1/8/2024 0 Comments Waggle temp monitorThe RV market is seeing tailwinds due to the pandemic, as RVing is considered the safest mode of transportation for outdoor recreation. Over 15M Americans use an RV at least once in a year and this trend is increasing given the current social distancing safeguards created by the COVID-19 pandemic. households own an RV and there are currently 5M RV owners who travel with their dogs. Despite the global pandemic, Siva and his team were able to work with us to create an opportunity that will give Waggle the opportunity to thrive for years." Matthew Cavnar, Founder, Waggle commented, "The first time I met Siva, I knew that he understood what we wanted to do at Waggle and would offer the brand and its fans the right home to grow and expand our educational and entertaining mission. Waggle is backed by top venture capital funds, including Lowercase Capital and Raine Ventures, and creative agencies such as UTA. Waggle was created by Broadway Video Ventures, the digital media arm of Broadway Video (production company behind SNL, The Tonight Show Starring Jimmy Fallon, etc.). The social platform has more than 8M active users, 25M monthly users and clocks over 200M minutes of monthly video views. Waggle Inc, founded in 2016 is a fast-growing online community of pet owners for video distribution of animal content and email newsletters targeting city-specific dog owners with relevant information and events in their area. With Waggle, we see the opportunity to give people a community and home centered on the love they have for their pets, and bring them real, tangible benefits for participating." Bringing Waggle into the Nimble home allows us to continue their mission of informing and entertaining while also providing their audience with personalized access to the pet monitoring solutions we've demonstrated that they love. Waggle has a unique expertise in telling a fun and appealing story and reaching a wide audience. We are passionate about using technology to enhance the quality of pets' life. We envision a world where every pet is healthy, safe, fit and cared for. Speaking on the acquisition, Siva Sivakumar, CEO and Founder, Nimble said, "Technology for pets is moving extremely fast. The App also features personalized pet services finder, learn & share pet parent community, a pet health record management, and other furry fun features. It enables pet parents to set goals to track the progress of their dog's fitness levels, get health insights, call a Vet through its first-of-its-kind mobile app. Another innovative product just launched by Nimble is the Furbit, a wearable health tracker for dogs that can monitor their location and activities. The company builds innovative IoT products and their flagship product, the Nimble Pet Monitor, tracks the dog's environment temperature, humidity and location and alerts the pet parents if the dog is in an inhospitable environment. Nimble, founded by Siva Sivakumar, is targeting the $70B+ US pet market with state-of-the-art IoT enabled products that address the safety, fitness and health of pets. The company has over 10,000 customers across the US and aims to grow 100X in the next 18 months. The acquisition will further boost Nimble's growing customer base through Waggle's vast social media network. Nimble's solutions feature innovative pet sensors & wearables and industry's first cloud-based mobile app that serves as a one-stop solution for pet health, safety and fitness. The company has also announced that Waggle founder Matthew Cavnarwill stay on board as an advisor to support Nimble. ![]() ![]() PALO ALTO, California, J/PRNewswire/ - Nimble, a pet tech company, announced the acquisition of Waggle Ventures Inc, a social platform for pet owners.
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