Cleveland Medical Devices Inc.

CleveMed's SleepView home sleep tests have grown 11% per month for 36 months, allowing primary care doctors to do home sleep tests, increasing profits by 20-30%

  • Stage $1M in TTM Revenue
  • Industry Medical Devices and Equipment
  • Location Cleveland, OH, USA
  • Currency USD
  • Founded December 1990
  • Employees 24
  • Website CleveMed.com

Company Summary

CleveMed is leading the future in medical services and devices for home sleep testing (HST). From monitors for HST to full PSG, we improve the delivery of care. Sales of SleepView® and our SleepView web portal have tripled each year for the last three years. Our web-based services and devices meet AASM guidelines, are easy for patients to use, streamline operations for healthcare providers, and offer-cost efficient solutions for payers.

Team

  • Robert Neil Schmidt
    Chairman

    Bob Schmidt – Founder and CEO (BS, MS, MBA, JD, PE, Patent Attorney).
    As CEO, guided 2 companies onto the Inc. 500 list, and received Harvard’s Michael Porter’s Inc. Inner City 100 award 7 times. Only person in NE Ohio to receive Whetherhead 100 award 15 times. 40 years experience in management, marketing & sales, and engineering, managing medical device companies for last 22 yrs. Company received Edison Award, Stevie, and two Tibbetts Awards

  • Hani A. Kayyali
    President

    Hani Kayyali – President (BS, MS, MBA).
    Over 20 years medical device experience (10 with CleveMed). Developed the SleepView (R) product and service. Responsible for directing CleveMed into a leading market position in sleep disorders by focusing on core competencies, corporate restructuring, and establishing strategic partnerships. Led the effort with Midmark’s non-dilutive Investment.

  • Brian Michael Kolkowski
    Vice President and General Counsel

    Brian Kolkowski – Exec VP, General Counsel (BS, MS, PhD, JD).
    Brian has been involved in financing and M&A activities of both large & small high technology companies throughout most of his 27 year career.
    He was Group Counsel and Asst. Secretary of BF Goodrich Corp., Assoc. General Counsel for ICI Glidden, Patent Counsel for Avery Dennison, and an Associate for Spencer, Frank (now Venable LLP) in Washington, DC.

  • Matthew Mahoney
    Director of Finance

    Matt Mahoney – Director of Finance (BA, CPA)
    Over 29 years of experience (4 at CleveMed) in accounting, finance, tax and information services in high technology and manufacturing companies.
    Previously held positions of controller, accounting manager, engineering business manager, and division control manager for several other companies, as well as four years as an auditor for Arthur Young & Co.

Advisors

  • McDonald Hopkins LLC
    Lawyer
    Unconfirmed
    Hobe and Lucas LLC
    Accountant
    Unconfirmed

Previous Investors

  • Midmark Corporation
    Unconfirmed

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