Halo
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Halo - overview
Established
2018
Location
Plano, TX, US
Primary Industry
Consumer Products
About
Halo is a US-based company that protects animals using satellite technology, offering innovative solutions for pet containment and monitoring. Halo, founded in 2018 by Ken Ehrman and Michael Ehrman, is based in Plano, US. The company specializes in GPS-based pet containment systems. It has completed a total of 3 deals, with its most recent funding round on November 6, 2023, raising USD 2.
725 mn. This funding will support its expansion and product development efforts. Halo offers a wireless GPS dog fence solution through its flagship product, the Halo Collar. The collar utilizes patented GPS technology to establish invisible fences managed via a smartphone app, allowing pet owners to set safety boundaries effortlessly.
Users can create virtual fences at various locations, making it suitable for mobile pet owners. The collar provides customizable feedback options for training dogs and serves dog owners across North America and Europe, with over 200,000 dogs benefiting from its system. Halo generates revenue through direct-to-consumer sales of the Halo Collar and accessories, offering a subscription model for financing options. This pricing strategy reflects the collar's advanced technology and training capabilities, catering to individual consumers and potential B2B collaborations with retailers and dog training services.
In November 2023, Halo secured venture debt funding from Chicago Atlantic Group, which will be used to support its expansion and product development. The company is focused on launching upcoming products and expanding its market presence, specifically targeting regions in North America and Europe to reach a wider audience.
Current Investors
Chicago Atlantic
Primary Industry
Consumer Products
Sub Industries
Pet Products
Website
www.halocollar.com
Verticals
E-commerce, Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.