Timeshifter Expands with New Funding Round
Timeshifter, a company dedicated to reducing jet lag and managing shift work disruption through its popular apps and concierge services, has announced a new funding round totaling $5.3 million. The round was led by Skip Capital, with participation from investors including Nico Rosberg, Michael López-Alegría, and Brian Kelly.
Company Background
Founded by Jacob Ravn and Mickey Beyer-Clausen, who serve as Co-Founder & CXO and Co-Founder & CEO respectively, Timeshifter has gained recognition for its innovative approach to improving sleep and performance. The company's flagship product, widely regarded as the most downloaded jet lag app, has reached over 1.6 million users worldwide. It partners with major travel providers such as United Airlines, Lufthansa, and InterContinental Hotels & Resorts to offer solutions that help travelers minimize jet lag.
Strategic Use of Funds
The newly acquired funds will primarily support Timeshifter's expansion into new markets, focusing on shift work and healthcare. This move aims to address the significant impacts of circadian disruption on safety, performance, and long-term health outcomes. Timeshifter is leveraging its expertise in circadian science to develop practical tools that enhance sleep, alertness, and overall well-being.
Expanding Beyond Travel
While Timeshifter's initial focus has been on travel-related applications, the company is now extending its reach to shift workers, a global segment where nearly one in five individuals face challenges due to irregular schedules. Industries such as healthcare, energy, logistics, and transportation have begun adopting Timeshifter's solutions to improve worker safety and efficiency.
In addition to consumer applications, Timeshifter provides specialized concierge services for elite athletes, astronauts, and teams, helping them optimize performance in high-stakes environments like professional sports and space missions. This broader application of circadian biology is expected to gain traction across various sectors.
Insights from Leadership
Mickey Beyer-Clausen, Co-Founder & CEO, emphasized the importance of circadian clocks in governing human functions such as sleep, metabolism, and immune function. The company aims to mitigate the human and financial costs associated with ignoring circadian biology, particularly for travelers, shift workers, and athletes.
Timeshifter's innovative approach and recent funding position it to be a leader in circadian technology, providing solutions that enhance health and performance across diverse industries.