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Ozlo raises $22M Series B led by Modi Ventures to expand sleep technology ecosystem. The round includes participation from existing investors and notable athletes and entrepreneurs.

PRIVATEOct 29, 2026

Amount Raised

$22 Million

Round Type

Series B

BostonHealth CareArtificial Intelligence

Investors

Michael GervaisMelissa UrbanDanny DavisNick FolesWorld Solver SyndicateAccelerate VenturesNiremia CollectiveWISE VenturesWheelhouse 360Drive by DraftKingsScrum VenturesResmedArtis VenturesLifeArcModi Ventures

Description

Ozlo, the sleep technology company behind Ozlo Sleepbuds®, announced a $22 million Series B funding round led by Modi Ventures. Existing investors including LifeArc, Artis Ventures, Resmed, and Scrum Ventures participated, along with notable figures such as NFL Super Bowl champion Nick Foles and Olympic snowboarder Danny Davis. The funding comes as Ozlo surpasses 260,000 customers in under two years and will fuel expansion beyond Sleepbuds into new areas of sleep and nighttime health. The company plans to accelerate research, technology development, and advance regulatory work for a tinnitus product submission to the FDA.

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Company Information

Company

Ozlo

Location

Boston, Massachusetts, United States

About

Ozlo is a sleep technology company behind Ozlo Sleepbuds, wearable devices designed for all-night comfort using intelligent noise masking. The company has surpassed 260,000 customers in under two years and is expanding beyond Sleepbuds into new areas of sleep and nighttime health. Ozlo is advancing regulatory work for a tinnitus product and building a broader ecosystem of products powered by biosensing, AI, and neuromodulation. The company partners with major institutions, elite athletes, and sleep clinics to address wellness, performance, and clinical demands.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ozlo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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