Cleveland Medical Devices
Private Company
Total funding raised: $2M
Overview
CleveMed is a privately held, commercial-stage company that has pivoted from a research firm to a focused provider of home sleep testing solutions. Its core offerings include the SleepView® family of portable monitors, a direct-to-patient fulfillment service (SleepView SM Direct), and a secure web portal for data management. The company targets the vast undiagnosed obstructive sleep apnea (OSA) market with a vertically integrated model combining FDA-cleared devices, accredited testing services, and proprietary software, supported by a significant intellectual property portfolio. Leadership under President & CEO Hani Kayyali has driven consistent double-digit growth by establishing strategic partnerships and securing investments.
Technology Platform
Integrated platform of FDA-cleared portable sleep monitors (Sapphire, SleepScout, SleepView®), a secure cloud-based web portal for data management/analysis, and direct-to-patient fulfillment services. Platform is supported by a significant IP portfolio covering diagnosis and therapy management.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
CleveMed competes in the crowded home sleep testing market against major players like ResMed (ApneaLink), Philips, and numerous other device manufacturers and service providers. Its differentiation lies in its vertically integrated model combining proprietary devices, accredited services, and a secure software platform, offering a flexible end-to-end solution to healthcare providers.