Raise closed, search for fresh raises on Seedstage

Wilmington, DE

Raising funds to scale production, enhance AI technology, and expand MYLO’s presence in residential and commercial pool safety markets.

• Industry-Leading Safety Innovation: MYLO is the first AI drowning detection system to meet ASTM F3698 global standards.
• Strong Market Position: Over 1,000 units sold with $1M+ in revenue, proving demand for the product.
• Strategic Partnerships: Backed by Fluidra and positioned for expansion into hotels, water parks, and commercial pools.
• Scalability & Growth: Plans to transition to a recurring revenue model in 2026 for long-term profitability.
• Global Market Potential: Targeting the $20B+ pool industry with a patented, AI-driven safety solution.
• High Media Visibility: Featured by major news outlets like KTLA, CBS, and NBC, showcasing MYLO’s impact.
• Life-Saving Technology: Designed to detect drownings in real time, helping prevent pool-related tragedies.

Coral Smart Pool is raising funds to scale production and expand the reach of its AI-powered drowning detection system, MYLO. With pool-related accidents remaining a leading cause of preventable deaths, Coral’s patented technology provides real-time monitoring and alerts, ensuring swimmers’ safety. This investment will help increase manufacturing capacity, enhance AI capabilities, and grow sales and marketing efforts to accelerate adoption in both residential and commercial markets. By strengthening partnerships with insurers, hotels, and water parks, Coral aims to establish MYLO as the industry standard in pool safety.

The fundraising effort will also support the transition to a subscription-based revenue model in 2026, making MYLO more accessible to millions of households. With $6 million already secured, including backing from industry leader Fluidra, Coral is positioned for rapid growth in the $20 billion global pool safety market. As ASTM F3698 regulations gain traction, MYLO is set to become the required safety solution for pools worldwide. Investors have the opportunity to be part of a company redefining pool safety with cutting-edge AI technology and a clear vision for market dominance.

Company Info

Coral Smart Pool provides AI-powered drowning detection and pool monitoring, revolutionizing safety for residential and commercial pools.

Coral Smart Pool is an AI-powered drowning detection system designed to enhance pool safety by providing real-time monitoring and alerts. Unlike traditional pool alarms that focus solely on preventing access, MYLO™ by Coral actively monitors swimmers in the water, using advanced computer vision technology to detect potential drownings before they occur. This system, often compared to a “Ring for Pools,” leverages an onboard Nvidia processor for rapid, reliable detection and features a triple alert system to ensure no emergency is overlooked. With patents secured in the United States, EU, and Australia, and compliance with ASTM F3698, MYLO is setting a new industry standard for pool safety.

Coral Smart Pool is rapidly expanding within the $20 billion global pool market, targeting both residential and commercial applications, including hotels, water parks, and other pool-equipped facilities. The company has already generated over $1 million in revenue, selling more than 1,000 MYLO units, and is backed by industry leaders like Fluidra. Coral plans to scale its business through a direct-to-consumer and B2B model, with future plans to introduce a subscription-based revenue system. Additionally, the company is developing technology to optimize pool maintenance, further positioning itself as an all-in-one smart pool ecosystem. With increasing regulations and demand for enhanced safety, Coral is on track to become a dominant player in pool security.