About GEM Health
GEM Health is a company based in Minneapolis (United States) founded in 2020 by Brian Sauer.. GEM Health has raised $13.03 million across 4 funding rounds from investors including HealthTrend Capital, LFE Capital and Base10 Partners. The company has 8 employees as of December 31, 2022. GEM Health offers products and services including GEM SLEEP. GEM Health operates in a competitive market with competitors including Ognomy, BetterNight, Somnea, Kick and Neru Health, among others.
- Headquarter Minneapolis, United States
- Employees 8 as on 31 Dec, 2022
- Founders Brian Sauer
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Gem Health
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$13.03 M (USD)
in 4 rounds
-
Latest Funding Round
$7.01 M (USD), Series A
Oct 07, 2024
-
Investors
HealthTrend Capital
& 3 more
-
Employee Count
8
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of GEM Health
GEM Health offers a comprehensive portfolio of products and services, including GEM SLEEP. 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.
Service for sleep apnea diagnosis, treatment, and support access.
Unlock access to complete
Funding Insights of GEM Health
GEM Health has successfully raised a total of $13.03M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7.01 million completed in October 2024. 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 4
- Last Round Series A — $7.0M
-
First Round
First Round
(25 Mar 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - GEM Health | Valuation | HealthTrend Capital , LFE Capital | |
| Sep, 2023 | Amount | Seed - GEM Health | Valuation | HealthTrend Capital | |
| May, 2023 | Amount | Seed - GEM Health | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GEM Health
GEM Health has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include HealthTrend Capital, LFE Capital and Base10 Partners. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by GEM Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - GEM Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gem Health Comparisons
Competitors of GEM Health
GEM Health 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 Ognomy, BetterNight, Somnea, Kick and Neru Health, 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 |
Online platform offering video consultation services for sleep apnea management
|
|
| domain | founded_year | HQ Location |
Sleep improvement app and assessments are offered by BetterNight.
|
|
| domain | founded_year | HQ Location |
Personalized support is provided to patients with chronic sleep disorders.
|
|
| domain | founded_year | HQ Location |
Kick is operated as an online performance medicine clinic.
|
|
| domain | founded_year | HQ Location |
AI-powered platform for sleep health support and operational optimization in healthcare.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Gem Health
Frequently Asked Questions about GEM Health
When was GEM Health founded?
GEM Health was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is GEM Health located?
GEM Health is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of GEM Health?
Brian Sauer is the current CEO of GEM Health. They have also founded this company.
Is GEM Health a funded company?
GEM Health is a funded company, having raised a total of $13.03M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.03M, raised on Mar 25, 2022.
How many employees does GEM Health have?
As of Dec 31, 2022, the latest employee count at GEM Health is 8.
What does GEM Health do?
GEM Health was founded in 2020 and is headquartered in Minneapolis, United States. Operations focus on the healthcare sector, specifically sleep apnea management. Services include a digital therapeutic tool for users, sleep coaching programs, appointment scheduling with specialists, access to prescribed medications, and online resources for prevention, diagnosis, and treatment of sleep apnea.
Who are the top competitors of GEM Health?
GEM Health's top competitors include Ognomy, BetterNight and Dreem Health.
What products or services does GEM Health offer?
GEM Health offers GEM SLEEP.
Who are GEM Health's investors?
GEM Health has 4 investors. Key investors include HealthTrend Capital, LFE Capital, Base10 Partners, and Mairs & Power Venture Capital.