Tech Company Financing Transactions

Otolith Labs Funding Round

On 9/7/2022, Otolith Labs raised $20 million in Series A funding from Morningside Ventures and private investors.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

Morningside Ventures (Anthony Aiudi)

Proceeds Purpose
The proceeds will be used to support the company's ongoing clinical programs, anticipated FDA approval and first commercial launch of a prescription wearable device using its noninvasive Vestibular System Masking (nVSM) technology for the treatment of chronic vertigo.

Company Information

Company Status
Private & Independent
Medical Devices & Instruments
Mailing Address
1250 Connecticut Ave. NW 700
Washington, DC 20036
Email Address
Not Recorded
Otolith Labs is pioneering the first medical wearable for the treatment of vertigo, a symptom experienced by more than 15 million Americans. Otolith's patented non-invasive head-worn technology uses precisely tuned vibrations to interact with the motion sensors in the inner ear, mitigating the symptoms of vertigo and motion sickness.
Otolith Labs LinkedIn Company Profile
Social Media
Otolith Labs Company Twitter Account
Company News
Otolith Labs News
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Otolith Labs on YouTube

Management Team

Email & Social
Chief Executive Officer
Sam Owen
  Sam Owen LinkedIn Profile  Sam Owen Twitter Account  Sam Owen News  Sam Owen on Facebook
Chief Operating Officer
Jack Daggitt
  Jack Daggitt LinkedIn Profile  Jack Daggitt Twitter Account  Jack Daggitt News  Jack Daggitt on Facebook
Chief Scientific Officer
Didier Depireux
  Didier Depireux LinkedIn Profile  Didier Depireux Twitter Account  Didier Depireux News  Didier Depireux on Facebook
VP - Bus. Development
Thomas Hardart
  Thomas Hardart LinkedIn Profile  Thomas Hardart Twitter Account  Thomas Hardart News  Thomas Hardart on Facebook
VP - Product Management
Jon Akers
  Jon Akers LinkedIn Profile  Jon Akers Twitter Account  Jon Akers News  Jon Akers on Facebook



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