About alveofit
alveofit is a company based in Pune (India) founded in 2019 by Prashant Patel. alveofit has raised $431.26 thousand across 4 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.
- Annual Revenue₹0.31 Cr
FY 2023 · +1656% YoY
- Net Loss-₹1.19 Cr
FY 2023 · -389% margin
- EBITDA-₹1.52 Cr
FY 2023 · -498% margin
- Total Equity Funding$431.26K (USD)
in 4 rounds
- Latest Funding Round$102.59K (USD), Angel Round
Jul 2023
Associated legal entities of alveofit
alveofit operates through Roundworks Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Roundworks Technologies Private Limited CIN U72200PN2019PTC187880 | Active | 19 Nov 2019 | Pune, Maharashtra | ₹0.3 Cr | – | 4 | View details |
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.
Apps and channels of alveofit
alveofit publishes 6 mobile apps with over 1.6K+ downloads.
Funding Insights of alveofit
alveofit has successfully raised a total of $431.26K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $102.59 thousand completed in July 2023. 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 $431,264
- Total Rounds 4
- Last Round Angel Round — $102,591
- First Round $196,533
(Nov 2021)
All 4 funding rounds of alveofit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $102,591 | Angel Round | – | – | – |
| Jan 2023 | $54,448 | Angel Round | – | – | – |
| Apr 2022 | $77,692 | Angel Round | $2.16M | – | – |
| Nov 2021 | $196,533 | Angel Round | $2.16M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $2.16M | •••••••• |
| Nov 2021 | $2.16M | •••••••• |
Last known valuation $2.16M (Apr 2022).
Board of directors of Roundworks Technologies Private Limited (alveofit)
Roundworks Technologies Private Limited is the primary company behind alveofit. The board of Roundworks Technologies Private Limited currently have 4 directors; the longest-serving is Sunil Kumar Akshayavar Singh, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Kumar Akshayavar Singh DIN 08615962 | Director | 19 Nov 2019 | 6 yrs 10 mo | Roundworks Technologies Private Limited |
| Devendra Prasad DIN 08615973 | Director | 19 Nov 2019 | 6 yrs 10 mo | Roundworks Technologies Private Limited |
| Prashant Patel DIN 07530263 | Director | 15 Jul 2020 | 6 yrs 2 mo | Roundworks Technologies Private Limited |
| Vaibhav Sunil Bhavsar DIN 10549024 | Director | 18 Mar 2024 | 2 yrs 6 mo | Roundworks Technologies Private Limited |
People of alveofit
1 people are tracked at alveofit (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for alveofit
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Verified entity values are shown only after access is granted.
Financials of alveofit
Figures of Roundworks Technologies Private Limited, the primary company behind alveofit, for FY 2023. Revenue was ₹0.31 Cr (+1656% year on year). Net loss was -₹1.19 Cr (-389% margin). EBITDA was -₹1.52 Cr (-498% margin). Revenue has grown at a compounded annual rate of +11412% over three years.
- ₹0.31 CrRevenue · FY 2023 · +1656% YoY
- -₹1.19 CrNet loss · -389% margin
- -₹1.52 CrEBITDA · -498% margin
- ₹1.31 CrPaid-up capital
- +11412%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Roundworks Technologies Private Limited are on its company page.
Detailed financial statements for alveofit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of alveofit
4 dated milestones of alveofit across 4 years, from founding to its latest funding, stage changes and deals.
- Founded alveofit is founded.
- Funding First funding round of $197K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $103K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alunacare.com | 2020 | San Francisco, United States | $15.3M | 27 | Smart devices and apps for children's asthma tracking are provided. | |
| tueohealth.com | 2015 | Redwood, United States | $1.5M | – | In-home sensors monitor asthma in children via non-contact devices. | |
| aiocare.com | 2006 | Toronto, Canada | $2.03M | – | Developer of cloud-based SaaS solutions for care coordination and remote patient monitoring | |
| mybiometry.com | 2013 | Boston, United States | $5M | – | Predictive analytics platform for medication adherence management is offered. | |
| asthmatuner.se | 2015 | Stockholm, Sweden | – | – | Digital health platform for tracking lung symptoms and supporting providers. | |
| breathesuite.com | 2018 | St. John's, Canada | $1.49M | – | Connected inhalers are provided for asthma and COPD medication adherence. | |
| briota.co | 2018 | Pune, India | – | 2 | Provider of device for asthma monitoring | |
| spiromagic.dk | 2014 | Gribskov, Denmark | $703,904 | 3 | Smartphone-connected spirometers are supplied for lung function assessment. |
Detailed competitors of alveofit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of alveofit
The website of alveofit (alveo.fit) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 123.3% vs previous month
Latest news on Alveofit
Complete news archive for alveofit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to alveofit
10 companies that operate in the same segment as alveofit (Health Monitoring & Wearables), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | – | – | |
Wearable glucose monitoring patches are provided for real-time data tracking. | 1999 | San Diego, California, United States | USD 52.5 M | USD 4.66 B | 10,300 | |
AI-based mobile app tracks and predicts menstrual cycles. | 2015 | London, England, United Kingdom | USD 269 M | – | – | |
Smartphone-enabled glucometers and diabetes management apps are provided. | 2015 | Delhi, Delhi, India | USD 50.83 M | USD 2.74 M | 142 | |
Provider of a fertility tracking app that doubles as birth control | 2013 | Stockholm, Sweden | USD 99.5 M | – | – | |
Diabetes management is enabled via glucose meters and mobile apps. | 2010 | Palo Alto, California, United States | USD 201 M | – | – |
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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 $431.26K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $196.53K, raised on Nov 2021.
The primary company behind alveofit, Roundworks Technologies Private Limited, reported revenue of ₹0.31 Cr for FY 2023, up 1656% year on year.
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.
alveofit operates through Roundworks Technologies Private Limited.
The legal entities of alveofit currently have 4 directors, including Prashant Patel, Vaibhav Sunil Bhavsar, Sunil Kumar Akshayavar Singh and others.
Yes. alveofit publishes alveoMD and 5 more apps, with over 1,560 downloads.