Somnea Health

What Somnea Health does

Somnea Health Inc. is a Chicago-based digital care platform that addresses chronic sleep disorders, primarily obstructive sleep apnea (OSA), through a hybrid model combining FDA-cleared wearable hardware, remote patient monitoring (RPM), and one-on-one coaching delivered by credentialed sleep professionals. The company's core product stack includes the circul+ Wellness Ring with Somnea Sleep Tracking (SST), which continuously monitors blood oxygen (SpO2), heart rate, skin temperature, sleep stages, and oxygen desaturation index (ODI); a companion mobile app for data visualization and sharing; and structured coaching engagements (single $50 sessions or a 3-session bundle at $125) led by RPSGT-certified sleep technologists and clinical advisors with MD/FAASM credentials. The platform targets individual consumers in the US market who are struggling with therapy adherence — a group the company cites as representing ~54 million Americans and ~1 billion people globally with sleep apnea, and an addressable pain point given that close to 50% of patients quit CPAP therapy within their first year.

The company monetizes through three revenue streams: one-time coaching session purchases, hardware sales of the circul+ ring at $299 per unit, and RPM services billed under CPT codes 99453/99454/99457/99458 for Medicare reimbursement covering device supply, setup, and monthly care management. Its go-to-market is sales-led via a free 15-minute consultation funnel that converts prospects into coaching clients, supplemented by a content-driven marketing approach across blog, YouTube, LinkedIn, and Twitter aimed at top-of-funnel patient education. The company is HIPAA-aware in handling protected health information, operates exclusively in the US, and is led by a small (1–10 employee) team including CEO James Waring and clinical advisors Raina Gupta, MD, FAASM, and Robyn Woidtke, MSN, RN, RPSGT, CCSH, FAAST. To date, the company has disclosed one funding event — a $120,000 Techstars round dated March 2023 — with no subsequent institutional rounds or revenue disclosures.

From an operational standpoint, Somnea maintains a horizontal segmentation strategy spanning individual sleep disorder patients (primary) and healthcare providers/sleep medicine practices (secondary channel for RPM services). The integrated ring-plus-coaching-plus-app stack is positioned as a unified care loop, with continuous physiologic data feeding into coach-led action plans and accountability tracking. The business remains at an early commercial stage, with no disclosed revenue, limited team size, and an exclusive US footprint, making scale execution and reimbursement-driven RPM economics the key variables to monitor.

Name

Somnea Health

Legal name

Somnea Health Inc.

Website

https://somnea.co

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Somnea Health is a Chicago-based digital sleep care platform that combines an FDA-cleared wearable ring (circul+ with SST), remote patient monitoring, and one-on-one coaching by credentialed sleep professionals to help US consumers with sleep apnea adhere to therapy.

Ownership category

akta.pro rank

Product category

Sleep Care Services

akta.pro primary industry

Respiratory & Sleep RPM (COPD, asthma, sleep apnea) (HLALAFAB)

akta.pro secondary industries

Pulmonology & Sleep Medicine Telemedicine Platforms (HLALAGAF), Remote Patient Monitoring (RPM) Platforms & Services (HLACAPAA)

Keywords

• Sleep apnea care
• Sleep coaching services
• CPAP therapy support
• Wearable sleep tracking
• Remote patient monitoring

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Coaching Sessions: Individual 30-minute sleep coaching sessions with certified sleep professionals priced at $50 per session, or bundled as 3 sessions for $125 (regular $150). Coaching addresses CPAP therapy challenges, reviews therapy data, and provides personalized recommendations.
2. Sleep Tracking Hardware: Sale of the circul+ Wellness Ring with Somnea Sleep Tracking (SST) technology at $299 per unit. The ring monitors SpO2, heart rate, sleep stages, and activity. Free shipping on orders over $99.
3. RPM Monitoring Services: Remote patient monitoring services billed using CPT codes 99453, 99454, 99457, and 99458 for Medicare reimbursement. Covers device supply, setup, and monthly care management for physiologic monitoring.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Somnea Health operates a digital sleep care platform that combines an FDA-cleared wearable sleep-tracking ring (circul+ Wellness Ring with SST) with one-on-one coaching from certified sleep professionals and remote patient monitoring (RPM) services. Customers are individuals with chronic sleep disorders (primarily sleep apnea) seeking to start or stick with CPAP therapy, with RPM services billed to Medicare using CPT codes 99453, 99454, 99457, and 99458.

Product overview

Somnea Health offers an integrated sleep care platform combining human-led coaching with technology to help people with sleep disorders, particularly sleep apnea, achieve successful treatment. The core product portfolio consists of the circul+ Wellness Ring with Somnea Sleep Testing (SST) as a wearable monitoring device, individual and bundled sleep coaching sessions delivered by certified sleep professionals, and a companion mobile app for tracking sleep, therapy, and activity data. These products work together as a unified platform where the ring provides physiological monitoring data, the coaching sessions offer personalized support and treatment optimization, and the app serves as the central hub for data visualization and accountability.

Differentiator

Problem solved

Functional benefit

Products and services

• circul+ Wellness Ring with SST FDA-cleared wearable smart ring that continuously monitors blood oxygen (SpO2), heart rate, skin temperature, activity, and sleep stages. Includes Somnea Sleep Tracking (SST) for medical-grade sleep apnea testing with oxygen desaturation index (ODI) and baseline skin temperature tracking, syncing data to a free personal cloud app for viewing, sharing, and printing. Sold to individuals with sleep disorders for at-home monitoring.
• Sleep Coaching Session 30-minute one-on-one sleep coaching session with a certified sleep professional (sleep technologist) who reviews sleep and CPAP therapy data, addresses challenges, and delivers tailored recommendations with a personalized action plan. Targeted at individuals with sleep disorders, especially sleep apnea patients on CPAP therapy.
• Somnea Mobile App Mobile application enabling users to monitor sleep, therapy, and daily activity, sync with the circul+ Wellness Ring, and use the platform as a central hub for accountability, optimization of sleep routines, and achievement of health goals. Targeted at individuals with sleep disorders enrolled in Somnea's coaching program.
• Remote Patient Monitoring (RPM) Services for Sleep Remote patient monitoring service using FDA-cleared wearable devices and bedside monitors to collect physiological data (blood oxygen levels, heart rate, sleep patterns) as patients sleep at home, transmitted securely to healthcare providers. Billed using Medicare CPT codes 99453, 99454, 99457, and 99458, covering device supply, setup, and monthly care management for physiologic monitoring. Targeted at sleep medicine providers and healthcare practices.

Quantifiable outcome

• Reduces therapy abandonment rate from 50% within first year
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Market position

Strengths2 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SomneaHealth
• YouTubeyoutube.com/@somneahealth
• LinkedInlinkedin.com/company/somnea-health

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Somnea Health