About Sommetrics
Sommetrics is a company based in San Diego (United States) founded in 2007.. Sommetrics has raised $31.1 million across 8 funding rounds from investors including Keiretsu Forum. Sommetrics offers products and services including aer+™ Technology. Sommetrics operates in a competitive market with competitors including ResMed, ProSomnus, AeroCare Holdings, BMC Medical and ApniCure, among others.
- Headquarter San Diego, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Sommetrics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.1 M (USD)
in 8 rounds
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Latest Funding Round
$12.3 M (USD), Series B
Apr 06, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of Sommetrics
Sommetrics offers a comprehensive portfolio of products and services, including aer+™ Technology. 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.
Vacuum-based system to reduce airway narrowing for sleep apnea relief.
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Funding Insights of Sommetrics
Sommetrics has successfully raised a total of $31.1M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $12.3 million completed in April 2017. 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 Funding
- Total Rounds 8
- Last Round Series B — $12.3M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2017 | Amount | Series B - Sommetrics | Valuation |
investors |
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| Feb, 2015 | Amount | Series B - Sommetrics | Valuation |
investors |
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| Jan, 2015 | Amount | Series B - Sommetrics | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sommetrics
Sommetrics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Keiretsu Forum. 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.
| Investor | Description | Founded Year | Domain | Location |
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Accredited investors are networked for private equity funding opportunities.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sommetrics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sommetrics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sommetrics Comparisons
Competitors of Sommetrics
Sommetrics 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 ResMed, ProSomnus, AeroCare Holdings, BMC Medical and ApniCure, 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 |
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| domain | founded_year | HQ Location |
Therapeutic devices to treat sleep apnea and respiratory disorders
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| domain | founded_year | HQ Location |
Lower jaw advancement devices for obstructive sleep apnea are developed.
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| domain | founded_year | HQ Location |
Provider of medical devices for obstructive respiratory diseases and sleep apnea
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| domain | founded_year | HQ Location |
Respiratory devices including ventilators, masks, and oxygen therapy are manufactured.
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| domain | founded_year | HQ Location |
Home-use devices for sleep apnea treatment are developed and commercialized.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sommetrics
Frequently Asked Questions about Sommetrics
When was Sommetrics founded?
Sommetrics was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Sommetrics located?
Sommetrics is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Sommetrics a funded company?
Sommetrics is a funded company, having raised a total of $31.1M across 8 funding rounds to date. The company's 1st funding round was a Series B of $8.1M, raised on Jun 01, 2009.
What does Sommetrics do?
Sommetrics was founded in 2007 in San Diego, United States, as a medical device developer specializing in airway management. Continuous Negative External Pressure (cNEP) technology is utilized to apply negative pressure externally, maintaining open airways non-invasively. This approach contrasts with CPAP methods that use internal positive pressure. Applications encompass obstructive sleep apnea treatment and monitoring, as well as sedation procedures. The company was previously known as 5i Sciences until 2014.
Who are the top competitors of Sommetrics?
Sommetrics's top competitors include ResMed, BMC Medical and ProSomnus.
What products or services does Sommetrics offer?
Sommetrics offers aer+™ Technology.
Who are Sommetrics's investors?
Sommetrics has 1 investor. Key investors include Keiretsu Forum.
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