# Zephyr Technology Corporation

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

- Industry: Medical Devices & Equipment
- Headquarters: Annapolis, US
- Website: www.zephyr-technology.com
- Total disclosed funding: $13M
- Latest round: Series D (May 7, 2013)
- Investors on record: 4

## About

Zephyr Technology Corporation develops advanced monitoring solutions focused on health and performance metrics, enabling organizations to enhance operational efficiency and safety through its innovative technology.Zephyr Technology Corporation specializes in remote monitoring technology for health and performance. The company is headquartered in Annapolis, US. Founded by Nigel Pereira, Zephyr has undergone notable changes, including its acquisition by Covidien in May 2014, though specific financial terms were not disclosed. The company has successfully raised a total of USD 2.44 mn across multiple funding rounds, with the most recent being a Series D round involving investors such as 3M Ventures, Alsop Louie Partners, and Motorola Solutions Venture Capital, which marked a significant milestone in its growth trajectory. The current company valuation stands at USD 7.165 mn.Zephyr Technology Corporation offers a range of advanced monitoring solutions tailored to optimize health and performance across various sectors. Their product suite includes real-time biometric monitoring systems designed to enhance safety and productivity, primarily utilized by organizations in healthcare, sports, and military sectors. The technologies developed by Zephyr focus on collecting and analyzing critical physiological data, providing actionable insights to clients seeking to improve their operational efficiencies and safety protocols.Zephyr Technology Corporation generates revenue primarily through a subscription-based model for its monitoring solutions. Clients engage in contracts that provide ongoing access to their innovative technologies, allowing for flexibility based on varying organizational needs. This model ensures that both small and large enterprises can effectively utilize Zephyr's services, with significant contributions to revenue coming from tailored solutions for different sectors, thereby addressing the increasing demand for performance and health monitoring in diverse environments.Zephyr Technology Corporation has strategic plans for future growth that include the development of new products aimed at enhancing real-time monitoring capabilities and expanding into additional geographic markets. Specific regions targeted for expansion include Europe and Asia-Pacific, with an emphasis on establishing a stronger presence by 2025. The funding raised in the Series D round will be utilized to accelerate these initiatives, focusing on product innovation and market penetration, ensuring that Zephyr remains at the forefront of monitoring technology advancements.

## Funding rounds

- Series D, May 7, 2013, $2.4M — Alsop Louie Partners, Motorola Solutions Venture Capital, 3M Ventures
- Series C, Apr 16, 2012, $8.9M — iGlobe Partners, Alsop Louie Partners, Motorola Solutions Venture Capital, 3M Ventures
- Series B, Jul 7, 2009, $2M — Motorola Solutions Venture Capital

## Investors

- Motorola Solutions Venture Capital (https://capitalatlas.ai/funds/motorola-solutions-venture-capital) — Series B, Series C, Series D
- iGlobe Partners (https://capitalatlas.ai/funds/iglobe-partners) — Series C
- Alsop Louie Partners (https://capitalatlas.ai/funds/alsop-louie-partners) — Series C, Series D
- 3M Ventures (https://capitalatlas.ai/funds/3m-ventures) — Series C, Series D