What is Prevent Biometrics?
Prevent Biometrics, established in 2015 as a spinoff from research originating at the Cleveland Clinic, has developed a leading head impact monitoring system integrated into specialized mouthguards. This technology provides real-time measurement of head impact characteristics, offering critical data for enhancing safety in sports and military training. The company's systems are currently deployed by the U.S. Military and various prominent sports organizations globally. Prevent Biometrics' infrastructure has undergone extensive validation, positioning it as the industry standard for accurate head impact measurement and setting new benchmarks for safety protocols.
How much funding has Prevent Biometrics raised?
Prevent Biometrics has raised a total of $15.3M across 4 funding rounds:
Series B
$6M
Series A
$3.8M
Debt
$471K
Unspecified
$5M
Series B (2017): $6M, investors not publicly disclosed
Series A (2017): $3.8M led by Murata Manufacturing
Debt (2021): $471K supported by PPP
Unspecified (2022): $5M featuring Phoenix Capital Ventures
Key Investors in Prevent Biometrics
Murata Manufacturing
Murata Manufacturing is a significant player in the technology sector, known for its electronic components and systems. Their investment in Prevent Biometrics suggests a strategic interest in wearable technology and data analytics for sports and defense applications.
Phoenix Capital Ventures
Phoenix Capital Ventures is likely a venture capital firm focused on emerging technologies and growth-stage companies. Their participation in the recent funding round signals support for Prevent Biometrics' expansion and innovation in the safety technology market.
What's next for Prevent Biometrics?
The substantial enterprise-level funding, culminating in the recent strategic investment, positions Prevent Biometrics for accelerated growth and market expansion. This capital infusion is expected to fuel further research and development, enhance manufacturing capabilities, and broaden the adoption of its validated head impact monitoring technology across professional sports leagues and military branches. The company's focus on setting safety standards suggests a trajectory towards becoming an indispensable partner for organizations prioritizing athlete and personnel well-being.
See full Prevent Biometrics company page
