Withings
- hard tech
- biotechnology
- horizon europe
- human resources
- consumer electronics
- observatoire deeptech
- wearable
- training
- tech for patients
- direct-to-consumer
- biotech, medtech and e-health
- digital care
- fitness
- insurtech related
- remote monitoring
- smart home
- sports activity and performance
- participations bpifrance
- sleeping
- sport equipment
- french tech 2030
- preventive care
Financials
Estimates*
EUR | 2015 | 2016 | 2017 |
---|---|---|---|
Revenues | 64.7m | 62.8m | 48.6m |
% growth | - | (3 %) | (23 %) |
EBITDA | (6.2m) | (23.9m) | (62.8m) |
% EBITDA margin | (10 %) | (38 %) | (129 %) |
Profit | (5.0m) | (22.5m) | (57.1m) |
% profit margin | (8 %) | (36 %) | (117 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€3.0m | Series A | ||
$30.0m | Series B | ||
€390k | Grant | ||
€170m Valuation: €170m 2.6x EV/LTM Revenues -27.4x EV/LTM EBITDA | Acquisition | ||
* | N/A | Acquisition | |
€53.0m | Series B | ||
Total Funding | CAD125m |
Related Content
Recent News about Withings
EditWithings.com is a digital health technology company that operates in the consumer electronics and healthcare markets. The company specializes in designing and manufacturing smart health devices such as the ScanWatch, which tracks various health metrics including steps, sleep patterns, heart rate, and oxygen saturation. These devices are targeted towards health-conscious individuals, athletes, and health content creators who are interested in monitoring and improving their health and fitness levels.
The business model of Withings.com is primarily based on direct-to-consumer sales through its website. Customers can purchase the company's products and pay later or in several interest-free installments, making the purchasing process flexible and convenient. The company also offers a 30-day return policy, ensuring customer satisfaction.
In addition to selling physical products, Withings.com also generates revenue through its mobile application. The app syncs with the company's devices, allowing users to track long-term health trends and progress. This data-driven approach not only provides users with valuable insights into their health but also creates a strong user engagement that can lead to repeat purchases and customer loyalty.
Withings.com prides itself on its award-winning customer service, which is available on multiple platforms. The company has built a strong community of over 1 million users worldwide, who share their health journeys and inspire each other to improve their health.
Keywords: Digital Health Technology, Consumer Electronics, Healthcare, Smart Health Devices, Direct-to-Consumer Sales, Flexible Payment Options, Mobile Application, Data-Driven, Customer Service, Global User Community.