Hapbee Technologies, Inc. (TSX-V: HAPB) (OTCQB: HAPBF) (FSE: HA1) and the Finnish sleep wearables company Oura have partnered to leverage and combine their technology and offer more accurate elaborate sleep data to users.
Hapbee announced the partnership on Tuesday and said that its Smart Sleep Pad and mobile application will now be able to provide customers with sleep recommendations based on data generated by the Oura Ring.
Oura has provided Hapbee with rights to use its proprietary Application Programming Interface (API) in order to develop a novel sleep tracking/sleep enhancement application utilizing both companies software.
The Smart Sleep Pad was built to improve your sleep💤
• Fall asleep faster
• Stay asleep all-night
• Improve your REM sleep
• Wake up refreshedGet yours today by visiting https://t.co/SmMP3l1elt or our link in bio. pic.twitter.com/PP1Yq2haQY
— Hapbee Technologies (@BeHapbee) January 18, 2023
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Hapbee says its application will benefit Oura ring wearers by tracking their sleep improvements, programming personalized sleep routines based on data from the ring and giving individuals the ability to view sleep data from the wearable device in Hapbee’s mobile application.
The new application is designed to offer users custom-tailored Hapbee sleep optimization routines based on data acquired by Oura’s ring analyzing sleep patterns and difficulties. Oura users can choose to share their sleep data with Hapbee and utilize the new application after purchasing the smart ring.
Hapbee designed the application with the broader goal in mind of developing long-term partnerships with leaders in the field of sleep technology and wearables like Oura.
Oura’s smart ring has been purchased by over 1 million customers and in 2020 it was featured in Time Magazine as one of the years 100 best inventions. Hapbee intends to solidify its value among Oura users and others by demonstrating the value of combining the two technologies.
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“Oura is a world leader in consumer sleep and wellness tracking, and Hapbee’s ground-breaking technology is engineered to improve one’s sleep,” said Yona Shtern, CEO of Hapbee adding that the collaboration with Oura was an ideal integration for Hapbee’s technology.
“This is an exciting leap forward by combining two complementary and innovative sleep technologies. It represents a massive pay-off and the logical next step for the growing number of consumers who have been actively tracking their sleep and are looking to put their sleep data to work,” added Brian Mogen, Hapbee’s Chief Science Officer.
Hapbee has sold approximately 1,500 Smart Sleep Pads since the product launched last September. The company’s stock rose by 25 per cent today to $0.075 on the TSX Venture Exchange.
rowan@mugglehead.com
