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Owlet Care provides health monitoring solutions for infants through a Smart Sock wearable and a Dream Lab sleep training program. The Smart Sock measures an baby’s heart rate, oxygen levels, and sleep patterns, sending data to a mobile app so parents can track their child’s status in real time. Dream Lab offers personalized sleep training to help improve infant sleep. The company sells its products directly to consumers and through retailers, and also offers subscriptions for advanced app features. Unlike basic baby monitors, Owlet combines wearable health metrics with guided sleep coaching and a recurring service model. Its goal is to give new parents peace of mind by monitoring infant health and helping improve sleep while growing its business through product sales, subscriptions, and partnerships.
Industries
Hardware
Consumer Software
Healthcare
Consumer Goods
Company Size
201-500
Company Stage
IPO
Headquarters
Lehi, Utah
Founded
2013
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Total Funding
$488.6M
Above
Industry Average
Funded Over
12 Rounds
401(k) Company Match
401(k) Retirement Plan
Flexible Work Hours
Paid Holidays
Product Discounts
Competitive Compensation
Where grief and joy coexist: navigating a rainbow pregnancy. July 7, 2026 Owlet Cares is its advocacy initiative that is dedicated to making a positive impact in the lives of babies and parents. One way Owletcare do this is by partnering with nonprofits all over the world who share its mission. Each month, Owletcare shine a spotlight on one of its foundation partners and the important work they are doing. This month, in honor of National Rainbow Baby Day, Owletcare'd like to introduce you to No Foot Too Small - an organization dedicated to increasing awareness about pregnancy and infant loss. Owlet is proud to partner with No Foot Too Small on their Rainbow Baby Project where Owletcare donate two Dream Duo(TM) monitors a month to families in their community who are expecting subsequent pregnancies after loss. Owletcare also recently became a sponsor of their monthly Pregnancy After Loss support groups. In one mom's words, here is how connections formed through No Foot Too Small positively impacted her rainbow pregnancy. By: Madison Phetmanysay Today was a full-circle moment in the most beautiful of ways. After losing Lola, I found No Foot Too Small (NFTS). I was incredibly fortunate to discover a community of compassionate, supportive people who helped carry me through some of my darkest days. Through NFTS, I've built lifelong friendships - one of the most meaningful being with Jenny Durand. Owletcare met virtually in support groups and eventually connected in person at a NFTS Mom's Group in Cedar Rapids. Owletcare clicked instantly. Both of Owletcare have endured multiple losses and struggled with infertility, and it was its parallel paths to its rainbow babies that really bonded Owletcare. When I found out I was expecting Sullivan, I knew I wanted to share the news with Jenny privately. As someone who understands how deeply grief and joy can coexist, I knew even the happiest announcements can stir complicated emotions for those still waiting. I never doubted she'd be thrilled its time had come - but I wanted to honor her journey by giving her the space to process it on her own terms. However, sharing the news looked a little differently than I had planned! Just a day or two after that first positive test, I joined a NFTS Pregnancy After Loss group (supported by Owlet) - and was stunned to see Jenny's face on the screen. She, too, had just found out she was pregnant! From that moment on, Owletcare shared everything. Owletcare celebrated, cried, vented, worried, encouraged each other, and walked hand-in-hand through the rollercoaster of pregnancy after loss. As its due dates approached and inductions were scheduled, it felt like its angels were working behind the scenes - smiling down, knowing something magical was unfolding. Its inductions were set for the same day. While Owletcare both thought its boys might come prior to induction, Owletcare couldn't help but wonder how incredible it would be if they were born on the same day. Then May 18th arrived - and Owletcare were still pregnant. That day, as Owletcare texted back and forth while laboring in different hospitals, Owletcare laughed, supported one another, and shared in every moment of anticipation. Just hours apart, Owletcare both welcomed its rainbow boys into the world. Today, Owletcare met at the park. Its older daughters played, Owletcare caught up on life, and - most heartwarmingly - its sons met for the very first time. The weather was perfect, but the real beauty was seeing its boys together, side by side - a living reminder of the strength, heartache, and hope that brought Owletcare here. NFTS brought Owletcare to the same table, but it was the loss, grief, infertility, joy, and these two precious boys that made Owletcare family. The quotes, stories, and experiences included here are those of the individuals and are not representative of Owlet's views or claims about its product. Individuals were not paid and did not submit their information as part of any paid promotion by Owlet.
Owlet, a smart infant monitoring company, has secured a $25 million revolving credit facility with Wells Fargo, refinancing its existing debt and significantly reducing borrowing costs. The new facility lowers the interest rate margin to SOFR plus 2.00% to 2.25%, down from SOFR plus 7.50% to 8.50%, cutting costs by at least 525 basis points. Following the refinancing on 26 June 2026, Owlet's total liquidity reached approximately $33.8 million. The facility can be increased to $35 million subject to lender approval and matures in three years. Chief Financial Officer Amanda Twede Crawford said the arrangement enhances financial flexibility whilst maintaining disciplined capital allocation. The company has FDA-cleared wearable paediatric monitors and has served over 2.5 million parents since 2012.
VGM Group joins as Owlet's inaugural Owlet for Orgs program partner. Katie Morris Updated 2:52 PM CDT, Wed May 20, 2026 In March, Owlet, Inc., the pioneer of smart infant monitoring, announced the launch of Owlet for Orgs, a new employer benefit program that enables companies to provide new and expecting parents with its trusted infant health technology. Owlet announced VGM Group, as their inaugural employer partner. Through Owlet for Orgs, employers can provide new and expecting parents with FDA-cleared Dream Sock(R) or Dream Duo(TM) 3, which includes Dream Sock and all-new Dream Sight(TM) video monitor, as part of a customized workplace benefits package. By doing so, forward-thinking employers can support new parents through one of life's most important transitions - building a healthier team in the process by encouraging better sleep and focus and driving stronger loyalty and retention. Owlet works directly with HR and benefits teams to ensure the program is tailored to the organization and the rollout is seamless. "Early parenthood is one of the most overwhelming seasons of a person's life, and the businesses that acknowledge that are building stronger, more loyal teams," said Jonathan Harris, Chief Executive Officer at Owlet. "Owlet for Orgs gives companies a way to show up for their employees when it matters most, with more than just a policy on paper. We're proud to launch this program, and we look to expand our partners for this program in the months ahead." VGM Group is a 100% employee-owned company with a track record of supporting working parents. In 2023, it opened an on-site child care center at its headquarters in Waterloo, Iowa, in response to employee owners' challenges finding reliable, affordable child care. This focus on supporting working parents and community well-being aligns with Owlet's mission of preventive pediatric care. And it has earned VGM Group recognitions as an Iowa Top Workplace and a Best Place for Working Parents. "At VGM Group, caring for our employee owners means caring for the people who matter most to them," said Sara Laures, VGM Group Chief People Officer. "Along with benefits like our on-site child care center and free health clinic, Owlet for Orgs is another way we're investing in our people during one of life's most meaningful times. When new parents feel supported and confident in their baby's well-being, it creates peace of mind at home and allows them to stay engaged at work." The launch of Owlet for Orgs advances Owlet's mission to give families everywhere clarity, confidence, and peace of mind from night one. The program expands access to Owlet's growing ecosystem of clinical-grade products, among them the first and only FDA-cleared baby monitor on the market, Dream Sock, and insurance-supported prescription BabySat(R). Via its advocacy arm, Owlet Cares, the company works with 40+ nonprofit organizations across the globe to provide products, resources, and safe sleep education to even more families. Owlet for Orgs is the next natural step, extending that same ecosystem of care beyond the home and into the broader network of professionals and organizations that families trust. About VGM Group Headquartered in Waterloo, Iowa, VGM is a 100% employee-owned company providing business and professional services to thousands of business customers across North America. Services include group purchasing, commercial insurance, management of healthcare services and networks in post-acute cases, healthcare distribution direct to patient homes, specialty consulting, and online education, as well as digital, print, and traditional marketing and more. VGM employs approximately 1,600 people across 42 states and Canada, with more than 1,100 working in Iowa. VGM has been named the Top Workplace in Iowa, Employer of Choice, and Best Place for Working Parents on multiple occasions and is proud of its role in the communities in which it serves. For more information visit www.vgmgroup.com. About Owlet, Inc. Owlet, Inc. (NYSE: OWLT), a leading pediatric health platform, is the only company in the world to offer U.S. FDA-cleared and internationally medically-certified wearable pediatric monitors, delivering hospital-grade technology directly in the home. Its award-winning pediatric products and innovative software combine clinically tested monitoring systems, an integrated video platform, and a simple, easy-to-use app, providing parents with real-time health insights to stay informed on their child's well-being, support restful sleep, and provide peace of mind anywhere. Since 2012, more than 2.5 million parents have trusted Owlet to monitor their children's well-being and sleep. This adoption has fueled one of the largest collections of pediatric health and sleep data in the world, powering innovations that bridge the critical gap between hospital and home. Owlet is driving a new standard in pediatric wellness by pairing advanced medical technology with consumer-friendly design. Its mission is simple yet ambitious: to give every baby and every family the best possible start in life. Learn more at www.owletcare.com and follow on LinkedIn and Instagram for company news and updates. Featured Blogs
Owlet, a New York-listed company, reported first-quarter results exceeding analyst expectations, with revenues of $23 million beating estimates by 8.4% and statutory losses of $0.12 per share coming in better than forecast. Following the results, five analysts have updated their forecasts for 2026, expecting revenues of $120.7 million, representing 13% growth from the past 12 months. This marks a slight reduction from previous estimates of $126.5 million. However, analysts now predict losses will narrow significantly to $0.35 per share, improving from earlier forecasts of $0.50 per share. The consensus price target remains unchanged at $13.75, with estimates ranging from $13.00 to $15.00. Analysts expect Owlet to achieve 17% annualised revenue growth through 2026, outpacing both its historical 4.7% growth and the industry average of 7.9%.
Owlet, a smart infant monitoring company, reported first quarter 2026 revenue of $22.5 million, up 6.4% from $21.1 million in the prior year period. The company achieved record quarterly subscription revenue of $2.7 million and gross margin of 54.5%, despite tariff impacts. However, Owlet posted a net loss of $3.3 million, compared to net income of $3.0 million in Q1 2025. Co-founder Kurt Workman has reassumed the CEO role to lead the company's evolution into a comprehensive paediatric health platform. The company now has over 115,000 paying subscribers and has launched Owlet OnCall, a paediatric telehealth service. Owlet updated its 2026 guidance, lowering revenue expectations to $118–122 million from $126–130 million, whilst raising adjusted EBITDA guidance to $7–9 million from $3–5 million.
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Industries
Hardware
Consumer Software
Healthcare
Consumer Goods
Company Size
201-500
Company Stage
IPO
Headquarters
Lehi, Utah
Founded
2013
Find jobs on Simplify and start your career today