About Owlet
Owlet is a company based in Lehi (United States) founded in 2013 by Jordan Monroe, Zack Bomsta, and Kurt Workman. It operates as a Direct-to-Consumer (D2C) and HealthTech. Owlet has raised $54.96 million across 9 funding rounds from investors including NIH, R/GA and Techstars. The company has 85 employees as of December 31, 2024. Owlet offers products and services including Dream Sock, Dream Duo, and Dream Sight. Owlet operates in a competitive market with competitors including Kiddo Health, Cubtale, Nara Baby, AngelEye Health and Evoz, among others.
- Headquarter Lehi, United States
- Employees 85 as on 31 Dec, 2024
- Founders Jordan Monroe, Zack Bomsta, Kurt Workman
- Stage Public
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Sectors
RetailTechnology Consumer Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Owlet, Inc.
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Annual Revenue
$78.06 M (USD)44.52as on Dec 31, 2024
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Net Profit
-$12.29 M (USD)62.64as on Dec 31, 2024
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EBITDA
-$10.02 M (USD)62.07as on Dec 31, 2024
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Total Equity Funding
$54.96 M (USD)
in 9 rounds
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Latest Funding Round
$30 M (USD), Post-IPO
Feb 17, 2023
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Investors
NIH
& 19 more
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Employee Count
85
as on Dec 31, 2024
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IPO & Listings of Owlet
Owlet is a publicly listed company on the NYSE with ticker symbol OWLT in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Owlet
Owlet offers a comprehensive portfolio of products and services, including Dream Sock, Dream Duo, and Dream Sight.
FDA-cleared monitor tracks baby’s health and sleep.
Advanced monitor offers clear view of baby’s health.
Smart HD video monitor for baby safety tracking.
People of Owlet
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Funding Insights of Owlet
Owlet has successfully raised a total of $54.96M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $30 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Owlet
Owlet has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include NIH, R/GA and Techstars.
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Early-stage venture capital is invested in US technology sectors.
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Early-stage investments are made by Eclipse across multiple sectors.
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Women-led angel network focused on tech companies
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Investor details for Owlet
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Investments & Acquisitions by Owlet
Investment portfolio details for Owlet
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Financial Statements - Owlet
Detailed financials for Owlet
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Owlet Comparisons
Peer comparison for Owlet
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Competitors of Owlet
Owlet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kiddo Health, Cubtale, Nara Baby, AngelEye Health and Evoz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Connected care platform capturing health data of children health for professionals
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Baby activities are monitored using a device and mobile app.
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Baby routines are tracked via a dedicated mobile app.
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Provider of NICU cameras, communication, feed management, and education services for hospitals
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Connected baby monitoring solutions are developed for consumer use.
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Detailed competitors of Owlet
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Latest news on Owlet
Complete news archive for Owlet
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Frequently Asked Questions about Owlet
Owlet was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Owlet is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Kurt Workman is the current CEO of Owlet. They have also founded this company.
Owlet is a funded company, having raised a total of $54.96M across 9 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Owlet is 85.
Annual revenue of Owlet is $78.06M as on Dec 31, 2024.
Owlet is engaged in creating smart monitoring tools for babies, focusing on health, safety, and sleep tracking in real time. Solutions are provided through an ecosystem of connected nursery products, including the FDA-cleared Dream Sock, Dream Duo, and Dream Sight. The company operates in the healthcare sector, specializing in wearable health technology for infants. Personalized insights and real-time alerts are offered to support parents with actionable data on vitals, cry, motion, and room conditions.
Owlet's top competitors include Nara Baby, Cubtale and AngelEye Health.
Owlet offers Dream Sock, Dream Duo, and Dream Sight.
Yes, Owlet is publicly traded on NYSE under the ticker symbol OWLT.
Owlet has 20 investors. Key investors include NIH, R/GA, Techstars, RTP Global, and Trilogy Equity Partners.
The ticker symbol of Owlet is OWLT on NYSE.