Smart Nora
About this raise
Smart Nora is raising funds on DealMaker Securities. The company has developed a revolutionary technology for snoring and sleep apnea and restoring sleep for people worldwide. Smart Nora uses machine learning technology to deliver positional therapy that creates gentle motions to reposition the head and restore normal breathing. The business has sold more than 100,000 units, generated $31 million in lifetime revenues, and is soon going to launch Nora 2. Behrouz Hariri, Behzad Hariri, and Ali Hariri founded Smart Nora in August 2024. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for omni-channel marketing, subscription products, product launches, business development and retail placement, engineering and R&D, operations, and legal and accounting fees.
Investment Overview
Invested : $210,501
Deal Terms
Total Commitments
- Platform
- DealMaker Securities
- Start Date
- 01/08/2025
- Close Date
- 04/22/2025
$10,000
$1,200,000
$1,000
Equity - Common
Growth Stage
RegCF
$1.00
$25,000,000
Company & Team
Company
- Year Founded
- 2024
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +9% YoY
-
$1,646,311
as of FY2024
- Monthly Burn
-
$84,131
as of Dec '24
-
Runway
-
6 months
as of Dec '24
- Gross Margin
-
39%
as of FY2024
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $850,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/22/2025 | DealMaker Securities | $25,000,000 | $210,501 | Equity - Common | Funded | RegCF |