Stellar Sleep Raises $6M to Help End Sleeplessness With the First Digital Sleep Therapy Platform for Chronic Insomnia
Feb 06, 2024•over 1 year ago
Amount Raised
$6 Million
Investors
Goodwater8vdxScrum VenturesMoonfire VenturesSwitch VenturesLombardstreet VenturesY CombinatorInitialized Capital
Description
Stellar Sleep announced a $6 million seed round, led by Initialized Capital with participation from Y Combinator, Lombardstreet Ventures, Switch Ventures, Moonfire Ventures, Scrum Ventures, 8vdx and Goodwater. The seed funding represents a significant milestone for Stellar Sleep, providing the ability to further expand capacity and reach, as well as more comprehensive content and personalization of the user experience.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers