# Hancock Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hancock-medical

- Industry: Medical Devices & Equipment
- Headquarters: Mountain View, US
- Website: www.beddrsleep.com
- Total disclosed funding: $5.6M
- Latest round: Series A (Jul 24, 2018)
- Investors on record: 4

## About

Hancock Medical, Inc. is dedicated to enhancing sleep quality through innovative technology solutions that address sleep-related health issues, improving patient outcomes and overall wellbeing.Founded in 2016 and headquartered in Mountain View, US, Hancock Medical, Inc. focuses on developing technology-driven solutions for sleep health. The company raised USD 5.6 mn in Series A funding on July 24, 2018, led by Three Leaf Ventures, with additional investments from Delta Dental, IT-Farm, and Stanford-StartX Fund. This round of funding was crucial for the company's operational expansion and product development initiatives. The founder's history and previous ventures are not publicly available.Hancock Medical, Inc. specializes in innovative technologies for sleep health management, offering products aimed at improving sleep quality and health monitoring. Their flagship offerings include software solutions that integrate advanced analytics to assess sleep patterns and provide actionable insights for healthcare providers and patients alike. This platform has been adopted by various healthcare facilities and individuals seeking solutions for sleep disorders, demonstrating its versatility across different user needs.The company generates revenue primarily through a subscription-based model, with clients engaging in annual contracts that ensure access to their comprehensive software solutions. This model includes tiered pricing to accommodate different user access levels and service features. Additionally, Hancock Medical partners with healthcare institutions and distributors to broaden its market reach and enhance revenue streams through specialized features tailored to clients' needs.Following the recent Series A funding round in July 2018, Hancock Medical, Inc. intends to accelerate product development and expand its market presence. The company is focused on designing new products aimed at enhancing sleep health, with anticipated launches in the coming year. Additionally, there are plans to enter new international markets, particularly in Europe and Asia, by the end of 2023, utilizing the raised funds to support these strategic initiatives. This will enable the company to reach a broader client base and enhance service delivery in diverse geographical regions.

## Funding rounds

- Series A, Jul 24, 2018, $5.6M — IT-Farm Corporation, Delta Dental, Three Leaf Ventures, Stanford-StartX Fund

## Investors

- IT-Farm Corporation (https://capitalatlas.ai/funds/it-farm-corporation) — Series A
- Delta Dental — Series A
- Three Leaf Ventures (https://capitalatlas.ai/funds/three-leaf-ventures) — Series A
- Stanford-StartX Fund — Series A