Business Overview

Feb 2015
Date Founded
Active
Operating Status
32
Employees

Somatix develops data-integrated behavioral health therapies. The companys technology utilizes sensors in smartwatches and wristbands to enable real-time measurement of smoking, drinking, eating, and other hand-to-mouth gestures. The data can then be mined for interpretations and applications for both individual and healthcare enterprise clients. The companys initial product, SmokeBeat, is a data-analytics software platform for wearables that detects when users are smoking and facilitates an effective cessation process in real time. SmokeBeat can distinguish between smoking and eating, drinking, shaving, and other actions. Once the device identifies the smoking gesture, it initiates a behavioral change process based on cognitive behavioral therapy methodology (as advised by a primary care physician/clinician). This process exposes the user to financial, emotional, social, and rational incentives, measuring their effect over time and then adapting them accordingly to increase the efficacy of the smoking reduction process.

Investors

Funding Rounds

$7.5 M

Total Funding
1
No. of Investors

3

Funding Rounds
4.00x
Funding Growth

New wpDataTable

Date Announced

Funding Round

Amount Raised

Investors

July 2017
Series A
$6 M
April 2015
Seed
$1.5 M

AI Technology Stack

7
AI Team Size
AI Types

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Startup Snapshot

Operating Status
Active
AI Team Size
7
Total Funding
$7.5 Million
Founded
February 2015
Funding Stage
Series A

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