Meta Pixel

News and Announcements

Patented neurotech company’s SAFE round passes target as H1/2021 revenue exceeds total for 2020

  • Published August 10, 2021 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Sensate by Bioself Technology saw 600% YoY growth in revenue with monthly sales now exceeding £180k / AUD 335k. The company is raising £750k / AUD 1.4m and have already exceeded the lower target of £220k / AUD 410k.

Register Interest

9 out of 10 users prefer Sensate as this inventive digital+device solution tops survey

90.5% of survey respondents said Sensate worked as well or better than prescribed medication, meditation, lifestyle changes or other technology devices for stress, anxiety or insomnia. These three issues form a massive and growing global crisis with few viable solutions – Sensate has proven effective and much loved by users as a unique and inventive consumer solution.

People who are unable to follow a meditation practice vastly outnumber people who are able to meditate. There are no accurate figures, but according to the CDC 75% of doctor visits are due to stress, 80% of people say they are stressed at work says the American Institute of Stress and 83% feel their mental health has worsened since Covid (source: YoungMinds 2020).

BioSelf Technology is on a mission to bring profound calm-on-demand to the mainstream consumer and is open to visionary investors looking to make the world a better place.

The company, based in London and LA, offers preferential terms on the SAFE (simple agreements for future equity), already supported by two US VC’s and a number of international accredited investors.

About Bioself Technology Ltd

Bioself Technology is the maker of Sensate, a consumer product addressing the enormous and generally unresolved problem of stress and stress-related conditions in an innovative and extremely effective way.

Based on decades of experience working with stress and trauma-related conditions, Sensate brings a vagus nerve toning device and app system to the market that empowers people to improve their wellbeing, reduce stress and increase resilience.

Combining existing science and extensive clinical experience with pioneering deployment of technology, Sensate offers a powerful new mode of treatment sessions to the wider consumer market, outside of exclusive clinics.

We have a product that genuinely works, a very healthy hardware+subscription model, good traction, outstanding usage/engagement numbers, and a very strong global growth plan.

– Sales YoY +600% (2019 $200k → sales 2020 $1.2M).
– Q1/21 +150% up on Q4/21 w/o any further investment
– Over 50% of total user base is active + strong organic
– Good unit economics on low volumes, excluding subscription revenues that come in this year
– Patent & trademarks now granted
– Impact roadmap helping millions of lives and supports building a strong global brand
– Website: www.getsensate.com (launched in December). We also recently launched on Amazon

Register Interest

Company Updates
The asset class where the market has no vote

Litigation funding returns are decided in a courtroom, not a cycle. Knightsbridge’s Head of Capital is careful to call that a different risk rather than a lower one, and his answer to it is spread, not concentration. Most alternative assets still answer to something. Property answers to rates. Private credit answers to defaults. Even the […]

Company Updates
The listing fee vendors pay whether the house sells or not

Australia’s property portals collect more than $2 billion a year while national listings sit flat. An Australian-built AI platform is targeting the economics, not just the interface. An Australian vendor listing a home pays a vendor-paid advertising fee on top of agency commission. Rama Dwarapudi, Founder and Chief Executive Officer of RealSearch, puts a typical […]

Company Updates
Reinventing the Condom: How an Australian Deep-Tech Startup Plans to Disrupt a $12 Billion Market

For more than half a century, the global condom industry has remained fundamentally unchanged, constrained by standard materials like latex and solid synthetic polymers. Despite widespread consumer demand for better alternatives, product design has treated the device strictly as a mechanical barrier, sacrificing feel for function. Sydney-based Eudaemon Technologies is setting out to upend that […]

Join over 45,000+ sophisticated investors

Join Now