# Gem Specialty Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gem-specialty-health

- Industry: Healthcare
- Headquarters: US
- Website: www.mygemsleep.com
- Total disclosed funding: $9M
- Latest round: Series A (Oct 7, 2024)
- Investors on record: 4

## About

Based in Minnesota, US, and founded by 2022 by Brian Sauer (CEO), Gem Health operates as a healthcare platform that provides diagnostic and treatment plans for patients who are suffering from sleep apnea. In September 2023, Gem Health raised USD 1.96 million in seed funding led by HealthTrend Capital with participation from Mairs and Power Venture Capital. Gem Health is a healthcare service provider that is committed to assisting people from diagnosis to treatment, providing continuous support, and improving sleep quality. The company prioritizes by cooperating with device manufacturers, assisting with insurance coverage and reimbursement, and eventually expanding patient access while lowering costs and improving overall quality of life.  The company plans to use the September 2023 funding to expand its market and add treatments for other sleep conditions. In October 2024, Gem Specialty Health, Inc. raised USD 7 million in series A funding co-led by new investor LFE Capital and returning investor HealthTrend Capital, with participation from other returning investors Base10 Partners and Mairs & Power. Other unspecified investors also participated in the round. The company plans to use the October 2024 funding to expansion of virtual sleep services, development of patient solutions, market entry, and condition coverage.

## Funding rounds

- Series A, Oct 7, 2024, $7M — LFE Capital, Base10 Partners, Mairs & Power, HealthTrend Capital
- Seed, May 19, 2023, $1.9M — Base10 Partners, Mairs & Power, HealthTrend Capital

## Investors

- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Seed, Series A
- Mairs & Power (https://capitalatlas.ai/funds/mairs-power) — Seed, Series A
- HealthTrend Capital (https://capitalatlas.ai/funds/healthtrend-capital) — Seed, Series A
- LFE Capital (https://capitalatlas.ai/funds/lfe-capital) — Series A