Valencell raises $11M in Series D

What does Valencell do

Valencell, is a leading innovator in performance biometric sensor technology. The company develops PerformTek, which is a sensor technology which leverages the natural physiology of the ear for tracking biometric data. It develops physiological monitoring technology and licences it to the leading partners in the industry to integrate with brand name products used by customers every day, like audio and mobile headsets, fitness products, games and wearable sports products. This biometric sensor which is protected by over 30 patents and patents pending, provides popular wearable devices the measuring ability for fitness and performance of end users while they exercise and provides them biometric feedback to the cloud and the end users.

How much Valencell was funded?

The company raised $11M in Series D on March 8, 2016 from WSJ Joshua Fund, GII Tech and TDF Ventures.

Previous funding

• $1M in Series B on November 24, 2009
• $5.5M on June 20, 2011 from Best Buy Capital and True Ventures
• $7M in Series C on June 16, 2014 from TDF Ventures, Best Buy Capital, True Ventures and CBC Partners

What is next for Valencell

Valencell plans to use the latest funding for continuing its triple digit growth and accelerating its pioneering innovation in accurate biometric wearable technology. It will help the team in accelerating the research and development and growth initiative to take advantages of the swiftly expanding market.

More about Valencell

The company was founded in 2006 by Steven LeBoeuf, Michael Aumer and Jesse Tucker. The company has its headquarters in Raleigh, NC. The company develops a sensor, PerformTek. This biometric sensor is a highly compact, low power, noninvasive, optomechanical sensor module configured for measuring body motion and blood flow. The sensor module extracts biometric signals from overpowering noise caused by the environmental and motion artifacts. The extracted data is then sent wirelessly to a smart phone to provide the end user the fitness analysis and audio visual feedback. The data from the smart phone will then be sent to the cloud for data storage, web based downloads and historical data analysis.