# Somni Corporation

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

- Industry: Healthcare IT
- Headquarters: Madison, US
- Website: www.puresomni.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Mar 30, 2018)
- Investors on record: 1

## About

Somni Corporation focuses on enhancing sleep quality and overall well-being through tailored programs and premium products designed for consumers and organizations alike.Somni Corporation, founded in 2014 in Madison, US, specializes in sleep improvement. The company was co-founded by Matt Berg and Ryan Gannett. In March 2018, Somni raised USD 0.15 mn in Seed funding from Jumpstart Health Investors, bringing the total amount raised to USD 0.15 mn.Somni specializes in sleep improvement through comprehensive programs and products designed to enhance overall health and well-being. The company’s core offerings include personalized sleep programs, behavioral sleep medicine strategies, and premium science-backed products aimed at establishing sustainable sleep routines. These programs begin with the Foundation of Sleep content track, allowing users to embark on a tailored journey, utilizing analytic tools to monitor and assess their sleep patterns. The services target both individual consumers and organizational clients, including corporations and sports teams, with a focus on improving sleep quality and recovery. Somni markets its solutions primarily in North America, Europe, and select regions in Asia, catering to a diverse clientele seeking better sleep solutions.Somni generates revenue through a combination of subscription-based services and direct sales of sleep-related products. Clients engage in partnerships or subscriptions that provide access to personalized coaching, sleep programs, and analytic tools for a sustained period, typically spanning three months. The company also offers flagship products designed for environmental enhancement of sleep without reliance on pharmaceuticals, which are shipped directly to consumers. Revenue streams are bolstered by B2B arrangements with organizations that seek to improve employee well-being, significantly reducing costs associated with sleep deprivation. Through these structured transactions, clients benefit from specialized guidance and products tailored to their unique sleep challenges.In March 2018, Somni Corporation raised USD 0.15 mn in Seed funding from Jumpstart Health Investors. The company plans to utilize this funding to enhance its product offerings aimed at improving sleep quality. Somni is designing new sleep improvement solutions targeting both individual consumers and corporate clients, with an emphasis on launching these products by the end of 2023. Additionally, the company aims to expand its market presence in Asia and Europe, with specific focus on penetrating emerging markets in Southeast Asia and Eastern Europe by mid-2024.

## Funding rounds

- Seed, Mar 30, 2018, $0.1M — Jumpstart Health Investors

## Investors

- Jumpstart Health Investors (https://capitalatlas.ai/funds/jumpstart-health-investors) — Seed