About Heska
Heska is a company based in Fort Collins (United States) founded in 1988 was acquired by Mars in April 2023.. Heska has raised $6.5 million across 3 funding rounds from investors including Mars. The company has 361 employees as of December 31, 2022. Heska has completed 5 acquisitions, including Biotech Laboratories, CVM Veterinary Diagnosis and Lacuna Diagnostics. Heska offers products and services including Element AIM™, trūRapid™ Tests, Allercept™ Testing, and LOGIQ eVet™. Heska operates in a competitive market with competitors including Biotangents, Pictor, Fluxergy, vetevo and Bionote, among others.
- Headquarter Fort Collins, United States
- Employees 361 as on 31 Dec, 2022
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Antech Diagnostics, Inc.
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Annual Revenue
$257.31 M1as on Dec 31, 2022
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Net Profit
$-19.89 M-1632as on Dec 31, 2022
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EBITDA
$-20.3 M-1944as on Dec 31, 2022
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Total Equity Funding
$6.5 M (USD)
in 3 rounds
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Latest Funding Round
$86.25 M (USD), Post-IPO
Sep 12, 2019
- Investors
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Employee Count
361
as on Dec 31, 2022
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Investments & Acquisitions
Biotech Laboratories
& 4 more
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Acquired by
Mars
(Apr 03, 2023)
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Products & Services of Heska
Heska offers a comprehensive portfolio of products and services, including Element AIM™, trūRapid™ Tests, Allercept™ Testing, and LOGIQ eVet™. 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.
Analyzer for rapid veterinary lab testing and results.
Quick tests for detecting diseases in animals.
Services for identifying pet allergies and treatments.
Portable ultrasound system for veterinary examinations.
Funding Insights of Heska
Heska has successfully raised a total of $6.5M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $86.25 million completed in September 2019. 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 3
- Last Round Post-IPO — $86.2M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Post-IPO - Heska | Valuation |
investors |
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| May, 2016 | Amount | Series A - Heska | Valuation |
investors |
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| Feb, 2013 | Amount | Series A - Heska | Valuation |
investors |
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| 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 Heska
Heska has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mars. 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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Grains, legumes, snacks, pet care, and confectionery products are produced.
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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 Heska
Heska has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Biotech Laboratories, CVM Veterinary Diagnosis and Lacuna Diagnostics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Veterinary diagnostic products for infectious diseases are developed.
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2017 | ||||
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Digital cytology services for pets are provided by Lacuna Diagnostics.
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2016 | ||||
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Point-of-care diagnostic devices for multiplex assays are developed.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Heska
| 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 |
Heska Comparisons
Competitors of Heska
Heska 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 Biotangents, Pictor, Fluxergy, vetevo and Bionote, 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 |
Veterinary diagnostics products are developed for bovine viral diarrhea testing.
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| domain | founded_year | HQ Location |
Immunodiagnostic products are developed via multiplexed assays.
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| domain | founded_year | HQ Location |
Provides diagnostic devices and software for clinical and veterinary point-of-care testing.
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| domain | founded_year | HQ Location |
Diagnostic services for pets are booked online with results delivered.
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| domain | founded_year | HQ Location |
Point-of-care testing devices are supplied for animal health diagnostics.
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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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Latest news on Heska
Frequently Asked Questions about Heska
When was Heska founded?
Heska was founded in 1988 and raised its 1st funding round 25 years after it was founded.
Where is Heska located?
Heska is headquartered in Fort Collins, United States. It is registered at Fort Collins, Colorado, United States.
Who is the current CEO of Heska?
Laurie Peterson is the current CEO of Heska.
Is Heska a funded company?
Heska is a funded company, having raised a total of $6.5M across 3 funding rounds to date.
How many employees does Heska have?
As of Dec 31, 2022, the latest employee count at Heska is 361.
What is the annual revenue of Heska?
Annual revenue of Heska is $257.31M as on Dec 31, 2022.
What does Heska do?
Heska was founded in 1988 and is based in Fort Collins, United States. Diagnostic solutions for veterinary applications are provided by the company within the pet care sector. Operations focus on blood-based tests including immunoassay, coagulation, hematology analysis, heartworm detection, allergy assessment, and renal health screening. Imaging tools such as X-rays and ultrasound are also supplied, along with intranasal vaccines and IV pumps for animal care.
Who are the top competitors of Heska?
Heska's top competitors include Biotangents, Pictor and vetevo.
What products or services does Heska offer?
Heska offers Element AIM™, trūRapid™ Tests, Allercept™ Testing, and LOGIQ eVet™.
How many acquisitions has Heska made?
Heska has made 5 acquisitions, including Biotech Laboratories, CVM Veterinary Diagnosis, and Lacuna Diagnostics.
Who are Heska's investors?
Heska has 1 investor. Key investors include Mars.