# ASLEEP

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asleep

- Industry: Healthcare IT
- Headquarters: Seoul, South Korea
- Website: www.asleep.ai
- Total disclosed funding: $15M
- Latest round: Series B (Mar 31, 2022)
- Investors on record: 5

## About

Based in South Korea, and founded in 2020 by its CEO, Lee Dong-heon, ASLEEP operates as a sleep tracking technology that provides sleep monitoring and management solutions. In March 2022, ASLEEP raised KRW 16 billion in series B funding from returning investors InterVest and Kakao Ventures and new investors KEB Hana Bank and Samsung Venture Investment.

ASLEEP offers an AI (artificial intelligence) based Wi-Fi sensing technology that tracks breathing movements and sleep movements during sleep. The company also provides a sleep life care application that uses a smart alarm for rapid eye movement (REM) sleep cycle management. The company’s API (application programming interface) that connects with products such as mattresses, home appliances, and AI (artificial intelligence) speakers has been verified by hospitals in Korea.

The company plans to use the March 2022 funding to grow at a faster pace through collaboration with others and introduce a sleep analysis mobile application.

## Funding rounds

- Series B, Mar 31, 2022, $13M — Hana Bank, InterVest, Samsung Venture Investment, Kakao Ventures
- Series A, May 25, 2021, $1.6M — InterVest, Kakao Ventures
- Seed, Mar 1, 2021 — Kakao Ventures, Korea Tech Incubator for Startup

## Investors

- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Seed, Series A, Series B
- Korea Tech Incubator for Startup — Seed
- InterVest (https://capitalatlas.ai/funds/intervest) — Series A, Series B
- Hana Bank — Series B
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series B