- Halo – an advanced pet safety and training technology company – recently announced that it is fully subscribed for its Series B funding round at a $400 million valuation
Halo – an advanced pet safety and training technology company – recently announced that it is fully subscribed for its Series B funding round. Founded by IOT visionaries Ken and Michael Ehrman with dog behaviorist Cesar Millan, Halo had achieved a valuation of $400 million.
This funding round marks a monumental moment for Halo and supports the company’s overall mission to serve millions of dogs in a safe life off-leash. And with significant growth expected to be achieved in 2022, the round was led by prominent new investing partners with several existing investors. This latest funding round represents the majority of the approximately $25 million raised since inception in 2018.
The Series B funding round will enable Halo to improve wireless performance and expand its infrastructure to service millions of pack members worldwide. And the investment will go towards engineering updates, including new worldwide capabilities and wireless leash advancements. Plus the funding will support the expansion of the company’s membership plan, the enhancement of their world-class customer service network including proactive alerts for any system updates or changes.
KEY QUOTES:
“With 10 million pets lost each year, the investor community has recognized that no dog should be without their Halo. Our investors are helping us to bring trailblazing wireless capabilities and cutting-edge technology to 100 million pet dogs in the US alone. With Halo, we give dogs the freedom to live life off the leash but also gives pet parents peace of mind knowing that their dogs are safe. Halo goes way beyond your typical GPS collar, offering state-of-the-art boundary protection via wireless fences and world-class training for your dog.”
— Ken Ehrman, Halo co-founder
“Birds need to fly, fish need to swim, and dogs need a safe life off leash. This funding will accelerate our mission of no more lost dogs, while at the same time, allow more dogs to follow, play, and explore every day.”
— Cesar Millan, Halo co-founder
