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Cradlewise Secures $7M Funding To Help New Parents With Baby Sleep

Nov 09, 2021•over 3 years ago

Amount Raised

$7 Million

San Francisco

Description

Cradlewise, a Silicon Valley-based baby technology company that makes smart cribs for babies, has raised a seed round of $7M led by new venture capital firm Footwork with significant participation from CRV and follow on from existing investors SOSV and Better Capital. Other notable investors participating include Katrina Lake (founder of Stitch Fix), Jeremy Cai (CEO of Italic), Dilip Goswani (CTO of Molekule) and Sonny Vu (ex-CEO of Misfit Wearables). The company makes smart cribs with a built-in baby monitor that uses AI to learn the baby's sleep patterns and adapts to changing needs. It's a crib, bassinet and monitor - all integrated into one

Company Information

Company

Cradlewise

Location

San Francisco, California, United States

About

Founded in 2019, Cradlewise is a Silicon Valley based baby technology startup. Their first product is a smart crib. Bharath and Radhika made this crib after their own experiences of sleepless nights with their first-born child. It is the world's first crib with an integrated contactless baby monitor that spots the first signs of wakeup of the baby and starts rocking along with soothing music to safeguard sleep. The crib learns from the baby's sleep patterns and adapts to the changing needs - just like a mom! Cradlewise smart crib is one of TIME's Best Inventions of 2020. Cradlewise is all about sensing, learning and impacting sleep fitness for babies. They are redesigning the baby nursery and making it smart, intuitive and delightful. SOURCE Cradlewise Inc.

FundzWatch™ Score

68
Medium Activity

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