Crunchbase: The three co-founders hope to close out the firm’s first fund with around 15 investments.
Masterson: Our objective is to see every new idea on sleep around the world, so many of these are coming in through our sleep science experts. I think [four or five] of our first six investments came through that sleep science collective. Then we work with several of [the experts] when we’re evaluating these companies and understanding them and asking the right questions. … Once we invest, many of our sleep scientists get involved with our companies in some way, shape or form.
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