Alverix

San Jose, United States Founded: 2007 • Age: 19 yrs Acquired By Becton Dickinson
Portable point-of-care diagnostic instruments and connectivity platforms are developed.
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About Alverix

Alverix is a company based in San Jose (United States) founded in 2007 was acquired by Becton Dickinson in January 2014.. Alverix has raised $7.7 million across 1 funding round from investors including BD, Safeguard Scientifics and New Venture Partners. Alverix operates in a competitive market with competitors including Inflammatix, Visby Medical, MeMed, GenMark Diagnostics and Molbio Diagnostics, among others.

  • Headquarter San Jose, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $7.7 M (USD), Series A

    Feb 06, 2008

  • Investors
    BD

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Becton Dickinson

    (Jan 07, 2014)

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Funding Insights of Alverix

Alverix has successfully raised a total of $7.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.7 million completed in February 2008. 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 Rounds 1
  • Last Round Series A — $7.7M
  • First Round

    (06 Feb 2008)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2008 Amount Series A - Alverix Valuation New Venture Partners , Safeguard Scientifics
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Alverix

Alverix has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include BD, Safeguard Scientifics and New Venture Partners. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed-to-growth investments are made in US and Europe.
Founded Year Domain Location
Venture capital firm investing in early and growth stage companies
Founded Year Domain Location
BD is recognized for providing innovative medical technology solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Alverix

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Alverix

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alverix Comparisons

Employees
+
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Competitors of Alverix

Alverix 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 Inflammatix, Visby Medical, MeMed, GenMark Diagnostics and Molbio Diagnostics, 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.

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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Alverix

Frequently Asked Questions about Alverix

When was Alverix founded?

Alverix was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Where is Alverix located?

Alverix is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Is Alverix a funded company?

Alverix is a funded company, having raised a total of $7.7M across 1 funding round to date. The company's 1st funding round was a Series A of $7.7M, raised on Feb 06, 2008.

What does Alverix do?

Alverix produces instruments and connectivity platforms for diagnostic Point-of-Care (POC) testing. Alverix claims that its systems enable laboratory class quantitative and qualitative assays in a mobile, portable, less expensive format and that this enables extended precision testing beyond high volume sites to physician office labs, retail clinics, emerging markets and the home. Alverix partners with diagnostic and OEM manufacturers who seek to increase current test accuracy, improve the portability of existing tests, or develop new assays for use in physician offices, laboratory outreach locations, retail clinics, and patient homes.Their San Jose Headquarters handles RD, Design Quality Control. Another facility in Penang, Malaysia facility fulfills manufacturing related functions.

Who are the top competitors of Alverix?

Alverix's top competitors include Visby Medical, Inflammatix and MeMed.

Who are Alverix's investors?

Alverix has 3 investors. Key investors include BD, Safeguard Scientifics, and New Venture Partners.

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