BOSTON, Oct. 29, 2026 – Ozlo, a sleep technology company known for its Ozlo Sleepbuds®, has successfully raised $22 million in Series B funding. The investment round was led by Modi Ventures, with participation from various existing investors including LifeArc, Artis Ventures, Resmed, and several others, as well as notable individuals such as NFL Super Bowl champion Nick Foles and Olympic snowboarder Danny Davis.
This funding will help Ozlo enhance its product development and expand its offerings beyond Sleepbuds. The company is focused on addressing a wider range of sleep and nighttime health needs, and it is advancing regulatory efforts to submit a tinnitus product for review by the U.S. Food and Drug Administration (FDA).
“Ozlo’s ambition extends well beyond a single product,” said N.B. Patil, CEO of Ozlo. “We’re building on the foundation laid by Ozlo Sleepbuds to address a much broader range of sleep needs, allowing us to invest in research, technology, and new experiences that can enhance people’s nighttime health.”
Expansion Plans and New Products
The new capital will allow Ozlo to scale its Sleepbuds business globally and fast-track the development of future products and technologies. The company will increase its investments in hardware, software, engineering, and research to create a comprehensive ecosystem focused on sleep improvement.
Ozlo is also exploring various conditions that impact sleep, seeking to develop solutions that go beyond traditional methods. The company recognizes that many sleep-related issues are linked to underlying health problems, and it aims to introduce technology that meets these broader needs.
In addition to product innovation, Ozlo plans to raise awareness among both consumers and healthcare professionals. This includes establishing new partnerships that play a crucial role in the company’s growth strategy. Ozlo’s ongoing collaborations include work with Calm and various research institutions, in addition to partnerships with athletic organizations like Canada Snowboard, aimed at improving performance and recovery through better sleep.
Ozlo recently launched the Sleepbuds 2, an updated version of its foundational product featuring improved battery life and audio capabilities. The company’s innovative approach has garnered recognition from reputable outlets such as TIME, Fast Company, and Forbes.
For more information about its products and upcoming developments, Ozlo encourages visitors to check its official website at www.ozlosleep.com.
