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Life Sciences Series D Founded 1992

NovaSom

Home sleep testing. NovaSom (formerly known as Sleep Solutions Inc. ) is focussed on obstructive sleep apnea (OSA) home sleep testing. Their offering, AccuSom, is an FDA cleared (K110486) home sleep testing system which provides continuous patient support and next-day test results and interpretation. It can be used at the convenience of the users home and does not require any intervention by the doctor. The company…

📍 Glen Burnie, United States · Sleep Medicine,

Funding snapshot

Last roundSeries D
Amount$8M
Date7 June 2019
Total raised$55M
Team size50

About

Home sleep testing. NovaSom (formerly known as Sleep Solutions Inc. ) is focussed on obstructive sleep apnea (OSA) home sleep testing. Their offering, AccuSom, is an FDA cleared (K110486) home sleep testing system which provides continuous patient support and next-day test results and interpretation. It can be used at the convenience of the users home and does not require any intervention by the doctor. The company operates in the Life Sciences > Sleep Medicine, High Tech > Wearable Technology sector. Founded in 1992 and headquartered in Glen Burnie, United States and has raised $55.0 million in Series D funding. Key investors include Square 1 Bank, Safeguard Scientifics, TPG, Quaker Partners Management, Emergent Medical Partners, MedVenture Associates.

Business model

Wearable Technology > Health and Wellness Devices > Sleep Monitoring,

Disease Self Management > Sleep > Monitoring > Sleep Apnea > Device,

Fitness & Wellness Tech > Mind & Body Wellness > Sleep Management > Devices,

Sleep Medicine > Medical Device > Screening > Home Based

Institutional investors

Square 1 Bank Safeguard Scientifics TPG Quaker Partners Management Emergent Medical Partners MedVenture Associates

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