What does Somnee do?
Somnee is a sleep technology company that develops smart sleep headbands using clinically validated neuroscience and AI-powered neurotechnology. Its proprietary SmartSleep AI operating system offers personalized brain mapping, real-time monitoring, and AI-powered interventions to enhance sleep and overall neurological health.
How much did they raise?
The company raised $10M in Seed funding. The round was led by Khosla Ventures, with participation from investors such as Marc Benioff’s TIME Ventures, LEAD VC, the NBA Orlando Magic ownership group, Seaside Ventures, Nelstone Ventures, and Metalab.
What are their plans for the money?
Somnee plans to use the funds to launch the second generation of its smart sleep headband, which will leverage its SmartSleep AI to deliver highly personalized sleep interventions. This innovation has the potential to further improve sleep quality and neurological wellbeing for its users.
What have they achieved so far?
The company has already demonstrated success with its current headband, which has been proven to help users fall asleep faster, reduce nighttime awakenings, and enhance overall deep sleep quality.