AvaSure

Belmont, United States Founded: 2008 • Age: 18 yrs
Remote patient monitoring and communication are enabled via audiovisual technology.
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About AvaSure

AvaSure is a company based in Belmont (United States) founded in 2008 by Brad Playford.. AvaSure has raised $552.3 thousand across 2 funding rounds from investors including Heritage Group. AvaSure has completed 1 acquisition, including Nurse Disrupted. AvaSure offers products and services including Virtual Care Platform, Virtual Sitting, Virtual Nursing, and Hardware & Devices. AvaSure operates in a competitive market with competitors including Endotronix, Edwards Lifesciences, CoachCare, Athelas and BioIntelliSense, among others.

  • Headquarter Belmont, United States
  • Founders Brad Playford
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $552.3 K (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of AvaSure

AvaSure offers a comprehensive portfolio of products and services, including Virtual Care Platform, Virtual Sitting, Virtual Nursing, and Hardware & Devices. 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.

Primary

AI-powered system for continuous patient monitoring and remote care workflows.

Virtual solutions for efficient patient safety and adverse event prevention.

Platform for remote nursing workflows and video-based consultations.

Modular tools for seamless virtual care integration and deployment.

People of AvaSure
Headcount 50-200
Employee Profiles 90
Employee Profiles
People
Olivia (Smith) Phillips
Digital Marketing Specialist
People
Dequarius Rasheed Sims
Senior Tier 1 Technical Support
People
Bryan McKinney
Customer Success Manager
People
Adam McMullin
Chief Executive Officer

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Funding Insights of AvaSure

AvaSure has successfully raised a total of $552.3K across 2 strategic funding rounds. 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 2
  • Last Round
  • First Round

    (11 Jun 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2021 Amount Seed - AvaSure Valuation

investors

Jun, 2013 Amount Seed - AvaSure Valuation

investors

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 AvaSure

AvaSure has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Heritage Group. 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
Investor Description Founded Year Domain Location
Multi-stage tech and life sciences focused venture capital firm investing primarily in the US
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 AvaSure

AvaSure has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nurse Disrupted. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Patient care and management tools are provided for population health.
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AvaSure

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

Avasure Comparisons

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Competitors of AvaSure

AvaSure 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 Endotronix, Edwards Lifesciences, CoachCare, Athelas and BioIntelliSense, 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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Vital signs are monitored via a single-use patch and platform.
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Contactless patient monitoring is provided for mental health facilities.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about AvaSure

When was AvaSure founded?

AvaSure was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is AvaSure located?

AvaSure is headquartered in Belmont, United States. It is registered at Belmont, California, United States.

Who is the current CEO of AvaSure?

Brad Playford is the current CEO of AvaSure. They have also founded this company.

Is AvaSure a funded company?

AvaSure is a funded company, having raised a total of $552.3K across 2 funding rounds to date. The company's 1st funding round was a Seed of $552.3K, raised on Jun 11, 2013.

What does AvaSure do?

Founded in 2008 and based in Belmont, United States, AvaSure operates in the healthcare sector. The AvaSys Telesitter platform is utilized by nurses to remotely monitor and communicate with multiple patients across various locations through audiovisual means. This technology supports patient safety and efficiency in diverse healthcare settings, with leadership provided by figures such as Founder CEO Brad Playford and CEO Adam M. McMullin.

Who are the top competitors of AvaSure?

AvaSure's top competitors include Endotronix, Athelas and TestCard.

What products or services does AvaSure offer?

AvaSure offers Virtual Care Platform, Virtual Sitting, Virtual Nursing, and Hardware & Devices.

How many acquisitions has AvaSure made?

AvaSure has made 1 acquisition, including Nurse Disrupted.

Who are AvaSure's investors?

AvaSure has 1 investor. Key investors include Heritage Group.

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