Owlet Secures $9 Million in Strategic Financing to Propel Its Smart Infant Monitoring Tech Forward
Amount Raised
$9 Million
Round Type
Series B
Investors
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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Related People
Funding Insights
What this usually meansOwlet Baby Care raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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