Owlet Business Summary

Owlet, Inc. (OWLT) operates as a leading pediatric health platform that generates revenue through a hybrid model of hardware transactions and recurring digital subscriptions. The company's primary business segments include its Consumer division, featuring the flagship FDA-cleared Dream Sock and the AI-integrated DreamSight camera; its Medical division, which offers the prescription-only BabySat pulse oximeter; and its Digital Services division, anchored by the Owlet360 subscription platform that provides personalized health and sleep insights. Owlet maintains a dominant market position as the only provider of an over-the-counter, FDA-cleared infant monitoring device, distinguishing itself from direct competitors such as Nanit, Snuza, and Miku by bridging the gap between consumer wellness and clinical-grade medical technology. Founded in 2012 by Kurt Workman, Zack Bomsta, and Jacob Colvin, the company is currently led by President and CEO Jonathan Harris, who assumed the role in October 2025 following a tenure as Chief Revenue Officer and leadership roles at GoPro and Roku. The executive team includes Chief Financial Officer Amanda Twede Crawford, a former finance leader at Swire Coca-Cola, and Chief Technology Officer Burc Sahinoglu, who brings three decades of engineering expertise from August Home and various startups. Owlet is backed by notable institutional investors including Trilogy Equity Partners, Eclipse Ventures, and ff Venture Capital, with a board of directors that features prominent industry figures such as Executive Chairman Kurt Workman and Lior Susan of Eclipse Ventures.