Elva

San Francisco, United States Founded: 2016 • Age: 10 yrs
Wearable devices for medication adherence and reminders are offered.
Annual revenue - Latest available
Total funding $50,000 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Elva

Elva is a company based in San Francisco (United States) founded in 2016 by Mohammad Algassim and Ibrahim AlGwaiz. Elva has raised $50 thousand across 1 funding round from investors including 500 Global MENA. Elva operates in a competitive market with competitors including Ekso Bionics, SafelyYou, Nobi, Flosonics Medical and Connect America, among others.

  • Headquarter San Francisco, United States
  • Founders Mohammad Algassim, Ibrahim AlGwaiz
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Practech Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $50 K (USD)

    in 1 rounds

  • Latest Funding Round
    $50 K (USD), Seed

    Apr 29, 2020

  • Investors
  • Employee Count
    Not available
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Funding Insights of Elva

Elva has successfully raised a total of $50K through 1 strategic funding round. The most recent funding activity was a Seed round of $50 thousand completed in April 2020. 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 Elva

Elva has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 500 Global MENA.

All
Institutional
Investor Description Founded Year Domain Location
Early stage investments are made in MENA region startups.
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Investments & Acquisitions by Elva

Investments
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Investment portfolio details for Elva

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Financial Statements - Elva

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Elva Comparisons

Elva Primary company
Description
Wearable devices for medication adherence and reminders are ...
Location
San Francisco, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Elva

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Competitors of Elva

Elva 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 Ekso Bionics, SafelyYou, Nobi, Flosonics Medical and Connect America, among others.

Company Name Domain Founded year HQ Location Description
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Exoskeletons for medical rehabilitation and industrial productivity are provided.
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AI-based fall detection and prevention technology is provided for clinics.
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Smart lamp for elderly fall detection is provided.
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Developer of non-invasive hemodynamic monitoring devices
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Provider of emergency monitoring services to older adults with medical conditions
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Assistive aids for elderly are provided via non-wearable sensors.
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Detailed competitors of Elva

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Latest news on Elva

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Complete news archive for Elva

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Frequently Asked Questions about Elva

Elva was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Elva is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Khalid AlNasser is the current CEO of Elva.

Elva is a funded company, having raised a total of $50K across 1 funding round to date.

Founded in 2016 in San Francisco, United States, Elva operates in the health technology sector. Wearable tracking devices are developed to support medication adherence through vibration reminders and integrated medical or emergency alerts. Synchronization with a companion mobile application is enabled, along with features for scanning medications to access chronology and dosage details. Leadership is provided by co-founders and CEO.

Elva's top competitors include Ekso Bionics, SafelyYou and Nobi.

Elva has 1 investor. Key investors include 500 Global MENA.

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