Fundz

Owlet Secures $9 Million in Strategic Financing to Propel Its Smart Infant Monitoring Tech Forward

PRIVATEFeb 26, 2024

Amount Raised

$9 Million

Round Type

Series B

LehiInformation TechnologySoftwareHealth Care

Investors

Not Mentioned

Description

Owlet, Inc. has secured $9 million through the sale of its Series B convertible preferred stock and warrants, marking a pivotal moment in its journey towards global commercialization and profitability. The financing is aimed at accelerating Owlet's momentum after recent FDA clearance of new medical devices and encouraging preliminary results for the fourth quarter.

Quick answer

Owlet Baby Care raised $9 Million in a Series B round, dated February 26, 2024. Investors: Not Mentioned. Owlet Baby Care is based in Lehi, Utah, United States.

How much did Owlet Baby Care raise?
Owlet Baby Care raised $9 Million in a Series B round on February 26, 2024.
Who invested in Owlet Baby Care?
Not Mentioned is named as investors in this round.
What does Owlet Baby Care do?
Owlet was founded by a team of parents in 2012.
Where is Owlet Baby Care based and how big is it?
Owlet Baby Care is based in Lehi, Utah, United States. Fundz records about 80 employees.
Who are the decision-makers at Owlet Baby Care?
Fundz holds 1 contact at Owlet Baby Care, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Health Care around the same time

Companies in the same sectors as Owlet Baby Care that raised within 45 days of this round, from Fundz verified event records.

  • DeepCure raised $25M (Series A) on April 11, 2024.
  • The Mobile-First raised $3.8M (Pre-Seed) on April 8, 2024.
  • rater8 raised an undisclosed amount (Series A) on April 6, 2024.
  • Mural Health raised $13M on April 5, 2024.
  • Nucleai raised $14M (Funding Round) on April 3, 2024.
  • Tennr raised $18M (Funding Round) on March 26, 2024.

Who to call at Owlet Baby Care, and when

A new round usually means Owlet Baby Care is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Owlet Baby Care raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Owlet Baby Care, from your own LinkedIn network

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Company Information

Company

Owlet Baby Care

Location

2500 EXECUTIVE PARKWAY

Lehi, Utah, United States

About

Owlet was founded by a team of parents in 2012. Owlet’s mission is to empower parents with the right information at the right time, to give them more peace of mind and help them find more joy in the journey of parenting. Owlet’s digital parenting platform aims to give parents real-time data and insights to help parents feel calmer and more confident. Owlet believes that every parent deserves peace of mind and the opportunity to feel their well-rested best. Owlet also believes that every child deserves to live a long, happy, and healthy life, and is working to develop products to help further that belief.

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Fundz sees it the moment Owlet Baby Care raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsKurt W., Executive Officer, DirectorSee plans and pricing
Predictive Intelligence
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Owlet Baby Care raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.