About Eccrine Systems
Eccrine Systems is a company based in Cincinnati (United States) founded in 2013 by Robert Beech and Jason Heikenfeld. It operates as a B2B. Eccrine Systems has raised $15.5 million across 7 funding rounds from investors including Ohio.gov and CincyTech. The company has 56 employees as of December 31, 2022. Eccrine Systems operates in a competitive market with competitors including Withings, Ultrahuman, iHealth Labs, Oura and Masimo, among others.
- Headquarter Cincinnati, United States
- Employees 56 as on 31 Dec, 2022
- Founders Robert Beech, Jason Heikenfeld
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eccrine Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.5 M (USD)
in 7 rounds
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Latest Funding Round
$1.87 M (USD), Series B
Oct 17, 2019
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Investors
Ohio.gov
& 1 more
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Employee Count
56
as on Dec 31, 2022
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Funding Insights of Eccrine Systems
Eccrine Systems has successfully raised a total of $15.5M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $1.87 million completed in October 2019. 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 7
- Last Round Series B — $1.9M
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First Round
First Round
(25 Feb 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series B - Eccrine Systems | Valuation |
investors |
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| Jun, 2019 | Amount | Debt – Conventional - Eccrine Systems | Valuation |
investors |
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| Jul, 2018 | Amount | Series B - Eccrine Systems | 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 Eccrine Systems
Eccrine Systems has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ohio.gov and CincyTech. 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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CincyTech is engaged in venture capital investments for innovative startups.
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Founded Year | Domain | Location | |
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Government services for Ohio state operations are managed through Ohio.gov.
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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 Eccrine Systems
| 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 - Eccrine Systems
| 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 |
Eccrine Systems Comparisons
Competitors of Eccrine Systems
Eccrine Systems 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 Withings, Ultrahuman, iHealth Labs, Oura and Masimo, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Connected devices for health, sleep, and activity monitoring are developed.
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| domain | founded_year | HQ Location |
Metabolic health is tracked via devices and fitness platforms.
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| domain | founded_year | HQ Location |
Personal healthcare devices for vital monitoring are designed and produced.
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| domain | founded_year | HQ Location |
Health-tracking smart rings and biosensors are developed for biometric monitoring.
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| domain | founded_year | HQ Location |
Provider of wide range of devices to monitor health parameters
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| domain | founded_year | HQ Location |
Wearable sweat-based microfluidic sensing systems are provided for health monitoring.
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| 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 Eccrine Systems
Frequently Asked Questions about Eccrine Systems
When was Eccrine Systems founded?
Eccrine Systems was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Eccrine Systems located?
Eccrine Systems is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of Eccrine Systems?
Robert Beech is the current CEO of Eccrine Systems. They have also founded this company.
Is Eccrine Systems a funded company?
Eccrine Systems is a funded company, having raised a total of $15.5M across 7 funding rounds to date. The company's 1st funding round was a Series B of $6.63M, raised on Feb 25, 2015.
How many employees does Eccrine Systems have?
As of Dec 31, 2022, the latest employee count at Eccrine Systems is 56.
What does Eccrine Systems do?
Eccrine Systems, backed by 17978554.0 from CincyTech, Ohio.gov, focuses on advancing health solutions through tech, developing wearables, biomedical devices, and biomarker monitoring. Develops innovative wearable systems for monitoring sweat biomarkers. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Eccrine Systems?
Eccrine Systems's top competitors include Withings, Ultrahuman and Oura.
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