# Ozlo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ozlo-2

- Industry: Consumer Products
- Headquarters: US
- Website: www.ozlosleep.com/
- Total disclosed funding: $32M
- Latest round: Series B (Oct 29, 2026)
- Investors on record: 15

## About

Based in Massachusetts, US, and co-founded by N.B. Patil (CEO), Charles Taylor (CPO), and Brian Mulcahey (COO) in 2022, Drowsy Digital, Inc., doing business as Ozlo Sleepbuds operates as a developer of science based audio buds. In August 2023, the firm raised USD 10 million in series A funding co-led by investors ARTIS Ventures and LifeArc. In October 2024, Ozlo raised USD 12 million in venture funding led by LifeArc, with participation from DRIVE by DraftKings, Modi Ventures, NIREMIA Collective, Scrum Ventures, Wheelhouse 360, and WISE Ventures.

The company offers an audio device, Ozlo Sleepbuds®, for users to facilitate better sleep which in turn improves overall mental and physical well-being. The company utilizes sleep-related technology and is licensed by Bose Corporation. Sleepbuds are wireless in-ear headphones meticulously designed for optimum sleep comfort and to elevate sleep quality.

The company plans to utilize the August 2023 funding to introduce its Sleepbuds to the market.

## Funding rounds

- Series B, Oct 29, 2026, $22M — Modi Ventures, Artis Ventures, Danny Davis, Drive by DraftKings, LifeArc, Melissa Urban, Michael Gervais, Nick Foles, Niremia Collective, ResMed, Scrum Ventures, Wheelhouse 360, WISE Ventures, Accelerate Ventures, World Solver Syndicate
- Series A, Aug 3, 2023, $10M — ARTIS Ventures, LifeArc

## Investors

- ARTIS Ventures (https://capitalatlas.ai/funds/artis-ventures) — Series A, Series B
- LifeArc (https://capitalatlas.ai/funds/lifearc) — Series A, Series B
- Modi Ventures (https://capitalatlas.ai/funds/modi-ventures) — Series B
- Danny Davis — Series B
- Drive by DraftKings (https://capitalatlas.ai/funds/drive-by-draftkings) — Series B
- Melissa Urban — Series B
- Michael Gervais — Series B
- Nick Foles — Series B
- Niremia Collective (https://capitalatlas.ai/funds/niremia-collective) — Series B
- ResMed — Series B
- Scrum Ventures (https://capitalatlas.ai/funds/scrum-ventures) — Series B
- Wheelhouse 360 (https://capitalatlas.ai/funds/wheelhouse-360) — Series B
- WISE Ventures — Series B
- Accelerate Ventures (https://capitalatlas.ai/funds/accelerate-ventures) — Series B
- World Solver Syndicate — Series B