Somnee was launched in 2022 by renowned sleep expert, Dr. Matt Walker, PhD, and an esteemed group of scientists from the University of California, Berkeley.

The round was led by Khosla Ventures, with participation from Marc Benioff's TIME Ventures, LEAD VC (founded by the Adidas family), the NBA's Orlando Magic ownership group (DeVos family), Seaside Ventures, Nelstone Ventures, and Metalab, among others.

Somnee is on a mission to transform sleep and neurological health while fundamentally improving the human experience. The Somnee Smart Sleep headband combines clinically validated neuroscience and award-winning AI-powered neurotechnology to enhance the brain's optimal sleep signals naturally and has been proven to help people fall asleep faster, reduce nighttime awakenings, and improve overall deep sleep quality. Somnee was co-founded by world-leading neuroscientists, including Dr. Matthew Walker, Ph.D., author of New York Times bestseller Why We Sleep and Director of UC Berkeley's Center of Human Sleep Science; Dr. Robert Knight, M.D., Professor of Psychology and Neuroscience at UC Berkeley; and ex-Fitbit executive, Tim Rosa leads as CEO. The Somnee team has spent decades pioneering sleep research, brain health, wearables, and personalized non-invasive neurostimulation applications. Sleep is one of the most critical functions of the brain, and our deep understanding of the neuroscience of sleep uniquely positions us to help solve the sleep health epidemic.