ASHEVILLE – Elite HRV, an Asheville-headquartered startup, has raised more than $6 million in equity financing, according to an SEC filing.
And more could be on the way, as the filing’s stated total offering amount is in excess of $8 million.
The company, which developed and now operates a heart rate variability application, often abbreviated as “HRV,” hence the company’s name, had raised $4.5 million by April of 2021.
The company’s latest funding round includes participation from 13 investors, according to the filing.
HRV co-founder and CEO Jason Moore declined to comment on the funding following a request for comment.
However, Moore noted that the company will “have some more fun things to announce soon” in responding by email to WRAL TechWire’s inquiry.
Moore’s LinkedIn profile indicates that the company may have changed its name to Spren, and the Elite HRV website notes Spren as a new “B2B solution” along the menu navigation bar.
“Easily embed HRV into any app with Spren,” a top banner of the company’s website reads. And a linked website states that “Spren seamlessly integrates with health, wellness, and fitness products to deliver scientifically-backed insights to your users.”
EliteHRV raises $4.5M from investors across the globe, plans deployment of new “stealth” tech
