Withings
Company

Last deal

$60M

Amount

Series B

Stage

28.07.2020

Date

3

all rounds

$93.85M

Total amount

date founded

Financing round

General

About Company
Withings develops healthcare devices that empower people to make informed decisions about their health.

Industry

Sector :

Subsector :

Keywords :

founded date

01.06.2008

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company offers a range of connected health devices, including smart scales, activity trackers, hybrid smartwatches, sleep-tracking mats, and medically accurate devices for blood pressure and temperature monitoring. These devices automatically sync with the free Health Mate app, allowing users to track their progress, receive advice, and share data with their doctors. Withings aims to revolutionize the management and prevention of chronic conditions by providing users with powerful metrics and actionable insights to improve their lives.
Contacts
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M&A Details
1

Transaction name

Acquired by

Nokia

announced date

26.04.2016

price

$192.07M
Local Amount - EUR 170M

Financials

Funding Rounds
3
3

Number of Funding Rounds

$93.85M

Money Raised

Their latest funding was raised on 28.07.2020. Their latest investor Bpifrance. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
17.07.2013
3
$30M
02.09.2010
$3.85M
Local Amount - EUR 3M
Bpifrance

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Bpifrance is a French public investment bank.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Banking

Location

Maisons-Alfort, France

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1274

count Of Exists

79
Idinvest Partners

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Subsector

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Co-Investors
Investors
8
2

Number of lead investors

8

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series B
No
Series B
No
Series B
Bpifrance

Bpifrance

Bpifrance is a French public investment bank.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Banking

Location

Maisons-Alfort, France

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1274

count Of Exists

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Acquisitions
3
Acquiree Name 
Date 
Price 
Acquisition Name 
8fit acquired by Withings

8fit acquired by Withings

acquirer

Withings
Withings

date

02.02.2022

type

Acquisition
8fit

8fit

8fit is an app that helps users build healthy habits for life with simple solutions.

Sector

Leisure Goods

Subsector

Recreational Products

Keywords

Fitness, Apps, Health Care

Location

Berlin, Germany

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6

total raised

$9.84M
Impeto Medical acquired by Withings

Impeto Medical acquired by Withings

acquirer

Withings
Withings

date

11.01.2022

type

Acquisition
Impeto Medical

Impeto Medical

Impeto Medical is a medical device company that manufactures and markets non-invasive devices for assessing eccrine sweat gland activity.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Manufacturing

Location

Paris, France

total rounds

3

total raised

$12.88M
Zyken - NightCove acquired by Withings

Zyken - NightCove acquired by Withings

acquirer

Withings
Withings

date

01.09.2013

type

Acquisition
Zyken - NightCove

Zyken - NightCove

Zyken develops innovative wellness products for hotels, spas, and homes.

Sector

Travel and Leisure

Subsector

Hotels and Motels

Keywords

Hotel

Location

Paris, France

total rounds

4

total raised

$3.37M

People

Founders
3
Fred Potter
Fred Potter

Fred Potter

Engineer from Telecom ParisTech and holder of a PHD in Microelectronics, Fred is a passionate entrepreneur who has been reinventing objects we use in our everyday lives for over 20 years. In 1999, he started CIRPACK, a telecommunications supplier, later bought by TECHNICOLOR; and WITHINGS, sold to NOKIA, before creating NETATMO in 2011. His vision: a company where every employee knows how the business and projects grow and where daily life is driven by a strong sense of innovation, empowerment, hard work and sharing.

current job

Netatmo
Netatmo

count Of Investments

6

Fred Potter

Eric Carreel
Eric Carreel

Eric Carreel

Eric started his career in institutional research as a researcher in the field of radio. He then co-founded Inventel and remained its President from 2002 to 2005, being recognised as one of the major architects of Triple Play in Europe. After Thomson bought Inventel, Eric became technical director of Thomson's domestic products division while creating and managing the Advanced Product Development group. Eric is an Engineer from the Industrial Physics & Chemistry Grande Ecole in Paris (ESPCI) and has a PhD in engineering from the University of Paris VI. He is the author of over fifty patents and directs the vision and innovation at Withings.

current job

Invoxia
Invoxia

count Of Investments

4

Eric Carreel

Cedric Hutchings
Cedric Hutchings

Cedric Hutchings

Cédric Hutchings is the Chief Executive Officer at Withings SA. Cédric’s passion for innovation and understanding of consumers' needs fuels Withings’ fast growth. Armed with an Engineering degree from Ecole Centrale and a Masters in Aeronautics and Astronautics from Massachusetts Institute of Technology (MIT). Cédric first worked as a Product Manager at Inventel, overseeing the launch of residential wireless gateways. Cédric then joined Thompson as Marketing Director for Domestic Products. Driving the development of Withings’ life-changing products, his vision along with Partner Eric Carreel, is to radicalize our relationship with health, taking away any pain and fear associated with it and putting us back in control. On his spare time, Cédric enjoys spending time with his family and play with his soft rock band.

current job

Outsight
Outsight

organization founded

2

Cedric Hutchings

Employee Profiles
15
Timothy Shipman

Timothy Shipman

Head of Sales - North America

Lucie Broto

Lucie Broto

CMO

Minh LE

Chief Marketing Officer

Thomas Vuchot

Thomas Vuchot

Product Manager

Reda Attahri

Reda Attahri

Healthcare Development Manager

Mathieu Letombe

Mathieu Letombe

CEO

Activity

Recent News
12
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month