Breathe Technologies

Irvine, United States Founded: 2005 • Age: 21 yrs Acquired By Hillrom
Portable respiratory therapy systems are developed for lung diseases.

About Breathe Technologies

Breathe Technologies is a Healthcare company based in Irvine (United States) founded in 2005, and was acquired by Hillrom in August 2019. Portable respiratory therapy systems are developed for lung diseases. It operates in the Healthcare and Technology sectors. Breathe Technologies has raised $59.99 million across 6 funding rounds from investors including Kleiner Perkins, SLR Investment Corp and DAG Ventures. The company has 97 employees. Its chief executive, as recorded, is Lawrence A Mastrovich. Its focus areas include HealthTech, Disease Self Management, Pediatrics and Monitoring. Its competitors include Inogen and CoachCare; 2 of its 2 listed competitors have raised funding.

Company details

Breathe Technologies is a developer and manufacturer of medical technologies for treating lung diseases and sleep-disordered breathing. Breathes wearable ventilator, NIOV, weighs only one pound, fits in the palm of the hand, and has a battery that lasts up to 4 hours before needing to be recharged. NIOV delivers a mixture of oxygen and air through a nasal interface. NIOV nasal interface covers just the nostrils, leaving the mouth unobstructed so that the patient can speak while the device is in use. NIOV requires a pressure source to work, therefore it needs an oxygen cylinder or other pressurized oxygen sources. It features the companys proprietary, portable, open-airway platform, and is FDA cleared for patients with respiratory insufficiency such as those with COPD, Interstitial Lung disease, Post Lung transplant, Neuromuscular disorders. It is commercially available for both the institutional and homecare settings. Investors include KPCB, Johnson Johnson, Delphi Ventures, Synergy Ventures, DAG Ventures, and Morgan Creek.

Key Metrics

Funding Insights of Breathe Technologies

Breathe Technologies has successfully raised a total of $59.99M across 6 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 $59.99M
  • Total Rounds 6
  • First Round $15M

    (Apr 2008)

  • Investors Count 7

All 6 funding rounds of Breathe Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2018Debt – Conventional––
Oct 2017$6.25MSeries D––
–
Aug 2017$8.5MSeries D––
–
Jun 2014$7.24MSeries C––
–
May 2010$23MSeries C––
Apr 2008$15MSeries B––
Valuation history

8 investors in total: 8 institutional.

Investors in Breathe Technologies

Breathe Technologies has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Kleiner Perkins, SLR Investment Corp and DAG Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Debt and equity investments are offered by the firm.
2006solarcapltd.comNew York, United States
Mid-stage venture capital investments and support for tech entrepreneurs.
dagventures.com
Investments are made in life sciences firms across all stages.
delphiventures.comMenlo Park, United States
Venture capital firm backed by Johnson & Johnson
jnjinnovation.com/jjdcCambridge, United States
Venture capital firm investing in early-stage tech startups
1972kleinerperkins.comMenlo Park, United States
US seed and early-stage startups are funded by Synergy Ventures.
synergyventures.netMenlo Park, United States
Life sciences startups are funded by a non-profit angel network.
lifescienceangels.comSunnyvale, United States
Hillrom is focused on advancing connected care through innovative medical solutions.
hillrom.comDeerfield, United States
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Investor details for Breathe Technologies

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People of Breathe Technologies

1 people are tracked at Breathe Technologies (1 in leadership); the tracked headcount is 97.

NameRoleGroup
Lawrence A Mastrovich
CEO & PresidentLeadership
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Timeline of Breathe Technologies

4 dated milestones of Breathe Technologies across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Breathe Technologies is founded.
  2. Funding First funding round of $15.0M.
  3. Funding Latest funding round, Debt – Conventional,.
  4. Exit Acquired by Hillrom.

Competitors of Breathe Technologies

Breathe Technologies has 2 listed competitors in our database, 2 of them funded. They include Inogen and CoachCare.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
inogen.com2001Goleta, United States$51.65M1,000
Portable oxygen concentrators are supplied for respiratory therapy needs.
coachcare.com2013New York, United States$60.2M
Remote monitoring platform for tracking patient activity
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Detailed competitors of Breathe Technologies

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Top companies in Health Monitoring & Wearables

3 companies that operate in the same segment as Breathe Technologies (Health Monitoring & Wearables) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,894
Wearable glucose monitoring patches are provided for real-time data tracking.
1999San Diego, California, United StatesUSD 52.5 MUSD 4.66 B10,300
Diabetes management is enabled via glucose meters and mobile apps.
2010Palo Alto, California, United StatesUSD 201 M
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Frequently Asked Questions about Breathe Technologies

Breathe Technologies was founded in 2005 and raised its 1st funding round 3 years after it was founded.

Breathe Technologies is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

Lawrence A Mastrovich is the CEO of Breathe Technologies, as recorded in our data.

Breathe Technologies is a funded company, having raised a total of $59.99M across 6 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Apr 2008.

Breathe Technologies has 97 employees.

Breathe Technologies is a developer and manufacturer of medical technologies for treating lung diseases and sleep-disordered breathing. Breathes wearable ventilator, NIOV, weighs only one pound, fits in the palm of the hand, and has a battery that lasts up to 4 hours before needing to be recharged. NIOV delivers a mixture of oxygen and air through a nasal interface. NIOV nasal interface covers just the nostrils, leaving the mouth unobstructed so that the patient can speak while the device is in use. NIOV requires a pressure source to work, therefore it needs an oxygen cylinder or other pressurized oxygen sources. It features the companys proprietary, portable, open-airway platform, and is FDA cleared for patients with respiratory insufficiency such as those with COPD, Interstitial Lung disease, Post Lung transplant, Neuromuscular disorders. It is commercially available for both the institutional and homecare settings. Investors include KPCB, Johnson Johnson, Delphi Ventures, Synergy Ventures, DAG Ventures, and Morgan Creek.

Breathe Technologies's top competitors include Inogen and CoachCare.

Breathe Technologies has 8 investors. Key investors include Kleiner Perkins, SLR Investment Corp, DAG Ventures, Delphi Ventures, and Johnson & Johnson Innovation – JJDC.

Yes. Breathe Technologies was acquired by Hillrom in August 2019.

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