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Otolith Sound reported raising $24.8 Million in an initial SEC Form D filing, from an offering of $24.8 Million

PRIVATEFeb 07, 2023

Amount Raised

$24.8 Million

$24.8 Million sold, per SEC Form D (first sale Jan 23, 2023)

Round Type

Venture

WashingtonBiotechnologyHealthcareHealth CareMedicalMedical Device

Quick answer

Otolith Labs raised $24.8 Million in a funding round, dated January 23, 2023. Otolith Labs is based in Washington, District Of Columbia, United States.

How much did Otolith Labs raise?
Otolith Labs raised $24.8 Million in a funding round on January 23, 2023.
What does Otolith Labs do?
Otolith Labs is developing prescription medical devices for the treatment of vestibular disorders, conditions experienced by millions of Americans.
Where is Otolith Labs based and how big is it?
Otolith Labs is based in Washington, District Of Columbia, United States.
Who are the decision-makers at Otolith Labs?
Fundz holds 1 contact at Otolith Labs, including the Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Medical around the same time

Companies in the same sectors as Otolith Labs that raised within 45 days of this round, from Fundz verified event records.

  • Ostial Corporation raised $7.5M (Series C) on February 8, 2023.
  • U.S. Renal Care raised $1.4M (Seed) on March 7, 2023.
  • U.S. Renal Care raised $3.2M (Seed) on March 6, 2023.
  • Autonomix Medical raised $675K (Seed) on March 6, 2023.
  • SigTuple raised $4.5M (Seed) on March 1, 2023.
  • U.S. Renal Care raised $3.1M (Seed) on February 16, 2023.

Who to call at Otolith Labs, and when

A new round usually means Otolith Labs is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Otolith Labs raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Otolith Labs, from your own LinkedIn network

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Company Information

Company

Otolith Labs

Location

Massachusetts Ave Nw

Washington, District Of Columbia, United States

About

Otolith Labs is developing prescription medical devices for the treatment of vestibular disorders, conditions experienced by millions of Americans. Its flagship product, a patented noninvasive Vestibular System Masking (nVSM) technology, is intended to be the first prescription wearable device for the treatment of chronic vertigo, a symptom that affects more than 4 million Americans. The device, whichreceived Breakthrough Device Designation from the FDA, uses precisely tuned vibrations to interact with the acceleration sensors in the inner ear, mitigating the symptoms of vertigo. Otolith is conducting clinical trials to evaluate its nVSM technology as an immediate symptom relief treatment for chronic vertigo associated with vestibular disorders.

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Related People

1 contact
Verified contactsSamuel O., Founder & CEO hiddenSee plans and pricing
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Otolith Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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