Fundraising Fox

Noctrix Health

Pleasanton, US · 11 known investors

Noctrix Health develops clinically validated wearable therapeutics for managing chronic neurological disorders, with its first product Nidra receiving FDA De Novo authorization and dedicated CMS HCPCS codes. The company targets patients living with chronic conditions such as restless legs syndrome, offering prescription-grade therapy through medical devices.

Digital HealthMedical DevicesWellness & Fitness

Founders & leadership

SRShri Raghunathan
Shri RaghunathaninFounderShri Raghunathan is the founder of Noctrix Health, a company developing wearable therapeutic devices for chronic neurological disorders such as restless legs syndrome. He has a background as an engineer and entrepreneur, with expertise in medical device design and building product teams.

Investors · 11

Angelini VenturesRome
Blue Venture FundsChicago · $1M – $20M
OrbiMedNew York · $1M – $75M
Treo Ventures, LlcMinneapolis
Zühlke VenturesZurich · $165K – $275K
Bridge BankreportedSan Francisco
Sandbox Clinical VenturesreportedChicago
Sectoral Asset Managementreported · 2 sourcesMontreal

Also in the syndicate · 3

Asahi Kasei CorporationBlue Venture FundResMed

Funding

SEC filings, press & company announcements

$73.5M disclosed across 2 of 3 rounds · 2024–2025

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 1

by search overlap
Health Unlocked48 shared keywordsHealthUnlocked is a social network for health where users connect with others managing similar health conditions and access support resources, e-learning, and expert guidance across over 300 health conditions and wellness interests.

Companies competing with Noctrix Health for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2021$2.3M
National Institutes of Health (NIH)National Institutes of HealthPhase I2020$461.5K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Sell or Invest in Noctrix Health Stock Pre-IPOnasdaqprivatemarket.com · Apr 2026Noctrix Raises Money for Launch of Nidra for RLS | Sleep Reviewsleepreviewmag.com · Sep 2025Noctrix Health Raises Up To $33.5M in Debt and Equity Fundingfinsmes.com · Sep 2025Noctrix Health Raises $33.5M, Expands Leadership Team of Nidra Therapy for Restless Legs Syndrome (RLS) - SleepWorld Magazinesleepworldmagazine.com · Aug 2025Noctrix Health Secures $40M Investment to Commercialize Novel RLS Treatment - SleepWorld Magazinesleepworldmagazine.com · Jan 2024NOCTRIX HEALTH SECURES $40 MILLION SERIES C FINANCING TO COMMERCIALIZE NOVEL DEVICE TREATMENT FOR RESTLESS LEGS SYNDROME (RLS)prnewswire.com · Jan 2024

Frequently asked questions

What does Noctrix Health do?
Noctrix Health develops clinically validated wearable therapeutics for managing chronic neurological disorders, with its first product Nidra receiving FDA De Novo authorization and dedicated CMS HCPCS codes. The company targets patients living with chronic conditions such as restless legs syndrome, offering prescription-grade therapy through medical devices.
Who founded Noctrix Health?
Noctrix Health was founded by Shri Raghunathan.
Who are Noctrix Health's investors?
Noctrix Health's investors include Angelini Ventures, Blue Venture Funds, OrbiMed, Treo Ventures, Llc, Zühlke Ventures, Bridge Bank, Sandbox Clinical Ventures, Sectoral Asset Management.
How much funding has Noctrix Health raised?
Noctrix Health has disclosed $73.5M raised across 2 of its 3 known rounds.
Where is Noctrix Health headquartered?
Noctrix Health is headquartered in Pleasanton, US.