What is the story about?
What's Happening?
Sunrise Group, a leader in sleep health technology, has raised $29 million to expand its digital sleep clinic, Dreem Health, across all 50 U.S. states. The funding round was led by Eurazeo, with participation from Amazon and other investors. Dreem Health connects patients with licensed sleep specialists for remote diagnosis and treatment, addressing the shortage of sleep physicians in the U.S. The expansion aims to make expert sleep care accessible and affordable, covered by insurance, and available remotely.
Why It's Important?
The expansion of Dreem Health addresses the critical shortage of sleep physicians in the U.S., where millions suffer from sleep disorders. By providing remote access to sleep specialists, Sunrise Group is making sleep care more accessible and affordable, potentially reducing healthcare costs associated with untreated sleep issues. This initiative could influence the healthcare industry to adopt more digital solutions for specialized care, improving patient outcomes and accessibility.
What's Next?
With the new funding, Sunrise Group plans to accelerate Dreem Health's nationwide expansion, broaden its range of clinical services, and invest in next-generation sleep technology. The company aims to enhance the detection, monitoring, and treatment of sleep disorders, potentially setting a precedent for digital health solutions in other areas of healthcare.
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