# Earable

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

- Industry: Healthcare IT
- Headquarters: Boulder, US
- Website: www.earable.ai
- Total disclosed funding: $12M
- Latest round: Seed (Oct 31, 2021)
- Investors on record: 3

## About

Earable Inc. is a technology company specializing in sleep enhancement solutions through wearable devices. Their flagship product, the FRENZ Brainband, combines innovative features to help users improve sleep quality and manage sleep-related challenges.Earable Inc. was founded in 2018 and is headquartered in Boulder, US. The company focuses on developing wearable technology to improve sleep quality. The founder, Tam Vu, has been involved in prior entrepreneurial endeavors. In October 2021, the company raised USD 9.5 mn in Seed funding co-led by Smilegate Investment. The total amount raised to date is also USD 9.5 mn, with a current company valuation of USD 14.594 mn.Earable Inc. offers the FRENZ Brainband, a wearable device engineered to enhance sleep quality. Utilizing real-time sleep scoring and bone conduction technology, the brainband provides personalized Cognitive Behavioral Therapy (CBT) audio sessions to help users with sleep issues such as insomnia. The accompanying FRENZ mobile app personalizes audio therapy based on user data and is designed for all adult head sizes and sleep positions. The FRENZ Brainband is available for shipping within the United States and internationally upon request.The FRENZ Brainband is priced at USD 680 and is sold directly to consumers. Earable Inc. employs a direct-to-consumer sales model, allowing customers to purchase the device outright or through a subscription service called "Rent a FRENZ," which includes a lifetime warranty and flexibility in receiving device replacements. This model aims to enhance user adoption while generating revenue through direct sales and subscription services.Earable Inc. plans to utilize its most recent funding of USD 9.5 mn, secured in October 2021, to develop and introduce a new wearable headset designed to improve both sleep and productivity. The company aims to expand its product offerings and enhance its market presence, with targeted efforts to reach new geographic regions and demographics.

## Funding rounds

- Seed, Oct 31, 2021, $9.5M — Founders Fund, Smilegate Investment
- Seed, Jul 26, 2019, $2.1M — Founders Fund, 500 Global, Smilegate Investment

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Seed