Owlet (company)
Owlet is a Utah-based company developing baby monitors to track a baby's heart rate and oxygen levels and stream video and audio to phones.
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Owlet (company)
BabyOwlet is a Utah-based company developing baby monitors to track a baby's heart rate and oxygen levels, and stream video and audio to phones.
Founded in 2013, Owlet adapted pulse oximetry technology, used by surgeons to monitor oxygen levels and pulse through a finger, to a wireless sock for babies. Owlet's Smart Sock is able to monitor heart rate and oxygen levels. The sock is connected to an in-home monitor, which emits warnings and can stream data real-timereal time to a connected app.
Owlet also has the Owlet Cam, which streams video and two-way audio to a connected smartphone.
In 2013, Owlet participated in R/GA's Connected Devices Accelerator based on Techstars methodology. The three monththree-month mentoring program included $120,000 in funding through R/GA Ventures.
Capital raised in the round was committed towardstoward expanding theirits retail and international distribution, launch two new products, and launch an infant health study.
Announced in May 2018, Owlet raised a further $24 million to close their Series B. The round was led by Trilogy Equity Partners and included participation from Eclipse Ventures, Broadway Angels, Enfield Ventures, and Pelion Venture Partners.
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