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
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
- 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $24.0M
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First Round
First Round
(04 Feb 1991)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 1991 | Amount | Series B - Cholestech | 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 Cholestech
Cholestech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Abbott Global Point of Care. 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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Rapid diagnostics products and solutions for point-of-care testing are provided.
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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 Cholestech
Cholestech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Health Net. 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.
| 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 |
| 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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1977 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cholestech
| 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 |
Cholestech Comparisons
Competitors of Cholestech
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Cholestech
Frequently Asked Questions about Cholestech
When was Cholestech founded?
Cholestech was founded in 1988 and raised its 1st funding round 3 years after it was founded.
Where is Cholestech located?
Cholestech is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Cholestech a funded company?
Cholestech is a funded company, having raised a total of $24M across 1 funding round to date. The company's 1st funding round was a Series B of $24M, raised on Feb 04, 1991.
What does Cholestech do?
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.
How many acquisitions has Cholestech made?
Cholestech has made 1 acquisition, including Health Net.
Who are Cholestech's investors?
Cholestech has 1 investor. Key investors include Abbott Global Point of Care.