Hello (Sense)
Defunct maker of the Sense bedside sleep tracker, shut down 2017
Company shut down/wound down after failing to close a fire-sale asset acquisition
Hello (Sense) built a single-purpose sleep gadget that bigger platforms replicated for free, and it ran out of runway in 2017.
Hello sold a small device that sat on your nightstand and tracked your sleep without touching you, then woke you up at the best time. It was not hard to copy because the technology was straightforward, and companies like Apple, Fitbit, and Withings quickly added the same features to products customers already owned (watches, alarm clocks, fitness trackers). The company raised over $40 million but only sold about 21,000 devices before shutting down in 2017 when Fitbit would not buy it. Today, sleep tracking is built into phones, watches, and smart home devices for free, making a standalone sleep device unnecessary.
- 2023-06-06Founder James Proud's new company Config raises $5M seed round, unrelated to Hello
- 2017-12-14Axios reports Hello still seeking a buyer for assets, none confirmed
- 2017-06-12Hello shuts down after failed fire-sale acquisition talks with Fitbit
- 2016-11-01Voice-enabled Sense update ships, last major product release
- 2016-08Hello lands retail distribution deals with Best Buy and Target
- 2015-06Series B closes: $40M led by Temasek Holdings at $250-300M valuation
- 2015-02-24Sense sleep tracker launches, sells approximately 21,000 units
- 2014-08-22Preliminary VC round adds $10.5M from angels including David Marcus
- 2014Kickstarter campaign raises $2.4M from over 19,000 backers
- 2012-08-28Hello founded in San Francisco by James Proud
This page is a post-mortem, not a live assessment, and it carries no band. The blind-test result is the only part made without knowledge of the outcome.