Apnimed

Cambridge, United States Founded: 2017 • Age: 9 yrs
Small molecule therapeutics for obstructive sleep apnea are developed.
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About Apnimed

Apnimed is a company based in Cambridge (United States) founded in 2017 by Lawrence G Miller.. Apnimed has raised $224.33 million across 7 funding rounds from investors including NexPoint, Alpha Wave Global and Sectoral Asset Management. Apnimed offers products and services including AD109. Apnimed operates in a competitive market with competitors including Aculys, Avadel Pharmaceuticals, Mosanna Therapeutics, Circadian Therapeutics and sofi, among others.

  • Headquarter Cambridge, United States
  • Founders Lawrence G Miller
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Apnimed Inc
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $224.33 M (USD)

    in 7 rounds

  • Latest Funding Round
    $23 M (USD), Debt – Conventional

    Sep 17, 2025

  • Investors
    NexPoint

    & 6 more

  • Employee Count
    Employee Count
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Products & Services of Apnimed

Apnimed offers a comprehensive portfolio of products and services, including AD109. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Investigational treatment for improving oxygenation in obstructive sleep apnea.

People of Apnimed
Headcount 10-50
Employee Profiles 18
Employee Profiles
People
Andrew Wellman, MD, PhD
Co-Founder
People
John Cronin, MD
Senior Vice President - Clinical Development
People
Gina Marek CPA, MBA
Senior Vice President Finance
People
Nancy Yarley
Sr Manager

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Funding Insights of Apnimed

Apnimed has successfully raised a total of $224.33M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $23 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 7
  • Last Round Debt – Conventional — $23.0M
  • First Round

    (07 Aug 2019)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2025 Amount Debt – Conventional - Apnimed Valuation

investors

Apr, 2025 Amount Series C - Apnimed Valuation

investors

Dec, 2022 Amount Series C - Apnimed Valuation Alpha Wave Global
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Apnimed

Apnimed has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include NexPoint, Alpha Wave Global and Sectoral Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on growth-stage companies
Founded Year Domain Location
Sectoral Asset Management is focused on global healthcare investment.
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Apnimed

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Apnimed

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Apnimed Comparisons

Employees
+
Add Comparison
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Competitors of Apnimed

Apnimed operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aculys, Avadel Pharmaceuticals, Mosanna Therapeutics, Circadian Therapeutics and sofi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Therapeutic medicines for neuropsychiatric and sleep disorders are developed.
domain founded_year HQ Location
Proprietary drug delivery technologies and narcolepsy treatments are developed.
domain founded_year HQ Location
Small molecule therapeutics for sleep apnea are developed.
domain founded_year HQ Location
Developer of therapeutics to treat circadian rhythm disruption
domain founded_year HQ Location
Provider of natural remedy based mental & physical wellbeing services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Apnimed

Frequently Asked Questions about Apnimed

When was Apnimed founded?

Apnimed was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Apnimed located?

Apnimed is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Who is the current CEO of Apnimed?

Lawrence G Miller is the current CEO of Apnimed. They have also founded this company.

Is Apnimed a funded company?

Apnimed is a funded company, having raised a total of $224.33M across 7 funding rounds to date. The company's 1st funding round was a Series C of $79.75M, raised on Aug 07, 2019.

What does Apnimed do?

Apnimed was founded in 2017 and is based in Cambridge, United States. Small molecule-based therapeutics are developed by the company within the biotechnology sector for treating obstructive sleep apnea. A combination therapy of atomoxetine and oxybutynin has been formulated to lessen the conditions severity. Neurological mechanisms controlling upper airway dilator muscles are addressed, resulting in enhanced respiration and oxygenation while sleeping. Operations focus on advancing these treatments through clinical development.

Who are the top competitors of Apnimed?

Apnimed's top competitors include Mosanna Therapeutics, Avadel Pharmaceuticals and Aculys.

What products or services does Apnimed offer?

Apnimed offers AD109.

Who are Apnimed's investors?

Apnimed has 7 investors. Key investors include NexPoint, Alpha Wave Global, Sectoral Asset Management, Tao Capital Partners, and Columbia-Seligman Investments.

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