What are the most valued startups in the wearable technology market?

Last updated: 9 June 2026

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In our wearable technology market deck, you will find everything you need to understand the market

The wearable technology market has become one of the clearest examples of how hardware, health data, AI interfaces, and recurring software models can combine into very large startup outcomes.

This ranking is a constantly refreshed list of the top startups in the wearable technology market, ranked by valuation and updated every month.

From smart rings and performance trackers to AR glasses, biosensor patches, neurotechnology devices, and medical monitoring wearables, the category is no longer just about consumer gadgets.

And if you want to better understand this new industry, you can download our pitch covering the wearable technology market.

A quick summary table

Metric Value
Most valuable wearable technology startup Oura, estimated at $10.5B–$11.5B
Second most valuable wearable technology startup WHOOP, valued at $10.1B
Median wearable startup valuation Approximately $61M
Share of total wearable startup valuation captured by the top 10 Approximately 72%
Top wearable startup valuation vs. median Oura is about 180x the median startup valuation
Median valuation-to-capital-raised ratio in wearable technology Approximately 3.1x
Wearable technology startups valued at $1B+ 12 startups
Market map chart showing top companies and startups in the wearable technology market

This market map, featured in our wearable technology market deck, highlights top companies and startups in the wearable technology market

Top startups in the wearable technology market ranked by valuation

Here is an updated table that ranks the top startups in the wearable technology market based on their latest reported or estimated valuations.

If you want more detaild about their fundraising activity, you can check our list of the startups who have raised the most funding in the wearable technology market.

# Startup Name What They Do Current Valuation ($) Valuation Confidence Level Valuation Type Evidence Status Total Funding ($) Funding Confidence Level
1 Oura Smart health tracking rings $10.5B–$11.5B Strong Confidence IPO or Listing Range Valuation Estimated $1.2B Strong Confidence
2 WHOOP Performance subscription wearable tracker $10.1B Full Confidence Announced Private Round Valuation Observed $979M Strong Confidence
3 Magic Leap Enterprise augmented reality headsets $1.2B–$2.0B Low Confidence Proxy-Based Estimate Estimated $4.0B Partial Confidence
4 BrainCo Non-invasive BCI wearables $1.3B–$1.6B Partial Confidence IPO or Listing Range Valuation Estimated $292M Partial Confidence
5 XPANCEO Smart AR contact lenses $1.4B Full Confidence Announced Private Round Valuation Observed $290M Full Confidence
6 RayNeo Consumer AR smart glasses $1.0B–$1.8B Partial Confidence Implied Valuation from Raise Implied $143M Partial Confidence
7 Nothing Consumer electronics and wearables $1.2B–$1.4B Strong Confidence Announced Private Round Valuation Observed $450M Partial Confidence
8 boAt Audio wearables and smartwatches $1.0B–$1.4B Partial Confidence IPO or Listing Range Valuation Estimated $171M Partial Confidence
9 XREAL Consumer AR smart glasses $1.0B–$1.2B Strong Confidence Announced Private Round Valuation Observed $433M Partial Confidence
10 VITURE XR gaming glasses $700M–$1.3B Partial Confidence Implied Valuation from Raise Implied $222M Partial Confidence
11 OrCam Assistive AI vision wearables $800M–$1.1B Partial Confidence Comparables-Based Estimate Estimated $131M Strong Confidence
12 Biolinq Metabolic biosensor patch $650M–$1.1B Partial Confidence Implied Valuation from Raise Implied $273M Strong Confidence
13 Mojo Vision Micro-LED display platform $550M–$950M Partial Confidence Implied Valuation from Raise Implied $341M Partial Confidence
14 Wispr AI Voice-first AI interface $650M–$750M Strong Confidence Announced Private Round Valuation Observed $81M Partial Confidence
15 Willow Wearable breast pump systems $450M–$750M Partial Confidence Implied Valuation from Raise Implied $228M Partial Confidence
16 Rokid AR and AI smart glasses $450M–$650M Low Confidence Comparables-Based Estimate Estimated $575M Low Confidence
17 Biobeat Cuffless blood-pressure patch $330M–$625M Strong Confidence Implied Valuation from Raise Implied $50M Strong Confidence
18 Ultrahuman Smart rings and metabolic tracking $350M–$600M Partial Confidence Revenue or ARR Multiple Estimate Estimated $98M Partial Confidence
19 Cala Health Wearable tremor neuromodulation $350M–$550M Partial Confidence Implied Valuation from Raise Implied $245M Partial Confidence
20 Hilo Cuffless blood-pressure wearable $280M–$525M Partial Confidence Implied Valuation from Raise Implied $100M Strong Confidence
21 VitalConnect Wearable cardiac biosensor patch $250M–$450M Partial Confidence Implied Valuation from Raise Implied $241M Partial Confidence
22 DigiLens AR waveguide display optics $250M–$450M Partial Confidence Comparables-Based Estimate Estimated $135M Partial Confidence
23 Epicore Biosystems Sweat-sensing wearable biosensors $210M–$400M Strong Confidence Implied Valuation from Raise Implied $44M Strong Confidence
24 INMO AI AR smart glasses $270M–$290M Strong Confidence Announced Private Round Valuation Observed $70M Low Confidence
25 IXI Autofocus adaptive eyewear $180M–$300M Partial Confidence Implied Valuation from Raise Implied $37M Strong Confidence
26 Neurable BCI headphone platform $175M–$292M Strong Confidence Implied Valuation from Raise Implied $56M Partial Confidence
27 Swave Photonics Holographic AR display chips $160M–$280M Strong Confidence Implied Valuation from Raise Implied $46M Full Confidence
28 Xplora Kids smartwatches and services $190M–$215M Strong Confidence Public Market Cap Observed $25M Strong Confidence
29 Varjo Enterprise VR/XR headsets $150M–$250M Partial Confidence Revenue or ARR Multiple Estimate Estimated $149M Strong Confidence
30 Temple Cerebral blood-flow wearable $190M Full Confidence Announced Private Round Valuation Observed $54M Strong Confidence
31 Lumus AR waveguide optical displays $140M–$240M Partial Confidence Comparables-Based Estimate Estimated $57M Strong Confidence
32 Avegant AR display light engines $150M–$190M Strong Confidence Announced Private Round Valuation Observed $94M Partial Confidence
33 Orpyx Diabetic foot sensor insoles $130M–$200M Partial Confidence Implied Valuation from Raise Implied $39M Strong Confidence
34 Pimax High-end VR headsets $100M–$180M Partial Confidence Implied Valuation from Raise Implied $79M Strong Confidence
35 Dispelix AR waveguide displays $90M–$180M Partial Confidence Acquisition Value Estimated $50M Strong Confidence
36 Cardiosense AI cardiac wearable platform $90M–$160M Partial Confidence Comparables-Based Estimate Estimated $15M Strong Confidence
37 Sightful AR laptop workspace $90M–$150M Partial Confidence Proxy-Based Estimate Estimated $61M Full Confidence
38 Bellabeat Women’s wellness wearables $90M–$140M Partial Confidence Implied Valuation from Raise Implied $19M Full Confidence
39 NextSense EEG sleep earbuds $80M–$133M Strong Confidence Implied Valuation from Raise Implied $35M Partial Confidence
40 Playermaker Soccer performance foot sensors $80M–$120M Partial Confidence Revenue or ARR Multiple Estimate Estimated $50M Partial Confidence
41 Sky Labs Ring blood-pressure monitor $75M–$115M Partial Confidence Comparables-Based Estimate Estimated $40M Partial Confidence
42 Bragi Hearable software platform $70M–$110M Partial Confidence Revenue or ARR Multiple Estimate Estimated $22M Strong Confidence
43 Cellid AR waveguides and spatial engines $70M–$110M Partial Confidence Implied Valuation from Raise Implied $42M Partial Confidence
44 DPVR VR headsets for enterprise $60M–$110M Low Confidence Revenue or ARR Multiple Estimate Estimated $54M Low Confidence
45 Ozlo Sleep-focused smart earbuds $60M–$100M Partial Confidence Implied Valuation from Raise Implied $22M Full Confidence
46 PlayerData Team GPS performance analytics $60M–$100M Partial Confidence Implied Valuation from Raise Implied $14M Partial Confidence
47 Mobvoi Smartwatches and AI earbuds $74M Full Confidence Public Market Cap Observed $233M Strong Confidence
48 USound MEMS speakers for wearables $55M–$85M Partial Confidence Comparables-Based Estimate Estimated $74M Partial Confidence
49 Brilliant Labs AI-powered AR glasses $35M–$70M Partial Confidence Comparables-Based Estimate Estimated $6M Strong Confidence
50 NeoSensory Sensory substitution wearables $35M–$70M Partial Confidence Comparables-Based Estimate Estimated $16M Strong Confidence
51 Flow Neuroscience Depression stimulation headset $35M–$70M Partial Confidence Revenue or ARR Multiple Estimate Estimated $12M Strong Confidence
52 myFirst Kids connected wearables $40M–$65M Strong Confidence Implied Valuation from Raise Implied $8M Strong Confidence
53 Shot Scope Golf GPS shot tracking $45M–$75M Partial Confidence Revenue or ARR Multiple Estimate Estimated $21M Partial Confidence
54 MAD Gaze Consumer AR smart glasses $45M–$85M Partial Confidence Comparables-Based Estimate Estimated $32M Strong Confidence
55 RingConn Subscription-free smart rings $50M–$85M Low Confidence Proxy-Based Estimate Estimated Not provided Low Confidence
56 Solos AI smart glasses $20M–$50M Low Confidence Proxy-Based Estimate Estimated $0M Low Confidence
57 AngelSense Wearable GPS safety devices $25M–$50M Low Confidence Revenue or ARR Multiple Estimate Estimated $0M Low Confidence
58 Embr Labs Thermal comfort wrist wearable $25M–$55M Partial Confidence Revenue or ARR Multiple Estimate Estimated $11M Partial Confidence
59 Carv Digital ski coaching wearable $30M–$60M Partial Confidence Revenue or ARR Multiple Estimate Estimated $11M Partial Confidence
60 InteraXon Muse EEG headbands $30M–$60M Partial Confidence Revenue or ARR Multiple Estimate Estimated $39M Partial Confidence
61 Luna Ring AI health smart ring $30M–$60M Low Confidence Proxy-Based Estimate Estimated Not provided Low Confidence
62 Emteq Labs Emotion-sensing smart glasses $40M–$50M Strong Confidence Active Raise Valuation Observed $3M Low Confidence
63 TickTalk Tech Kids GPS smartwatches $40M–$75M Low Confidence Proxy-Based Estimate Estimated $0M Full Confidence
64 Cosmo Connected Connected urban safety gear $30M–$55M Partial Confidence Revenue or ARR Multiple Estimate Estimated $12M Partial Confidence
65 Strive Muscle-performance smart apparel $25M–$45M Partial Confidence Comparables-Based Estimate Estimated $9M Strong Confidence
66 Danu Sports Smart socks movement analytics $20M–$35M Partial Confidence Implied Valuation from Raise Implied $5M Partial Confidence
67 .lumen Blind-mobility smart glasses $23M–$39M Partial Confidence Implied Valuation from Raise Implied $5M Partial Confidence
68 Stryd Running power footpod $15M–$30M Partial Confidence Proxy-Based Estimate Estimated $1M Strong Confidence
69 Nix Biosensors Sweat hydration biosensor patch $15M–$30M Partial Confidence Revenue or ARR Multiple Estimate Estimated $7M Low Confidence
70 Clim8 Thermoregulating smart clothing $15M–$30M Partial Confidence Comparables-Based Estimate Estimated $4M Strong Confidence
71 CardiacSense Cardiac monitoring watch $18M–$25M Strong Confidence Announced Private Round Valuation Observed $25M Partial Confidence
72 Sensoria Smart sensor fitness clothing $12M–$25M Low Confidence Proxy-Based Estimate Estimated $6M Partial Confidence
73 OMI Open-source AI wearable $9M–$16M Partial Confidence Implied Valuation from Raise Implied $2M Full Confidence
74 NeoSapien AI-native wearable ecosystem $9M–$15M Partial Confidence Implied Valuation from Raise Implied $2M Strong Confidence
75 Timekettle Translation earbuds $20M–$40M Low Confidence Proxy-Based Estimate Estimated $1M Low Confidence
76 Spire Health Respiratory RPM sensors $20M–$50M Low Confidence Acquisition Value Estimated $48M Strong Confidence
77 NeuroSky EEG and ECG biosensors $20M–$50M Low Confidence Revenue or ARR Multiple Estimate Estimated $19M Partial Confidence
78 Pison Neural gesture wristband $25M–$45M Partial Confidence Implied Valuation from Raise Implied $18M Partial Confidence
79 Hexoskin Biometric smart health shirts $21M–$35M Partial Confidence Implied Valuation from Raise Implied $7M Strong Confidence
80 Shadow Creator AR/MR head-mounted displays $15M–$40M Low Confidence Acquisition Value Estimated $38M Partial Confidence
81 Mira Lightweight AR headsets $20M–$60M Low Confidence Acquisition Value Estimated $17M Partial Confidence
82 Soundbrenner Wearable musician metronomes $8M–$15M Low Confidence Revenue or ARR Multiple Estimate Estimated $2M Partial Confidence
83 Lynx Open mixed-reality headsets $10M–$25M Low Confidence Comparables-Based Estimate Estimated $6M Partial Confidence
84 Gabit Health smart ring platform $35M–$55M Strong Confidence Implied Valuation from Raise Implied $13M Strong Confidence
85 Halo Neuroscience Neurostimulation headset $5M–$15M Low Confidence Acquisition Value Estimated $22M Partial Confidence
86 Quell Wearable pain-relief device $9M Partial Confidence Acquisition Value Observed $0M Low Confidence
87 Sonic Lamb Immersive haptic headphones $4M–$7M Partial Confidence Implied Valuation from Raise Implied $1M Partial Confidence
88 Lucyd Smart audio eyewear $6M Full Confidence Public Market Cap Observed $13M Partial Confidence
89 MyKronoz Hybrid smartwatches $5M–$12M Low Confidence Proxy-Based Estimate Estimated Not provided Low Confidence
90 ThirdEye Enterprise AR smart glasses $5M–$15M Low Confidence Proxy-Based Estimate Estimated $0M Low Confidence
91 deWiz Golf swing wearable trainer $1M–$5M Low Confidence Proxy-Based Estimate Estimated $9M Partial Confidence
92 Circular Smart health rings $0M–$3M Low Confidence Proxy-Based Estimate Estimated Not provided Low Confidence
93 RunScribe Wearable gait analysis sensors $1M–$4M Low Confidence Proxy-Based Estimate Estimated $0M Low Confidence
94 NURVV Running biomechanics smart insoles $0M–$2M Strong Confidence Proxy-Based Estimate Estimated $9M Strong Confidence
95 LAFORGE Optical AR prescription smart glasses $0M–$2M Low Confidence Proxy-Based Estimate Estimated $2M Strong Confidence
Chart comparing the 2026 size of the wearable technology market with other markets of similar size

This chart, included in our wearable technology market deck, compares the 2026 size of the wearable technology market with other markets of similar size

Key valuation trends in the wearable technology market

Insights

  • Oura and WHOOP together represent about $21.1B in wearable technology valuation, which shows how strongly investors reward health data platforms with recurring consumer engagement.
  • The top 10 wearable technology startups capture roughly 72% of the total valuation in this list, so the market is highly concentrated around a few breakout platforms.
  • Oura is worth about 180 times the median company in this wearable startup ranking, which highlights the gap between mainstream health platforms and niche hardware startups.
  • Clinical-grade biosensing looks unusually capital efficient, with Biobeat and Epicore together reaching roughly $783M in combined midpoint valuation after raising only $94M.
  • AR and XR wearables remain investable but fragmented, with companies such as Swave, Dispelix, Lumus, IXI, and Pimax still sitting below the billion-dollar threshold.
  • Public wearable technology names remain much smaller than private category leaders, with Mobvoi and Xplora together valued far below Oura alone.
  • The strongest wearable technology opportunities now sit where devices create defensible data layers, especially health signals, neurointerfaces, clinical monitoring, and AI-driven user interfaces.
Chart showing why Whoop is leading in the wearable technology market

This chart, included in our wearable technology market deck, shows why Whoop is leading in wearable technology

A few word about our methodology

As you can see, we built a database that ranks startups in the wearable technology market based on their current valuation.

Estimating startup valuations is not always straightforward. Many wearable technology companies do not publicly disclose their valuation, and the available information can vary widely depending on the company and its stage.

To build this ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.

Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed companies, or official acquisition prices.

When a wearable technology startup is publicly listed, we use its current market capitalization as the reference valuation.

If a company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.

When a startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.

In some cases, we also estimate valuations using operating metrics such as revenue, ARR, subscription activity, device sales, clinical adoption, or customer traction, combined with valuation multiples from comparable companies in the same market.

When direct financial data is not available, we may rely on carefully selected comparable startups and other signals such as hiring growth, investor quality, product traction, regulatory progress, clinical validation, or hardware distribution.

All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by strong operating metrics and comparable company analysis.

We also carefully evaluate the age of every data point. Recent information carries more weight, while older data is treated cautiously and adjusted conservatively when necessary.

Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.

Because valuation data is not always fully public, each startup in the ranking is assigned a confidence level based on the reliability, recency, and consistency of the available evidence.

Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.

When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.

This reflects how we conduct all our research, including the work behind our report covering the wearable technology market.

In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.

If you want the full detail on a specific valuation estimate, feel free to contact us and we will gladly explain.

Finally, know that we update the dataset once per month, so come back here if you need fresh information.

Chart showing the projected CAGR of the wearable technology market

This chart, included in our wearable technology market deck, illustrates yearly funding for wearable technology startups

Related blog posts

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- The most recent developments in wearable technology

- The evolution of funding activity in wearable technology

- The main fundraising trends in wearable technology

- How big is the wearable technology market really?

- The full range of business models in wearable technology

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