Bangalore based start-up, Atmana, which helps combat technology addiction, has raised $500k as part of its seed round of funding. The round saw participation from investors like Y Combinator, Goodwater capital & angels like Dhruv Gupta, co-founder of Orange health, and Austen Allred, founder of Lambda school. Atmana was part of the last batch (S21) of Y Combinator.
“Neurologically, technology addiction is no different from a substance addiction,” said Tejas Balasubramanya, the founder. “We have psychiatrists and psychologists in our team who help us leverage proven techniques from addiction treatment in tackling technology addiction.”
According to a statement, “Atmana has already helped over 1.5 million people globally in over 100 countries with their mobile apps. Currently, have more than 10,000 paying customers primarily from countries like the US, UK, Canada, Germany, etc.”
“I’m quite a productivity freak and wanted to cut down on the hours that I used to spend every day on YouTube and Quora. Though there were existing tools, they failed to keep me accountable to my goals and I used to fail in cutting down usage. I felt there had to be a better way,” added Tejas.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.