Think about all the factors that could interfere with a good night’s sleep - stress, responsibilities, illness, or perhaps one last episode on Netflix. This week’s startup can’t help you with the last one, but is working to help you learn about your sleep.
⚾ The Elevator Pitch:
Sleeping difficulty is common - every other person has complained about it at some point in their life. Not getting proper sleep affects both your physical and mental health, and leads to problems such as headaches, daytime fatigue, irritability, and laziness. And now that we have a habit of scrolling our social profiles at night - it’s getting harder and harder for one to control one’s sleep.
Rise Science is on a mission to turn sleep technology on its head through meticulous tracking. Instead of giving you data on when to sleep, the Rise app shows you the peaks of your energy levels, sleep debt, circadian rhythms; and suggests how you can boost energy and get the most productivity.
👇 The Drop Down
Stage: Series A
Tech Trend: Healthcare
Traction: $15.5 million in funding, led by Goodwater Capital, 30,000+ app install, Featured on Crunchbase.
Team: Researchers and Techstars graduate
Jeff Kahn (CEO) | Leon Sasson (CTO) | Lola Feiger (HOM)
🔍 Our analysis
- 😴 When Sleep Meets High-tech
The RISE app is developed by following two laws of sleep science: sleep debt - which refers to how much sleep your body actually needs, and Circadian rhythm - which predicts your daily energy schedule. RISE analyzes this data through handheld devices or your smartphone motion sensor to show a timeline of peaks and dips in your overall energy.
- 📱 RISE supports a variety of different devices
The app is compatible with most major wearable brands e.g, Apple Watch, Garmin, Fitbit, and Oura. It can perfectly sync the data and provide accurate insights. And in case you don’t have a wearable device, the App uses your smartphone motion sensor. “I use this app throughout the day on my smartphone to have a better sense of when to go out, when to walk, clear my head or do some other stuff”, says Chi-Hua Chien, co-founder of the leading fundraiser Goodwater Capital.
- 💤 Sleep Technology Space is a noisy one
Approximately $430 billion are spent each year on different sleep programs to help people get optimal sleep. By the end of 2024, the sector is expected to grow by $585 billion as per Statista. Since the beginning of 2016, many investors have shown their interest in the sleep technology, but none has perfectly optimized it - at least in terms of the research and all that data. We’re interested to see how Rise cuts through the noise.
🤝 Get involved with Rise
- Download Rise App from Google Play or App Store
- Read Amazing Sleep guide and analysis
- Follow their Blog Section and Twitter to get some amazing tips