About AdhereTech
AdhereTech is a company based in New York (United States) founded in 2011 by Josh Stein.. AdhereTech has raised $2.37 million across 4 funding rounds from investors including Argentum Group and Blueprint Health. AdhereTech offers products and services including Aidia Smart Bottle, Aidia Smart Cap, and Aidia Platform. AdhereTech operates in a competitive market with competitors including Wellth, Cureatr, Phil, Proteus Digital Health and Spencer Health Solutions, among others.
- Headquarter New York, United States
- Founders Josh Stein
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.37 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Argentum Group
& 1 more
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Employee Count
Employee Count
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Products & Services of AdhereTech
AdhereTech offers a comprehensive portfolio of products and services, including Aidia Smart Bottle, Aidia Smart Cap, and Aidia Platform. 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.
Smart bottle that reminds patients to take medication on schedule.
Fits prescription bottles to maintain medication stability and adherence.
Delivers real-time insights for targeted patient support and interventions.
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Product Management Team
1 people
Co Team
1 people
Leadership Team
1 people
Software Development Team
1 people
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Funding Insights of AdhereTech
AdhereTech has successfully raised a total of $2.37M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(19 Jul 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series A - AdhereTech | Valuation |
investors |
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| Jul, 2014 | Amount | Series A - AdhereTech | Valuation |
investors |
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| Nov, 2013 | Amount | Seed - AdhereTech | Valuation |
investors |
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| 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 AdhereTech
AdhereTech has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Argentum Group and Blueprint Health. 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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Multiple sectors are invested in by the private equity firm.
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Founded Year | Domain | Location | |
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A community of healthcare entrepreneurs is supported by Blueprint Health.
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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 AdhereTech
| 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 - AdhereTech
| 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 |
Adheretech Comparisons
Competitors of AdhereTech
AdhereTech 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 Wellth, Cureatr, Phil, Proteus Digital Health and Spencer Health Solutions, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides AI and cloud-based platform for doctors for patient engagement and care
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| domain | founded_year | HQ Location |
Cloud-based medication management software is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Prescription drugs refill management solutions
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| domain | founded_year | HQ Location |
Cloud-based medication adherence monitoring is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Devices and apps for medication adherence are provided.
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| domain | founded_year | HQ Location |
Medication management systems are supplied to healthcare providers and pharmacies.
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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 Adheretech
Frequently Asked Questions about AdhereTech
When was AdhereTech founded?
AdhereTech was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is AdhereTech located?
AdhereTech is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of AdhereTech?
Josh Stein is the current CEO of AdhereTech. They have also founded this company.
Is AdhereTech a funded company?
AdhereTech is a funded company, having raised a total of $2.37M across 4 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Jul 19, 2012.
What does AdhereTech do?
AdhereTech was founded in 2011 in New York, United States, within the health technology sector. Patented wireless pill bottles are developed to alert patients via automated calls and texts for scheduled medication intake. Usage and dosage are tracked continuously. The service is provided to pharmaceutical companies for distributing specialty medications and monitoring adherence in clinical trials, with operations centered in the United States.
Who are the top competitors of AdhereTech?
AdhereTech's top competitors include Wellth, Phil and Capsa Healthcare.
What products or services does AdhereTech offer?
AdhereTech offers Aidia Smart Bottle, Aidia Smart Cap, and Aidia Platform.
Who are AdhereTech's investors?
AdhereTech has 2 investors. Key investors include Argentum Group, and Blueprint Health.