Prevent Biometrics

Minneapolis, United States Founded: 2015 • Age: 11 yrs
Wearable devices are offered to detect concussion-causing impacts in sports.
Annual revenue - Latest available
Total funding $9.2M 5 rounds
Employees 17 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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 as of December 31, 2022. 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 as on 31 Dec, 2022
  • Founders Steve Washburn
  • Sectors
    Technology
    Healthcare Media & Entertainment
  • Phone
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  • Website
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  • Social
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  • Legal Name Prevent Biometrics
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $9.2 M (USD)

    in 5 rounds

  • Latest Funding Round
    $5 M (USD), Series B

    Feb 09, 2022

  • Investors
  • Employee Count
    17

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Prevent Biometrics

Prevent Biometrics offers a comprehensive portfolio of products and services, including Smart Mouthguard, Impact Monitoring System, and Web Portal.

Product name locked
Category locked
Primary

Monitors head impacts in real-time for sports safety and data collection

Product name locked
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Records and notifies high-magnitude head impacts during activities

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Provides dashboards for in-depth analysis of athlete impact data

People of Prevent Biometrics

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Mike Shogren
CEO
People
Logan Gillis
Director Of Sales

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Teams

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on companies in sports, gaming, health, wellness, and media industries
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Administers health care and support for military personnel and operations.
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Investor details 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.

Investments
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Investment portfolio details for Prevent Biometrics

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Head impact monitoring systems for sports and military are developed.
Locked Locked 2010 Locked
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Complete acquisition details for Prevent Biometrics

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Financial Statements - Prevent Biometrics

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Detailed financials for Prevent Biometrics

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Prevent Biometrics Comparisons

Prevent Biometrics Primary company
Description
Wearable devices are offered to detect concussion-causing im...
Location
Minneapolis, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
17
As of 2022
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Peer comparison for Prevent Biometrics

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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 year HQ Location Description
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Connected devices for health, sleep, and activity monitoring are developed.
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Smartwatches and fitness trackers are provided for activity monitoring.
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Provider of a smart wearable device for physical activities monitoring
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Personal healthcare devices for vital monitoring are designed and produced.
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Smart fitness trackers and watches are developed for performance monitoring.
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Wearable devices such as smartwatches and fitness trackers are provided.
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Detailed competitors of Prevent Biometrics

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Latest news on Prevent Biometrics

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Complete news archive for Prevent Biometrics

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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.

As of Dec 31, 2022, the latest employee count at Prevent Biometrics is 17.

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's top competitors include Withings, Fitbit and Whoop.

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.

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