Apnimed

Cambridge, United States Founded: 2017 • Age: 9 yrs
Small molecule therapeutics for obstructive sleep apnea are developed.
Annual revenue - Latest available
Total funding $249.3M 9 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Apnimed

Apnimed is a company based in Cambridge (United States) founded in 2017 by Lawrence G Miller. Apnimed has raised $249.33 million across 9 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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Apnimed Inc
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $249.33 M (USD)

    in 9 rounds

  • Latest Funding Round
    $50 M (USD), Debt – Conventional

    Apr 07, 2026

  • Investors
    NexPoint

    & 6 more

  • Employee Count
    Not available
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Products & Services of Apnimed

Apnimed offers a comprehensive portfolio of products and services, including AD109.

Product name locked
Category locked
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 $249.33M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50 million completed in April 2026. 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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on growth-stage companies
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Sectoral Asset Management is focused on global healthcare investment.
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Venture capital firm focused on multiple sectors
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Investor details for Apnimed

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Investments & Acquisitions by Apnimed

Investments
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Investment portfolio details for Apnimed

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Financial Statements - Apnimed

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Detailed financials for Apnimed

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  • Profit trends
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Apnimed Comparisons

Apnimed Primary company
Description
Small molecule therapeutics for obstructive sleep apnea are ...
Location
Cambridge, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Apnimed

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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.

Company Name Domain Founded year HQ Location Description
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Therapeutic medicines for neuropsychiatric and sleep disorders are developed.
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Proprietary drug delivery technologies and narcolepsy treatments are developed.
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Small molecule therapeutics for sleep apnea are developed.
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Developer of therapeutics to treat circadian rhythm disruption
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Provider of natural remedy based mental & physical wellbeing services
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Detailed competitors of Apnimed

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Latest news on Apnimed

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Complete news archive for Apnimed

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Frequently Asked Questions about Apnimed

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

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

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

Apnimed is a funded company, having raised a total of $249.33M across 9 funding rounds to date.

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.

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

Apnimed offers AD109.

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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