Sleep Tracker ‘Sense’ Raises $13 Million, Without Venture-Capital Help

▤ Summary

At 23, James Proud is a rising Silicon Valley tech entrepreneur who has managed to raise nearly $13 million in funding – none of which is from institutional investors. His company, Hello, raised $10.5 million from a circle of well-connected angel investors, some of whom wrote million-dollar checks. And in a crowdfunding campaign that ended Friday, he raised an additional $2.4 million on Kickstarter, via nearly 20,000 backers who donated or pre-ordered his flagship product: Sense, a sleep tracker slated to begin shipping to Kickstarter backers in November for $99.

$ Funding

▦ Linked Companies