Spike, a Palo Alto, CA-based provider of an API aggregation and an ETL solution for data from wearables and IoT devices, raised $700K in Pre-Seed funding.
The round was led by Geek Ventures, with participation from CEAS Investments and APX.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by CEO Povilas Gudzius, Spike is a B2B data technology and artificial intelligence (AI) startup which provides API aggregation, data pipeline management (ETL), and an AI-backed solution to empower health data from wearables and IoT devices. Spike services clients in the digital health, professional fitness, insurance, and automation sectors. Using these solutions, businesses can integrate data from commercially used optical, electrical, electrochemical, and electromechanical sensor types. These devices extract biometric data such as heart rate variability (HRV), glucose and cortisol levels, calories, sleep depth, blood pressure, and more. Spike imports these metrics directly into clients’ cloud via a managed ETL service while providing AI tools for health-related prediction, recommendation, and prevention.
FinSMEs
16/12/2022