What is Cipher Skin?
Founded in 2014 and headquartered in Denver, Colorado, Cipher Skin specializes in body medical wearables designed to track movement and biometrics. The company leverages this technology to quantify human movement across rehabilitation, recovery, and performance contexts. By aggregating these measurements, Cipher Skin is constructing the world's first comprehensive database of integrated human data, positioning itself as a key player in health-tech analytics.
How much funding has Cipher Skin raised?
Cipher Skin has raised a total of $5M across 1 funding round:
Series A
$5M
Series A (2021): $5M with participation from Tribe Capital Growth Corp I, Boyett Group, TKC Capital, and Draper Capital
Key Investors in Cipher Skin
Tribe Capital Growth Corp I
Tribe Capital Growth Corp I is a special purpose acquisition company focused on business combinations, indicating a strategic interest in scaling companies.
Boyett Group
Boyett Group is an investor participating in this funding round, likely focused on strategic growth opportunities.
TKC Capital
TKC Capital is an investment firm contributing to Cipher Skin's latest funding, suggesting a focus on technology and data-driven ventures.
What's next for Cipher Skin?
The recent major strategic investment signals a pivotal growth phase for Cipher Skin. This capital infusion is expected to accelerate product development, expand market reach, and further enhance the company's data analytics capabilities. Cipher Skin is poised to solidify its leadership in quantifying human movement and building its unique integrated human data repository, likely focusing on scaling its enterprise solutions for healthcare and performance sectors.
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