this company uses.