20 November 2019:
Remrise has raised $8.2 million in seed funding. The funding round was led by Founders Fund.
Additional investors including Felicis Ventures, Maverick Capital, Jerry Yang and AME Cloud Ventures, David Bell and Idea Farm Ventures, West Ventures, Signia Venture Partners, Jack Abraham, and co-founding investor, Atomic also participated in the funding round.
The company also unveiled its holistic sleep solution that helps people achieve better quality sleep.
Their solution combines the best of the East and the West offering rotational, personalized, plant-based formulas, combined with a dynamic suite of tools, including sleep tracking and meditation, to improve sleep over time, the company said in a statement.
Veronica Lee, CEO and Founder, Remrise, said,
“I struggled with sleep for years and tried everything on the market to help me fall asleep. I always felt terrible in the morning and groggy throughout the day.”
Veronica Lee, added, “I created Remrise to give people a natural alternative to prescription drugs and over the counter medicines. There is no one-size-fits-all fix for sleep problems, so our solution helps people develop a healthy sleep practice through personalized, natural aids and behavior change.”
Brian Singerman, Founders Fund partner and lead investor in Remrise, said, “Remrise is introducing a modern, holistic alternative to prescription sleep drugs. Remrise’s solution has the potential to provide health benefits beyond just one night of sleep to millions of people struggling with sleep.”
Remrise combines a full suite of digital tools through its mobile app, including sleep tracking and targeted content to improve sleep such as sleep meditation and behavioral content recommendations.
(Image – Remrise)