How Much Did Embr Labs Raise?
Funding & Key Investors

Embr Labs, a pioneer in personal temperature control solutions, has secured significant capital, with total funding reaching $42.9M. The company recently announced a major strategic investment of $35M, underscoring its growth trajectory and market potential in the wellness technology sector. This latest financing round is expected to fuel further innovation and expansion for the company, which has already garnered a substantial customer base.

What is Embr Labs?

Embr Labs
ManufacturingTest & Measurement EquipmentElectronics

Embr Labs specializes in developing innovative personal temperature regulation devices, most notably the Embr Wave smart wristband. This wearable technology offers users on-demand cooling and warming sensations, providing relief from common discomforts such as hot flashes, night sweats, and stress. With a focus on enhancing user comfort and promoting better sleep, Embr Labs targets a broad demographic seeking personalized wellness solutions. The company's commitment to clinically validated technology has resonated with over 200,000 customers, positioning it as a leader in the burgeoning field of personal climate control.

How much funding has Embr Labs raised?

Embr Labs has raised a total of $42.9M across 5 funding rounds:

2018

Series A

$1.5M

2019

Series B

$6M

2020

Debt

$150K

2021

Debt

$289K

2023

Debt

$35M

Series A (2018): $1.5M, investors not publicly disclosed

Series B (2019): $6M led by PBJ Capital, Bose Ventures, Safar Partners, DigiTx Partners, and Joyance Partners

Debt (2020): $150K supported by PPP

Debt (2021): $289K featuring PPP

Debt (2023): $35M backed by Aon

Key Investors in Embr Labs

PBJ Capital

PBJ Capital is an investment firm that likely focuses on early-stage to growth-stage companies, potentially within technology or consumer sectors, given the typical investment profiles of venture capital entities.

Bose Ventures

Bose Ventures is the venture capital arm of Bose Corporation, typically investing in companies that align with Bose's interests in audio, acoustics, and related technologies, potentially including innovative consumer electronics and wellness devices.

DigiTx Partners

DigiTx Partners is a venture capital firm that focuses on investing in early-stage companies within the digital health sector. Established in 2016, the firm aims to address complex challenges in healthcare by supporting innovative founders and leaders who leverage technology and data.

What's next for Embr Labs?

The recent major strategic investment in Embr Labs signals a pivotal moment for the company, likely enabling it to scale its operations, enhance its product development pipeline, and broaden its market reach. Given the enterprise-level funding context, Embr Labs is poised to further solidify its position in the personal wellness and wearable technology markets. Future strategic initiatives may include expanding product lines, forging new partnerships, and investing in advanced research to maintain its competitive edge in delivering personalized thermal comfort solutions.

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Frequently Asked Questions Regarding Embr Labs Financial Insights

What are the most recent funding rounds that Embr Labs has completed, and what were the funding rounds?
Embr Labs has recently completed 3 funding rounds: Debt on May 3, 2023, Debt on Feb 22, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Embr Labs has raised to date?
Embr Labs has raised a total of $42.9M in funding to date.
How many funding rounds has Embr Labs completed?
Embr Labs has completed 3 funding rounds.
How much funding did Embr Labs raise in its most recent funding round?
Embr Labs raised $35M in its most recent funding round.
Who are the lead investors in Embr Labs's latest funding round?
The lead investor in Embr Labs's latest funding round was Aon. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Embr Labs's history?
The largest funding round in Embr Labs's history was $35M.
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