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Founded Year

2016

Stage

Series C | Alive

Total Raised

$126.12M

Last Raised

$23.5M | 2 yrs ago

Revenue

$0000 

About RealWear

RealWear designs and manufactures a voice-powered, hands-free, and fully rugged head-mounted tablet solution. It provides solutions like digital workflow, document navigator, visual assist, and more. The company offers real wear cloud and real wear service packs. The company serves manufacturing, healthcare, field services, pharma, and more. It was formerly known as WearNext. RealWear was founded in 2016 and is based in Vancouver, Washington.

Headquarters Location

600 Hatheway Road Suite 105

Vancouver, Washington, 98661,

United States

833-438-4681

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RealWear's Product Videos

ESPs containing RealWear

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Enterprise Applications

The workforce tracking sensors market provides advanced solutions for monitoring and optimizing workforce efficiency and safety. Workforce tracking sensors refer to sensors and devices that collect real-time data on employee activity and movement in the workplace. These solutions can help organizations identify bottlenecks, streamline processes, and improve overall operational efficiency. Addition…

RealWear named as Leader among 4 other companies, including MotionMiners, GuardHat, and Triax.

RealWear's Products & Differentiators

    RealWear Navigator 500

    RealWear Navigatorᵀᴹ 500 is the next generation ruggedized assisted reality solution designed to engage, empower and elevate the modern frontline worker. Connect and collaborate with remote experts, follow digital workflows, visualize IoT data and much more. Safely reduce downtime, improve quality and employee productivity, while realizing significant ROI.

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Research containing RealWear

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned RealWear in 2 CB Insights research briefs, most recently on Mar 16, 2022.

Expert Collections containing RealWear

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

RealWear is included in 6 Expert Collections, including AR/VR.

A

AR/VR

1,422 items

This collection includes companies creating hardware and/or software for augmented reality, virtual reality, and mixed reality applications.

C

Construction Tech

953 items

Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more

A

Artificial Intelligence

10,932 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

A

Advanced Manufacturing

4,358 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

S

Store tech (In-store retail tech)

387 items

J

Job Site Tech

531 items

Companies in the job site tech space, including technologies to improve industries such as construction, mining, process engineering, forestry, and fieldwork

RealWear Patents

RealWear has filed 36 patents.

The 3 most popular patent topics include:

  • Mixed reality
  • Augmented reality
  • GPS navigation devices
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/23/2020

9/19/2023

Digital photography, Image processing, Photography equipment, Photographic techniques, GPS navigation devices

Grant

Application Date

6/23/2020

Grant Date

9/19/2023

Title

Related Topics

Digital photography, Image processing, Photography equipment, Photographic techniques, GPS navigation devices

Status

Grant

Latest RealWear News

RealWear Hands-Free Wearable Solutions on the Rise in the Bakery Industry

Sep 29, 2023

RealWear Hands-Free Wearable Solutions on the Rise in the Bakery Industry RealWear Hands-Free Wearable Solutions on the Rise in the Bakery Industry Dallas, Texas — RealWear, the pioneer of hands-free wearable computers for frontline professionals, has caught the eye of Bakery Equipment Manufacturers and Allieds (BEMA), the international trade association representing leading bakery and food equipment manufacturers and suppliers. The group is hosting several sessions focused on RealWear next week at NEXUS, a new baking industry conference organized by BEMA and the American Bakers Association (ABA). “Based on the response so far, RealWear appears to be a rising star in the baking equipment and food manufacturing industry,” said Kerwin Brown, BEMA’s president. “As we continue to share RealWear success stories through these larger forums and deep dives, it will help keep our members competitive.” BEMA previously held a panel (pending video) about the use cases of the RealWear hands-free solution at its annual BEMA Convention this June, where operations and safety leaders at Shick Esteve, US Bakery, General Mills, and Intralox discussed the benefits of RealWear in maintenance, troubleshooting, and training. Intralox demonstrated how RealWear can be used for troubleshooting while Shick Esteve shared a video of live controls factory acceptance test (FAT) to save travel time and inspect equipment or control panels, using the thermal camera module to check for hot spots. “We actually used this a couple weeks ago,” said Justus Larson, Senior Director of Operations, US Bakery. “At one of our bakeries we thought we had a problem with the lamination process. I couldn’t get my corporate production manager out there fast enough. With RealWear, it took them fifteen minutes and saved ourselves three days of travel, a lot of money in hotels and airfare, and a better life for the employee.” “I wasn’t expecting it to be used for training but due to the ease of use it made sense for that use case, too,” Larson continued. “In partnership with BEMA we’re revolutionizing how work gets done in baking manufacturing facilities,” said Dr. Chris Parkinson, cofounder and CEO of RealWear. “Our technology is purpose-built to provide real-time access to critical information, allowing workers to stay informed and connected while navigating high-temperature environments, managing chemical risks, and ensuring proper equipment operation. From minimizing flour dust hazards to factory acceptance testing and ongoing maintenance and repair, RealWear is pleased to partner with all BEMA members to modernize current practices and procedures.” The RealWear topic will be covered on Tuesday, September 26th and Wednesday, September 27th during the educational sessions at NEXUS, including a live stream from General Mills via the RealWear headset. About RealWear RealWear, a global leader in hands-free, wearable computing solutions for frontline workers, was founded in 2016 and is headquartered in Vancouver, Washington, USA. With a vision of creating a world where every frontline worker is equipped to perform at their best, work safely, and take pride in the quality of their work, RealWear is on a mission to empower more than 2 billion frontline workers with the best technology solutions and support. RealWear’s rugged, voice-operated solutions have earned global recognition for revolutionizing the way frontline workers perform all tasks in challenging environments, while returning positive impact to the company and our environment. RealWear’s commitment to innovation and safety has earned it more than 22 prestigious innovation awards, including Best Head-worn device (Augmented World Expo) and Best Solution for Manufacturing and Automotive (XR Today). RealWear’s story has been featured in Wall Street Journal, CNBC, Digital Trends, TechCrunch and hundreds of other media outlets. About BEMA Founded in 1918, BEMA (Bakery Equipment Manufacturers and Allieds), is an international, not-for-profit trade association representing leading bakery and food suppliers. BEMA creates authentic connections that improve its members’ businesses and the industries they serve. Its members utilize the value they gain through BEMA networking and educational events to provide their customers with the most effective, innovative solutions in the baking industry.

RealWear Frequently Asked Questions (FAQ)

  • When was RealWear founded?

    RealWear was founded in 2016.

  • Where is RealWear's headquarters?

    RealWear's headquarters is located at 600 Hatheway Road , Vancouver.

  • What is RealWear's latest funding round?

    RealWear's latest funding round is Series C.

  • How much did RealWear raise?

    RealWear raised a total of $126.12M.

  • Who are the investors of RealWear?

    Investors of RealWear include Columbia Ventures, Kopin, Qualcomm Ventures, Foundry, Teradyne and 7 more.

  • Who are RealWear's competitors?

    Competitors of RealWear include Fairy Devices, Augmentir, Rokid, Magic Leap, LLVISION and 11 more.

  • What products does RealWear offer?

    RealWear's products include RealWear Navigator 500 and 1 more.

  • Who are RealWear's customers?

    Customers of RealWear include Shell, ExxonMobil, Ford Motor Company and Colgate Palmolive.

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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.
See how. Join a demo.
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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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Atheer provides Augmented interactive Reality (AiR), combining the power of 3D augmented reality with gesture-based computing interaction to unlock human productivity. Atheer's AiR SmartGlasses are the industry's only mobile, gesture-controlled see-through smart glasses that allow users to view critical workflow information overlaid onto the real world, making it possible for users to interact with data in a natural way and collaborate with their peers. Using the Atheer AiR Platform, independent developers and companies around the world are now creating productivity applications for use across the enterprise.

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Rokid

Rokid specializes in the research and product development of mixed reality and artificial intelligence solutions. The company's products include an explosion-proof augmented reality (AR) headband equipped with a 5G module, AR glasses, and a smart home device. The company was founded in 2014 and is based in Redwood City, California.

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Developer of portable virtual reality (VR) headsets. The company is developing hands-free virtual and augmented reality (AR) based software solutions that aim to target enterprises. The objective is to provide computer vision products, that can solve support solving tasks within the fields of supply chain logistics, repair, maintenance, and drug development.

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