SleepScore Labs Announces Exclusive Strategic Relationship with World’s First Sleep Venture Program: ‘SleepScore Ventures’
CARLSBAD, Calif. & LAS VEGAS--(BUSINESS WIRE)-- Today SleepScore Labs, the company built by the sleep experts behind the world’s most accurate, non-contact sleep monitoring technology and curated store of sleep products, announced an Exclusive Strategic Relationship Agreement with SleepScore Ventures, the first and only venture program focused exclusively on product and company solutions committed to improving sleep.
SleepScore Ventures will provide seed and early stage funding to companies with promising solutions to help improve sleep. Key to its strategy, the firm will utilize SleepScore Labs and ResMed proprietary technology as part of its pre-investment validation process. SleepScore Ventures’ portfolio companies will have distribution access through the SleepScore Store as well as an alliance of retail partners.
“Sleep is a critical component of a healthy life, and we’ve made it our mission to help the world achieve a more restful night’s sleep,” said Colin Lawlor, CEO of SleepScore Labs. “Part of that journey includes building out our ecosystem and filling our SleepScore Store and the stores of our alliance partners with proven products that enhance sleep quality. SleepScore Ventures will help us achieve our goal.”
SleepScore Labs, the most trusted resource in the sleep industry, with support from ResMed, has studied over 50 million hours of sleep during the last 13 years in an effort to help people live happier, healthier, more productive lives. By partnering with SleepScore Ventures, SleepScore Labs will set a new standard for how sleep-related products and services are validated to ensure they deliver the promised benefit. In addition to funding, SleepScore Ventures will help promising entrepreneurs in building their brands and in securing distribution that will expose their products to the right consumer audiences.
“SleepScore Ventures will help identify the most effective sleep solutions and provide funding to make sure as many consumers as possible will benefit. We’re excited to help like-minded brands have the opportunity to validate and progress their offerings,” Lawlor added.
About SleepScore Labs
We’re the sleep company changing the world by changing the way you sleep. SleepScore Labs was founded in 2016 by a team of sleep experts from companies, institutions and organizations such as ResMed, Apple, Harvard, and The American Academy of Sleep Medicine, all driven by a shared purpose: to unlock human potential through the power of sleep. After studying millions of hours of sleep for over a decade, we created the world’s most accurate sleep app and the only curated store of products so you can have a happier, healthier and more productive life. A joint venture among ResMed, Dr. Mehmet Oz, and Pegasus Capital Advisors L.P, with headquarters in Carlsbad, CA, and an office in Dublin, Ireland, we’ve developed SleepScore™ technology powered by ResMed™ to offer the world’s most accurate sleep app. SleepScore Labs’ ecosystem also provides data insights, product evaluation tools, and technology licensing opportunities for companies developing products and solutions in the sleep industry.
SleepScore does not provide medical advice, diagnosis, or treatment through its service or its available functions. The content and service provided are intended solely as a resource and informational tool to improve your sleep. Always seek the advice of a physician or qualified health provider for any questions you may have regarding a medical condition.
Source: SleepScore Labs