SAN FRANCISCO, CA--(Marketwired - Dec 13, 2016) - BreezoMeter, the leading global air quality analytics provider, today announces the closing of $3 million in series A fundraising. Funding was led by Phi Square Holdings, and Entrée Capital, Launchpad Digital Health and SeediL participated in the financing. BreezoMeter is using the funding to expand its air quality data access globally. The company also plans to launch an entirely new line of products with the goal of democratizing air quality data and helping businesses provide every human with knowledge about the air quality around them at all times in their day-to-day lives. With its global expansion and extended product line, BreezoMeter is exploring new markets to make its personalized data available to more consumers in real time.
"More than 80 percent of cities exceed the World Health Organization's acceptable air quality standards and 92 percent of the world's population breathes unhealthy air. Providing accurate air quality data, down to the city block, is vitally important for our health and wellbeing, and BreezoMeter is leading the industry," said Martin Rosenbaum of Phi Square Holdings. "BreezoMeter is changing our way of seeing and analyzing air quality, pioneering a wide array of use cases, from smart homes to cosmetics, opening the door for future collaborations impacting our daily routines."
By providing the most accurate air quality data, up to the city-block worldwide, BreezoMeter is helping businesses and consumers make informed decisions about how air quality impacts their health by combining the data with other information sources including weather, satellites and traffic patterns. The data is easily integrated, via API, into technologies, such as wearable devices, providing continuous access to outside surroundings. Customers include Dyson, Veolia, Cisco, Motorola Solutions, Current (Powered by GE), Onboard Informatics and more.
"Air pollution is the single biggest environmental health crisis we face, and it has no boundaries," says Ran Korber, co-founder & CEO of BreezoMeter. "This funding round will enable us to expand our offerings to reach additional markets with new and innovative products. Our goal is to help corporations to provide meaningful data and actionable recommendations to keep their customers healthy."
BreezoMeter was recently selected by Unreasonable Group and Barclays to join the Unreasonable Impact program for future green economy leaders, due to the projected 500 jobs the company will add to the emerging green economy within the next five years. For more information about BreezoMeter, visit https://breezometer.com/, and for a video showcasing the company's integrated use cases, visit https://youtu.be/On21zfxA6vA.
BreezoMeter, the world's leading real-time air quality analytics provider, is helping more than 50 million people in 35 countries improve their health and quality of life by providing simple, intuitive and actionable air pollution data. Derived from governmental sensors, satellites, weather patterns, transportation dynamics and other sources, BreezoMeter provides users with accurate and precise air quality data, including pollutant concentrations and forecast, up to the city block. The company offers its data as a service via API to enterprises, from smart home, fitness, cosmetics, and automotive companies to health technology brands.
About Phi Square Holdings
Phi Square Holdings SA is a proprietary investment company based in Luxembourg, following strategies which offer high growth potential while displaying very low correlation to global markets; strategies that do not yet, or may no longer, attract mass capital. Information is at the heart of its investment approach, both as a means and as an objective, both as a guide and a subject of study.
About Entrée Capital
Entrée Capital is a European based venture firm that provides multi stage funding for innovative seed, early and growth stage companies all over the world. For more information, visit www.entreecap.com