Fresh off a $12 million fund-raise, sleep services and equipment provider Dormir Inc. has gone shopping, acquiring 15 sleep-therapy centers in the western United States for an undisclosed sum.
New health investor Excel Venture Management added $4 million to complete the $12 million round for Dormir, the sleep-therapy services and equipment provider. Dormir will use the money for expansion.
We have the opportunity to design systems that give people greater capacity for the work where human presence matters most: listening, understanding, reassuring, deciding, and caring.
CHL Medical Partners and Noro-Moseley Partners lead the round. Dormir Chief Executive Tim Miller stated in a press release that the money would be used to support extremely fast growth in its businesses.