About Biote
Biote is a company based in Irving (United States) founded in 2011 by Gary Donovitz.. The company has 217 employees as of December 31, 2024. Biote offers products and services including Pellet Therapy and BHRT. Biote operates in a competitive market with competitors including Amazentis, DecodeAge, Timeline, Nuchido and Ponce De Leon Health, among others.
- Headquarter Irving, United States
- Employees 217 as on 31 Dec, 2024
- Founders Gary Donovitz
- Stage Public
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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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- Legal Name Biote Corp.
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Annual Revenue
$197.19 M6.38as on Dec 31, 2024
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Net Profit
$3.16 M-4.79as on Dec 31, 2024
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EBITDA
$44.96 M-2.71as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
217
as on Dec 31, 2024
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IPO & Listings of Biote
Biote is a publicly listed company on the NASDAQ with ticker symbol BTMD in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Biote
Biote offers a comprehensive portfolio of products and services, including Pellet Therapy and BHRT. 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.
Method for inserting hormones to optimize patient levels
Bioidentical therapy to address imbalance symptoms
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Funding Insights of Biote
| 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 |
Investments & Acquisitions by Biote
| 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 - Biote
| 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 |
Biote Comparisons
Competitors of Biote
Biote 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 Amazentis, DecodeAge, Timeline, Nuchido and Ponce De Leon 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 |
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| domain | founded_year | HQ Location |
Developing nutritional products to slow aging and improve quality of life
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| domain | founded_year | HQ Location |
Online platform offering drugs for longevity and age health
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| domain | founded_year | HQ Location |
Clinically-tested Urolithin A supplements and skincare are developed.
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| domain | founded_year | HQ Location |
Manufacturer of dietary supplements
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| domain | founded_year | HQ Location |
Anti-aging nutraceutical supplements are developed and tested.
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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 Biote
Frequently Asked Questions about Biote
When was Biote founded?
Biote was founded in 2011.
Where is Biote located?
Biote is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Who is the current CEO of Biote?
Terry Weber is the current CEO of Biote.
How many employees does Biote have?
As of Dec 31, 2024, the latest employee count at Biote is 217.
What is the annual revenue of Biote?
Annual revenue of Biote is $197.19M as on Dec 31, 2024.
What does Biote do?
Biote was founded in 2011 and is headquartered in Irving, United States. Operations focus on the healthcare sector, specifically hormone replacement therapy and bioidentical pellet insertions. Services are delivered through a network of practitioners, targeting hormone optimization for patients. Leadership includes founder Gary Donovitz and CEO Terry Weber, with activities centered in the U.S. market.
Who are the top competitors of Biote?
What products or services does Biote offer?
Biote offers Pellet Therapy and BHRT.
Is Biote publicly traded?
Yes, Biote is publicly traded on NASDAQ under the ticker symbol BTMD.
What is Biote's ticker symbol?
The ticker symbol of Biote is BTMD on NASDAQ.