NEWS September 26, 2018

Healthtech company Learning to Sleep raises 3.3 MSEK

Learning to Sleep, a company that develops a digital CBT-based tool to help people with sleep problems, has raised 3.3 MSEK from Almi Invest, Alltrum, Proos Consulting and Malte Rohlin. The capital will be used to continue the company’s expansion, both in Sweden and internationally.

Learning to Sleep has developed the clinically validated digital treatment program Sov bättre, which treats people with persistent sleep problems. With Sov bättre, the patient receives an individualized 5-week treatment based on CBT, cognitive behavioral therapy and a personal sleep coach.

“More than half a million individuals seek care for sleep problems every year, only in Sweden. At the same time, waiting times for assistance through therapy are often long and the cost for society high. With Learning to Sleep’s evidence-based digital tools, more people can get help faster, at lower cost,” says Per Antonsson, Investment Manager at Almi Invest.

The fact that the tool is digital, proving its users with reminders to perform their tasks, gives greater compliance than other non-digital aids programs. So far, Learning to Sleep has treated over 1,000 patients in Sweden and 94 percent of them now have better sleep.

“We are very pleased to welcome Almi Invest as an investor in the company, now when we are preparing to take the next step in our journey. Almi Invest provides us not only with capital, but also a large network of investors and expertise in financing. Now we are looking forward to an exciting autumn and to contribute to a better health in Sweden and in the countries we are about to expand our business,” says Micael Gustafsson, CEO of Learning at Sleep.

The capital will be used to continue the establishment of the service on the Swedish market, primarily in primary care, and to start the preparations for the international launch.
Learning to Sleep is a Sting Incubate company.

For further information contact
Micael Gustafsson, CEO Learning at Sleep, tel +46 736 993 601, mail micael@learningtosleep.se

Per Antonsson, Investment Manager Almi Invest, tel +46 708 728 717, mail per.antonsson@almi.se

NEWS April 4, 2016

TEST Drive winner No Tinnitus wants to cure through your favorite music

Last week the e-health company No Tinnitus won the entrepreneurial program STING Test Drive Health. During March and April the 15 selected companies have had the chance to develop their business ideas in health. The winner, No Tinnitus, is a digital health company using mobile technology to reach and treat their users.

The teams in the STING Test Drive Health , all of which have early, innovative business ideas in areas such as stress, diabetes, smart alcolock and digital translation tools for healthcare, have during seven evening workshops developed their ideas and business models, and gotten the chance to learn what it means to build a company. The program is organized by STING and sponsored by the Innovation Offices at Karolinska Institutet and Stockholm University and Openlab at KTH.

At the finals, companies pitched their business ideas before a jury consisting of Christina Bendz , Head of the Innovation Office at the University of Stockholm; Pär Nordström, Investment Manager at Almi Invest; Ivar Björkman, Manager at Openlab and Erik Brandberg, Partner at Gullspång Invest.

The jury selected No Tinnitus as the winner, which creates an individualized treatment through its app with the potential to cure severe tinnitus in 30 days with the help of the user’s favorite music. The winner received SEK 10 000 with the following motivation:

“For a curative application, presented in a realistic way, with the potential to reach a huge market with the help of superstars – if the method actually delivers the expected results. The winner of the STING Test Drive Health 2016 is No Tinnitus”.

– Test Drive Health has been both fun and educational. The lecturers and course leaders have helped us see both the path and the goal. Thanks to them, we will avoid many mistakes. We are filled with energy, hugely excited and very grateful, says Donald Altin, one of the founders of No Tinnitus.

– During the spring round of STING Test Drive, we have seen e-health solutions to problems in very different areas – it creates conditions for creative discussions and very exciting meetings, says Gisela Sitbon, Program Manager and Business Coach at STING (Stockholm Innovation & Growth).

The next round of STING Test Drive Heatlh will be held in spring 2017. Follow STING on Facebook to stay informed about our programs and events.