Somalytics
Somalytics is a technology company.
Financial History
Somalytics has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Somalytics raised?
Somalytics has raised $2.0M in total across 1 funding round.
Somalytics is a technology company.
Somalytics has raised $2.0M across 1 funding round.
Somalytics has raised $2.0M in total across 1 funding round.
Somalytics is a nanotechnology startup developing ultra-low-cost, power-efficient proximity sensors using carbon nanotubes coated on paper, targeting consumer electronics, IoT, transportation, and health/wellness sectors.[1][2] The company builds sensors that detect proximity, movement, solids, or liquids by disruptions in electric fields, outperforming traditional PIR and ultrasonic sensors in cost, efficiency, and size; it serves manufacturers in bathrooms (e.g., faucets, towel dispensers), industrial settings, and sleep tech, solving high costs and power demands of existing sensors.[2] Growth includes a $1.9M raise in 2022, production of 10,000 sensors monthly on a compact machine, and scaling goals to 10M annually by end-2023, with early customer integrations and a CES 2023 launch of SomaSleep—an eye-tracking sleep mask for at-home REM and wellness monitoring.[2][3]
Founded in November 2021 in the Seattle area from University of Washington research, Somalytics emerged from innovations in carbon nanotube materials enabling cheap, tearable paper-based sensors.[2] CEO Barbara Barclay leads the team, driving commercialization; early traction came via customer pilots replacing sensors in everyday products like touchless faucets, alongside rapid prototyping kits with microcontrollers and algorithms for easy testing.[2]
Somalytics rides the IoT proliferation and edge sensing boom, where demand for ubiquitous, low-power sensors fuels smart homes, industrial automation, and wearables amid rising connectivity needs.[1][2] Timing aligns with post-2021 supply chain shifts favoring cheap, scalable U.S.-made components over imported ultrasonics; market forces like energy efficiency mandates and CES hype amplify its edge in replacing legacy tech.[2][3] It influences the ecosystem by democratizing advanced sensing—lowering barriers for startups in hygiene, transportation, and wellness to embed "invisible" intelligence, potentially accelerating IoT adoption in cost-sensitive verticals.[1][2]
Somalytics is poised to hit 10M-sensor scale by 2023, unlocking Series A funding for global expansion into autos, smart factories, and expanded wearables like advanced SomaSleep variants.[2] Trends in sustainable nano-materials and AI-edge computing will propel it, as carbon nanotube costs drop and regulations favor efficient sensors. Its influence may evolve from niche disruptor to sensor platform leader, embedding in billions of devices and reshaping touchless interactions—turning paper-thin tech into the unseen backbone of everyday IoT.[2][3]
Somalytics has raised $2.0M in total across 1 funding round.
Somalytics's investors include WRF Capital.
Somalytics has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in August 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2022 | $2.0M Seed | WRF Capital |