
Posture360
Improving posture and preventing pain.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | $1.0m | Seed | |
Total Funding | 000k |
Posture360 is a technology firm operating from Australia and South Korea that targets the significant global market for back pain and posture correction, a sector where an estimated 80% of adults experience related issues. The company was established in 2017 by William Choi, an entrepreneur with over a decade of experience in startup investment. Choi's background includes an investment in the posture-focused company BackJoy and serving as the founder of BackJoy Korea. This experience, coupled with being a back pain sufferer himself, led him to identify a market opportunity to integrate sensor technology with functional posture-correcting devices. A key milestone for the company was the acquisition of Namu Technologies, which brought in patented wearable technology and a team of engineers.
The core of Posture360's business is its smart wearable technology, which provides interventions for pain management. The flagship product is the PostureSense® Smart Shirt, a posture-correcting garment embedded with fabric AI sensors and a simple accelerometer. These sensors track and monitor physical activities, collecting behavioral data to detect signs of poor posture, such as rounded shoulders. When the wearer moves out of their calibrated 'safe zone', the system provides a notification, encouraging them to correct their alignment in real-time. This data is synchronized with a mobile app and stored on a cloud platform, allowing users to track their posture history and habits over time.
Posture360 employs a dual business model. The initial focus is on a direct-to-consumer retail strategy, seen as the most direct path to revenue. Concurrently, the company is pursuing a B2B strategy centered on a Software-as-a-Service (SaaS) platform. This B2B model targets various vertical markets including insurance, healthcare, and sports, where data on posture can be used for preventative measures and client monitoring. The company generates revenue through the sale of its smart garments and by charging SaaS platform users for access to advanced data features. Investors such as Samsung Ventures, C&V Partners, nTels Ventures, and Legendary Ventures have provided financial backing to the company.
Keywords: posture correction, smart wearable, back pain, SaaS, digital health, posture sensor, wearable technology, wellness technology, pain management, smart apparel, ergonomic products, real-time feedback, posture analytics, health monitoring, B2B wellness, corporate health, sports technology, posture training, slouch detection, health tech