About Avails Medical
Avails Medical is a company based in Menlo Park (United States) founded in 2013.. Avails Medical has raised $8.66 million across 6 funding rounds from investors including HHS and CARB-X. Avails Medical offers products and services including eQUANT System. Avails Medical operates in a competitive market with competitors including OpGen, NOWDiagnostics, HandyLab, DNA Electronics and GNA Biosolutions, among others.
- Headquarter Menlo Park, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Avails Medical, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.66 M (USD)
in 6 rounds
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Latest Funding Round
$1.7 M (USD), Grant
Sep 01, 2022
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Investors
HHS
& 1 more
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Employee Count
Employee Count
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Products & Services of Avails Medical
Avails Medical offers a comprehensive portfolio of products and services, including eQUANT System. 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.
Rapid biosensor for testing bacterial infections and reducing results time.
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Funding Insights of Avails Medical
Avails Medical has successfully raised a total of $8.66M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $1.7 million completed in September 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 6
- Last Round Grant — $1.7M
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First Round
First Round
(19 Dec 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Grant - Avails Medical | Valuation |
investors |
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| Feb, 2017 | Amount | Series A - Avails Medical | Valuation |
investors |
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| Jul, 2016 | Amount | Seed - Avails Medical | 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 |
Investors in Avails Medical
Avails Medical has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and CARB-X. 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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Antibiotics, vaccines, and diagnostics against drug-resistant bacteria are developed.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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 Avails 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 - Avails 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 |
Avails Medical Comparisons
Competitors of Avails Medical
Avails 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 OpGen, NOWDiagnostics, HandyLab, DNA Electronics and GNA Biosolutions, 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 |
Developer of diagnostics and bioinformatics platforms for providers
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| domain | founded_year | HQ Location |
Develops rapid assay medical tests that use a single drop of blood to test for a variety of common conditions, illnesses and diseases
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| domain | founded_year | HQ Location |
Molecular diagnostic assays and automation platforms are developed.
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| domain | founded_year | HQ Location |
Semi-conductor-based NGS diagnostics for infectious diseases are offered.
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| domain | founded_year | HQ Location |
Instruments and assays for molecular pathogen detection are developed.
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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 Avails Medical
Frequently Asked Questions about Avails Medical
When was Avails Medical founded?
Avails Medical was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Avails Medical located?
Avails Medical is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Is Avails Medical a funded company?
Avails Medical is a funded company, having raised a total of $8.66M across 6 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Dec 19, 2014.
What does Avails Medical do?
Avails Medical was founded in 2013 in Menlo Park, United States, within the medical diagnostics sector. Devices for point-of-care testing of infections are produced, featuring a sensor that identifies microbes in fluid samples within less than 10 minutes. An electrical readout is generated to assess antibiotic-resistant bacteria, enabling real-time treatment decisions by physicians, in contrast to conventional 48-hour lab processes. Initial focus is placed on urinary tract infections.
Who are the top competitors of Avails Medical?
Avails Medical's top competitors include OpGen, Verax Biomedical and NOWDiagnostics.
What products or services does Avails Medical offer?
Avails Medical offers eQUANT System.