# Lifetone Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lifetone-technology

- Industry: Consumer Products
- Headquarters: Oklahoma City, US
- Website: www.lifetonesafety.com
- Latest round: Series B (Feb 2, 2008)
- Investors on record: 6

## About

Lifetone Technology develops specialized safety solutions, focusing on innovative smoke alarm alerting systems tailored for individuals with hearing impairments or those who may not respond to traditional alarms.Founded in 2004 in Oklahoma City, US, Lifetone Technology creates advanced alerting devices. The company has undergone strategic developments to enhance its product offerings. With its headquarters in Oklahoma City, Lifetone Technology was founded by individuals passionate about improving safety for vulnerable populations. The company has raised a total of USD 250,000 in its latest funding round, which was VENTURE DEBT in October 2013.Lifetone Technology primarily offers the Lifetone HL, an innovative smoke alarm alerting system designed to wake individuals who may not respond to traditional smoke alarms. The Lifetone HL utilizes patented technology to actively monitor for the sound of standard smoke alarms, providing alerts through a combination of audible notifications, visual cues, and tactile alerts. Specifically, it features a low-frequency sound (520 Hz), voice commands instructing users to evacuate, a flashing light display indicating fire, and a vibrating bed shaker for physical alerting. This product is particularly beneficial for individuals who are hard of hearing, heavy sleepers, young children, and seniors, as it addresses the critical issue of waking up during a fire emergency. Lifetone HL is available primarily in the United States and Canada, targeting residential customers who seek enhanced safety and peace of mind in their homes.Lifetone Technology generates revenue through direct-to-consumer sales of its Lifetone HL unit, priced at USD 239.95 for a single unit. The company's transactional structure is straightforward, involving direct purchases by consumers who require advanced smoke alerting systems for their households. The primary customer base includes individuals and families concerned about fire safety, particularly those with members who are hard of hearing or suffer from other conditions affecting sleep responsiveness. The firm focuses on providing a single flagship product, the Lifetone HL, which is marketed as a crucial safety device for various demographics, including children and the elderly. As a result, Lifetone's revenue model is primarily based on individual sales rather than subscriptions or wholesale partnerships, emphasizing direct customer engagement and product accessibility.Lifetone Technology plans to expand its product line with new safety solutions tailored for diverse consumer needs, with releases anticipated within the next year. The company aims to enter additional markets, particularly in Europe and Australia, by the end of 2024. The recent funding of USD 250,000 from VENTURE DEBT will be utilized to support product development and market expansion strategies.

## Funding rounds

- Series B, Feb 2, 2008 — Chisholm Private Capital Partners, Mesa Capital Partners, McClendon Venture Company, i2E Inc., Tercet Partners, TLW Venture

## Investors

- Chisholm Private Capital Partners (https://capitalatlas.ai/funds/chisholm-private-capital-partners) — Series B
- Mesa Capital Partners (https://capitalatlas.ai/funds/mesa-capital-partners) — Series B
- McClendon Venture Company — Series B
- i2E Inc. — Series B
- Tercet Partners — Series B
- TLW Venture — Series B
