About Astarte Medical
Astarte Medical is a company based in Ewing (United States) founded in 2016 by Tammi Jantzen.. Astarte Medical has raised $17.85 million across 7 funding rounds from investors including Illumina, Ben Franklin Technology Partners and Viking Global Investors. Astarte Medical offers products and services including NICUtrition. Astarte Medical operates in a competitive market with competitors including Healthsense, NeoCare Innovations, Milktracker and TrueGen Health, among others.
- Headquarter Ewing, United States
- Founders Tammi Jantzen
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.85 M (USD)
in 7 rounds
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Latest Funding Round
$7.6 M (USD), Series A
Sep 22, 2021
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Investors
Illumina
& 14 more
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Employee Count
Employee Count
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Products & Services of Astarte Medical
Astarte Medical offers a comprehensive portfolio of products and services, including NICUtrition. 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.
Provides real-time data for standardizing nutrition care in NICUs.
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Advisor Team
6 people
Leadership Team
5 people
Finance and Accounting
1 people
Software Development Team
1 people
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Funding Insights of Astarte Medical
Astarte Medical has successfully raised a total of $17.85M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $7.6 million completed in September 2021. 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 7
- Last Round Series A — $7.6M
- First Round First Round
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Astarte Medical | Valuation | Viking Global Investors , Lunsford Capital | |
| Nov, 2019 | Amount | Series A - Astarte Medical | Valuation |
investors |
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| May, 2019 | Amount | Series A - Astarte Medical | Valuation | Viking Global Investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Astarte Medical
Astarte Medical has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Illumina, Ben Franklin Technology Partners and Viking Global Investors. 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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Private investment firm focused on multiple sectors
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Venture capital funding is provided across multiple sectors.
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Technology ecosystem growth is supported in Southeastern Pennsylvania.
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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 Astarte Medical
| 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 - Astarte Medical
| 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 |
Astarte Medical Comparisons
Competitors of Astarte Medical
Astarte Medical 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 Healthsense, NeoCare Innovations, Milktracker and TrueGen Health, 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 |
Remote monitoring, emergency call, and wellness management solutions
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| domain | founded_year | HQ Location |
A clinical decision support tool for preterm infants is developed.
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| domain | founded_year | HQ Location |
Provider of feed tracking system for babies in NICU
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| domain | founded_year | HQ Location |
AI-based platform for pediatric behavioral health monitoring is offered.
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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 Astarte Medical
Frequently Asked Questions about Astarte Medical
When was Astarte Medical founded?
Astarte Medical was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Astarte Medical located?
Astarte Medical is headquartered in Ewing, United States. It is registered at Ewing, New Jersey, United States.
Is Astarte Medical a funded company?
Astarte Medical is a funded company, having raised a total of $17.85M across 7 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Dec 14, 2017.
What does Astarte Medical do?
Astarte Medical was founded in 2016 and is headquartered in Ewing, United States. The company operates in the health informatics sector, focusing on neonatal care for preterm infants. Its platform addresses gut health monitoring to support outcomes in high-risk pregnancies and preterm births. The primary solution, NICUtrition, serves as a microbial health tool used in neonatal intensive care units to track and analyze infant gut conditions.
Who are the top competitors of Astarte Medical?
Astarte Medical's top competitors include Healthsense, Milktracker and NeoCare Innovations.
What products or services does Astarte Medical offer?
Astarte Medical offers NICUtrition.
Who are Astarte Medical's investors?
Astarte Medical has 15 investors. Key investors include Illumina, Ben Franklin Technology Partners, Viking Global Investors, Lunsford Capital, and Ben Franklin Technology Partners.