About Epitel
Epitel is a company based in Salt Lake City (United States) founded in 2007 by Mark Lehmkuhle.. Epitel has raised $12.5 million across 6 funding rounds from investors including HHS, OSF HealthCare and CHV. Epitel offers products and services including REMI Remote EEG Monitoring System and REMI Vigilenz AI. Epitel operates in a competitive market with competitors including Ceribell, Empatica, BioSerenity, Seer and BrainScope, among others.
- Headquarter Salt Lake City, United States
- Founders Mark Lehmkuhle
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Sectors
TechnologyHealthcare
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Email
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Phone
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Website
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Social
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- Legal Name Epitel, 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
$12.5 M (USD)
in 6 rounds
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Latest Funding Round
$12.5 M (USD), Series A
Feb 17, 2022
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Investors
HHS
& 8 more
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Employee Count
Employee Count
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Products & Services of Epitel
Epitel offers a comprehensive portfolio of products and services, including REMI Remote EEG Monitoring System and REMI Vigilenz AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wireless system for capturing and transmitting brain activity in healthcare settings.
Analyzes EEG data to detect potential electrographic seizures accurately.
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Funding Insights of Epitel
Epitel has successfully raised a total of $12.5M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $12.5 million completed in February 2022. 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 6
- Last Round Series A — $12.5M
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First Round
First Round
(21 Sep 2009)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series A - Epitel | Valuation | CHV , Genoa Ventures | |
| Dec, 2019 | Amount | Seed - Epitel | Valuation | Ideaship |
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| Apr, 2017 | Amount | Grant - Epitel | Valuation |
investors |
| 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 Epitel
Epitel has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include HHS, OSF HealthCare and CHV. 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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Early-stage VC firm focused on life science startups
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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 Epitel
| 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 - Epitel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Epitel Comparisons
Competitors of Epitel
Epitel 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 Ceribell, Empatica, BioSerenity, Seer and BrainScope, 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 |
Portable EEG devices for point-of-care seizure diagnosis are provided.
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| domain | founded_year | HQ Location |
Developer of a wrist band to monitor physiological signals
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| domain | founded_year | HQ Location |
Provider of smart healthcare solutions for sleep and EEG lab management
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| domain | founded_year | HQ Location |
Proteomics platform developed for early cancer and neurological disease detection.
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| domain | founded_year | HQ Location |
Developer of AI-driven EEG platform transforming brain electrical activity into insights
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Epitel
Frequently Asked Questions about Epitel
When was Epitel founded?
Epitel was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Epitel located?
Epitel is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Who is the current CEO of Epitel?
Mark Lehmkuhle is the current CEO of Epitel. They have also founded this company.
Is Epitel a funded company?
Epitel is a funded company, having raised a total of $12.5M across 6 funding rounds to date. The company's 1st funding round was a Grant of $225.45K, raised on Sep 21, 2009.
What does Epitel do?
Epitel was founded in 2007 in Salt Lake City, United States, focusing on health technology for neurological care. A scalp-applied, adhesive-based EEG device is offered for continuous seizure monitoring, independent of time or location. The rechargeable system pairs with a mobile application via Bluetooth to detect and log seizure events. Collected data is analyzed by physicians to adjust treatments and daily routines.
Who are the top competitors of Epitel?
Epitel's top competitors include Ceribell, Empatica and BrainScope.
What products or services does Epitel offer?
Epitel offers REMI Remote EEG Monitoring System and REMI Vigilenz AI.
Who are Epitel's investors?
Epitel has 9 investors. Key investors include HHS, OSF HealthCare, CHV, Genoa Ventures, and Wavemaker 360.
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