219%
Raised
£1,649,520
Investors
841
Target
£750,000
Equity
21.76%
Pre-money valuation
£5,929,699

VC backed and with one of the UK's largest Kickstarter campaigns, Kokoon use clinically validated audio and EEG sensors in their headphones to aid sleep & relaxation. Product development is now complete, they’ve been approached by a number of leading retailers & have signed distribution agreements.

  • Over 16,000 units and £2.8m of pre-order sales
  • Team are ex Cambridge Consultants, Apple, Cisco, Fitbit, and more
  • Previous funding of £1.2m+ from leading venture capitalists
  • Market projected to reach $84.9bn by 2021

Idea

We founded Kokoon in 2013 to bring the world better sleep. Many of us struggle sleeping at some point, be it on long flights, noisy neighbours, stress, or a racing mind. We found the answer in a sleep clinic – relaxing audio, a highly effective sleep aid with efficacy validated in multiple clinical trials. Now we’re bringing those benefits out of the sleep clinic to consumers.

After three years of development working with premium acoustics brand Onkyo, we have created what we believe is the world’s first headphone and mobile app designed to aid sleep and relaxation. Comfortable enough to be slept in, they create a sanctuary for rest and relaxation. EEG sensors, an established approach to sleep measurement, will measure brain activity to understand how users respond to our audio and automatically adjust in response.

We’ve had encouraging early traction with over £2.8m in pre-order sales and over 16,000 units ordered. We have interest from major retailers, distribution agreements signed and are progressing partnerships with two airlines.

The hardware development process is over and we’re ready to manufacture. We are raising growth capital to launch our headphones in the UK and abroad, as well as expand our team. Our existing institutional investors have committed to invest in us again, but we want to give those passionate about Kokoon the chance to invest and join our mission.

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Kokoon has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

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