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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Health & Wellness
nightware.com

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Founded Year

2015

Stage

Grant - II | Alive

Total Raised

$1.66M

Last Raised

$1M | 2 mos ago

Mosaic Score

+90 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About NightWare

NightWare develops an application on an Apple Watch that aims to help people suffering from nightmares. The company offers wearable technology that learns sleep patterns and customizes a treatment for each individual.

NightWare Headquarter Location

8900 Excelsior Blvd

Minneapolis, Minnesota, 55434,

United States

833.446.4448

Latest NightWare News

NightWare raises $1M to further develop technology to help PTSD sufferers

Aug 13, 2021

NightWare raises $1M to further develop technology to help PTSD sufferers The funds will be applied to commercial development and completing randomized clinical trials of the product, said CEO Grady Hannah. August 13, 2021 — 9:16am NightWare, the Minneapolis-based company that uses Apple technology to gently interrupt the nightmares of those who suffer from post-traumatic stress disorder, recently secured $1 million in investments and additional funding through an innovation grant from the U.S. Air Force. The funds will be applied to commercial development and completing randomized clinical trials of the product, said CEO Grady Hannah. Hannah did not disclose the amount of the Air Force small business innovation research grant. The company previously raised $2.3 million in equity investments, and $100,000 from the Minnesota Department of Veterans Affairs. In 2019, NightWare received "breakthrough therapy designation" from the Food and Drug Administration for its development-stage technology. Last fall, the company began to commercialize its "NightWare'' product as an economical alternative to drug treatments. Funding its clinical trial is an important step in the company's growth, Hannah said. Upon receiving clearance from the FDA, NightWare's treatment was studied in a 30-day randomized trial of 70 patients. Hannah said the company is looking to gather data from as many as 240 patients. "The larger the trial, the more generalizable the data is," he said. "If we reach statistical significance we can publish data in a peer reviewed-journal, which is the ultimate goal." Publishing the data in a respected journal is helpful because it gives confidence to the research community and physicians to support the use of NightWare. Hannah anticipates completing clinical trials in the next 12 to 15 months. Tyler Skluzacek created NightWare for a 2015 technology innovation contest when he was a Macalester College student. His father, a member of the Minnesota National Guard, was disabled by PTSD after returning from a combat deployment to Iraq in 2005 and 2006. The Apple Watch sensors monitor body movement and heart rate during sleep. The data is sent to the NightWare server that detects when a patient is experiencing a nightmare. The server then sends a signal for the smartwatch to provide vibrations. The software is being developed in Minneapolis, and the wearable devices are ordered directly from Apple and packaged and distributed from by a business partner in Chicago, Hannah said. NightWare's initial focus is working with the Department of Veterans Affairs and the Department of Defense, and the company has received strong indications of interest from military hospitals and special operations communities. The company is pursuing coverage of the technology by TriCare, the military health system of the Department of Defense, and Veterans Affairs, Hannah said. The goal is for NightWare to be covered by commercial insurers by 2022. "Our goal is to provide NightWare to anyone who needs it, and to have coverage for as much of the population as possible," he said. Along with added funding, the company recently hired as chief medical officer Brian Robertson, who has 25 years in military medicine and was the former chief of the Sleep Disorders Center at Walter Reed National Military Medical Center.The company also picked up advisers in retired U.S. Army General Peter Chiarelli, who was the former vice chief of staff of the U.S. Army, and Tom Bowman, the former deputy secretary of the U.S. Department of Veterans Affairs. Nick Williams is a business reporter for the Star Tribune.

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Research containing NightWare

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned NightWare in 2 CB Insights research briefs, most recently on Sep 21, 2021.

Expert Collections containing NightWare

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

NightWare is included in 6 Expert Collections, including Digital Therapeutics.

D

Digital Therapeutics

376 items

Companies developing and enabling evidence-based, software-driven therapeutic interventions to prevent, manage, or treat a medical disorder or disease. (*Scope follows the Digital Therapeutics Alliance definition)

W

Wellness Tech

1,209 items

We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.

S

Sleep Health & Wellness

795 items

These companies aim to assess or improve the quantity/quality of sleep, or use sleep data in the monitoring or diagnosis of other health conditions.

S

Self Care & Health

854 items

These startups aim to provide health treatments, diagnosis tools, and products that do not require a prescription or connection with a health professional to enhance personal wellbeing. This includes supplements, women's health maintenance, OTC medicines, and more.

M

Medical Devices

11,139 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

D

Digital Health

11,250 items

Companies leveraging digital technology for healthcare, consumer health, clinical research, and life science (e.g. biopharma, medtech) applications.

NightWare Patents

NightWare has filed 2 patents.

The 3 most popular patent topics include:

  • Haptic technology
  • Sensors
  • Video game controllers
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/22/2017

9/8/2020

Sensors, Video game controllers, Virtual reality, Haptic technology, Psychiatric diagnosis

Grant

00/00/0000

00/00/0000

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Application Date

9/22/2017

00/00/0000

Grant Date

9/8/2020

00/00/0000

Title

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Related Topics

Sensors, Video game controllers, Virtual reality, Haptic technology, Psychiatric diagnosis

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Status

Grant

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