This decision to file for bankruptcy, including its subsidiary Bonzun Evolve, was announced after efforts to adapt the business model and expand services failed to meet expectations. Interim CEO and shareholder Micael Gustafsson expressed that despite exhaustive efforts to save the company, the reduction in service compensation by Region Stockholm and the lack of financial support from major shareholders left them with no other choice.

“It’s incredibly sad for everyone and in the long run for healthcare in Sweden, which unfortunately now discards one of the world’s best treatments for serious sleep problems.”

Gustafsson lamented the impact this would have on the treatment of serious sleep disorders in Swedish healthcare.

For more details, you can read the full article here.

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Learning to Sleep Digital Programme helps people treat sleep problems and put the biological clock on the right track with the help of experienced psychologists and therapists. The programme takes 5 weeks and so far 94% of trial’s participants have received positive outcome. The startup’s programme is tailored for each client’s routine and needs.

CEO Micael Gustafsson has told Rapidus, that:

“Right now we are targeting marketing to insurance companies and private actors, but we except the treatment to be a part of the care choice.”

According to Gustafsson, this kind of programme is only available in the USA and not Europe, so the startup would like to go on the market as soon as possible.

Source: Rapidus.

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Learning to Sleep offers clinically proven sleep programs for people with sleep disorder through web and mobile devices. The service is based on cognitive behavioral therapy. It has been said that this mobile service has helped over 40,000 people to live a better life, and it creates a unique relationship between the patients and their physicist. The support from Health XL is a huge towards future growth and gives the company a chance to prove itself to future partners. You might want also to check out this contact form to opt with your disorders or anxiety you’re facing.

“If you look at the companies already in the Health XLplatform, 90% of them are located in London, Berlin and West coast of teh US and have raised approximately 84 million SEK (9 million euros) in their latest round of investment. Being a part of the platform is a good sign for us,” says Micael Gustafsson, founder and CEO of Learning to sleep.

Another important thing about joining Health XL is that main competitor of Learning to Sleep, Sleepio, is already a member of the platform as well.

The company also intends to enter various markets internationally, where there is a high amount of potential consumers. Peter Boye, another co-founder, and Micael Gustafsson are now aiming to enter the Danish, German and UK markets.

“As soon as we have a good business case in the Swedish consumer market, we want to spread internationally,” says Micael Gustafsson “United States and Germany are not just large market but also have a higher willingness to pay for services in mobile health.”

So far Learning to Sleep has establishing contact with a company in Denmark which is working with a follow-up program to be used in addition to their drugs for depression. The goal for the US market is to work with preventive treatment.

There are a few companies in Sweden that are in the Health XL platform but none of them have been verified by them. So this is a huge success for Learning to Sleep!

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