Key Takeaways
- • Ozlo, a Boston-based sleep technology company, raised $22M in Series B funding, according to FinSMEs.
- • The round was led by Modi Ventures, with participation from LifeArc, Artis Ventures, ResMed, Scrum Ventures, Drive by DraftKings, Wheelhouse 360, Wise Ventures, Niremia Collective, Accelerate Ventures, World Solver Syndicate, and several individual investors including athletes Nick Foles and Danny Davis and Michael Gervais.
- • Proceeds will fund global scaling of the Sleepbuds business, hardware, software and R&D work, regulatory preparation for an FDA tinnitus product submission, and expanded global marketing and partnerships.
- • Ozlo reports more than 260,000 users and partnerships with brands including Calm and Canada Snowboard for the 2026 Winter Olympics.
Summary
Ozlo, a sleep technology company based in Boston, Massachusetts, has raised $22M in Series B funding, according to FinSMEs. The round was led by Modi Ventures and included participation from LifeArc, Artis Ventures, ResMed, Scrum Ventures, Drive by DraftKings, Wheelhouse 360, Wise Ventures, Niremia Collective, Accelerate Ventures, and World Solver Syndicate. Individual investors include athletes Nick Foles and Danny Davis, along with Melissa Urban and Michael Gervais.
The company plans to use the capital across several areas. These include scaling its core Sleepbuds business globally, accelerating product development across hardware, software, engineering and research and development, and advancing regulatory work for an FDA submission of a tinnitus product. Ozlo also intends to expand its global marketing and strategic partnerships.
Ozlo's platform combines engineered audio, intelligent noise masking and all-night comfort features designed to minimize nighttime disruptions. Its recent offerings include Sleepbuds 2, which the company says offers up to 14 hours of battery life and an upgraded audio system.
The company reports more than 260,000 users. It works with institutions and brands such as Calm and Canada Snowboard, the latter for the 2026 Winter Olympics.
The company plans to use the capital across several areas. These include scaling its core Sleepbuds business globally, accelerating product development across hardware, software, engineering and research and development, and advancing regulatory work for an FDA submission of a tinnitus product. Ozlo also intends to expand its global marketing and strategic partnerships.
Ozlo's platform combines engineered audio, intelligent noise masking and all-night comfort features designed to minimize nighttime disruptions. Its recent offerings include Sleepbuds 2, which the company says offers up to 14 hours of battery life and an upgraded audio system.
The company reports more than 260,000 users. It works with institutions and brands such as Calm and Canada Snowboard, the latter for the 2026 Winter Olympics.
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