Somnee Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
14
- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$10M
- Investors
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13
Somnee General Information
Description
Developer of a diagnostic and therapeutic wearable technology designed to improve sleep quality and efficiency and create better sleep through neuroscience. The company's system uses multi-modal brain stimulation that is personalized for individuals to give efficacious improvements to the sleep cycle, enabling customers to improve memory and cognitive performance.
Contact Information
Website
www.somneesleep.comCorporate Office
- 2115 Milvia Street
- Suite 400
- Berkeley, CA 94704
- United States
Corporate Office
- 2115 Milvia Street
- Suite 400
- Berkeley, CA 94704
- United States
Somnee Timeline
Somnee Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Seed Round | 10-Sep-2025 | $10M | Completed | Generating Revenue | ||
| 4. Accelerator/Incubator | 05-Feb-2025 | Completed | Generating Revenue | |||
| 3. Product Crowdfunding | Completed | Generating Revenue | ||||
| 2. Seed Round | 05-Dec-2022 | $8.3M | $14.3M | Completed | Generating Revenue | |
| 1. Seed Round | 05-Apr-2021 | $6M | $6M | Completed | Product In Beta Test |
Somnee Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed 4C | ||||||||
| Seed 4B | ||||||||
| Seed 4A | ||||||||
| Seed 3B | ||||||||
| Seed 3A | ||||||||
| Seed 2B | ||||||||
| Seed 2A | 25,487,448 | 8% | $0.08 | $0.08 | 1x | $0.08 | 5.26% | |
| Seed-1 | 18,331,805 | 8% | $0.11 | $0.11 | 1x | $0.11 | 3.79% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Somnee Comparisons
Industry
Financing
Details
Somnee Competitors (1)
One of Somnee’s competitors is Elemind, a Venture Capital-Backed company based in Cambridge, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Elemind | Venture Capital-Backed | Cambridge, MA |
Somnee Patents
Somnee Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-244388-S | Brain stimulation device | Active | 23-Jun-2025 | ||
| US-D1146037-S1 | Brain stimulation device | Active | 23-Jun-2025 | ||
| CA-243192-S | Display screen with graphical user interface | Active | 31-Mar-2025 | ||
| CA-251123-S | Display screen with graphical user interface | Active | 31-Mar-2025 | ||
| CA-251125-S | Display screen with graphical user interface | Active | 31-Mar-2025 |
Somnee Signals
Somnee Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Devos Group | Corporation | Minority | ||
| LEAD | Venture Capital | Minority | ||
| Metalab | VC-Backed Company | Minority | ||
| Natural Bridge Ventures | Corporate Venture Capital | Minority | ||
| Nelstone Ventures | Venture Capital | Minority |
Somnee FAQs
-
When was Somnee founded?
Somnee was founded in 2017.
-
Where is Somnee headquartered?
Somnee is headquartered in Berkeley, CA.
-
What is the size of Somnee?
Somnee has 14 total employees.
-
What industry is Somnee in?
Somnee’s primary industry is Therapeutic Devices.
-
Is Somnee a private or public company?
Somnee is a Private company.
-
What is Somnee’s current revenue?
The current revenue for Somnee is .
-
How much funding has Somnee raised over time?
Somnee has raised $24.3M.
-
Who are Somnee’s investors?
Devos Group, LEAD, Metalab, Natural Bridge Ventures, and Nelstone Ventures are 5 of 13 investors who have invested in Somnee.
-
Who are Somnee’s competitors?
Elemind is a competitor of Somnee.
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