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. 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.
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 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 |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Angel Round - alveofit | Valuation |
investors |
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| Nov, 2021 | Amount | Angel Round - alveofit | 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 |
Investments & Acquisitions by alveofit
| 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 - alveofit
| 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 |
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. 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 |
Smart devices and apps for children's asthma tracking are provided.
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In-home sensors monitor asthma in children via non-contact devices.
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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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| 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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Frequently Asked Questions about alveofit
When was alveofit founded?
alveofit was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is alveofit located?
alveofit is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is alveofit a funded company?
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.
What is the annual revenue of alveofit?
Annual revenue of alveofit is $36.69K as on Mar 31, 2023.
What does alveofit do?
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.
Who are the top competitors of alveofit?
What products or services does alveofit offer?
alveofit offers alveoair Spirometer, alveofit App, and alveoMD App.
What is alveofit's valuation?
The valuation of alveofit is $2.16M as of Apr 2022.
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