2012 Founded
2015 Temasek led funding for US$40M raised US$20M
It's a single product company. It produced a sleep tracker called "Sense" that tracks the noise, light, humidity, and temperature in the user’s bedroom.
The founder is James Proud who is a Peter Thiel Fellow.
Peter Thiel is the billionaire founder of Paypal. The Peter Thiel Fellowship offers college kids US$100,000 if they will drop out of college and take their idea to go create something -- start a company, build anything.
The 'Sense' sleep tracker is the kind of new techy life sciences products that Temasek likes. In the Temasek led funding round 2015 the valuation was put at about US$250M. Total disclosed funding was US$52.9M.
Hello managed to ship their products. In 2017 Hello Inc decided to sell their assets to Fitbit but the deal was not consumed. They continued to find buyers. The company has closed but their website is still available.
Temasek's invesment numbers are unknown.
Investment Watch:
The monies gone. How much is unknown. Is it still in Temasek's books?
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