Cointime

Somnarus

company

About

A medical diagnostic company whose innovative products address the significant unmet need of patients with obstructive sleep apnea.

  • 1 - 10

Highlights

Total Funding Amount
$149.80K
Funding Rounds
1
Investors
1

Details

Last Funding Type
Grant
Last Funding Money Raised
$149.80K
Industries
Biotechnology,Health Care,Medical,Medical Device
Founded date
Jan 1, 2013
Number Of Employee
1 - 10
Operating Status
Active

Somnarus Inc. is a medical diagnostic company whose innovative products address the significant unmet need of patients with obstructive sleep apnea. With 50 million Americans at risk for sleep apnea and the average medical insurance reimbursement rate of $160 per test, Somnarus is entering the market, whose potential is estimated at $8B. Only SomnaPatch™ product combines accuracy and the ease-of-use with guaranteed medical insurance reimbursement and the convenience of in-home delivery.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$149.80K
Somnarus has raised a total of $149.80K in funding over 2 rounds. Their latest funding was raised on Dec 3, 2014 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 3, 2014 Grant $149.80K 1 National Science Foundation — Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Somnarus is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
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