Children’s ‘Scheduling Watch’ Raises $1.5M in Seed Round

Financing

Children’s ‘Scheduling Watch’ Raises $1.5M in Seed Round

Jan 4, 2017

OCTOPUS: Big Brother may be watching you—in the form of a watch. Octopus an “interactive scheduling watch” made by edtech company JOY, has raised $1.5 million in a seed round. The funding comes after the company already crowdsourced nearly $1 million in 2016, and will help fund the company’s children’s wearable product.

According to its website, Octopus “gamifies the child’s daily routine” by reminding kids about a task they must complete, such as brushing their teeth, with a vibration and an icon that appears on the watch screen. Once the task has been completed, the child can clear the icon and receive a digital badge.

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