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Ceros Financial Services Arranges $7.5 Million Financing for Wesper

Ceros Financial Services Arranges $7.5 Million Financing for Wesper

Wesper Home Sleep Lab features a wearable device that monitors sleep conditions For clinical-grade evaluation, analysis and treatment

Ceros Financial Services announced that Ceros Capital Markets, its investment banking division, has completed a $7.5 million Series A round for Wesper, which has developed the first clinical-grade FDA cleared platform to bring the full cycle of sleep therapy to home users.

Wesper’s sensors and algorithms provide at-home medical diagnosis and ongoing measurement, before, during, and after treatment. With Wesper, users have access to customized, professional guidance from sleep specialists without having to leave their homes.

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“Millions of people suffer from poor sleep but many never receive feedback or assistance because of the lack of easy sleep testing. Wesper essentially provides an at-home sleep lab with professional guidance,” said Mark Goldwasser, CEO of Ceros Financial Services.

Ceros focuses on fundraising for early-stage medical technology and medical device companies that are developing disruptive technologies for diagnostic and non-invasive procedures. Since 2020, Ceros has completed approximately $165 million in medtech transactions. The firm is targeting to raise about $100 million over the next twelve months, Goldwasser said.

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Recent Ceros deals include $15 million for GT Metabolic Solutions, which has developed technology for incisionless bariatric and digestive surgery, and an $18 million financing round with Peregrine Ventures for Cordio Medical, which has developed technology to monitor changes in chronic heart failure conditions through analysis of voice samples recorded in a simple smartphone app.

Ceros also placed an additional $10 million for DemaSensor, which designs non-invasive tools that use machine learning and spectroscopy to evaluate skin lesions for cancer, and $15 million for Pristine Surgical, which has developed a single-use platform for endoscopic procedures.

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