# Sleep.FM

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sleep-fm

- Industry: Internet
- Headquarters: Philadelphia, US
- Website: www.sleep.fm
- Total disclosed funding: $0M
- Latest round: Seed (Sep 30, 2008)
- Investors on record: 1

## About

Sleep.FM is a digital platform dedicated to enhancing relaxation through calming audio experiences. It offers users a variety of soothing sounds aimed at promoting better sleep and overall mental wellness.Sleep.FM specializes in providing a unique audio streaming service focused on nature sounds designed to aid relaxation and sleep. The company is headquartered in Philadelphia, US. In September 2008, Sleep.FM successfully raised USD 0.020 mn in Seed funding from DreamIt Ventures, which has supported its operational activities.Sleep.FM primarily offers a free streaming service featuring over 1,000 nature sounds sourced from various locations around the globe. The platform provides immersive natural soundscapes and guided meditations, catering to individuals seeking relaxation, improved mental well-being, and a connection to nature. The nature sounds range from ocean waves and birdsong to other ambient noises, each curated to enhance the user experience, particularly for sleep and anxiety relief. Launched in 2022, Sleep.FM targets a diverse audience, including wellness enthusiasts, individuals dealing with anxiety, and those interested in holistic health practices. The service is accessible globally, allowing users from various geographical markets to experience its offerings without geographical limitations.The revenue model of Sleep.FM revolves around subscription fees that support the platform's growth and sustainability. Users can opt for individual memberships that grant access to additional features, including the ability to curate personalized playlists of nature sounds. This transaction structure is primarily B2C, as the service directly caters to individual consumers seeking calming audio experiences. The subscription fees contribute to expanding the library of nature sounds and funding research initiatives related to noise pollution and mental health. Sleep.FM's model emphasizes community engagement by providing opportunities for emerging nature sound recordists from underprivileged communities, aligning with its mission to foster a deeper connection with nature through sound.Sleep.FM aims to launch several new features designed to enhance user engagement and broaden its appeal in the wellness market. The company is also considering expanding into new geographical regions, specifically targeting European markets by the end of 2024. The recent funding of USD 0.020 mn will be utilized to support these developmental initiatives and strengthen its marketing efforts to attract a wider audience.

## Funding rounds

- Seed, Sep 30, 2008, $0M — DreamIt Ventures
- Seed, Mar 28, 2008 — DreamIt Ventures

## Investors

- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed