About Somareality
Somareality is a company based in Vienna (Austria) founded in 2019.. Somareality has raised $1.63 million across 1 funding round from investors including Gateway Ventures, Startup Wise Guys and Birdhouse. Somareality offers products and services including Eye Tracking System and Digital Biomarkers. Somareality operates in a competitive market with competitors including MedCurrent, Merative, Omzey, Synbase and Knowledge Vision, among others.
- Headquarter Vienna, Austria
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Sectors
Healthcare
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.63 M (USD)
in 1 rounds
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Latest Funding Round
$1.63 M (USD), Seed
May 23, 2024
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Investors
Gateway Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Somareality
Somareality offers a comprehensive portfolio of products and services, including Eye Tracking System and Digital Biomarkers. 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.
Device for real-time monitoring of cognitive states
Tools to analyze eye movements for cognitive insights
Funding Insights of Somareality
Somareality has successfully raised a total of $1.63M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.63 million completed in May 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.6M
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First Round
First Round
(23 May 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Somareality | Valuation | Gateway 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 Somareality
Somareality has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Gateway Ventures, Startup Wise Guys and Birdhouse. 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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Venture capital and startup accelerator focused on B2B and SaaS companies
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Founded Year | Domain | Location | |
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Birdhouse is recognized as a startup accelerator in Belgium.
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Founded Year | Domain | Location | |
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An online platform is operated for crowdfunding investments in 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 Somareality
| 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 - Somareality
| 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 |
Somareality Comparisons
Competitors of Somareality
Somareality 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 MedCurrent, Merative, Omzey, Synbase and Knowledge Vision, 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.
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| domain | founded_year | HQ Location |
Cloud-based CDS analytics platform analyzes physician ordering patterns.
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Provider of healthcare data and analytics platform for the health industry
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| domain | founded_year | HQ Location |
Diagnostics solutions are provided to optimize genetics laboratory workflows.
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Provides a clinical decision support platform for healthcare professionals.
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AI-powered platform is used for intelligent health insurance solutions.
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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 Somareality
When was Somareality founded?
Somareality was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is Somareality located?
Somareality is headquartered in Vienna, Austria.
Is Somareality a funded company?
Somareality is a funded company, having raised a total of $1.63M across 1 funding round to date. The company's 1st funding round was a Seed of $1.63M, raised on May 23, 2024.
What does Somareality do?
Somareality was founded in 2019 and is headquartered in Vienna, Austria. Operations center on the health technology sector, where sensor-based analytic platforms are developed to support medical diagnosis and treatment processes. Services encompass data analytics derived from sensor inputs, aimed at clinical applications. The company maintains its base in Austria, with a focus on European health innovation ecosystems.
Who are the top competitors of Somareality?
Somareality's top competitors include Merative, Omzey and MedCurrent.
What products or services does Somareality offer?
Somareality offers Eye Tracking System and Digital Biomarkers.
Who are Somareality's investors?
Somareality has 3 investors. Key investors include Gateway Ventures, Startup Wise Guys, and Birdhouse.