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BRYTE, THE LEADING SLEEP TECHNOLOGY PLATFORM, RAISES $24 MILLION SERIES A

Published January 13, 2021
Published January 13, 2021
Bryte

Bryte, the leader in AI-powered restorative sleep technology, closed a $24 million Series A funding round led by ARCHina Capital.

WHO: Founded in 2016 by Silicon Valley veteran John Tompane, Ely Tsern, and Jonathan Farringdon, Bryte is the leading restorative sleep technology platform powered by AI. Its in-bed technology measures, learns, tests, and applies what each sleeper needs to optimize their restorative sleep through real-time control of temperature, pressure points, and room environment. Bryte configures a personalized sleep experience with inbuilt sensors and 100 computer-controlled pneumatic coils keeping track of individual sleep partners’ sleep quality, sensing pressure points and temperature, and making real-time adjustments for optimum comfort. An integrated cloud-based service employs Evolutionary Learning—an advanced form of AI—alongside Machine Learning (ML) and advanced Digital Signal Processing (DSP) to autonomously craft the optimal sleep environment for each individual sleeper in real time through each night.

WHY: Bryte is now engaged with multiple global mattress manufacturers, and funding will go towards R&D and expansion across markets and price points.

IN THEIR OWN WORDS: “We believe that the Bryte platform will accelerate the restorative sleep tech revolution for the entire $432bn sleep industry, much as Luminar is accelerating autonomous driving adoption across automakers and Carbon is accelerating mass customization in the manufacturing industry,” says ARCHina co-founder Amy Huang. “Bryte is poised to become the Android of sleep.”

“From immunity and recovery to mental health and physical performance, restorative sleep is the foundation of health and wellness. While most sleep technologies have focused on sleep measurement or aiding sleep onset alone, I am excited by the potential of a comprehensive platform with a holistic approach to improving sleep quality,” added Dr. Matthew Walker, Director of the UC Berkeley Center for Human Sleep Science.

“The promise of Evolutionary Learning has long excited AI researchers, but few applications are as meaningful as solving the complex problem of sleep,” says Bryte CTO Jonathan Farringdon, an expert in AI, biometrics, and former Director of Informatics at Bodymedia (acquired by Jawbone).

“Our mission is to reunite people with restorative sleep and help them achieve their full sleep potential. With this funding round, our global license partners, and expanding hotel network, we are poised to propel restorative sleep technology from a nascent promise to the new standard for sleep at scale,” said Bryte CEO Ely Tsern. “Bryte will unlock the true restorative potential of sleep for every person.”

DETAILS:

  • Bryte closed a $24 million Series A funding round led by ARCHina Capital. Additional investors include John Warnock, co-founder of Adobe and Dave Mooring, former President of Rambus.
  • Bryte has added ARCHina’s co-founder Amy Huang to the board.
  • Inspirato founder Brad Handler has also invested in Bryte.
  • The Bryte team, led by CEO Ely Tsern Ph.D., is comprised of leaders in licensing, AI, software, robotics, and sleep science. Its sleep advisory board includes doctors from Stanford University and is led by Bryte’s Lead Sleep Science Advisor Dr. Matthew Walker, founder and Director of the UC Berkeley Center for Human Sleep Science, and bestselling author of Why We Sleep.
  • Bryte has partnered with five-star hotels, wellness resorts, and hospitality companies including Auberge Hotels, Carillon Miami, The London West Hollywood at Beverly Hills, and Inspirato, among others, to offer Bryte Restorative Beds for guests.
  • Bryte’s turnkey hardware, software, and services platform is available to select mattress manufacturing partners for licensing.
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