Tech Company Financing Transactions
LVL Technologies Funding Round
LVL Technologies, operating out of Austin, received $6.8 million from Samsung Catalyst Fund and Maxim Ventures.
Transaction Overview
Company Name
Announced On
8/18/2017
Transaction Type
Venture Equity
Amount
$6,750,000
Round
Series A
Investors
Samsung Catalyst Fund (Lead Investor) (Shankar Chandran)
Proceeds Purpose
The company will use the funding to accelerate the production and manufacturing of its second consumer product, a wrist-worn band called LVL One, which simultaneously measures hydration along with heart rate and other key metrics.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
Undisclosed
Austin, TX 78731
USA
Austin, TX 78731
USA
Phone
Website
Email Address
Not Recorded
Overview
LVL Technologies, Inc. was founded by Dr. Dustin Freckleton and Nithin Rajan with a mission of bringing the accuracy of medical device technologies to the consumer wearables market through a combination of proprietary sensors and advanced machine learning algorithms. LVL Technologies is headquartered in Austin, TX.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dustin Freckleton
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