About Reveri
Reveri is a company based in Toronto (Canada) founded in 2004 by Ariel Poler and David Spiegel.. Reveri has raised $1.8 million across 1 funding round from investors including InReach Ventures, Background VC and Bobby Lo. Reveri offers products and services including Reveri App and Hypnosis Sessions. Reveri operates in a competitive market with competitors including Headspace, aptihealth, Endel, Happify and Simple Habit, among others.
- Headquarter Toronto, Canada
- Founders Ariel Poler, David Spiegel
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
*********
- Legal Name Reveri Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.8 M (USD)
in 1 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Feb 09, 2022
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Investors
InReach Ventures
& 6 more
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Employee Count
Employee Count
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Products & Services of Reveri
Reveri offers a comprehensive portfolio of products and services, including Reveri App and Hypnosis Sessions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for guided sessions to manage pain and stress effectively.
Interactive audio programs for habit control and sleep enhancement.
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Funding Insights of Reveri
Reveri has successfully raised a total of $1.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.8 million 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.8M
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First Round
First Round
(09 Feb 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - Reveri | Valuation | InReach Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Reveri
Reveri has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include InReach Ventures, Background VC and Bobby Lo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage European startups are funded by InReach Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments are provided to early-stage technology companies.
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Founded Year | Domain | Location | |
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BL
Bobby Lo |
Angel investor and entrepreneur, founder of VNG Corporation, active in tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reveri
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Reveri
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reveri Comparisons
Competitors of Reveri
Reveri 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 Headspace, aptihealth, Endel, Happify and Simple Habit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mindfulness and mental wellness tools and services are provided.
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| domain | founded_year | HQ Location |
Provider of practice management and mental health solutions for patients, providers, and employees
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| domain | founded_year | HQ Location |
Personalized soundscapes are created by Endel to enhance focus, relaxation, and sleep.
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| domain | founded_year | HQ Location |
Platform for improved mental & emotional health through gamification
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| domain | founded_year | HQ Location |
Meditation audio sessions are delivered through a mobile app.
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| domain | founded_year | HQ Location |
Panic disorders are treated via breathing device and mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Reveri
When was Reveri founded?
Reveri was founded in 2004 and raised its 1st funding round 18 years after it was founded.
Where is Reveri located?
Reveri is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Reveri a funded company?
Reveri is a funded company, having raised a total of $1.8M across 1 funding round to date. The company's 1st funding round was a Seed of $1.8M, raised on Feb 09, 2022.
What does Reveri do?
Reveri was founded in 2004 in Toronto, Canada, by co-founders Ariel Poler and David Spiegel. A mobile application is offered in the mental health sector, featuring self-hypnosis exercises to address stress, anxiety, chronic pain, insomnia, smoking addiction, and related issues. User progression is tracked within the app, which is accessible on both iOS and Android platforms. Operations focus on digital tools for personal wellness management.
Who are the top competitors of Reveri?
Reveri's top competitors include Headspace, Happify and aptihealth.
What products or services does Reveri offer?
Reveri offers Reveri App and Hypnosis Sessions.
Who are Reveri's investors?
Reveri has 7 investors. Key investors include InReach Ventures, Background VC, Bobby Lo, Joe Greenstein, and Andrew Artz.
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