sona (Equity)
Funding Details
- Awarder
- StartEngine
- Date Award
- January 05, 2023
- Vertical
- Digital Therapeutics
- Funding URL
- View Funding Page
- Valuation
- $20,000,000
- Funding Amount:
- $82,470,700,000
Company Info
- Traction
- The digital therapeutics market is valued at $3.2 billion as of 2021 and is estimated to reach $14.5 billion by 2028, growing at a CAGR of 28%. They have already completed two research studies with UC Berkeley and NielsenIQ demonstrating their music’s ability to relieve stress, and they have started a clinical trial to earn FDA approval.
- Organizations Involved
- UC Berkeley, NielsenIQ
- Founders
- Neal Sarin, Dennis Hauser, Shashank Pandya
- Company Description
- sona is a digital therapeutics company, using science-backed music to improve mental health.
- Market
- Health & Wellness
- Location
- Los Angeles, CA, US