private
Health Care
Equity
Chronic respiratory diseases like COPD and Obstructive sleep apnea (OSA) are often taken lightly or completely ignored. Besides their direct debilitating impact on the patient's quality of life, these diseases also have serious comorbidities including cardiac disease, hypertension, and stroke. The vast majority of chronic respiratory diseases in the U.S. remain unmanaged, costing the healthcare system over $140 billion a year. Our founder, Subath Kamalasan, finds this extremely frustrating. And he is using technology to fix this. Launched in 2013, Somnoware is a cloud-based respiratory healthcare management platform that cuts time to diagnosis by 80%, increases therapy effectiveness by 30%, and can reduce hospital admissions / readmissions by up to 67%. It is already being used by 1 in 5 pulmonologists. We believe that this is just a baby step in our mission to successfully manage all chronic respiratory ailments and drastically reduce the associated healthcare costs.
Equity
$3,400,000
$25,000
$17,000,000
530 Lakeside Drive
Suite 250
Sunnyvale,
California 94085
Accountant
Legal Counsel
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