Kinetic develops wearable devices to reduce musculoskeletal (MSK) injuries of industrial workers. The company delivers products to measure the risk of injury of a worker based on lifting posture and activity and provides feedback to the worker and offers information to the safety manager to reduce that risk. Kinetic was formerly known as One Million Metric. It was founded in 2014 and is based in New York, New York.
ESPs containing Kinetic
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The industrial exosuits market refers to the development and production of wearable devices that enhance human strength and endurance in industrial settings. These exosuits are designed to reduce the risk of injury and increase productivity for workers performing physically demanding tasks. The solutions offered by this market include full-body suits, arm and leg supports, and back braces that pro…
Research containing Kinetic
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Kinetic in 1 CB Insights research brief, most recently on Aug 10, 2021.
Expert Collections containing Kinetic
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Kinetic is included in 7 Expert Collections, including Construction Tech.
Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Smart Home & Consumer Electronics
This Collection includes companies developing smart home devices, wearables, home electronics, and other consumer electronics.
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
120+ underwriting data companies addressing 9 technology priorities, from computer vision to auto telematics, that P&C insurance companies face.
Store tech (In-store retail tech)
Kinetic has filed 8 patents.
Protective gear, Safety clothing, Horse protective equipment, Special forces, Ice hockey equipment
Protective gear, Safety clothing, Horse protective equipment, Special forces, Ice hockey equipment
Latest Kinetic News
Jun 14, 2023
06/07 06/14/2023 | 08:01am EDT Message : *Required fields Customers Participating in PSE&G's Energy Efficiency Programs to Save Over 1.4 Million Megawatt Hours of Electricity Per Year – Enough to Power Over 200,000 Homes for One Year NEWARK, N.J., June 14, 2023 /PRNewswire/ -- In its first 30 months since implementation close to 1.7 million customers have received services from PSE&G's award winning energy efficiency programs, including approximately 300,000 customers who took action to save energy through these programs. Through their participation in these programs, customers are expected to save approximately $300 million1 on their utility bills annually. These savings are the result of many program activities, including recycling over 16,000 appliances, delivering over 11 million high-efficiency LED lightbulbs and completing over 53,000 home energy audits from the program's implementation through March 2023. PSE&G's programs also are expected to lead to a savings of over 1.4 million megawatt hours of electricity per year, which is enough to power over 200,000 New Jersey homes for a year2. Participating natural gas customers are expected to save a total of approximately 35 million therms of natural gas per year. The combined Electric and Gas energy savings from PSE&G's programs are expected to avoid approximately 1 million metric tons of carbon dioxide emissions3 per year or roughly the amount emitted by 220,000 gasoline-powered cars on the road over a one-year period4. "Helping customers become more energy efficient is key to our state's clean energy future and PSEG's vision to power a future where people use less energy and that energy is cleaner, safer and delivered more reliably than ever," said Karen Reif, vice president of PSE&G Renewables and Energy Solutions. Reif continues, "Energy Efficiency is one of New Jersey's most cost effective tools in reducing energy use and fighting climate change and we are proud of our continued role in providing programs, resources and strategies to help NJ and our customers achieve this goal." As part of the PSE&G Clean Energy Future Energy Efficiency program that the New Jersey Board of Public Utilities approved in September 2020, PSE&G launched ten programs in 2021 specifically designed to provide residential and commercial customers with various options to reduce their energy consumption and save money while lowering their carbon footprint. PSE&G's programs allow residential customers to receive discounts on high efficiency products and energy efficient equipment and services, including free home energy assessments. For business customers, PSE&G provides solutions that include whole-building energy efficiency retrofits. From July 2021 to March 2023, PSE&G helped its customers: Recycle over 16,000 appliances; Receive over 400,000 efficiency kits through food banks for underserved customers; and Acquire over 11 million high efficiency LED lightbulbs. Since 2021, PSE&G's energy efficiency programs (including the Clean Energy Jobs Program) have won over 25 awards in a variety of categories, including program design, program marketing and best practices. In March 2023, for the second consecutive year, PSE&G received the ENERGY STAR Partner of the Year Award in the Energy Efficiency Program Delivery category from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. The Partner of the Year Award in Energy Efficiency Program Delivery is bestowed on organizations for sponsoring energy efficiency programs that improve the efficiency of products, homes, and buildings within their community or territory. Recently, the New Jersey Board of Public Utilities (BPU) approved a $280 million extension of the PSE&G Clean Energy Future-Energy Efficiency program. The nine-month extension puts PSE&G's program on the same regulatory schedule as other New Jersey utilities' energy efficiency programs and will enable PSE&G to continue to provide all of its customers with options to reduce their energy consumption and lower their utility bills. PSE&G's energy efficiency programs have also spurred economic growth with an emphasis on equity. The Clean Energy Jobs Program sponsored by PSE&G supports the ambitious targets set by the Clean Energy Act by developing a qualified workforce and providing jobs that will be critical to achieving New Jersey's clean energy future. Since its implementation PSE&G's Clean Energy Jobs Program has already supported the hiring of more than 2,200 New Jersey residents to entry, mid and senior-level positions and advancing professional skills to work in New Jersey's clean energy industry. Read more about this program at: pseg.com/cleanenergyjobs . For more information on PSE&G's energy efficiency programs including how to sign up, visit homeenergy.pseg.com for residential customers or bizsave.pseg.com for business customers. Energy efficiency can help lower your energy use in the future; if you or someone you know is struggling to pay or manage a utility bill right now, PSE&G has many resources available: visit our Help Now website pseg.com/help . PSE&G Public Service Electric & Gas Co. is New Jersey's oldest and largest gas and electric delivery public utility, as well as one of the nation's largest utilities. PSE&G is the 2022 Edison Award recipient from the Edison Electric Institute. PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 21 consecutive years. For the second consecutive year, PSE&G is the recipient of the ENERGY STAR Partner of the Year award in the Energy Efficiency Program Delivery category. In addition, J.D. Power named PSE&G number one in customer satisfaction for both Residential Electric and Natural Gas Service in the East among Large Utilities. PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company focused on a clean energy future and has been named to the Dow Jones Sustainability Index for North America for 15 consecutive years ( www.pseg.com ). Visit PSEG at:
Kinetic Frequently Asked Questions (FAQ)
When was Kinetic founded?
Kinetic was founded in 2014.
Where is Kinetic's headquarters?
Kinetic's headquarters is located at 450 West 33rd Street, New York.
What is Kinetic's latest funding round?
Kinetic's latest funding round is Debt.
How much did Kinetic raise?
Kinetic raised a total of $17.73M.
Who are the investors of Kinetic?
Investors of Kinetic include Nationwide Ventures, Crosslink Capital, Ubiquity Ventures, Primary Ventures, Prologis Ventures and 11 more.
Who are Kinetic's competitors?
Competitors of Kinetic include StrongArm Technologies and 3 more.
Compare Kinetic to Competitors
StrongArm Technologies develops safety science platform technology intended to manage industrial safety, productivity, and performance. The platform captures, analyzes, and delivers insights by using wearable sensors and artificial intelligence (AI) to mitigate the risk of injury. It was founded in 2011 and is based in Brooklyn, New York.
GuardHat provides safety system products for workers. It offers Guardhat Communicator, a smart hardhat that provides sensor-based contextual awareness of the surroundings and Guardhat Scout, a wearable device that provides location tracking and workers’ safety features such as save our ship (SOS), proximity detection, audio-visual communication, and more. It was founded in 2014 and is based in San Jose, California.
DorsaVi is a biotechnology company focused on developing motion analysis device technologies. dorsaVi's products are used by elite athletes and sporting teams, corporate OH&S and health care professionals managing back pain and sports injuries.
Soter Analytics develops a device designed to help solve specific productivity and safety challenges. Examples include reducing muscle injuries, predicting fatigue, and optimizing factory design. Soter Analytics was founded in 2015 and is based in London, England.
GoX Labs provides workforce injury risk predictive analytics and risk management tools on its dashboard. It uses IoT (Internet of Things) wearables that train workers for wellness and safety with instant haptic feedback. The company was founded in 2014 and is based in Phoenix, Arizona.
MakuSafe is an insurtech software as a service (SaaS) data company. It provides workforce wearables for hazard management and business intelligence. The company's wearable devices track employee behavior to eliminate unnecessary risks and provides insight into productivity. It was founded in 2016 and is based in West Des Moines, Iowa.