StageAngel | Alive
About Zephyr Sleep Technologies
Zephyr is a privately held medical device company that designs and develops products to both monitor and analyze sleep performance and treat some sleep disorders. MATRx was developed by Zephyr and is based on the proprietary and patented technology invented at the University of Calgary by Zephyr's Chief Medical Officer, Dr. John Remmers. SomnoMed distributes, installs and supports MATRx in the US.
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Expert Collections containing Zephyr Sleep Technologies
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Zephyr Sleep Technologies is included in 2 Expert Collections, including Sleep Health & Wellness.
Sleep Health & Wellness
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.
Companies that have been granted at least 1 510(k) by the FDA since 2014. Companies tagged as #FDA510(K)
Latest Zephyr Sleep Technologies News
Jul 21, 2021
Zephyr Sleep Technologies, marketers of the MATRx system that identifies patients who will be successful with oral appliance therapy while establishing the protrusive position of the lower mandible for effective therapy, has ceased operations. The closure was effective June 25, 2021. In an email blast , the company’s CEO Paul Cataford said, “The COVID 19 pandemic has had a material impact on a number of businesses all over North America and in particular, the dental services and products industry. Zephyr Sleep Technologies was impacted more than other companies as we are relatively new and like most earlier stage companies, have limited cash resources to maintain operations during a prolonged downturn. We entered 2020 with ambitions to having over 1,200 MATRx plus systems in service by the end of the year and to be on a sustainable footing; however circumstances forced us to downsize operations, conserve cash and look to raise new funds. Unfortunately for all of us, efforts to raise additional equity capital over the last 9 months have been unsuccessful, despite some encouraging signs that the market was beginning to recover. We have fully exploited all government COVID support programs and have now depleted all of our cash resources and are now forced to close down our manufacturing, support, quality management systems and reporting, IT and operations effective June 25th.” Share:
Zephyr Sleep Technologies Frequently Asked Questions (FAQ)
Where is Zephyr Sleep Technologies's headquarters?
Zephyr Sleep Technologies's headquarters is located at 610A - 70th Ave SE, Calgary.
What is Zephyr Sleep Technologies's latest funding round?
Zephyr Sleep Technologies's latest funding round is Angel.
Who are the investors of Zephyr Sleep Technologies?
Investors of Zephyr Sleep Technologies include Accelerate Fund.
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