SolePower

company

About

SolePower is open to industry partners in safety, IoT and defense to accelerate development.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$150K
Industries
Industrial Engineering,Military,Wearables
Founded date
Aug 1, 2012
Number Of Employee
1 - 10
Operating Status
Active

SolePower creates a connected work boot that helps industrial workers become safer and more efficient. Industrial worksites are dangerous and dynamic; the costs of small inefficiencies add up quickly, and big mistakes can result in serious incidents or loss of life. SmartBoots aim to lower incident rates, increase work site visibility, and establish metrics from which workflow and safety improvements can be made. At the core of the system is an Army-tested, patented kinetic charger which uses walking motion to sustainably charge sensors embedded inside the boot. (Pilot unit includes GPS, Ultra Wideband, RFID, IMU, Sub-GHz RF, thermocouple, Wifi, altimeter). SolePower's mission is to take the functionality of a variety of standalone wearables and combine them into a single, compact, self-charged platform. The team is partnered with SR Max (a leading safety footwear provider) and the US Army.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$299.01K
SolePower has raised a total of $299.01K in funding over 2 rounds. Their latest funding was raised on Aug 1, 2018 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 1, 2018 Seed $150K 1 Detail
Dec 2, 2015 Grant $149.01K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
1
2
SolePower is funded by 2 investors. National Science Foundation and Quake Capital Partners are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
Quake Capital Partners Seed