About Prevent Biometrics
Prevent Biometrics is a company based in Minneapolis (United States) founded in 2015 by Steve Washburn. Prevent Biometrics has raised $9.2 million across 5 funding rounds from investors including Phoenix Capital Ventures and Military Health. The company has 17 employees. Prevent Biometrics has completed 1 acquisition, including X2 Biosystems. Prevent Biometrics offers products and services including Smart Mouthguard, Impact Monitoring System, and Web Portal. Prevent Biometrics operates in a competitive market with competitors including Withings, Fitbit, Whoop, iHealth Labs and Garmin International, among others.
- Headquarter Minneapolis, United States
- Employees 17
- Founders Steve Washburn
- SectorsTechnologyHealthcare Media & Entertainment
- Website preventbiometrics.com
- Social LinkedIn X Facebook Instagram
- Legal Name Prevent Biometrics
- Total Equity Funding$9.2M (USD)
in 5 rounds
- Latest Funding Round$5M (USD), Series B
Feb 2022
- InvestorsPhoenix Capital Ventures
& 1 more
- Employee Count17
- Investments & Acquisitions
Products & Services of Prevent Biometrics
Prevent Biometrics offers a comprehensive portfolio of products and services, including Smart Mouthguard, Impact Monitoring System, and Web Portal.
Monitors head impacts in real-time for sports safety and data collection
Records and notifies high-magnitude head impacts during activities
Provides dashboards for in-depth analysis of athlete impact data
Funding Insights of Prevent Biometrics
Prevent Biometrics has successfully raised a total of $9.2M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in February 2022. 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 $9.2M
- Total Rounds 5
- Last Round Series B — $5M
- First Round $100,000
(Aug 2015)
- Investors Count 2
All 5 funding rounds of Prevent Biometrics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $5M | Series B | – | Phoenix Capital Ventures | – |
| Apr 2017 | $3.8M | Series A | – | – | – |
| Jan 2017 | $2.89M | Grant | – | – | |
| Jan 2016 | $300,000 | Seed | – | – | – |
| Aug 2015 | $100,000 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Prevent Biometrics
Prevent Biometrics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Phoenix Capital Ventures and Military Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on companies in sports, gaming, health, wellness, and media industries | – | pcv.fund | Atlanta, United States | |
Administers health care and support for military personnel and operations. | – | health.mil | Falls Church, United States |
Investor details for Prevent Biometrics
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People of Prevent Biometrics
3 people are tracked at Prevent Biometrics (3 in leadership); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
Steve Washburn | Co-Founder & CEO | Leadership |
Mike Shogren | CEO | Leadership |
Logan Gillis | Director Of Sales | Leadership |
Complete people profiles for Prevent Biometrics
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Investments & Acquisitions by Prevent Biometrics
Prevent Biometrics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include X2 Biosystems.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Head impact monitoring systems for sports and military are developed. | x2biosystems.com | Redwood, United States | 2010 | Oct 2018 | •••• |
Complete acquisition details for Prevent Biometrics
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Timeline of Prevent Biometrics
4 dated milestones of Prevent Biometrics across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Prevent Biometrics is founded.
- Funding First funding round of $100K.
- Acquisition Acquires X2 Biosystems.
- Funding Latest funding round, Series B, of $5.0M.
Competitors of Prevent Biometrics
Prevent Biometrics 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, iHealth Labs and Garmin International, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| withings.com | 2008 | Moulineaux, France | $93.83M | 39 | Connected devices for health, sleep, and activity monitoring are developed. | |
| fitbit.com | 2007 | San Francisco, United States | $65.05M | 1,134 | Smartwatches and fitness trackers are provided for activity monitoring. | |
| whoop.com | 2012 | Boston, United States | $405.69M | 453 | Provider of a smart wearable device for physical activities monitoring | |
| ihealthlabs.com | 2010 | Mountain View, United States | $25M | 104 | Personal healthcare devices for vital monitoring are designed and produced. | |
| garmin.com | 1989 | Olathe, United States | – | 19,900 | Smart fitness trackers and watches are developed for performance monitoring. | |
| misfit.com | 2011 | Burlingame, United States | $63M | – | Wearable devices such as smartwatches and fitness trackers are provided. | |
| matrixindustries.com | 2011 | Menlo Park, United States | $59.31M | 8 | Smartwatches powered by body heat are developed using thermoelectric technology. | |
| coros.com | 2015 | Tustin, United States | $6.1M | – | Connected performance tracking devices are supplied for athletes. | |
| goqii.com | 2014 | Redwood, United States | $109.68M | – | Provider of a wearable wristband integrated with personalized coaching |
Detailed competitors of Prevent Biometrics
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Web traffic of Prevent Biometrics
The website of Prevent Biometrics (preventbiometrics.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 29.1% vs previous month
Latest news on Prevent Biometrics
Complete news archive for Prevent Biometrics
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Similar companies to Prevent Biometrics
10 companies that operate in the same segment as Prevent Biometrics (Sensors & Smart Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Video streaming devices and platforms are provided by Roku. | 2008 | San Jose, California, United States | USD 213.57 M | USD 4.74 B | 3,340 | |
Provider of hardware and software for monitoring home energy consumption | 2010 | Palo Alto, California, United States | USD 80 M | – | – | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Frequently Asked Questions about Prevent Biometrics
Prevent Biometrics was founded in 2015.
Prevent Biometrics is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Steve Washburn is the current CEO of Prevent Biometrics. They have also founded this company.
Prevent Biometrics is a funded company, having raised a total of $9.2M across 5 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Aug 2015.
Prevent Biometrics has 17 employees.
Prevent Biometrics was founded in 2015 in Minneapolis, United States, focusing on the sports safety sector. Connected mouthguards are provided to monitor impact data, including direction, force, and location. Real-time analysis is conducted to identify potentially dangerous impacts, with alerts transmitted to coaches through a mobile application. Operations target sports such as football and rugby.
Prevent Biometrics offers Smart Mouthguard, Impact Monitoring System, and Web Portal.
Prevent Biometrics has made 1 acquisition, including X2 Biosystems.
Prevent Biometrics has 2 investors. Key investors include Phoenix Capital Ventures, and Military Health.
Prevent Biometrics operates through Prevent Biometrics.