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Otolith Labs

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Building hardware products powered by science, data and clinical research for the treatment of vertigo

Washington DC, United StatesFounded 2015Biotech & Life Sciences
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Otolith Labs

Otolith Labs is a medical technology company established in 2015, focusing on the development of noninvasive wearable devices for vestibular disorders. The company was founded by Samuel Owen and Jonathan Akers and is headquartered in Washington, D.C. Owen, the CEO, conceived of the company's core technology following a master's degree in physics from Georgetown University, where he studied acceleration sensors and posited their application to the human vestibular system. His background includes over a decade of work with acoustics and acceleration sensors, which was foundational to the company's patented technology. Initially targeting motion sickness, the company pivoted after discovering its technology's significant potential for treating chronic vertigo, a condition affecting millions with limited treatment options.

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The company's flagship product is a prescription wearable headband, currently known as the OtoBand, that utilizes what Otolith Labs calls non-invasive Vestibular Resonance Therapy (nVRT), also referred to as noninvasive Vestibular System Masking (nVSM). This technology works by applying localized, calibrated vibrations to the vestibular system—the sensory organs in the inner ear responsible for balance—through a specialized bone conduction speaker. The goal is to mask disruptive signals from a malfunctioning vestibular system, providing immediate relief from vertigo symptoms without pharmacological intervention. The device is intended to be used by patients to manage acute symptoms, potentially in conjunction with long-term treatments like vestibular therapy.

Otolith Labs operates in the medical device market, targeting patients suffering from chronic vertigo and other vestibular disorders. Its business model centers on obtaining regulatory approval to commercialize its prescription wearable device. In June 2021, the U.S. Food and Drug Administration (FDA) granted the device Breakthrough Device Designation, a status intended to expedite the review of technologies that could provide more effective treatment for debilitating conditions. The company has been actively conducting clinical trials to validate the technology's efficacy, with pilot studies of approximately 100 participants showing that subjects using the device were significantly more likely to report symptom improvement compared to a placebo group. Otolith Labs has successfully raised a total of $33.8 million through multiple funding rounds, including a $20 million Series A in 2022 led by Morningside Ventures and a $3.3 million seed round in 2021 with investors like Mark Cuban's Radical Investments. Keywords: chronic vertigo treatment, vestibular disorders, medical wearable, non-invasive therapy, nVRT, nVSM, balance disorders, Sam Owen, vestibular rehabilitation, medtech, FDA Breakthrough Device, bone conduction, dizziness treatment, motion sickness wearable, OtoBand, Morningside Ventures, Mark Cuban, vestibular stimulation, Halcyon Incubator, medical device, prescription wearable, inner ear technology, acceleration sensors, vestibular system masking

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Washington DC, United States
Employees
14
Open positions
None listed
Dealroom signal
63.7/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Testing, Biotechnology, Neurology, Immersive Technologies, Spinout
Technology
Hardware, Deep Tech, Virtual Reality, Connected Device
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Sep 2022 $20M $80M Morningside Venture Partners · Morningside ↗
SEED✓Equity / VC Jun 2021 $3.3M $13M Radical Investments —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Otolith Labs website traffic

Latest recorded traffic for Otolith Labs is 2.9K monthly website visits, up 31.8% over the last three months. Otolith Labs's team declined 17.6% over the past year.

Latest monthly visits2.9K 3-month web change+31.8% 1-year team growth-17.6%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Radical Investments

Series A2 investors entered at this stage

Other known investors2 additional known investors

Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Otolith Labs on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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