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Somnoware - About the company

Somnoware is an acquired company based in Sunnyvale (United States), founded in 2013 by Mathew Mammen. It operates as a Cloud platform streamlining sleep and respiratory care management workflows. Somnoware has raised $13.1M in funding from CerraCap Ventures. The company has 3440 active competitors, including 158 funded and 177 that have exited. Its top competitors include companies like athenahealth, ModMed and HealthPlix.

Company Details

Cloud platform streamlining sleep and respiratory care management workflows. The company provides a web-based software solution designed to enhance respiratory care management. The platform orchestrates data flow between medical devices, unifies datasets, and automates patient engagement. It addresses the challenge of siloed data in healthcare, offering features like scheduling, device inventory management, electronic forms, and configurable reports. The software aims to streamline diagnostic testing processes, reduce manual labor, enable remote work, and improve operational efficiency. It offers secure data management with features like electronic signatures for DME orders. The platform supports healthcare providers in managing patients with chronic conditions, such as sleep apnea and COPD, by unifying disparate devices, platforms, and data. This is a B2B SaaS software solution for the healthcare industry.
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Email ID
*****@somnoware.com
Phone Number
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Key Metrics
Founded Year
2013
Location
Sunnyvale, United States
Stage
Acquired
Total Funding
$13.1M in 5 rounds
Latest Funding Round
Ranked
Employee Count
45 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by ResMed (Jul 05, 2023)

Somnoware's acquisition details

Somnoware got acquired by ResMed on Jul 05, 2023.
Click here to take a look at Somnoware's acquisition in detail
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Somnoware's funding and investors

Somnoware has raised a total funding of $13.1M over 5 rounds. Somnoware has 5 institutional investors.

Here is the list of recent funding rounds of Somnoware:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 01, 2023
6506248
Series A
7727209
3020207
7715862
5136607
May 12, 2022
4477589
Series A
3421815
1697290
3289127
6192008
Apr 12, 2018
9537364
Series A
6748363
8254232
2129361
9504132
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Somnoware's founders and board of directors

Founder? Claim Profile
The founders of Somnoware is Mathew Mammen.
Here are the details of Somnoware's key team members:

Somnoware's employee count trend

Somnoware has 45 employees as of Aug 26. Here is Somnoware's employee count trend over the years:
Employee count trend for Somnoware
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Somnoware's Competitors and alternates

Top competitors of Somnoware include athenahealth, ModMed and HealthPlix. Here is the list of Top 10 competitors of Somnoware, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for athenahealth
athenahealth
1997, Watertown (United States), Acquired
Cloud-based administrative tool for healthcare providers
$49.1M
87/100
2nd
Logo for ModMed
ModMed
2010, Boca Raton (United States), Acquired
Cloud-based EMR and practice management software for clinics
$329M
81/100
3rd
Logo for HealthPlix
HealthPlix
2014, Bengaluru (India), Series C
Provider of EMR and clinic management software for healthcare professionals
$43M
73/100
4th
Logo for Hint Health
Hint Health
2013, San Francisco (United States), Series B
Provider of a SaaS-based practice management solution for healthcare professionals
$60.1M
68/100
5th
Logo for Epic Systems
Epic Systems
1979, Madison (United States), Funding Raised
Provider of suite software solutions for healthcare organizations
-
67/100
6th
Logo for Medsphere Systems
Medsphere Systems
2002, Carlsbad (United States), Series F
Open-source software provider for healthcare organizations
$151M
66/100
7th
Logo for MEDITECH
MEDITECH
1969, Westwood (United States), Funding Raised
Developer of electronic health record software and related healthcare solutions
-
64/100
8th
Logo for Docon
Docon
2013, Bengaluru (India), Acquired
Digital healthcare platform to streamline medical practices and enhance patient care
-
-
64/100
9th
Logo for Somnoware
Somnoware
2013, Sunnyvale (United States), Acquired
Cloud platform streamlining sleep and respiratory care management workflows
$13.1M
64/100
10th
Logo for Tebra
Tebra
2021, Corona (United States), Series D
Cloud based platform offering practice management tool for providers
$322M
63/100
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Somnoware's Investments and acquisitions

Somnoware has made no investments or acquisitions yet.

Reports related to Somnoware

Here is the latest report on Somnoware's sector:

News related to Somnoware

lockFilter this list
Media has covered Somnoware for 1 event in last 1 year, It was about partnerships.
•
Interoperability With Shipping Carriers Enables Somnoware To Reducebestproductsreview.in•Oct 05, 2018•Somnoware
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FAQs about Somnoware

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