Revery gets $2M to improve mental health with mobile gaming techniques – TechCrunch
In “Macbeth,” Shakespeare described sleep as the “chief nourisher in life’s feast.” But like his titular character, many adults aren’t sleeping well. Revery wants to help with an app that combines cognitive-behavioral therapy (CBT) for insomnia with mobile gaming concepts. Founded in 2021, Revery is in beta stealth mode and plans to launch its app in the United States later this year. The company announced today it had raised $2 million, led by Sequoia Capital India’s Surge program. Participants included GGV Capital, Pascal Capital, ventures (Razer’s corporate venture arm), angel investors like MyFitnessPal co-founder Albert Lee; gaming entrepreneur Juha Paananen; CRED founder Kunal Shah; Mobile Premier League founder Sam Srinivas; Carolin Krenzer; and Josh Lee.
Lee, a mutual friend, first introduced Revery’s founders, Tammie Siew and Khoa Tran. Before launching the startup, Siew worked at Sequoia Capital India, Boston Consulting Group, and CRED, while Tran was a former product manager at Google. Recovery plans focus on other mental health issues in the future. Still, it’s starting with sleep because “it has such a strong correlation with mental health, and we’re leveraging protocols, cognitive behavioral therapy for insomnia, that’s robust and has been tried and tested for 30 years,” Siew told TechCrunch.
“That is the first indication, but the goal is to build multiple games for other wellness indications.” A study by research firm Infinium found that about 30% to 45% of adults worldwide experience insomnia, a problem exacerbated by the COVID-19 pandemic. Chronic lack of sleep is linked to many health issues, including high blood pressure, strokes, depression, and lowered immunity. For Revery’s team, which includes former Zynga and King lead game designer Kriti Sawa and software engineer Stephanie Wong, their focus on sleep is personal.
Avery’s team on a Zoom call
“Everyone on our team has a deeply personal connection to the mission because everyone on our team has experienced or had a family member or friend go through challenges in mental health,” said Siew. “They’ve seen how late intervention creates consequences that could have been avoided if they had gotten help earlier.” When Tran was 15, he was diagnosed with hypertension and several other health conditions that needed medication. After getting surgery, Tran’s blood pressure became routine, and many of his other conditions also improved. It wasn’t until he was 26 that Tran discovered that sleep apnea was at the root of his medical issues.
“When I finally got treatment for my sleep disorder, only then did I realize the impact of sleep on mental health,” Tran said. “I was fortunate that a doctor caught my sleep disorder and was super lucky to have the time and resources to get treatment. For many people, it’s incredibly inaccessible.” Revery’s medical advisory team includes the doctor who performed Tran’s surgery, Stanford Sleep Surgery Fellowship director Dr. Stanley Liu; Stanford professor and behavioral sleep medicine expert Dr. Fiona Barwick; and Dr. Ryan Kelly, a clinical psychologist who researches video games that can be used in therapy.
When people think of sleeping apps, those focusing on meditation (Calm and Headspace, for example) or soothing noises usually come to mind. The Revery team isn’t sharing many details about its app before launch but says it draws from casual mobile games designed to get people to return for short play sessions over a long period. The goal is to use gamification to make CBT practices interactive and fun, becoming part of users’ daily routines. “That’s the same kind of gameplay that Zynga and King have used, which is why Kriti’s experience is super helpful,” said Siew. Casual games revolve around rewarding people for minor actions, and for the Revery app, that means positive reinforcement for habits that contribute to better sleep. For example, it will reward people for putting their phones down.
“I think a lot of people have the misconception that solving sleep is only at the time you fall asleep. They don’t realize that sleep is impacted by what you do throughout the day,” Siew said. “A big part is also what are your thoughts, behavior, and the other things that you do, so to effectively and sustainably improve sleep, we also have to change your thoughts and behaviors outside of the time you’re trying to fall asleep.” In a statement, GGV Capital managing director Jenny Lee said, “We are excited about the growing mental wellness market and believe that Revery’s unique mobile game-based approach has the opportunity to create immense impact. We are happy to back such a mission-driven team in this space.”
