About alveofit
alveofit is a company based in Pune (India) founded in 2019 by Prashant Patel. alveofit has raised $274.22 thousand across 2 funding rounds. alveofit offers products and services including alveoair Spirometer, alveofit App, and alveoMD App. alveofit operates in a competitive market with competitors including Aluna, Tueo Health, AioCare, BIOMETRY and AsthmaTuner, among others.
- Headquarter Pune, India
- Founders Prashant Patel
- Stage Minicorn
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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 Roundworks Technologies Private Limited
- Date of Incorporation 19 Nov, 2019
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$36.69 K (USD)1655.59as on Mar 31, 2023
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Net Profit
-$142.81 K (USD)-48.22as on Mar 31, 2023
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EBITDA
-$152.13 K (USD)-96.76as on Mar 31, 2023
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Total Equity Funding
$274.22 K (USD)
in 2 rounds
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Latest Funding Round
$77.69 K (USD), Angel Round
Apr 11, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of alveofit
alveofit offers a comprehensive portfolio of products and services, including alveoair Spirometer, alveofit App, and alveoMD App.
Handheld device for accurate lung function measurement at home or clinic.
Mobile application for tracking respiratory symptoms and insights.
Platform for clinicians to manage patient respiratory data.
Funding Insights of alveofit
alveofit has successfully raised a total of $274.22K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $77.69 thousand completed in April 2022. 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 2
- Last Round Angel Round — $77,692
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First Round
First Round
(08 Nov 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Angel Round - alveofit | Valuation |
investors |
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| Nov, 2021 | Amount | Angel Round - alveofit | Valuation |
investors |
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Investments & Acquisitions by alveofit
Financial Statements - alveofit
Alveofit Comparisons
Competitors of alveofit
alveofit 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 Aluna, Tueo Health, AioCare, BIOMETRY and AsthmaTuner, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart devices and apps for children's asthma tracking are provided.
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| domain | founded_year | HQ Location |
In-home sensors monitor asthma in children via non-contact devices.
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| domain | founded_year | HQ Location |
Developer of cloud-based SaaS solutions for care coordination and remote patient monitoring
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| domain | founded_year | HQ Location |
Predictive analytics platform for medication adherence management is offered.
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| domain | founded_year | HQ Location |
Digital health platform for tracking lung symptoms and supporting providers.
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Latest news on Alveofit
Frequently Asked Questions about alveofit
alveofit was founded in 2019 and raised its 1st funding round 2 years after it was founded.
alveofit is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
alveofit is a funded company, having raised a total of $274.22K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $196.53K, raised on Nov 08, 2021.
Annual revenue of alveofit is $36.69K as on Mar 31, 2023.
Alveofit was established in 2019 in Pune, India, within the health technology sector. Handheld digital spirometer devices are offered by the company to track lung function for patients with asthma, COPD, and post-COVID recovery. Medication usage and adherence are monitored through these tools. A companion mobile app is also provided, enabling users to record their health status and related data.
alveofit offers alveoair Spirometer, alveofit App, and alveoMD App.
The valuation of alveofit is $2.16M as of Apr 2022.