Zzoma, Top Positional Sleep Apnea Device, Gains Major Investment from VC John Martinson, Signaling Market Disruption
PHILADELPHIA, PENNSYLVANIA, UNITED STATES, March 26, 2024 /EINPresswire.com/ -- Zzoma, the innovative leader in non-invasive positional therapy for obstructive sleep apnea (OSA), manufactured by Sleep Specialists, today announced a major growth round funding led by renowned venture capitalist John Martinson of Martinson Ventures. This strategic investment underscores Zzoma's transformative potential and Sleep Specialists' emergence as a major force in the sleep healthcare field. The capital will accelerate global expansion, fuel clinical development, and broaden access to Zzoma's personalized, comfortable solution for OSA patients and physicians.
Millions worldwide experience debilitating sleep apnea, with many still facing challenges despite traditional CPAP treatment. Zzoma addresses this unmet need by offering a gentle, mask-free option that guides patients toward optimal sleep positions, minimizing airway obstruction and maximizing comfort. Zzoma's goal is not to replace CPAP, but rather offer personalization and enhanced patient comfort, potentially improving CPAP compliance and allowing both doctors and patients another tool to effectively manage OSA.
"John Martinson's investment is powerful validation of Zzoma's market-leading innovation and Sleep Specialists' growth trajectory," said Michael J. Markus, Executive Director of Sleep Specialists. "Demand for a comfortable, effective OSA solution is immense, and this capital positions us to rapidly scale and revolutionize how sleep apnea care is delivered."
๐๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ ๐๐จ๐ง๐๐ข๐๐๐ง๐๐ ๐ ๐ฎ๐๐ฅ๐ข๐ง๐ ๐๐๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฅ๐๐๐ฉ ๐๐ฉ๐ง๐๐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ
Martinson Ventures' expertise fuels high-growth healthcare companies, and the firm's investment signals strong confidence in Zzoma's potential to enhance standard OSA treatment paradigms.
"Zzoma's personalized approach is exactly what the sleep medicine field needs," said John Martinson, Chairman of Martinson Ventures. "Patients deserve a better, more comfortable option, potentially working alongside CPAP to offer a broader range of solutions. This technology is the key to broader treatment success and greater patient quality of life."
โค ๐๐ฅ๐ข๐ง๐ข๐๐๐ฅ๐ฅ๐ฒ ๐๐ซ๐จ๐ฏ๐๐ง: Zzoma's proven efficacy offers healthcare providers a reliable solution for their patients.
โค ๐๐๐ญ๐ข๐๐ง๐ญ ๐๐จ๐ฆ๐๐จ๐ซ๐ญ: Patients consistently report satisfaction with Zzoma's comfortable design, improving compliance and leading to better sleep outcomes.
โค ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ๐ฌ: Expanding partnerships and investments ensure even wider accessibility to Zzoma in the United States and globally.
๐๐๐ง๐ญ๐ฎ๐ซ๐ ๐๐๐ฉ๐ข๐ญ๐๐ฅ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐๐ซ๐ข๐ฏ๐๐ฌ ๐๐ณ๐จ๐ฆ๐'๐ฌ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
This recent round of venture capital financing will accelerate significant advancements: 1) a reimbursable, electronic positional therapy solution launching in 2025, 2) integration of evidence-backed SleepScore APIs for enhanced user experience and outcomes, and 3) expansion of Sleep Specialists' value-based contract, total cost of care reduction Sleep Disordered Breathing (SDB) care solutions to major US payers.
๐๐๐จ๐ฎ๐ญ ๐๐ฅ๐๐๐ฉ ๐๐ฉ๐๐๐ข๐๐ฅ๐ข๐ฌ๐ญ๐ฌ, ๐๐๐
Sleep Specialists, LLC is a rapidly growing medical device company dedicated to developing innovative solutions for sleep-related disorders. Their flagship product, Zzoma, is a clinically proven, FDA-cleared positional therapy device for Obstructive Sleep Apnea (OSA). Sleep Specialists is experiencing substantial momentum, marked by:
โค Strategic partnerships expanding access to Zzoma.
โค Investment in US manufacturing, ensuring product availability and domestic production.
โค International expansion, reaching new markets with their effective solution.
โค Over 1,700 physicians and 1,300 sleep centers prescribing Zzoma, demonstrating growing recognition of its value in treating OSA patients.
๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ญ๐ข๐ง๐ฌ๐จ๐ง ๐๐๐ง๐ญ๐ฎ๐ซ๐๐ฌ
John Martinson has been a venture capitalist and software industry leader for 40 years. In 1986, John founded Edison Partners, which raised nine growth equity limited partnerships. John is also an active individual investor and philanthropist.
Edison Partners invested over $2 billion in 230 East Coast companies and realized 180 exits. John participated in 250 equity financings. He specializes in software/services for healthcare, education, financial, marketing, and business applications. John has also served on the Board of Directors for 80 companies.
๐๐๐จ๐ฎ๐ญ ๐๐ฅ๐๐๐ฉ ๐๐๐จ๐ซ๐
SleepScore Labs is the company changing the world by empowering businesses to solve the worldโs sleep problems at scale by driving sleep improvement powered by science and world-leading data and technology. Every health and wellness company can leverage SleepScore APIs to unlock significant value for their patients and consumers. SleepScore Labs was founded by a team of sleep experts from companies, institutions, and organizations such as ResMed, Apple, Philips, and Harvard and after studying more than 380 million hours of sleep, it offers a suite of B2B2C services to help companies improve their health and wellness outcomes.
Contact: press@sleepscorelabs.com
๐๐ฐ๐ต๐ฆ: ๐๐ญ๐ฆ๐ฆ๐ฑ๐๐ค๐ฐ๐ณ๐ฆ ๐ฅ๐ฐ๐ฆ๐ด ๐ฏ๐ฐ๐ต ๐ฑ๐ณ๐ฐ๐ท๐ช๐ฅ๐ฆ ๐ฎ๐ฆ๐ฅ๐ช๐ค๐ข๐ญ ๐ข๐ฅ๐ท๐ช๐ค๐ฆ. ๐๐ญ๐ธ๐ข๐บ๐ด ๐ค๐ฐ๐ฏ๐ด๐ถ๐ญ๐ต ๐ข ๐ฉ๐ฆ๐ข๐ญ๐ต๐ฉ๐ค๐ข๐ณ๐ฆ ๐ฑ๐ณ๐ฐ๐ง๐ฆ๐ด๐ด๐ช๐ฐ๐ฏ๐ข๐ญ ๐ง๐ฐ๐ณ ๐ข๐ฏ๐บ ๐ฎ๐ฆ๐ฅ๐ช๐ค๐ข๐ญ ๐ค๐ฐ๐ฏ๐ค๐ฆ๐ณ๐ฏ๐ด.
Contact: press@zzomaosa.com
ZZOMA
Sleep Specialist, LLC
877-799-9662
info@zzomaosa.com
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