About Cholestech
Cholestech is a company based in San Diego (United States) founded in 1988 was acquired by Abbott in June 2007. Cholestech has raised $24 million across 1 funding round from investors including Abbott Global Point of Care. Cholestech has completed 1 acquisition, including Health Net.
- Headquarter San Diego, United States
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$24 M (USD)
in 1 rounds
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Latest Funding Round
$24 M (USD), Series B
Feb 04, 1991
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Abbott
(Jun 04, 2007)
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Funding Insights of Cholestech
Cholestech has successfully raised a total of $24M through 1 strategic funding round. The most recent funding activity was a Series B round of $24 million completed in February 1991. 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.
Investors in Cholestech
Cholestech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Abbott Global Point of Care.
| Investor | Description | Founded Year | Domain | Location |
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Rapid diagnostics products and solutions for point-of-care testing are provided.
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Locked | Locked | Locked |
Investor details for Cholestech
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Investments & Acquisitions by Cholestech
Cholestech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Health Net.
Investment portfolio details for Cholestech
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Health plans and services are provided to individuals and businesses.
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Locked | Locked | 1977 | Locked |
Complete acquisition details for Cholestech
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Financial Statements - Cholestech
Detailed financials for Cholestech
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Cholestech Comparisons
Peer comparison for Cholestech
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Competitors of Cholestech
Detailed competitors of Cholestech
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Latest news on Cholestech
Complete news archive for Cholestech
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Frequently Asked Questions about Cholestech
Cholestech was founded in 1988 and raised its 1st funding round 3 years after it was founded.
Cholestech is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Cholestech is a funded company, having raised a total of $24M across 1 funding round to date.
Cholestech developed point-of-care diagnostics solutions for chronic diseases. Its flagship product Cholestech LDX (R) measures cholesterol, glucose, liver enzymes and C-reactive Protein to identify high-risk heart disease patients. Another product Cholestech GDX was an at-home device for measurement of average blood glucose or A1C levels. In June 2007, Alere (then known as Inverness Medical) acquired the company for 326.3M. Cholestech was an inaugural member of the NASDAQ Healthcare Index.
Cholestech has made 1 acquisition, including Health Net.
Cholestech has 1 investor. Key investors include Abbott Global Point of Care.