Tech Company Financing Transactions
Endel Funding Round
True Ventures, Waverley Capital and private investors participated in a $15 million Series B funding round for Endel. The round was recorded on 4/5/2022.
Transaction Overview
Company Name
Announced On
4/5/2022
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
True Ventures (Lead Investor)
Waverley Capital (Lead Investor)
Proceeds Purpose
Stavitsky says the new funding will be used to further develop the company's patented technology and to further reduce the time it takes to generate soundscapes.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Sophienstraße 21
Berlin, 10178
Germany
Berlin, 10178
Germany
Phone
Undisclosed
Website
Email Address
Overview
Founded by a collective of imaginative creatives and artists in 2018, Endel is democratizing wellness by making AI-powered mindfulness accessible to all. The company's core technology Endel Pacific creates personalized, adaptive soundscapes to reduce stress, improve sleep, and boost productivity -- all backed by neuroscience and the science of the circadian rhythm.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oleg Stavitsky
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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