iBeat, a San Francisco, CA-based health tech company, closed another $5.5m in seed funding, bringing the total round to $10m.
Backers included Kairos, 8VC, City Light Capital, Plug and Play Ventures, ChinaRock Capital Management, as well as angel investors Tony Robbins, Josh Kazam, Shlomo Ben-Haim, Dr. Fred St. Goar, and Dr. Uma Valeti.
The company plans to use the new capital to prepare for its upcoming retail and consumer launch of its lifesaving smartwatch early this summer.
Led by Ryan Howard, founder and CEO, iBeat is a health technology company bringing to market a cellular smartwatch that continually monitors users’ 24-7 heart activity. In a life-threatening emergency, iBeat will instantly alert the user, people around them, and emergency responders in real-time.
The watch also has an emergency help button that can be pressed at any time to get users aid.
The company is currently taking pre-orders for its lifesaving Heart Watch and will begin shipping in early summer.