About Somnus Therapeutics
Somnus Therapeutics is a company based in Bedminster (United States) founded in 2007.. Somnus Therapeutics has raised $15 million across 1 funding round. Somnus Therapeutics operates in a competitive market with competitors including GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, among others.
- Headquarter Bedminster, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Series A
Feb 11, 2010
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Investors
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Employee Count
Employee Count
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Funding Insights of Somnus Therapeutics
Somnus Therapeutics has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series A round of $15 million completed in February 2010. 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 1
- Last Round Series A — $15.0M
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First Round
First Round
(11 Feb 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2010 | Amount | Series A - Somnus Therapeutics | 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 |
Investments & Acquisitions by Somnus Therapeutics
| 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 - Somnus Therapeutics
| 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 |
Somnus Therapeutics Comparisons
Competitors of Somnus Therapeutics
Somnus Therapeutics 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 GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, 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.
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| domain | founded_year | HQ Location |
Developer of pharmaceuticals and vaccines for various therapeutic areas
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Antibody-siRNA complexes are developed for cancer treatment.
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Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
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| domain | founded_year | HQ Location |
Yeast cells are genetically engineered to produce medicinal products.
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| domain | founded_year | HQ Location |
Developing novel drugs based on a proteome-wide ligand and target discovery platform
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| domain | founded_year | HQ Location |
CRISPR-engineered cell and gene therapies are developed for research applications.
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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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Frequently Asked Questions about Somnus Therapeutics
When was Somnus Therapeutics founded?
Somnus Therapeutics was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Somnus Therapeutics located?
Somnus Therapeutics is headquartered in Bedminster, United States. It is registered at Bedminster, New Jersey, United States.
Is Somnus Therapeutics a funded company?
Somnus Therapeutics is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series A of $15M, raised on Feb 11, 2010.
What does Somnus Therapeutics do?
Somnus Therapeutics, a private specialty pharmaceutical company, has developed a controlled-release sleep-maintenance therapeutic drug. In June 2007, Somnus entered into an exclusive agreement with SkyePharma for the worldwide development and commercialization of its sleep therapeutic, SKP-1041. Under the agreement, SkyePharma will formulate and manufacture SKP-1041, a new controlled-release formulation of a non-benzodiazepine hypnotic agent using SkyePharmas GeoclockTM technology.
Who are the top competitors of Somnus Therapeutics?
Somnus Therapeutics's top competitors include Sutro Biopharma, Synthego and Avidity Biosciences.