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Categories
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Entertainment
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Min Investment
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$300
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Offering Date
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October 10, 2022
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Expected Close Date
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January 04, 2023
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Target Raise
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$10.00K-$1.24M
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No. Investors
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26
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Security Price
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$20
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Valuation
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$20,000,000
- Number of Employees
- 3
- Cash
- $191,996
- Revenue
- $11,199
- Short Term Debt
- $96
- Cost of Goods
- $121,144
- Long Term Debt
- $525,000
- Net Income
- $-390,150
Company Description
Sona Labs is a digital therapeutics company that’s using the power of restorative music to improve mental health. Sona Labs produces original music that is based on scientific research and delivered through mobile devices, virtual reality, augmented reality, and live experiences. We are currently finalizing a clinical study to get one step closer to ideally achieving FDA approval.
Perks
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$300+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
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Friends and Family Early Birds
Invest within the first 72 hours and receive 20% bonus shares.
2
days
10
hours
15
mins
16
secs
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$300+ Investment
Level 1
Receive an investor shout-out on social media
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$1,000+ Investment
Level 2
- Receive an investor shout-out on social media
- Get shareable personalized 30-day trial code (ie: AMANDA30)
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$5,000+ Investment
Level 3
- Receive an investor shout-out on social media
- Get shareable personalized 30-day trial code (ie: AMANDA30)
- 1 on 1 Zoom call with sona founder to discuss strategy
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$10,000+ Investment
Level 4
- Get 10% bonus shares
- Receive an investor shout-out on social media
- Get shareable personalized 30-day trial code (ie: AMANDA30)
- 1 on 1 Zoom call with sona founder to discuss strategy
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$25,000+ Investment
Level 5
- Get 15% bonus shares
- Receive an investor shout-out on social media
- Get shareable personalized 30-day trial code (ie: AMANDA30)
- 1 on 1 Zoom call with sona founder to discuss strategy
- Quarterly Investor Updates
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$50,000+ Investment
Level 6
- Get 20% bonus shares
- Receive an investor shout-out on social media
- Get shareable personalized 30-day trial code (ie: AMANDA30)
- 1 on 1 Zoom call with sona founder to discuss strategy
- Quarterly Investor Updates
Key Deal Facts
Our proprietary original content is made-in-house by Grammy-winning producers using a proprietary composition process that has been scientifically shown to increase alpha waves in the brain, providing in-the-moment relief for listeners.
Our clinical trial plans have been approved by the FDA. According to our research, we're positioned to become the first FDA-approved sound therapy solution for anxiety.
The digital therapeutics market is experiencing massive growth, predicted to increase at a CAGR of 28%, from $3.2 billion in 2021 to $14.5 billion by 2028 (Source).
Management Team / Advisory Board Bios
Dennis Hauser
Co-founder, Head of Finance
Dennis is the Chief of Staff at Celonis. Previously, he was on the Investment Team at CREANDUM. He holds an MBA from University of California’s Haas School of Business.
Shashank Pandya
Head of Engineering
Shashank is a polyglot engineer with 15+ years experience. Previously, he was Co-founder and Chief Technology Officer of Tully. He has scaled engineering teams from 1 to 40 engineers.
Marni Wandner Ashby
Head of Marketing
Marni Wandner Ashby is a creative strategist, entrepreneur and certified holistic health coach. Previously, she was VP of Marketing at The Syndicate and the founder of Sneak Attack Media.
Dr. Robert T. Knight
Science Advisor
Dr. Robert T. Knight is a Professor of Neuroscience at University of California, Berkeley. His work is focused on attention and memory, neuropsychology, physiology, and cognitive neuroscience.
Avgusta Shestyuk, PhD
Science Advisor
Avgusta is the Global Head of Science and Research at NielsenIQ. She is an experienced neuroscientist with a demonstrated history of working in the research industry with strong professional skills in human neuroscience, direct brain recordings, experimental design, cognitive science and data analysis.
Lance Kriegsfeld, PhD
Science Advisor
Lance Kriegsfeld is a professor in the Psychology department at University of California, Berkeley. He specializes in behavioral neuroendocrinology, circadian biology, reproductive behavior and physiology, and behavioral neuroscience.
Warren Riker
Head of Sound Design
Warren is a 3X Grammy-winning engineer (Santana, Lauryn Hill, The Fugees) and has a producer, engineer or mixer credit on over 40 million records sold.
Rick St. Hilaire
Mastering Engineer
Rick St. Hilaire is a 2X Grammy-winning engineer (Alicia Keys, Damian Marley) with over 30 platinum records.
Andrew Chen
Data Analyst
Andrew is a junior at UCLA majoring in Statistics. He enjoys leveraging data to understand and bring new business ideas to life.
Katie Lee
Marketing & Business Development
Katie is a junior at UCLA interested in International Studies with a minor in Music Industry. She is also a cellist in the UCLA Symphony.
Luca Repola
Creative Advisor
Luca is the Co-founder of Eternal. Previously, he founded his own creative media studio working with world-class brands like HBO, Dior, DKNY, Paper Magazine, Away, and more.
Mazen Alawar
Marketing Advisor
Mazen Alawar is the Head of Marketing at Cosm. Previously, he was Managing Director of Marketing at the Recording Academy, the company behind the GRAMMY Awards.