What Dreem does

Dreem, operating commercially as Dreem Health, is a US-based virtual sleep clinic serving adults with sleep disorders including sleep apnea, snoring, insomnia, restless leg syndrome, circadian rhythm disorders, hypersomnia, and parasomnia. The company delivers end-to-end sleep care through a three-step workflow: an initial telehealth consultation with a sleep specialist (MDs and nurse practitioners), an at-home sleep test using a small overnight wearable device that provides polysomnography-equivalent diagnostic data, and a treatment plan that includes CPAP device prescription, fulfillment, and ongoing support. The platform is ACHC-accredited, LegitScript-certified, and HIPAA-compliant, and is in-network with United Healthcare, Medicare, Anthem, Cigna, and Aetna, covering 170M+ lives across all 50 states with self-pay options available.

The underlying technology stack combines FDA-cleared at-home sleep monitoring hardware — originally developed in Paris and now integrated into Beacon Biosignals' AI-driven EEG analytics platform following the July 2023 divestiture — with a telehealth delivery layer and clinical operations infrastructure. Patients access care through a self-serve booking portal (getstarted.dreemhealth.com) without requiring a primary care referral, and providers can submit referrals via a dedicated fax form. The company reports 60% of bookings completed within 48 hours, an 87.5% patient recommendation rate, and a 4.7 Google rating across 200+ reviews.

Dreem Health generates revenue through three streams: insurance-reimbursed telehealth services billed to major payers, out-of-pocket self-pay for uninsured patients, and CPAP device and supplies sales following diagnosis. The company was founded in Paris in 2014 as Dreem, raised over $57 million in venture funding across multiple rounds (including a $35 million round in 2018 led by Bpifrance and Johnson & Johnson), and divested its R&D and hardware business to Beacon Biosignals in July 2023. The consumer-facing virtual clinic now operates under Sunrise Group, a strategic parent positioned as a global sleep health operator. Founders Quentin Soulet de Brugiere and Hugo Mercier were associated with the original Paris entity.

Name

Dreem

Legal name

Dreem Health

Website

https://dreem.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Dreem Health is a US-based virtual sleep clinic providing telehealth consultations, at-home sleep testing, and CPAP treatment for sleep apnea, insomnia, and related disorders, serving individual patients across all 50 states through major insurance networks and self-pay options.

Ownership category

akta.pro rank

Product category

Virtual Sleep Medicine

NAICS

Offices of Physicians (6211), Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro primary industry

Pulmonology & Sleep Medicine Telemedicine Platforms (HLALAGAF)

akta.pro secondary industries

Sleep Diagnostics & Monitoring (PSG/Home Sleep Testing, Actigraphy) (HLAHAGAB), Sleep Medicine Clinic (HLAKANAB)

Keywords

• Virtual sleep clinic
• Sleep apnea treatment
• At-home sleep testing
• CPAP therapy services
• Telehealth sleep medicine

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Insurance-reimbursed telehealth services: Dreem Health accepts major insurance plans (United Healthcare, Medicare, Anthem, Cigna, Aetna) and bills for virtual sleep clinic appointments, at-home sleep tests, and CPAP device provision. Patient costs depend on their specific plan, copay, and deductible, with the company verifying insurance in advance.
2. Out-of-pocket / self-pay services: For patients without insurance coverage, Dreem Health offers self-pay options with simple, upfront pricing. The company states prices are transparent and available on request.
3. CPAP device and supplies: Following diagnosis, patients receive CPAP machines and related equipment as part of their treatment plans, which may be billed to insurance or self-paid.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Dreem Health is a virtual sleep clinic that delivers end-to-end sleep care from home, including online consultations with board-certified sleep specialists (MDs and nurse practitioners), FDA-cleared at-home sleep testing using a small overnight wearable device, and CPAP machine prescription, provisioning, and ongoing support. Patients can self-refer without a primary care referral, get diagnosed for conditions including sleep apnea, insomnia, snoring, restless leg syndrome, circadian rhythm disorders, hypersomnia, and parasomnia, and start treatment, with services accepted by major insurance plans across all 50 U.S. states.

Product overview

Dreem Health operates as a unified virtual sleep clinic platform offering end-to-end sleep care services. The core product is the Virtual Sleep Clinic, which integrates online consultations with sleep specialists, at-home sleep testing using a small overnight wearable device, and CPAP treatment provisioning. The platform accepts major insurance plans and self-pay patients across all 50 U.S. states, providing diagnosis and treatment for conditions including sleep apnea, snoring, insomnia, restless leg syndrome, circadian rhythm disorders, hypersomnia, and parasomnia.

Differentiator

Problem solved

Functional benefit

Products and services

• Dreem Health Virtual Sleep Clinic A virtual sleep clinic platform that delivers end-to-end sleep care to U.S. patients, including telemedicine consultations with board-certified sleep specialists (MDs and nurse practitioners), at-home sleep testing, diagnosis, and treatment for conditions such as sleep apnea, snoring, insomnia, restless leg syndrome, circadian rhythm disorders, hypersomnia, and parasomnia. Accepts major insurance plans and self-pay across all 50 U.S. states.
• At-Home Sleep Test A small overnight wearable device shipped to patients' homes to diagnose sleep disorders, providing polysomnography-equivalent data without requiring an in-lab visit. Used as part of the Dreem Health virtual clinic workflow when a sleep specialist recommends testing.
• CPAP Treatment Program CPAP device prescription, provisioning, and ongoing support for patients diagnosed with sleep apnea through the Dreem Health virtual clinic. Includes device fitting assistance, settings tuning, and follow-up care to support therapy adherence.

Quantifiable outcome

• 60% of bookings completed within 48 hours
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core.

• United HealthcarecoreOthersMajor insurance provider accepted by Dreem Health, covering a portion of the 170M+ lives covered through accepted plans.
• MedicarecoreOthersFederal health insurance program accepted by Dreem Health, enabling coverage for eligible beneficiaries across all 50 states.
• AnthemcoreOthersMajor insurance provider accepted by Dreem Health as part of their payer network.
• CignacoreOthersMajor insurance provider accepted by Dreem Health as part of their payer network.
• AetnacoreOthersMajor insurance provider accepted by Dreem Health as part of their payer network.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• ResMed: Global leader in sleep apnea devices and CPAP machines, plus connected health platforms. Comparable because it sits upstream of Dreem's CPAP fulfillment chain and increasingly competes downstream via direct-to-patient channels.
• Apria Healthcare (Owens & Minor Patient Direct): Large national durable medical equipment provider for CPAP and home sleep testing. Comparable as an established fulfillment and care channel for sleep apnea patients, increasingly competing in virtual and home-based delivery.
• Hims & Hers Health: Large DTC telehealth platform covering multiple conditions including sleep and mental health. Comparable as a national virtual care brand with self-pay and insurance dynamics, although broader in scope than Dreem's sleep-only focus.
• Maven Clinic: Virtual specialty care platform for women's and family health with payer and employer contracts. Comparable as a virtual specialty clinic with insurance contracting and nationwide reach, though in a different clinical vertical.

Direct peers

• Luna Sleep: DTC virtual sleep clinic offering at-home sleep testing, diagnosis, and CPAP treatment with insurance coverage. Closely comparable operating model, condition scope, and patient channel to Dreem Health.
• Sleep Reset: Digital sleep clinic focused on insomnia and sleep apnea, providing at-home testing and CBT-I-based programs. Comparable DTC virtual sleep-care delivery with insurance and self-pay pathways.
• Big Health: Digital therapeutic company offering Sleepio for insomnia and other behavioral sleep programs. Comparable as a virtual-first sleep care provider with payer and employer contracting, although focused on CBT-I rather than apnea.

Emerging players

• Noctrix Health: Emerging clinical-stage company developing prescription neurostimulation therapies for sleep disorders. Adjacent peer operating in the prescription sleep medicine category that overlaps with Dreem's clinical treatment pathways.
• EnsoData: AI-powered sleep study analysis platform used by sleep clinicians and labs. Adjacent peer because it sits in the sleep diagnostics technology stack that Dreem's testing workflow depends on, especially post-hardware divestiture.
• Itamar Medical (ZOLL Itamar): Developer of FDA-cleared home sleep testing devices (WatchPAT) and digital health platforms for sleep apnea. Comparable in the at-home sleep diagnostics category that complements Dreem's clinical services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/dreemrythm

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dreem