Nanit raises another $25M for its AI-powered baby monitor
Nanit’s nursery camera pairs computer vision with specially patterned clothing to help answer the question that most new parents ask themselves roughly every 90 seconds: “Is my baby still breathing?”
This morning the company is announcing that it has raised an additional $25 million in a Series C round led by GV.
As part of the deal, GV’s Frederique Dame will join Nanit’s board of directors.
The company raises this Series C on the momentum of a strong year. While declining to share exactly how many cameras the company had sold to date, Nanit CEO Sarah Dorsett tells me that camera sales were up 130% in 2020 versus 2019.