USA – Happy Health, an Austin, TX-based provider of a wearable designed to measure stress and mood 24/7, raised $60M in Series A funding.
The round was led by ARCH Venture Partners.The company intends to use the funds to accelerate growth and expand operations.Co-founded by Sean Rad, Dustin Freckleton, Sue Smalley, Paul Berns, and Robert Nelsen, Happy Health is a mission-driven technology company committed to transforming mental health awareness through the Happy Ring, a wearable measuring stress and mood 24/7.Happy Ring works by measuring stress, mood, and sleep in real-time; paired with sensor-driven insights and exercises to help users see what works for them, constantly guiding them on journey towards greater self-care. The technology uses custom-designed biometric sensors and proprietary adaptive AI to capture brain signals from the peripheral nervous system and translate those into real-time objective measures of mood state. Featuring a proprietary, custom-designed EDA sensor, the Happy Ring measures activation of the sympathetic nervous system as it happens. The ring also has sleep tracking accuracy and four skin electrodes, four wavelengths of light, three-axis movement tracking, and two temperature sensors. It is made from advanced, medical-grade materials including a diamond-hard ceramic exterior, and inner materials made from non-allergenic resin with platinum electrical pads. The ring is water and impact resistant and features a battery life of up to three days.The Happy Ring will initially be available exclusively in the United States in sizes 6-12. 24/08/2022
