Stellar Sleep

Health Care, Mobile Apps

Author

Peniel Keme Kitoko
May 13, 2024 • Estimated Reading Time: 3 minutes

🌎🌍🌏| North America Monday

Learn How to Sleep Again.

  Problem

  • Market Potential: Poor sleep habits in the U.S. impact health and economy, leading to heart disease and depression.

  • Challenge: Many suffer from chronic insomnia, underserved by existing sleep apps and facing long clinic waitlists.

  • Lacking Tool: Existing apps target occasional sleep issues, not chronic insomnia's deep-rooted psychological causes.

    • Extra Barriers: Insomnia sufferers face long waitlists for therapy, limited options beyond medication, and high costs.

This issue's Startup equips chronic insomnia sufferers with a disruptive digital solution.

  Solution

Stellar Sleep

Stellar Sleep introduces a pioneering app using psychology-based methods to tackle chronic insomnia.

How: Stellar Sleep combines cognitive behavior therapy, acceptance, and commitment therapy to address root causes.

  • Platform: Users engage through an interactive program, tailored daily, and personalized based on sleep statistics.

  • Target: Chronic insomnia sufferers seeking effective, non-medicated solutions for their sleep problems.

  • Resolving: Stellar Sleep targets chronic insomnia's psychological roots, being an alternative to medication.

Product Demonstration

  Company Info

  • Industry: Health Care, Mobile Apps

  • Business Model: Subscription-Based, B2C

  • HQ: San Francisco, California, United States

  • Founding Year: 2022

  • Employee Count: 11-50

  • Investors: Y Combinator, 8vdX, Moonfire Ventures, Scrum Ventures, Initialized Capital

  • Funding Amount: $6,000,000

  Traction

  •   500 users found Stellar 50% more effective than sleeping pills

  •   App launched in 2023 & is helping over 10,000 users improve sleep

  •   Over $3.700 in cost savings for each eligible employee over 2 years

  Competition Advantages

  • Uses psychology-based methods

  • Personalized daily programs based on user's sleep statistics

  • Clinical assessment showed 50% more effectiveness

  Founders

  • George Wang, Co-founder & CEO

  • Edrei Chua, Co-founder & CTO

  Job Opportunities & Contact

  • Hiring Status: Active

  • Contact Information:

    • https://www.linkedin.com/company/stellar-sleep

    • www.stellarsleep.com

  Why Invest by George

❝

Ooh-ooh-ahh-ahh! Stellar Sleep fixes monkey sleep problems! Goodbye insomnia, hello banana dreams!

🐵

- George Capuchinski -

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Cheers,

Peniel Keme Kitoko

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