About Somryst
Somryst is a company based in San Francisco (United States) founded in 2019 by Stephen Kennedy Smith was acquired by Nox Health in May 2023.. Somryst operates in a competitive market with competitors including BigHealth, Stellar Sleep, Ognomy, Moshi and Rise, among others.
- Headquarter San Francisco, United States
- Founders Stephen Kennedy Smith
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Sectors
Healthcare
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Phone
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Nox Health
(May 25, 2023)
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Funding Insights of Somryst
| 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 Somryst
Somryst has secured backing from 1 investor. Prominent investors backing the company include Nox Health. 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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Provider of a sleep enhancement platform for employees, individuals, and healthcare provides
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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 Somryst
| 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 - Somryst
| 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 |
Somryst Comparisons
Competitors of Somryst
Somryst 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. 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 |
Digital CBT therapy is offered for insomnia patients.
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| domain | founded_year | HQ Location |
Sleep quality is monitored through a specialized application.
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| domain | founded_year | HQ Location |
Online platform offering video consultation services for sleep apnea management
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| domain | founded_year | HQ Location |
Online platform offering stories for kids
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| domain | founded_year | HQ Location |
Marketing and branding services are offered by RISE.
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| domain | founded_year | HQ Location |
Mobile-based application for sleep management
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Somryst
When was Somryst founded?
Somryst was founded in 2019.
Where is Somryst located?
Somryst is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
What does Somryst do?
Somryst was founded in 2019 and is headquartered in San Francisco, United States. A prescription-only digital therapeutic is offered by the company within the health technology sector to address chronic insomnia. Cognitive Behavioral Therapy for Insomnia (CBT-I) is delivered through this neurobehavioral intervention for affected patients. Services are centered on digital solutions for sleep disorder management, with operations based in the U.S.
Who are the top competitors of Somryst?
Who are Somryst's investors?
Somryst has 1 investor. Key investors include Nox Health.