What the business is
Mobile app with audio self-hypnosis programs to quit smoking, reduce anxiety, lose weight or sleep better
The bet
People will pay for audio hypnosis programs at home, as they do for meditation and fitness apps, and employers will later pay for it as a benefit
Starting capital
$4.6 million (EUR 4.2M) from Frst, Kima Ventures, Raise Ventures and angels, plus Bpifrance equity-free financing
How it started
Founder and CEO Eliott Cohen-Skalli said quitting smoking mattered to him, and he discovered hypnosis, which he found better as a digital experience than in a stranger's office. Oneleaf wrote a handful of 21-day programs for smoking, weight management and poor sleep, working with hypnosis professional Laurent Taton and scientists Emily Balcetis and Judith Prochaska.
What happened
Oneleaf raised $4.6M from Frst, Kima Ventures, Raise Ventures and angels, with Bpifrance adding hundreds of thousands of dollars in equity-free financing. The app had been live for a few weeks with good feedback, sold the library for $68 with in-app purchases for single programs, and aimed at 10,000 downloads a month through ads, keyword content and influencers.
What has to be true
In-person hypnosis sessions are costly, especially in the US
Self-hypnosis at home suits a relaxed, familiar setting
Meditation and fitness apps showed that subscription revenue works for self-improvement content
Employee benefit packages already pay for wellbeing apps, which could add a second revenue line
What can be applied
A wellness subscription borrows its model from meditation apps; the unproven part is whether a niche like hypnosis keeps users, so the founders planned an employer channel.
Aftermath
As of 2023-01-24, Oneleaf was a few weeks live with early feedback described as good, a $68 library price and a goal of 10,000 monthly downloads; no download or revenue data had been reported.
FOLLOW THE EVIDENCE