Kryo, Inc.

Kryo, Inc. specializes in innovative sleep solutions, offering advanced temperature-regulating products designed to enhance sleep quality for users in North America and Europe. Founded in 2007, Kryo, Inc. operates out of Mooresville, US, focusing on creating sleep-enhancing technology.

The company has undergone strategic development to refine its product offerings in response to market needs. Notably, Kryo, Inc. completed a venture funding round in January 2019, raising an undisclosed amount from new investor Hedgewood. The company has a total of 1 deal recorded.

Kryo, Inc. offers a primary product, the Chilipad, a cooling mattress topper designed to regulate temperature through a chilled water circulation system, reaching as low as 55°F. This addresses common sleep issues like overheating. The Chilipad accommodates various mattress types and thicknesses and is complemented by the Chilipad Dock Pro, which features a sleep tracker that adjusts temperature based on sleep metrics.

The products target consumers in North America and Europe seeking personalized sleep solutions. Kryo, Inc. generates revenue primarily from direct-to-consumer sales of its Chilipad products and accessories, including the Chilipad Dock Pro and Sleep Tracker, through its online platform. The company offers various pricing models, including dual-zoned options for couples, and promotional discounts for new subscribers, enhancing customer engagement and sales.

Kryo, Inc. plans to expand its product line, focusing on the development of new sleep technology products scheduled for release in the near future. The company aims to penetrate additional markets and geographic regions, including specific targets beyond North America and Europe, by 2024. The funds raised in the January 2019 venture funding round will be utilized to support these initiatives and enhance product development efforts.