Embr Labs makes the Embr Wave® wristband, a patented wearable that delivers precisely calibrated cooling or warming sensations to provide instant, discreet control over hot flashes and related menopause symptoms. Led by CEO Elizabeth Gazda and based in Boston, MA, the company markets the device through major retail and distribution partners. Embr Wave is available at Costco, Sam’s Club, Walmart, FSA Store and HSA Store, BestBuy, and Target, and the company plans to launch in additional retailers in the US and UK by year-end. The company raised $35m in an intellectual property‑based debt financing to support its consumer growth strategy. Embr intends to use the funds to accelerate retail and geographic expansion. The round was led by GT Investment Partners in collaboration with Aon plc. Embr Labs makes the Wave bracelet, a wearable that delivers algorithmically-designed, patented thermal waveforms to cool or warm temperature-sensitive nerves. Founded by three engineers in a cold lab at MIT and led by CEO Elizabeth Gazda, the company launched the Wave in September 2017 and has sold tens of thousands of devices since. Embr plans to grow its presence in wellness and digital therapeutics, accelerate development of the next generation of its core technology platform, and validate new use cases in thermal wellness. The company is based in Cambridge, MA. Financially, Embr raised $6M in a Series B to support those efforts.

Total raised

$41M

Funding rounds

2

Latest round

Debt Financing

Latest activity

May 2023