Saga sleeping technologies
Financials
Estimates*
SEK | 2019 | 2020 | 2022 | 2023 |
---|---|---|---|---|
Revenues | <1m | <1m | 6.8m | 7.4m |
% growth | - | 7691 % | - | 9 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $50.0k | Seed | |
N/A | $430k | Seed | |
N/A | $615k | Seed | |
N/A | $140k | Seed | |
Total Funding | AUD1.9m |
Related Content
Recent News about Saga sleeping technologies
EditSagaSleep is a digital startup operating in the children's sleep aid market. The company offers a mobile application, Stella Sleep, designed to help children fall asleep faster and enhance their mental and emotional well-being. The app serves parents and grandparents looking for effective bedtime solutions for their little ones.
The business model of SagaSleep is centered around providing a vast library of over 100 sleep stories, expertly curated and narrated by celebrities like John Cleese. These stories are based on sleep science and are crafted to promote restful sleep. The app also allows users to record their own sleep stories, adding a personal touch with their voice, sound effects, and music.
In addition to the pre-recorded and user-generated stories, SagaSleep has integrated an AI feature that can generate an unlimited number of new bedtime stories. This feature provides an interactive element, allowing parents and children to create stories together.
The company operates on a freemium model, offering a 7-day free trial, after which users are required to pay for continued access to the app's features. Revenue is generated through these subscription fees.
SagaSleep also offers content for relaxation, focus, calm, and social & emotional development, further enhancing its value proposition. The app includes specially designed stories to help children develop their social and emotional skills, as well as relaxing music and lullabies produced specifically for Stella Sleep.
Keywords: Sleep Aid, Children, Mobile Application, Bedtime Stories, User-Generated Content, AI Story Generation, Subscription Model, Emotional Well-being, Relaxation Content, Personalized Experience.