Tech Company Financing Transactions
CalmWave Funding Round
On 6/26/2025, CalmWave raised $4.4 million in Seed investment from Bonfire Ventures, SilverCircle and Third Prime Capital.
Transaction Overview
Company Name
Announced On
6/26/2025
Transaction Type
Venture Equity
Amount
$4,400,000
Round
Seed
Investors
Proceeds Purpose
It plans to use the capital to meet strong demand from hospital systems.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
113 Cherry St 52230
Seattle, WA 98104
USA
Seattle, WA 98104
USA
Phone
Undisclosed
Website
Email Address
Overview
CalmWave was created by serial entrepreneur Ophir Ronen. Ophir sold his last company to PagerDuty, the world's largest IT Operations Orchestration company. He built out Operations Health at PagerDuty, which uses AI to monitor an organization's operations, with a focus on alarm remediation and retention. While on sabbatical after PagerDuty, Ophir heard stories from clinicians about the horrors surrounding alarm fatigue for clinicians and patients in ICUs. As an expert in this space, Ophir realized Healthcare was far behind Enterprise IT.
Management Team
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