About Prevayl
Prevayl is a company based in Manchester (United Kingdom) founded in 2019 by Adam Crofts.. Prevayl has raised $10.62 million across 1 funding round from investors including Stonebridge. Prevayl offers products and services including SmartWear™ and Intellectual Property Portfolio. Prevayl operates in a competitive market with competitors including Withings, Fitbit, Whoop, Ultrahuman and iHealth Labs, among others.
- Headquarter Manchester, United Kingdom
- Founders Adam Crofts
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Sectors
HealthcareTechnology
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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 Prevayl Limited
- Date of Incorporation 18 Jun, 2021
- Jurisdiction MANCHESTER, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.62 M (USD)
in 1 rounds
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Latest Funding Round
$10.62 M (USD), Seed
Jun 07, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Prevayl
Prevayl offers a comprehensive portfolio of products and services, including SmartWear™ and Intellectual Property Portfolio. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sportswear with clinical-grade ECG for health and activity tracking.
Patents for wearable innovations in sensing and communications.
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Funding Insights of Prevayl
Prevayl has successfully raised a total of $10.62M through 1 strategic funding round. The most recent funding activity was a Seed round of $10.62 million completed in June 2021. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $10.6M
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First Round
First Round
(07 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Seed - Prevayl | Valuation | Stonebridge |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prevayl
Prevayl has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Stonebridge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Consumer sectors are invested in by Stonebridge private equity fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Prevayl
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Prevayl
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prevayl Comparisons
Competitors of Prevayl
Prevayl 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 Withings, Fitbit, Whoop, Ultrahuman and iHealth Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Connected devices for health, sleep, and activity monitoring are developed.
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| domain | founded_year | HQ Location |
Smartwatches and fitness trackers are provided for activity monitoring.
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| domain | founded_year | HQ Location |
Provider of a smart wearable device for physical activities monitoring
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| domain | founded_year | HQ Location |
Metabolic health is tracked via devices and fitness platforms.
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| domain | founded_year | HQ Location |
Personal healthcare devices for vital monitoring are designed and produced.
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| domain | founded_year | HQ Location |
Health-tracking smart rings and biosensors are developed for biometric monitoring.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prevayl
Frequently Asked Questions about Prevayl
When was Prevayl founded?
Prevayl was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Prevayl located?
Prevayl is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Who is the current CEO of Prevayl?
Adam Crofts is the current CEO of Prevayl. They have also founded this company.
Is Prevayl a funded company?
Prevayl is a funded company, having raised a total of $10.62M across 1 funding round to date. The company's 1st funding round was a Seed of $10.62M, raised on Jun 07, 2021.
What does Prevayl do?
Prevayl was founded in 2019 in Manchester, United Kingdom. AI-driven smart clothing is developed by the company within the wearable technology sector. Biodata from the body is continuously tracked by the garments, with biometric measurements used to generate custom insights. Health and performance data are analyzed through machine learning algorithms. Operations center on integrating sensors into apparel for real-time monitoring.
Who are the top competitors of Prevayl?
Prevayl's top competitors include Withings, Ultrahuman and Oura.
What products or services does Prevayl offer?
Prevayl offers SmartWear™ and Intellectual Property Portfolio.
Who are Prevayl's investors?
Prevayl has 1 investor. Key investors include Stonebridge.
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