Cradlewise raises $12m Series A led by 3one4 Capital and Prudent Investment
The smart-crib company plans to expand sales channels, develop products and enter more markets.
Series A takes reported total funding to $26m
Cradlewise raised $12 million in the round co-led by 3one4 Capital and Prudent Investment Management, taking its reported cumulative financing to $26 million.
The funding will support channel and geographic expansion alongside product research and development. Cradlewise enters that expansion with an integrated manufacturing facility and sleep models trained on a reported 75 million hours of data.
Use of funds
Growth
Channel expansion
Product R&D
Geographic expansion