About Neend
Neend is a company based in Bengaluru (India) founded in 2021 by Surbhi Jain. Neend has raised $978.83 thousand across 2 funding rounds from investors including Wellfound, IQ-EQ and GC Partners. The company has 1 employees as of September 08, 2024. Neend operates in a competitive market with competitors including BigHealth, Stellar Sleep, Ognomy, Moshi and Rise, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 08 Sep, 2024
- Founders Surbhi Jain
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Purple Bot Technologies Private Limited
- Date of Incorporation 16 Jun, 2021
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$52.73 K (USD)2.07as on Mar 31, 2024
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Net Profit
-$95.05 K (USD)45.3as on Mar 31, 2024
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EBITDA
-$102.19 K (USD)45.44as on Mar 31, 2024
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Total Equity Funding
$978.83 K (USD)
in 2 rounds
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Latest Funding Round
$700 K (USD), Seed
Feb 03, 2022
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Investors
Wellfound
& 28 more
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Employee Count
1
as on Sep 08, 2024
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Funding Insights of Neend
Neend has successfully raised a total of $978.83K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $700 thousand completed in February 2022. 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.
Investors in Neend
Neend has secured backing from 29 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wellfound, IQ-EQ and GC Partners.
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Early-stage companies are invested in by Better Capital.
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Private equity fund, investment holding & business conglomerate company
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Venture capital firm focused on multiple sectors
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Investor details for Neend
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Investments & Acquisitions by Neend
Investment portfolio details for Neend
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Financial Statements - Neend
Detailed financials for Neend
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Neend Comparisons
Peer comparison for Neend
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Competitors of Neend
Neend 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 BigHealth, Stellar Sleep, Ognomy, Moshi and Rise, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital CBT therapy is offered for insomnia patients.
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Sleep quality is monitored through a specialized application.
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Online platform offering video consultation services for sleep apnea management
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Online platform offering stories for kids
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Marketing and branding services are offered by RISE.
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Detailed competitors of Neend
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Latest news on Neend
Complete news archive for Neend
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Frequently Asked Questions about Neend
Neend was founded in 2021.
Neend is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Surbhi Jain is the current CEO of Neend. They have also founded this company.
Neend is a funded company, having raised a total of $978.83K across 2 funding rounds to date.
As of Sep 08, 2024, the latest employee count at Neend is 1.
Annual revenue of Neend is $52.73K as on Mar 31, 2024.
Neend was founded in 2021 in Bengaluru, India, as a mobile application dedicated to sleep management. Sleep-related challenges are addressed through features such as induced music and audio stories designed for user relaxation. The platform operates in the health technology sector, delivering services directly to mobile devices for individual users. Core functionalities focus on improving sleep patterns without additional hardware requirements.
Neend has 29 investors. Key investors include Wellfound, IQ-EQ, GC Partners, Better Capital, and Rohit Bansal.
The valuation of Neend is $4.75M as of Feb 2022.