Loftie

United States Founded: 2018 • Age: 8 yrs
Music-based meditation devices are provided by Loftie.
Annual revenue - Latest available
Total funding $4.3M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Loftie

Loftie is a company based in United States founded in 2018 by Matthew Hassett. Loftie has raised $4.33 million across 1 funding round. Loftie operates in a competitive market with competitors including Oura, Muse, Biotricity, Nyxoah and SleepScore Labs, among others.

  • Headquarter United States
  • Founders Matthew Hassett
  • Sectors
    Healthcare
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Loftie, Inc
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.33 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4.33 M (USD), Series A

    Oct 18, 2024

  • Investors
    Not available
  • Employee Count
    Not available
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People of Loftie

Headcount 1-10
Employee Profiles 5
Employee Profiles
People
Matthew Hassett
Founder, CEO, and President
People
Abbey Phaneuf
Director of Marketing and Partnerships
People
George Hastings
Design Director, Advisor
People
Rebecca Silver
Influencer Marketing Manager

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Funding Insights of Loftie

Loftie has successfully raised a total of $4.33M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.33 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by Loftie

Investments
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Investment portfolio details for Loftie

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Financial Statements - Loftie

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Detailed financials for Loftie

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Loftie Comparisons

Loftie Primary company
Description
Music-based meditation devices are provided by Loftie.
Location
United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Loftie

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Competitors of Loftie

Loftie operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Oura, Muse, Biotricity, Nyxoah and SleepScore Labs, among others.

Company Name Domain Founded year HQ Location Description
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Health-tracking smart rings and biosensors are developed for biometric monitoring.
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EEG-powered headbands for meditation and sleep biofeedback are developed.
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Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
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Provider of a neurostimulation device for obstructive sleep apnea treatments
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Sleep quality is monitored via bedside devices and mobile apps.
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Sleep quality is monitored via Dreem's wearable EEG device.
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Detailed competitors of Loftie

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Latest news on Loftie

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Complete news archive for Loftie

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Frequently Asked Questions about Loftie

Loftie was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Loftie is headquartered in United States.

Matthew Hassett is the current CEO of Loftie. They have also founded this company.

Loftie is a funded company, having raised a total of $4.33M across 1 funding round to date.

Loftie was founded in 2018 in the United States by Matthew Hassett, who serves as CEO. Operations focus on the wellness technology sector, where a specialized device is developed to facilitate meditation through music. The product is distributed via the companys domain, byloftie.com, targeting users seeking audio-guided relaxation practices. Activities remain centered in the U.S., with emphasis on hardware solutions for mental health support.

Loftie's top competitors include Oura, Muse and Jawbone.

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