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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8a4c8856-7f91-4f28-8f98-57889a77d009&Preview=1 -
Date
1/16/2009 -
Company Name
Zeo Inc -
Mailing Address
320 Nevada Street, Floor 4 Newton, MA 02460 -
Company Description
Our mission is to help people to discover new, scientifically-based ways to improve the quality of their lives through the power of sleep. We will accomplish this by combining breakthrough educational sleep technology and tools with proven coaching methods from both sleep science and behavioral science.We believe that companies should be built on a solid foundation of powerful consumer insights and need-based ideas, true innovation, ethical values and the right team of caring and responsible people. We developed our mission and beliefs knowing they will shape the future of the company and help us focus on what is important. Zeo is deeply committed to continuing to develop powerful new ways to help educate and motivate our customers to get a better night’s sleep so they can feel their best.
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Website
http://www.myzeo.com -
Transaction Type
Venture Equity -
Transaction Amount
$8,300,000 -
Transaction Round
Series C -
Proceeds Purposes
Zeo Inc. will complete final development of Zeo, the first personal sleep coach, and use the proceeds to enter into the estimated $23.7 billion sleep product market later this year. -
M&A Terms
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Venture Investor
Trident Capital -
Venture Investor
iD Ventures America