Companion – a company that builds AI-powered interactive devices for dogs – announced that it has raised $6 million in additional funding from Lerer Hippeau and Digitalis Ventures alongside opening its product to the public for reservation. And the new funding injection brings Companion’s total funding to over $14 million.
The company is known as the first device that can interact with dogs at home for hours a day using AI hardware, machine learning, and positive reinforcement techniques. And Companion provides all-day scheduled and on-demand engagement for your dog with games, behavioral programs, and training. Plus it uses all of that activity to look for sudden or subtle shifts in your dog’s movement or posture that can indicate pain, anxiety, or stress that are often hard to detect.
Companion has officially opened reservations for consumers at www.joincompanion.com. The reservations require a $49 refundable deposit and orders will ship based on the priority of the reservation date. And as of April 11, 2023, the next available ship date is February 2024.
Companion’s device has a camera, onboard computer, AI software, and treat dispenser – which is able to react and converse with dogs at superhuman speeds and consistency while using the pet parent’s voice. And the Companion app allows users to start and schedule sessions, receive bespoke videos of their dog learning, and updates on their dog’s improving skills.
Machines have immense advantages, including infinite patience, much more precision, perfect memory, and consistency. And Companion uses this technology to observe what your dog is already communicating through its movement and posture.
Companion is the result of years of research and development. And Companion has worked with more than 1,000 dogs over the last five years and is joined by the world’s leading investors and the top authorities on positive reinforcement, animal behavior, cognition, and health. The smart technology device is unlike any other pet product on the market and was designed to create a significant change in the way we live, train and care for our dogs.
KEY QUOTES:
“Companion revolutionizes the pet/pet parent relationship and fundamentally changes how dogs can receive continuous training at home. Companion’s team of computer vision and hardware experts are creating an extremely precise product geared toward assessing and improving all aspects of a pet’s behavior and quality of life – bringing peace of mind and satisfaction to pets and parents alike.”
– Ben Lerer, Managing Partner at Lerer Hippeau
“We all want to better understand our dogs and we’ve only been able to scratch the surface of what our dogs are communicating to us. We built a device that can automatically have a conversation with your dog, bringing it joy for hours a day and a brand new life at home. Dogs primarily communicate with movement and posture, whether it’s conscious communication like your dog sitting by the door to go outside or unconscious communication like how your dog slowly changes its back and neck position. We miss the vast majority of these signals – machines don’t. We’re thrilled to be joined by investors who are leaders in pet care with deep expertise in the consumer technology space, and to officially open reservations that will soon give pet parents an entirely new way of connecting with their dogs.”
– Companion Founder John Honchariw
