Tech Company Financing Transactions
Sevenhugs Funding Round
Xerys Gestion and private investors participated in a $14.6 million Series A funding round for Sevenhugs. The round was announced by the company on 6/23/2016.
Transaction Overview
Company Name
Announced On
6/23/2016
Transaction Type
Venture Equity
Amount
$14,600,000
Round
Series A
Investors
Xerys Gestion (Lead Investor) (Jacques Simonnet)
Proceeds Purpose
Sevenhugs will use its latest round of funding to: Broaden the global launch of the hugOne to the U.S. The hugOne is a sleep monitor that tracks sleep patterns to help families consistently rest better by capturing temperature, humidity, and air quality. It pairs with other smart home technologies such as Nest and Phillips Hue.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Undisclosed
Paris, 92130
France
Paris, 92130
France
Phone
Website
Email Address
Overview
Sevenhugs is an innovative connected home company that creates integrated devices and services aimed at simplifying the smart home experience. Its mission is to reinvent the way people interact with technology at home.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Simon Tchedikian
Chief Operating Officer
Stéphane Jaubertou
Chief Technical Officer
Lionel Marty
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