Freedom Meditech

San Diego, United States Founded: 2006 • Age: 20 yrs
Ocular diagnostic for chronic diseases
Annual revenue - Latest available
Total funding $12.9M 6 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Freedom Meditech

Freedom Meditech is a company based in San Diego (United States) founded in 2006. Freedom Meditech has raised $12.89 million across 6 funding rounds from investors including SVB and JumpStart. Freedom Meditech operates in a competitive market with competitors including Optomed, EarlySight, LKC Technologies, Eyenuk and Wooptix, among others.

  • Headquarter San Diego, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Freedom Meditech, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.89 M (USD)

    in 6 rounds

  • Latest Funding Round
    $4.88 M (USD), Series C

    Apr 24, 2015

  • Investors
    SVB

    & 1 more

  • Employee Count
    Not available
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Funding Insights of Freedom Meditech

Freedom Meditech has successfully raised a total of $12.89M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $4.88 million completed in April 2015. 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 Freedom Meditech

Freedom Meditech has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB and JumpStart.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are accelerated via a 12-week investment program in Cleveland.
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Banking services are provided to innovative companies, investors, and individuals.
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Investor details for Freedom Meditech

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Investments & Acquisitions by Freedom Meditech

Investments
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Investment portfolio details for Freedom Meditech

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Financial Statements - Freedom Meditech

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Detailed financials for Freedom Meditech

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Freedom Meditech Comparisons

Freedom Meditech Primary company
Description
Ocular diagnostic for chronic diseases
Location
San Diego, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Freedom Meditech

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Competitors of Freedom Meditech

Freedom Meditech 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 Optomed, EarlySight, LKC Technologies, Eyenuk and Wooptix, among others.

Company Name Domain Founded year HQ Location Description
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Provider of handheld fundus cameras and software solutions for eye screening
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Retinal imaging solutions for detecting disorders are provided.
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Non-mydriatic hand-held devices for visual electrophysiology testing are developed.
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AI-driven retinal image analysis for diabetic retinopathy detection is developed.
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Application that allows 3D capture using single standard camera
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Detailed competitors of Freedom Meditech

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Latest news on Freedom Meditech

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Complete news archive for Freedom Meditech

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Frequently Asked Questions about Freedom Meditech

Freedom Meditech was founded in 2006 and raised its 1st funding round 2 years after it was founded.

Freedom Meditech is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Freedom Meditech is a funded company, having raised a total of $12.89M across 6 funding rounds to date.

Freedom Meditech is a medical device company focused on the development and commercialization of first-to-market, non-invasive, ophthalmic medical devices for both chronic disease detection and the management of diabetes. The ClearPath DS-120 Lens Fluorescence Biomicroscope is cleared by FDA and has the CE mark and Canadian Device Establishment license as a tool for the measurement of autofluorescence by scanning the crystalline lens of the eye with a blue light. In independent scientific studies published in peer-reviewed journals, elevated autofluorescence measurements have been linked to high levels of advanced glycation end products, which accumulate as a result of the aging process and the presence of systemic disease. The ClearPath scan is pain free, takes just six seconds and produces an immediate, quantitative result available to the patient and healthcare provider. The ClearPath is completely non-invasive and does not require a blood draw to produce a result. Previously the company was also developing the I-SugarX optical glucose monitor which was to be based on measuring the optical rotation caused by glucose present in the acqueous humour of the eye, but as of 2016, the company seems to be focusing more on a screening technique for diagnosing diabetes based on cross-linking in the lens of the eye.

Freedom Meditech's top competitors include Heidelberg Engineering, Eyenuk and Optomed.

Freedom Meditech has 2 investors. Key investors include SVB, and JumpStart.

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