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Submission: On June 07 via api from US — Scanned from DE
Effective URL: https://wefunder.com/sensate
Submission: On June 07 via api from US — Scanned from DE
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saving classname here bc not compiling for capitalize * Entdecken * * Erstellen Raise Money * Learn * Anmelden Registrieren * Login * Signup -------------------------------------------------------------------------------- * Explore startups * Raise Money * Learn * Investoren-FAQ * Investor School -------------------------------------------------------------------------------- * Gründer-FAQ * Fundraising Playbook -------------------------------------------------------------------------------- * Blog * Earn up to $10,000 INVESTIERE IN SENSATE PATENTED, RESEARCH-BACKED STRESS-RELIEF DEVICE CREATING A PARADIGM SHIFT IN THE $5T WELLNESS MARKET Teilen TEILE ES MIT DEINEM NETZWERK Hilf Sensate dabei, diese Finanzierungsrunde erfolgreich abzuschließen 2.966.056 $ von einem 3.370.000 $ Ziel INVEST min 250 $ $ Investieren Beachte Updates INVESTITIONSBEDINGUNGEN Priced Round 18 Mio. $ Pre-Money-Bewertung Investor:in Vorteile: 500 $, 1.000 $, 2.500 $, 3.000 $, 5.000 $, 10.000 $, 25.000 $, 250.000 $ Wenn Du investierst, setzt Du darauf, dass Sensate in der Zukunft mehr wert sein wird als 18 Mio. $. Erfahre mehr über Equity Fundraising. getsensate.com Camden, DE Technology Female Founder Hardware Ecommerce Retail Übersicht Details Updates 57 Was die Community sagt 224 Stell eine Frage. 113 HÖHEPUNKTE VC-Backed Raised $250K or more from a venture firm 1 $5.32M revenues in 2023, Sold in 50+ countries 2 “A genius device” by Forbes & TIME Best Invention of 2022 3 58 million+ Sensate minutes delivered globally 4 Backed by 9 venture funds incl. TenOneTen, Unlock, Incisive, Expert DOJO & Dangerous 5 Selling D2C + in world-class retailers including Harrod’s, BestBuy & Amazon 6 82% of users report decrease in stress after 28 days with Sensate, average decrease 48% 7 Featured in TIME, BBC, Forbes, People, Buzzfeed, Vogue & more Show more FEATURED INVESTORS Unlock Venture Partners Invested 930.000 $ Investierte 25.000 $ in dieser Runde & 905.000 $ zuvor Follow Invested 930.000 $ Investierte 25.000 $ in dieser Runde & 905.000 $ zuvor unlockvp.com unlockvp.com -------------------------------------------------------------------------------- Sanjay Reddy, Co-Founding Partner “Investing in Sensate has been an incredible journey as we witnessed the company's rapid growth in addressing the major global stress epidemic that was materially exacerbated by the advent of Covid. Under Anna Gudmundson's leadership, Sensate has achieved remarkable expansion, diversifying its revenue streams and successfully launching in global markets. Their deep understanding of consumer needs positions Sensate as a leader in the wellness industry. Unlock Venture Partners, based on the wes...” Read More Martin Tobias Invested 170.000 $ Investierte 25.000 $ in dieser Runde & 145.000 $ zuvor Notable Investor Follow Invested 170.000 $ Investierte 25.000 $ in dieser Runde & 145.000 $ zuvor Founder of Incisive Ventures. Over decades of investing, I have identified seven meta themes and developed a screening process that successfully identified outlier companies and founders. I am a serial entrepreneur & 3x venture-backed CEO. incisive.vc Notable Investor Founder of Incisive Ventures. Over decades of investing, I have identified seven meta themes and developed a screening process that successfully identified outlier companies and founders. I am a serial entrepreneur & 3x venture-backed CEO. incisive.vc -------------------------------------------------------------------------------- Martin Tobias, Founder, Incisive Ventures “Stress and anxiety reduction is something I have been looking into for over a decade. Sensate is one of the few products to have bubbled to the top of the list. I have seen the product’s impact in my own life as well as the impressive market validation and investor validation from other smart investors. My network of health and wellness contacts built as CEO of Upgrade Labs is a perfect compliment for Sensate. I have already connected them to Dave Asprey (father of Biohacking, founder of Bulletproof), who is a big fan of the product and has driven substantial sales their way. Given my personal experience with the product, long-term relationship with CEO and investors, the traction, and the strong business model, I am excited to support Sensate.” See more investor reviews UNSER TEAM Anna Gudmundson CEO & Co-founder Anna is an established business leader with over 20 years in exponential technologies. Previous experience includes early stage as well as bluechip such as Lucent Technologies, and turn-around CEO. Stefan Chmelik Creator & Co-founder An integrated medicine physician and founder of New Medicine Group in London’s world-famous Harley Street, Stefan created a world-class team with 300 years of combined clinical excellence specializing in complex stress and mental health issues. Eddy Vaisberg CFO Eddy spent 5 years at BCG, focusing on consumer products and finance. He went on to found 3 companies, raising $15M+ in VC. In addition to CFO at Sensate he is also the founder of the VC fund MindEd Ventures. Massimiliano BariolaCTO Massimiliano pioneered mobile fleet tracking and patented technology for human-machine interfaces. His 20+ years in tech includes leading TISCALI's automotive Web Portal Project (10 countries, 8 languages). Mary Hendra CoS Mary has 25+ years in hiring and leading teams. Mary has been an executive leader and founder connecting public/private sectors, scaling programs at an international non-profit and serving on Boards. Sebastián BreaDTC Marketing & Customer Success Sebastian founded AnimaEdu.com and developed 'Pausa', a leading meditation app in Latin America. His sales/marketing experience includes boosting Facebook's ad revenue and launching Meta’s first Spanish LatAm reseller program. Michelle LavenPartnerships Michelle, with 25 years in startups, scale-ups, non-profits and SMEs, is Sensate's longest-serving member. Her focus on partnerships has created a strong influencer program and practitioner affiliate community. Marina SerraFinance & Operations Marina, with 13+ years in strategy, performance assessment, and data analysis, has contributed to Unilever, Amazon Marketplace, and SME consulting. Her work includes company setup, market expansion, cash flow analysis, and compliance. Frank Fitzpatrick Advisor, Sound & Science Frank, an award-winning executive and wellness expert, merges sound, health, music, and tech. As Apple's first Music & Health Specialist, he's a key figure in the Hearables Tech Revolution. Stephanie Hannon Advisor, Product Stephanie has 20+ years building global large-scale consumer and internet technologies including Gmail, Google Maps, Transit, Facebook, and Strava. She led Google's COVID-19 Exposure Notification project with Apple ( 500M users in <1 year). Martin Tobias Advisor, Financing & Growth Martin, founder of Incisive Ventures, ex-Accenture and Microsoft, raised $500M+ as CEO with 2 IPOs. Angel in 250+ companies, personally in 70 startups, LP in 12+ VC funds. Early investor in Google, Docusign, OpenSea, and 12+ Unicorns. Show More -------------------------------------------------------------------------------- THE PATENTED, RESEARCH-BACKED STRESS-RELIEF DEVICE CREATING A PARADIGM SHIFT IN THE $5T WELLNESS MARKET Sensate is sold in 50+ countries and generated $5.32m in revenue in 2023. The previous funding round allowed the company to successfully roll out subscription, which has delivered both great value to Sensate users all over the world, as well as recurring revenues to the business. We have also furthered our global expansion with new effective sales channels, and ensured improved product quality. This raise will enable Sensate to invest in the manufacturing, marketing & sales support needed to meet the increased demand for Sensate in the $5.46 Trillion wellness market. Sensate is a patented, research-backed infrasonic resonance system that delivers fast, effective stress relief. How? Sensate uses pure sound frequencies, from infrasound to the top end of the audible range, working through completely natural processes already present inside your body and nervous system, creating the conditions for calm without the usual requirement of years of meditation practice. (*source) Stress has become a societal health crisis—and it’s only getting worse. Global stress levels have risen steadily since 2018, and exploded since the pandemic - driving feelings of helplessness and distress. In a 2022 study by the American Psychological Association, over 76% of American adults reported feeling negative health impacts caused by stress that disrupted their daily life. Prolonged exposure to chronic stress can result in a cascading list of negative health outcomes, including depression, diabetes, heart disease, viral infection, and has even been linked to cancerous tumor development. Rates of chronic illness have increased steadily and are expected to grow as our population ages. Popular solutions to stress reduction and relaxation—including mental health apps, therapy, medication, and meditation all have their place but aren’t solving the problem for the vast majority of people given they require discipline, ongoing practice and time or may be costly, difficult to use, or have side effects. Sensate's patented relaxation device delivers effortless stress relief in as little as 10 minutes. All you have to do is lie down, turn it on, and let Sensate and your body do the work for you. We’ve created a more human and accessible approach to controlling stress by revolutionizing self-regulated relaxation, with life-changing short and long-term effects. Sensate has simplified daily stress management for everyone. THE SCIENCE OF SENSATE Sensate uses the science of stress recovery to relax the sympathetic nervous system in as few as 10 minutes, improving long-term sleep and bolstering stress resilience. Sensate sessions provide measurable relief from the first session. SENSATE IS EASY TO USE Sensate is part of a consistent, long-term relaxation routine. Developed in clinic based on decades of experience helping tens of thousands of patients with stress and trauma-related health conditions, Sensate’s innovative, patented device+app infrasonic solution is the first of its kind and offers a unique access to calming the nervous system. Rooted in ancient traditions and knowledge, Sensate uses modern technology to activate the body’s natural calming system. SENSATE WORKS: THE PROOF IS IN OUR TRACTION Since launch in Q4 2019, Sensates has achieved over $15M in total revenues from over 50 countries around the world. Tools with the impact of Sensate are often kept behind clinic walls. Instead, we proved demand and impact with a focus on direct-to-consumer sales, seeing 100% YoY revenue growth for three years in a row 2019 - 2022. The Sensate device has a retail price of $299. Next, we turned towards building out a subscription model to deepen user engagement, strengthen positive impact and create recurring revenue streams. With support from our first crowdfunding campaign - we launched our Plus subscription, in addition to the free version on iOS and Android in early 2023. The Sensate Plus subscription is $50/year and gives immediate access to a rich library of Sensate sessions beyond those available in the free option. The subscription has been hugely successful, with an attach rate over 50%, and user engagement over 200%! In addition to these important strategic deliverables, we achieved revenues of $5.32M in 2023. The Plus subscription continues to be greatly successful, and from 2024 we start to have compounding annual renewals, growing the recurring revenues in addition to new customers. The second part of 2023 was primarily focused on optimizations and improving efficiencies, both internally and in our sales & marketing channels. Since launching our B2B2C and affiliate partnerships, we have placed Sensate in Walmart, Best Buy, LifeMD, Harrods, Touch of Modern, Healf.com, Biohacker Center and Spree Shop; increasing our reach and accelerating our growth. SENSATE’S FUTURE IS TRANSFORMATIONAL Our traction validates what we already know; Sensate genuinely works, serves an enormous market, and is needed by a very large number of people. Our trajectory through 2024 and beyond is set to transform Sensate into a global wellness brand. We look to build on the strength of the company through additional products, increased channels and accessibility, and an exponentially growing consumer base. For example, we project to grow our affiliate partnerships by 125% this year. 2023 already saw a healthy diversification of revenues, and as we continue to build partnerships, revenue streams, and complementary sales channels, we reach more people and accelerate towards our mission next year and beyond. With the growth of our subscription service, our margins are on track to significantly improve, maximizing profit per unit and enabling us to expand into other distribution channels in sectors that benefit from a high-adoption stress relief solution. OUR CUSTOMERS AROUND THE WORLD SEE RESULTS RESEARCH STUDIES CONFIRM WHAT OUR USERS EXPERIENCE See the full results of our four human research studies here MEDIA INTEREST & EXPOSURE Even Barbie benefits from Sensate, as we were thrilled to discover when we were mentioned in this Vogue article. Sensate has been mentioned over 400 times in the press, including featured in these notable publications: In addition to great testimonials and prolific press, Sensate has been recognized with multiple awards. THE WELLNESS MARKET IS EXPERIENCING EXPLOSIVE GROWTH The global health and wellness market was valued at USD $5.46 Trillion in 2023 and is expected to reach over USD $13.89 Trillion by 2032 (*source). Specifically, the Health and Wellness Devices segment (including fitness bands, trackers, and other wearable devices) is projected to expand from USD $0.4 Trillion in 2020 to USD $1.35 Trillion by 2026, with a robust CAGR of 23.3% in the forecast period. Sensate fits within this market as well as related wellness segments such as Personal Care & Beauty, Mental Wellness, High Performance, Recovery, Holistic Health, and Spas. While designed to be used easily by individuals in home settings, Sensate is also used in healthcare settings - as a General Wellness Product - in order to improve outcome of other treatments, as the ability to reduce stress is often a critical aspect determining the effectiveness of other interventions. We were excited to learn that Tracxn had independently rated Sensate a minicorn; a company on track to become a Unicorn. A Unicorn in the tech start-up world is a company reaching a $1B valuation. Investor Confidence: Sensate's Performance and Growth Trajectory Our investors are incredibly supportive and encouraged by the performance to date. We have a revenues-to-funds raised ratio of 200% (2:1). 70% of institutional investors have invested multiple times. Sensate has achieved numerous crucial startup milestones, demonstrating a successful product launch, effective commercialization strategies, and a strong product-market fit within an immeasurable market. The early traction has been very strong, validating the product offering's appeal to a wide audience. Moreover, the year 2023 marked significant progress in diversification of distribution channels, enhancing operational efficiencies, and successfully introducing recurring revenues through our subscription offering. At present, the company is poised to achieve cash break-even status and undergo substantial scaling. YOUR INVESTMENT WILL UNLOCK THE NEXT MILESTONE OF GROWTH We are at a pivotal moment in our growth. The Wefunder round will be used to invest in expanding our sales channels and securing our path to profitability. OUR EXPERIENCED TEAM IS UNMATCHED Our co-founders have the operational, scientific and business acumen to bring Sensate to the next level. Our global team of 27 full and part time members are located on three continents, keeping us close to our markets and supporting our expansion. What sets Sensate’s team apart is our emphasis on collaboration, proactive communication, and unwavering motivation, which drives our rapid success. Clear alignment on strategy throughout the organization, coupled with transparency and a dedication to individual growth opportunities, self-care, and high performance, translates directly to increased effectiveness as a team. Our rockstar Advisory Board has the subject matter expertise, network connections and business track record to continue to guide Sensate to greater, more profitable heights. In addition to the experienced co-founders, the Board of Directors non-executive members bring the insight and experience of executive leadership at public companies, multiple exits, founding partners and serial CEO roles. Their steadfast support of Sensate in opening opportunities, informing strategic decisions, and facilitating connections enables bold moves with confidence. HOW WE RUN THIS COMPANY IS HOW WE WANT THE FUTURE TO BE We believe in a future where massive commercial success leads to significant positive impact. The effectiveness of the business is driven by the smart use of technology and a highly motivated and constantly learning team. We believe in our product, and that motivates committed action and thoughtful decision-making. We’re scaling the company guided by the principles of conscious entrepreneurship - cultivating a culture that values a healthy and energized team. Our company values in action: INVESTOR PERKS JOIN OUR MISSION TO BRING RELAXATION & STRESS RELIEF TO THE WORLD We are thrilled to extend the opportunity once again to our users, fans, and supporters worldwide to become part of Sensate at this exciting stage in our journey. Together, we are empowering millions to enhance their stress self-regulation, resilience, and relaxation—not limited to those affluent enough to afford clinic treatments by specialists. Investors who join this round will be in good company, participating in our success alongside institutional VCs, financial institutions, and professional investors. Übersicht Übersicht Details Updates Was die Community sagt Stell eine Frage. 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