About Addition Technology
Addition Technology is a company based in Lombard (United States) founded in 2001 was acquired by AJL Ophthalmic in December 2012.. The company has 6 employees as of December 31, 2021. Addition Technology offers products and services including Intacs Corneal Implants. Addition Technology operates in a competitive market with competitors including CorneaGen, Avedro, EyeGate, Cellusion and EyeYon, among others.
- Headquarter Lombard, United States
- Employees 6 as on 31 Dec, 2021
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Addition Technology Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
6
as on Dec 31, 2021
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Acquired by
AJL Ophthalmic
(Dec 31, 2012)
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Products & Services of Addition Technology
Addition Technology offers a comprehensive portfolio of products and services, including Intacs Corneal Implants. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Minimally invasive implants for keratoconus treatment to improve vision.
Funding Insights of Addition Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Addition Technology
Addition Technology has secured backing from 1 investor. Prominent investors backing the company include AJL Ophthalmic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Medical devices are provided for ophthalmology and craniomaxillofacial reconstruction.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Addition Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Addition Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Addition Technology Comparisons
Competitors of Addition Technology
Addition Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CorneaGen, Avedro, EyeGate, Cellusion and EyeYon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Therapeutic devices for corneal transplants are developed by CorneaGen.
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| domain | founded_year | HQ Location |
Corneal collagen cross-linking technology is developed for ophthalmic applications.
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| domain | founded_year | HQ Location |
Therapeutics and drug delivery systems for eye diseases are developed.
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| domain | founded_year | HQ Location |
iPS cell-based technology for corneal endothelium regeneration is developed.
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| domain | founded_year | HQ Location |
Ophthalmic devices for corneal edema treatment are developed.
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| domain | founded_year | HQ Location |
Nanotechnology-based artificial corneal implants are developed for ophthalmic use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Addition Technology
Frequently Asked Questions about Addition Technology
When was Addition Technology founded?
Addition Technology was founded in 2001.
Where is Addition Technology located?
Addition Technology is headquartered in Lombard, United States. It is registered at Lombard, Illinois, United States.
How many employees does Addition Technology have?
As of Dec 31, 2021, the latest employee count at Addition Technology is 6.
What does Addition Technology do?
Founded in 2001, Addition Technology is based in Lombard, United States, where products for ophthalmology, oculoplastics, cranio-maxillofacial reconstruction, and anesthesia are developed. Key offerings include Intacs corneal implants, intraocular lenses, capsular tension rings, and viscoelastic solutions tailored for veterinary use in cats. Operations center on medical device innovation within the eye care and surgical sectors, supporting clinical applications across these fields.
Who are the top competitors of Addition Technology?
What products or services does Addition Technology offer?
Addition Technology offers Intacs Corneal Implants.
Who are Addition Technology's investors?
Addition Technology has 1 investor. Key investors include AJL Ophthalmic.