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Founded Year

2011

Stage

Acquired | Acquired

Total Raised

$63.85M

Valuation

$0000 

About Misfit Wearables

Misfit Wearables provides an online platform offering consumer goods. It offers wristwatches, digital watches, and accessories. The company was formerly known as Aetherware. It was founded in 2011 and is based in Burlingame, California. In November 2015, Misfit was acquired by Fossil.

Headquarters Location

839 Mitten Road Suite 100

Burlingame, California, 94010,

United States

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Expert Collections containing Misfit Wearables

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Misfit Wearables is included in 2 Expert Collections, including Smart Home & Consumer Electronics.

S

Smart Home & Consumer Electronics

1,234 items

This Collection includes companies developing smart home devices, wearables, home electronics, and other consumer electronics.

D

Digital Health

10,563 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

Misfit Wearables Patents

Misfit Wearables has filed 22 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/16/2016

11/17/2020

Fluid dynamics, Footwear, Shoes, Undergarments, Force

Grant

Application Date

6/16/2016

Grant Date

11/17/2020

Title

Related Topics

Fluid dynamics, Footwear, Shoes, Undergarments, Force

Status

Grant

Latest Misfit Wearables News

Fossil’s Misfit move: Ending support and creating e-waste?

May 11, 2023

Fossil has discontinued support for Misfit watches, including essential functions such as time setting. If you are using one of the those watches and have the Misfit app installed, make sure not to delete it. Even if you are able to download the software from a mirror website, you will not be able to log in. The news that Fossil no longer provides support for Misfit smartwatches and hybrid watches comes as a source of frustration for customers still using these devices. Users have turned to social media platforms in order to vent their frustration with the decision and look for alternative solutions to the problem. Fossil acquired Misfit about 8 years ago. It purchased the business in order to gain access to its workforce and intellectual property. Following the acquisition, Fossil made the decision to stop producing products under the Misfit brand. This has resulted in the current predicament with the smartphone software. Misfit watches were popular for their simple design and ease of use. They allow users to avoid the complications associated with Wear OS. The last Misfit watch released was back in August 2019, the Misfit Vapor X . Misfit smartphone app support discontinued Due to the fact that support has been discontinued, the Misfit app has been taken down from the app store. You are fine if you still have the software installed on your smartphone. However, if you are switching phones you will not be able to set the app up. It means that they you will not be able to perform even vital operations like setting the time, rendering your timepiece worthless and causing technological trash. A workaround, of course, would be to transfer all your software and data from your old phone to your new one. According to Fossil, goods are taken off the market for a variety of reasons. This includes changing customer preferences, advancements in technology, and when the product has reached its full maturity. On the other hand, many users say that these reasons do not apply to hybrid watches. After all, they are designed to blend ancient technology with the capabilities of modern watches as evidenced by their traditional watch-hands. A discount on new purchase – but is this enough? In response to users’ complaints, Fossil has provided a discount of thirty percent on new watches. But doesn’t this go far enough? Some users have pointed out that this discount is actually only five percent. That’s considering the discount of twenty-five percent that you’d get if you sign up to Fossil’s email distribution list. Even though people are finding this scenario to be extremely aggravating, from a business point of view, it is not completely unexpected. Maintaining an app is costly, and with a dead brand, there are no workers to continue producing necessary upgrades and adjustments to comply with app store standards. In spite of this reasoning, many people who use Misfit watches feel cheated by Fossil’s decision to stop supporting the brand. It has left some of them with timepieces that they cannot use and no acceptable alternatives.

Misfit Wearables Frequently Asked Questions (FAQ)

  • When was Misfit Wearables founded?

    Misfit Wearables was founded in 2011.

  • Where is Misfit Wearables's headquarters?

    Misfit Wearables's headquarters is located at 839 Mitten Road, Burlingame.

  • What is Misfit Wearables's latest funding round?

    Misfit Wearables's latest funding round is Acquired.

  • How much did Misfit Wearables raise?

    Misfit Wearables raised a total of $63.85M.

  • Who are the investors of Misfit Wearables?

    Investors of Misfit Wearables include Fossil, Founders Fund, Khosla Ventures, Norwest Venture Partners, Horizons Ventures and 12 more.

  • Who are Misfit Wearables's competitors?

    Competitors of Misfit Wearables include Ginger, Fitbit, MyFitnessPal, Valencell, Sano and 8 more.

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Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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