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
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Freedom Meditech, 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
$12.89 M (USD)
in 6 rounds
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Latest Funding Round
$4.88 M (USD), Series C
Apr 24, 2015
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Investors
SVB
& 1 more
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Employee Count
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $4.9M
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First Round
First Round
(16 Sep 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Series C - Freedom Meditech | Valuation |
investors |
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| Aug, 2013 | Amount | Series B - Freedom Meditech | Valuation |
investors |
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| Sep, 2012 | Amount | Debt – Venture - Freedom Meditech | 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 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. 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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Startups are accelerated via a 12-week investment program in Cleveland.
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Founded Year | Domain | Location | |
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Banking services are provided to innovative companies, investors, and individuals.
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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 Freedom Meditech
| 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 - Freedom Meditech
| 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 |
Freedom Meditech Comparisons
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. 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 |
Provider of handheld fundus cameras and software solutions for eye screening
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| domain | founded_year | HQ Location |
Retinal imaging solutions for detecting disorders are provided.
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| domain | founded_year | HQ Location |
Non-mydriatic hand-held devices for visual electrophysiology testing are developed.
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| domain | founded_year | HQ Location |
AI-driven retinal image analysis for diabetic retinopathy detection is developed.
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| domain | founded_year | HQ Location |
Application that allows 3D capture using single standard camera
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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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Frequently Asked Questions about Freedom Meditech
When was Freedom Meditech founded?
Freedom Meditech was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Freedom Meditech located?
Freedom Meditech is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Freedom Meditech a funded company?
Freedom Meditech is a funded company, having raised a total of $12.89M across 6 funding rounds to date. The company's 1st funding round was a Debt – Venture of $2M, raised on Sep 16, 2008.
What does Freedom Meditech do?
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.
Who are the top competitors of Freedom Meditech?
Freedom Meditech's top competitors include Heidelberg Engineering, Eyenuk and Optomed.