Essenlix

Monmouth Junction, United States Founded: 2013 • Age: 13 yrs
Mobile health self-test platform is provided using nanotechnology and AI.

About Essenlix

Essenlix is a Healthcare company based in Monmouth Junction (United States) founded in 2013. Mobile health self-test platform is provided using nanotechnology and AI. It operates on a HealthTech and Direct-to-Consumer (D2C) model. Essenlix has raised $20 million across 1 funding round from investors including Carret Private and Quadrant. Essenlix offers products and services including iMOST-L, Q-Card, and iMOST Dock. Its focus areas include Medical Devices and Diagnostic Equipment. Its legal entity is Essenlix Corporation. Its competitors include iHealth Labs, Masimo and Levels; 2 of its 3 listed competitors have raised funding.

Company details

Essenlix is engaged in transforming health diagnostics through its innovative iMOST platform. The company operates in the healthcare sector, specializing in medical devices for personal and clinical use. Solutions are developed using nanotechnology, advanced imaging, and artificial intelligence to enable instant mobile self-testing. Tests for various biomarkers in body fluids like blood and saliva are provided, delivering lab-quality results quickly. The platform is designed to be user-friendly, cost-effective, and accessible, supporting digital health monitoring worldwide.

  • Headquarters Monmouth Junction, United States
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website essenlix.com
  • Social LinkedIn
  • Legal Name Essenlix Corporation
Key Metrics
  • Total Equity Funding
    $20M (USD)

    in 1 rounds

  • Latest Funding Round
    $20M (USD), Series A

    Aug 2018

  • Investors

Products & Services of Essenlix

Essenlix offers a comprehensive portfolio of products and services, including iMOST-L, Q-Card, and iMOST Dock.

iMOST-L
Hematology Analyzer

Automated device for HGB, WBC, and 5-DIFF analysis.

Q-Card
Test Cartridge

Single-use biochip with reagents for iMOST analyzer.

iMOST Dock
Accessory

Supportive dock for iMOST platform testing operations.

Funding Insights of Essenlix

Essenlix has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in August 2018. 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 $20M
  • Total Rounds 1
  • Last Round Series A β€” $20M
  • First Round $20M

    (Aug 2018)

  • Investors Count 2

All 1 funding rounds of Essenlix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2018$20MSeries A––
Valuation history

2 investors in total: 2 institutional.

Investors in Essenlix

Essenlix has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Carret Private and Quadrant.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Quadrant Management is engaged in private equity investments.
1970quadrantmgt.comNew York, United States
Multi-family office services are provided to high net worth families.
2016carretprivate.comWan Chai, China
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Investor details for Essenlix

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People of Essenlix

2 people are tracked at Essenlix (1 in leadership, 1 in team).

NameRoleGroup
Wu Chou
Chief Software OfficerLeadership
Mingquan Wu
Principal EngineerTeam
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Timeline of Essenlix

2 dated milestones of Essenlix across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Essenlix is founded.
  2. Funding First funding round of $20.0M.

Competitors of Essenlix

Essenlix has 3 listed competitors in our database, 2 of them funded. They include iHealth Labs, Masimo and Levels.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ihealthlabs.com2010Mountain View, United States$25M104
Personal healthcare devices for vital monitoring are designed and produced.
masimo.com1989Irvine, United States24
Provider of wide range of devices to monitor health parameters
levels.com2019United States$67M35
Wearable devices for metabolic health insights are provided.
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Detailed competitors of Essenlix

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Top companies in Health Monitoring & Wearables

3 companies that operate in the same segment as Essenlix (Health Monitoring & Wearables) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,894
Wearable glucose monitoring patches are provided for real-time data tracking.
1999San Diego, California, United StatesUSD 52.5 MUSD 4.66 B10,300
Diabetes management is enabled via glucose meters and mobile apps.
2010Palo Alto, California, United StatesUSD 201 M
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Frequently Asked Questions about Essenlix

Essenlix was founded in 2013 and raised its 1st funding round 5 years after it was founded.

Essenlix is headquartered in Monmouth Junction, United States. It is registered at Monmouth Junction, New Jersey, United States.

Essenlix is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on Aug 2018.

Essenlix is engaged in transforming health diagnostics through its innovative iMOST platform. The company operates in the healthcare sector, specializing in medical devices for personal and clinical use. Solutions are developed using nanotechnology, advanced imaging, and artificial intelligence to enable instant mobile self-testing. Tests for various biomarkers in body fluids like blood and saliva are provided, delivering lab-quality results quickly. The platform is designed to be user-friendly, cost-effective, and accessible, supporting digital health monitoring worldwide.

Essenlix's top competitors include iHealth Labs, Levels and Masimo.

Essenlix offers iMOST-L, Q-Card, and iMOST Dock.

Essenlix has 2 investors. Key investors include Carret Private, and Quadrant.

Essenlix operates through Essenlix Corporation.

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