Endel Raises $15M In Series B Funding

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Summary

The company intends to use the funds to scale the efforts to further develop its patented technology, improve the ecosystem of apps, and grow the catalog of its personalized soundscapes. Led by Oleg Stavitsky, CEO, Endel is a sound wellness company which runs a cross-platform ecosystem of AI-powered apps that create personalized, functional soundscapes to help people focus, relax, and sleep. Its patented technology takes inputs from the user’s movement, time of day, weather, heart rate, location, and other factors. It is available on iOS, Android, Mac, Amazon Alexa, album releases on DSPs, and now Apple TV. The company, which partnered with Mercedes-Benz Group Research, All Nippon Airways, Nura, Oura, and others, also launched a new Wind Down soundscape built in collaboration with The GRAMMY-winning singer, songwriter, and producer James Blake.

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