Exist Tribe
The World's Smartest Sleep Companion
Overview
Raised: $96,400
Total Commitments ($USD)
Wefunder
07/02/2021
10/14/2021
$100
Convertible Note
Pre-Seed
RegCF
$2,000,000
$3,000,000
18%
Rolling Commitments ($USD)
10/31/2021
$927
43
2019
Fitness & Wellness
HealthTech
B2B/B2C
Medium
High
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$22,180 |
$34,783 |
|
COGS |
$32,295 |
$25,548 |
|
Tax |
$623 |
$0 |
| ||
| ||
|
Net Income |
$-44,482 |
$-29,030 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$11,195 |
$4,335 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$11,195 |
$4,335 |
|
Short-Term Debt |
$85,069 |
$33,725 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$85,069 |
$33,725 |
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Founder Profile
Exist Tribe Founder Robert Sweetman on Disrupting Sleep Science
It’s no secret that sleep plays an important role in our physical and mental health. Yet millions of Americans struggle to get enough rest every night. Even the smallest factors, such as light and sound, can interrupt sleep.Exist Tribe is offering a solution for restless nights. The company has developed a smart device called a REST Node with lights and sounds to aid sleep. Exist Tribe is also developing Yoga Pods, which are designed to create an ideal sleeping environment. We reached out to Exist Tribe founder and CEO Robert Sweetman to learn the inspiration behind the company.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.