Apnimed

Cambridge, MA · Founded 2017 · Privately Held (backing)

Developer of a pharmacologic therapy designed to target orally dosed medicines, the key underlying neurobiological mechanisms that lead to airway obstruction. Apnimed is based in Cambridge, MA and was founded in 2017. It was valued at $434 million at its later-stage round in Mar 2026, the last priced event on record. It has raised $434 million across 8 recorded rounds; the latest was a $25 million early-stage round in Mar 2026.

PMV mark · valuation
$434.0M
Oct 2026
Priced at
its later-stage round
Mar 2026
Total raised
$434.3M
Last round
Early Stage VC
Mar 2026

Apnimed key facts

as of Oct 2026
  • Developer of a pharmacologic therapy designed to target orally dosed medicines, the key underlying neurobiological mechanisms that lead to airway obstruction.
  • Apnimed is valued at approximately $434.0M as of Oct 2026, set at its later-stage round, Mar 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $434.3M across 8 recorded rounds; the latest was Early Stage VC ($25.0M) in Mar 2026.
  • Notable investors include Alpha Wave Global, Morningside Group, Tao Capital Partners, Columbia Seligman, NexPoint (Asset Management) — 7 tracked in total.
  • Apnimed has filed 15 Form Ds with the SEC since 2018, most recently Mar 2026 ($25.0M sold to 2 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$434.0M

Valued at $434.0M at its later-stage round, Mar 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Apnimed funding rounds

8 rounds
Mar 2026Early Stage VC$25.0MSEC filing▮
Sep 2025Debt$35.0MSEC filing▮
Apr 2025Early Stage VC$16.5MSEC filing▮
Dec 2022Later Stage VC$79.7MSEC filing▮
Apr 2022Later Stage VC$62.5MSEC filing▮

Apnimed valuation

Apnimed was valued at $434 million at its later-stage round in Mar 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Apnimed raised?

Apnimed has raised $434 million across 8 recorded rounds since 2018. The largest was a $79.7 million later-stage round in Dec 2022; the most recent was a $25 million early-stage round in Mar 2026.

Apnimed has filed 15 Form Ds with the SEC since 2018, most recently in Mar 2026 ($25 million sold to 2 investors).

Apnimed investors

7 investors are on record for Apnimed, including Alpha Wave Global, Morningside Group, Tao Capital Partners and Columbia Seligman. The early-stage round in Mar 2026 drew 2 investors.

About Apnimed

Developer of a pharmacologic therapy designed to target orally dosed medicines, the key underlying neurobiological mechanisms that lead to airway obstruction. The company's therapeutics address the physiologic and symptomatic effects of obstructive sleep apnea, providing patients with a safe and effective treatment that addresses the underlying biology of the disease.

Sector
Healthcare
HQ
Cambridge, MA, United States
Founded
2017
Employees
78
Ownership
Privately Held (backing)

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