{"id":51561,"date":"2022-12-05T15:02:20","date_gmt":"2022-12-05T14:02:20","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/dawn-health-the-leading-virtual-insomnia-clinic-raises-strategic-capital-to-expand-as-full-stack-provider\/"},"modified":"2022-12-05T15:02:20","modified_gmt":"2022-12-05T14:02:20","slug":"dawn-health-the-leading-virtual-insomnia-clinic-raises-strategic-capital-to-expand-as-full-stack-provider","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/dawn-health-the-leading-virtual-insomnia-clinic-raises-strategic-capital-to-expand-as-full-stack-provider\/","title":{"rendered":"Dawn Health, the Leading Virtual Insomnia Clinic, Raises Strategic Capital to Expand as Full-Stack Provider"},"content":{"rendered":"
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\nCompany plans to use capital infusion to scale proven platform to millions of Americans who lack access to Insomnia therapy\n<\/p>\n

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SAN FRANCISCO–(BUSINESS WIRE)–San Francisco-based sleep health start up, Dawn Health, has raised a strategic funding round led by Kindred Ventures, with participation by Bragiel Brothers.\n<\/p>\n

\nDawn has built an award-winning virtual clinic for treating Insomnia, a sleep disorder that is estimated to afflict 49 million Americans in it\u2019s chronic form and generate $84 billion in healthcare costs and over $100 billion in safety incidents and lost productivity. The average wait time to see a sleep therapist is 6 weeks today, but less than 2 days with Dawn. Patients also begin reporting better sleep in about 2 weeks with Dawn vs 5 weeks with traditional therapy.\n<\/p>\n

\nDawn has been rapidly expanding it\u2019s health insurance coverage and is now available at no-cost or for a co-pay for over 35 million Americans, in addition to being available on an out-of-pocket basis for patients in all 50 states.\n<\/p>\n

\n\u201cMaking quality sleep therapy accessible and affordable to every American is core to our mission,\u201d says CEO, Rahul Shivkumar. \u201cGetting payor coverage in a few states is a good start, but we plan to expand to cover most American lives by 2025.\u201d\n<\/p>\n

\nRecognizing the need to dramatically improve traditional talk therapy and medication-based treatment for people suffering from Insomnia, and provide broader access to care, Dawn has brought together the power of Silicon Valley technologists with CBT-I-trained Therapists to provide an end-to-end insomnia virtual clinic.\n<\/p>\n

\nFollowing a short questionnaire, patients are paired with a Sleep Therapist who guides them through a clinically proven program which includes:\n<\/p>\n