LifeBEAM raises $16M

What does LifeBEAM do?

LifeBEAM, is a global leader in wearable technology. The company is sensing the human race. It aims at becoming a global leader in sensing human performance during dynamic activities through bio sensing technology which is implemented into wearable’s. The company’s initial focus was on the applications for the defence and aerospace markets, keeping astronauts and jet pilots safe in extreme environments by sensing and monitoring vital signs such as SPO2, heart rate and blood flow. The company’s proprietary technology, analytics, hardware and software have been saving lives of astronauts and pilots and enabling tech products made by brands such as Under Armour, Samsung, 2XU, LazerHelmets, JBL and Elbit Aerospace. All of this is to measure human performace and to generate actionable insights at the peak level.

How much LifeBEAM was funded?

The company raised $16M in Series A on March 24, 2016 from Square Peg Capital, Atomics 14 Ventures, TriVentures, Wellborn Ventures and Cerca Partners.

Previous funding

$2.7M on June 17, 2013 from Cubit Investments.

What is next for LifeBEAM?

LifeBEAM plans to use the latest funding raised for expanding its positioning within the fast growing wearables category with a quantum leap the company calls Awareables, creating a totally new wellness and fitness experience. The company has an upcoming product which ntegrates highly accurate biometrics and a personal training agent, providing consumers an interactive and intelligent training experience for everyday well being and fitness. The latest funding round is a significant milestone to help the company in accomplishing its Awareable vision. The company’s new product is designed for providing customers with the utmost personalized and insight driven workout experience.

More about LifeBEAM

LifeBEAM was founded in 2010 by Zvika Orron and Omri Yoffe. It has its headquarters in Tel Aviv. This company is a pioneer in wearable technology analytics, software and hardware.