Timeshifter raises seed funding, receives prestigious award, and is selected for Silicon Valley innovation program
New York (March 15, 2019) — Timeshifter® - The Jet Lag App® - today announced it will finalize $1.45 million in seed financing, and that it was selected to join the latest group of travel startups by celebrated Silicon Valley startup accelerator, investor, and corporate innovation platform Plug and Play.
Timeshifter, which also just received National Sleep Foundation’s 2019 SleepTech® Award for ‘Best App’ last week, is developed with Harvard Medical School Associate Professor, Steven Lockley, Ph.D., based on the latest research in sleep and circadian neuroscience. Dr. Lockley is a world-renowned expert in circadian rhythms, sleep, and jet lag. He has spent 25 years studying sleep, and works with clients such as NASA Astronauts and Formula 1 drivers on circadian management for optimal performance and health.
With Timeshifter, travelers can create their own easy-to-follow, personalized jet lag plans based on their sleep pattern, chronotype, itinerary, and optional preferences such as pre-travel adjustment or the use of melatonin for even faster adaptation. Timeshifter has already been recognized by leading media and hailed by its users, who have given it an average rating of 4.6 out of 5 stars.
“Timeshifter offers a foundation for improved sleep and jet lag reduction that simply doesn’t exist in the travel industry today. Without Timeshifter’s personalized approach, no traveler can tackle the underlying cause of jet lag, and optimize their performance, enjoyment, and health when traveling. We have seen a number of early engagements from several of our corporate travel and hospitality partners, which is a key indicator Timeshifter is poised to revolutionize the travel experience.”
Timeshifter has joined the Batch 7 / Spring 2019 of Plug and Play’s Travel & Hospitality program. Plug and Play is an innovation platform in Silicon Valley that brings together the best startups, investors, and the world’s largest corporations. The Plug and Play team discovered Timeshifter personally, on a recent trip around the world, on which some used Timeshifter to successfully beat jet lag, while others did not and struggled as a consequence. While Plug and Play saw great potential in Timeshifter, it was up to their corporate partners to invite Timeshifter into the travel cohort. Plug and Play Travel’s partners include Delta Air Lines, American Airlines, CWT, and Star Alliance.
Timeshifter’s investors include retired NASA Astronaut Michael López-Alegría and Air Canada Chairman Vagn Sørensen.
“The award from the National Sleep Foundation and our selection to join Plug and Play’s latest group of travel startups in Silicon Valley represent exciting validation of Timeshifter and its mission. Along with amazing feedback from our users, this recognition confirms our belief that science and smart technology can revolutionize the travel industry. Our new fundraising will allow us to further enhance the Timeshifter app and grow our business partnerships. The Timeshifter team is grateful for these votes of confidence.”
Notes to editors
Press kit:
www.timeshifter.com/news
The science of jet lag:
www.timeshifter.com/the-science-of-jet-lag
About Timeshifter: Timeshifter® - The Jet Lag App® - is developed with world-renowned scientists, based on the latest research in sleep and circadian neuroscience. The same technology used by astronauts and elite athletes to perform at their best, is now available to you. With Timeshifter, you can create your own personalized jet lag plans based on your sleep pattern, chronotype, itinerary, and optional preferences such as pre-travel adjustment or the use of melatonin for even faster adaptation. Timeshifter incorporates a real-world Practicality Filter™, ensuring that the advice is realistic and easy to follow; there is also a unique Quick Turnaround™ feature for business travelers who want to be at their best during short business. An intuitive notification system provides the simple yet powerful advice, even while in-flight. For more information, visit www.timeshifter.com
About Plug and Play: Plug and Play is a global innovation platform headquartered in Silicon Valley. They have built accelerator programs, corporate innovation services, and an in-house VC to accelerate technological advancement. Since inception in 2006, Plug and Play’s programs have expanded worldwide to include a presence in over 20 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 280 official corporate partners, Plug and Play has created the ultimate startup ecosystem in many industries. They provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in the Plug and Play community have raised over $7 billion in funding, with successful portfolio exits including PayPal, Dropbox, Danger, and Lending Club. For more information, visit www.plugandplaytechcenter.com
About National Sleep Foundation: The National Sleep Foundation is dedicated to improving health and well-being through sleep education and advocacy. As the global voice for sleep health, National Sleep Foundation's priority goals are to ensure that: 1. Sleep is used as a vital sign of health by medical professionals and the public; 2. The biological sleep/wake process is common knowledge; 3. Workplaces, schools, homes and transportation infrastructures are designed to be sleep-friendly; 4. Sleep science is rapidly incorporated into products and services. For more information, visit www.sleepfoundation.org