In NewsMarch 25, 20223 Minutes

Watcherr raises over €2M in funding round

Watcherr is pleased to announce that it has just closed its investment round with a total amounting to over €2M.

Several investors including private investors from the Business Angels Network (BAN) Flanders and Angelwise contributed to the investment round. Watcherr is currently active in Belgium, UK and Canada. The funds raised will help accelerate Watcherr’s sales and marketing efforts to expand internationally via trustworthy distributors.

Watcherr would also like to announce new changes within its senior management team. Erik Horemans will be joining the Watcherr team as Chief Executive Officer, and Piet Steenberghs will also be joining the team as Chief Financial Officer. Mr Horemans brings with him a wealth of experience in the tech industry, with a special focus of scaling startup teams within the software industry. Following his experience in financial audit at PWC, Mr Steenberghs has occupied various roles in finance in a variety of industries, and has recently shifted focus into tech and SaaS companies.

Watcherr has also brought in new board members, bringing in a large business network and years of experience in scaling companies.

“We are grateful to have received such positive feedback from investors during this round, aiding in our international expansion. It is an exciting time for the company as we continue to grow the business, and help to save lives thanks to our health distress system,” said Mr Horemans.

“It has been an honour to lead Watcherr together with the co-founders and such a great team,” said founder Nikolai Stevens. “We received numerous awards in different areas around the world and are quickly expanding in Europe, Canada and the UK. Due to the rapid expansion, we decided to get an experienced CEO to steer Watcherr in its international journey,” he continued.

Watcherr provides a plug-and-play health distress system using Bluetooth and mobile technology for a variety of industries. The system continuously monitors the user and triggers an alert via its mobile application when the user initiates an alarm or when an irregular pattern/activity has been detected.

Features such as location tracking and geofencing (indoors and outdoors), two-way voice communication, and heart rate monitoring are combined in one waterproof wearable device that can be charged on the go.