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OtoNexus

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OtoNexus Medical Technologies, Inc. is commercializing a ground-breaking, patented, medical device to rapidly

Seattle, United StatesFounded 2010Health Tech & Medtech
Valuation $50–100M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for OtoNexus and the history behind them.

About OtoNexus

OtoNexus Medical Technologies specializes in developing advanced diagnostic tools for primary care pediatricians, focusing on the accurate assessment of middle ear infections (otitis media). The company's flagship product is an advanced ultrasound otoscope that can instantly and accurately analyze the presence and type of effusion in the middle ear, a capability previously unavailable without invasive procedures. This device, which resembles a traditional otoscope and fits in a lab coat pocket, leverages unique and patented ultrasound technology to provide precise diagnoses. OtoNexus primarily serves primary care pediatricians and healthcare providers who treat children, a market that sees nearly every child in America experiencing at least one middle ear infection severe enough to require a doctor's visit. The business model revolves around the sale of these advanced diagnostic devices to healthcare providers, aiming to reduce unnecessary antibiotic prescriptions and improve clinical outcomes. Revenue is generated through direct sales of the otoscope and potentially through recurring revenue from service and maintenance contracts.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2010
Headquarters
Seattle, United States
Employees
23
Open positions
None listed
Dealroom signal
74.1/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Pediatrics, Health Diagnostics, Spinout, Ultrasound Sensors, DT and LS, science-based
Technology
Deep Tech
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Mar 2023 $0 — US National Science Foundation ↗
OtherOther financing Jan 2021 $0 — Puget Sound Venture Club —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

OtoNexus website traffic

Latest recorded traffic for OtoNexus is 590 monthly website visits, down 70.5% over the last three months. OtoNexus's team grew 0% over the past year.

Latest monthly visits590 3-month web change-70.5% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

17 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

  • US National Science Foundation

Series A4 investors entered at this stage

  • Keiretsu Forum Northwest
  • Keiretsu Capital
  • Puget Sound Venture Club
  • Keiretsu Forum

Series B and later1 investor entered at this stage

  • Tech Coast Angels

Other known investors11 additional known investors

  • University of Washington
  • Astia
  • Cavendish Impact Capital
  • Dellin Investments
  • Farvatn Venture
  • Mindshift Capital
  • SeaChange Fund
  • SeaChange Fund
  • Small Business Innovation Research
  • Southwest-Midwest National Pediatric Device Innovation Consortium
  • SWAN Venture Fund
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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 OtoNexus 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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