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.
- Website
- www.somnoware.com/
- Email ID
- *****@somnoware.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2013
Location
Sunnyvale, United States
Stage
Acquired
Total Funding
$13.1M in 5 rounds
Latest Funding Round
Investors
Ranked
9th among 3440 active competitors
Employee Count
45 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by ResMed (Jul 05, 2023)
Legal entities associated with Somnoware
Somnoware is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SOMNOWARE HEALTHCARE SYSTEMS PRIVATE LIMITED CIN: U74900TN2012PTC084081 , India, Active | Jan 20, 2012 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 64 (As on Jun 30, 2022) | |
SOMNOWARE HEALTHCARE SYSTEMS INC CIN: 454170672 , United States, Active | Aug 21, 2011 | - | 24 (As on Dec 31, 2020) | - |
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:
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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 |
View details of Somnoware's funding rounds and investors
Somnoware's founders and board of directors
Founder? Claim ProfileThe founders of Somnoware is Mathew Mammen.
Here are the details of Somnoware's key team members:
- Mathew Mammen: Co-Founder of Somnoware.
View details of Somnoware's Founder profiles and Board Members
Somnoware's employee count trend
Somnoware has 45 employees as of Aug 26. Here is Somnoware's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | athenahealth 1997, Watertown (United States), Acquired | Cloud-based administrative tool for healthcare providers | $49.1M | 87/100 | |
2nd | ModMed 2010, Boca Raton (United States), Acquired | Cloud-based EMR and practice management software for clinics | $329M | 81/100 | |
3rd | HealthPlix 2014, Bengaluru (India), Series C | Provider of EMR and clinic management software for healthcare professionals | $43M | 73/100 | |
4th | 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 | Epic Systems 1979, Madison (United States), Funding Raised | Provider of suite software solutions for healthcare organizations | - | 67/100 | |
6th | Medsphere Systems 2002, Carlsbad (United States), Series F | Open-source software provider for healthcare organizations | $151M | 66/100 | |
7th | MEDITECH 1969, Westwood (United States), Funding Raised | Developer of electronic health record software and related healthcare solutions | - | 64/100 | |
8th | Digital healthcare platform to streamline medical practices and enhance patient care | - | - | 64/100 | |
9th | Somnoware 2013, Sunnyvale (United States), Acquired | Cloud platform streamlining sleep and respiratory care management workflows | $13.1M | 64/100 | |
10th | Tebra 2021, Corona (United States), Series D | Cloud based platform offering practice management tool for providers | $322M | 63/100 |
Looking for more details on Somnoware's competitors? Click here to see the top ones
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
Media has covered Somnoware for 1 event in last 1 year, It was about partnerships.
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Onera Announces Integration of the Onera hPSG® Solution With SomnowareBusiness Wire•Jun 16, 2026•Onera, Somnoware
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ResMed Acquires Somnoware, a Leader in Digital Sleep and Respiratory Care Diagnostics SoftwareGlobeNewswire•Jul 06, 2023•Somnoware, ResMed
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Somnoware Partners with Cerebra Medical to Offer Automated Sleep Study ScoringPr•Feb 10, 2023•Somnoware, Cerebra
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CerraCap Ventures Invests in Somnoware, Provider of Platform for Enhanced Respiratory Care Managementuserwalls.com•May 12, 2022•Somnoware, CerraCap Ventures
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Respiratory Healthcare Software Leader Expands Product Team to Support Faster GrowthPRWeb•Aug 07, 2019•Somnoware
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Interoperability With Shipping Carriers Enables Somnoware To Reducebestproductsreview.in•Oct 05, 2018•Somnoware
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Respiratory Healthcare Software Leader Somnoware Raises $3.5M In Additional Funding To Accelerate GrowthPRWeb•Apr 12, 2018•Somnoware
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Cloud-Based Scoring Solution from Somnoware Saves Physicians Time by Enabling them to Remotely Access and Score Sleep StudiesPress Release Rocket•Jul 28, 2017•Somnoware
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