Inova Labs

Austin, United States Founded: 2002 • Age: 24 yrs Acquired By ResMed
Oxygen concentrators are designed and manufactured for respiratory patients.

About Inova Labs

Inova Labs is a Healthcare company based in Austin (United States) founded in 2002, and was acquired by ResMed in January 2016. Oxygen concentrators are designed and manufactured for respiratory patients. Inova Labs has raised $44.99 million across 5 funding rounds from investors including ResMed, Latterell Venture Partners and Three Arch Partners. The company was acqui-hired. Inova Labs offers products and services including CPAP Machines, CPAP Masks, and myAir App. Its focus areas include Life Sciences, Pulmonology, Medical Devices and Therapeutic Devices. Its competitors include Inogen, Breathe Technologies and Liberate Medical; 3 of its 3 listed competitors have raised funding.

Company details

Inova Labs is a medical device company that designs and manufactures oxygen concentrators for patients with respiratory disorders. Product offerings include Activox 4L, Activox Pro and Activox DUO2 oxygen concentrators. Activox 4L and Activox Pro are lightweight concentrators weighing 4.8 and 4.3 pounds respectively and can be carried around in an accessory bag. Activox DUO2 weighs 37.5 pounds and can be moved around using the attached wheels. Activox 4L and Activox Pro are FAA certified and can be carried on flights safely.

Operational Areas
Key Metrics
  • Total Equity Funding
    $44.99M (USD)

    in 5 rounds

  • Latest Funding Round
    $15M (USD), Series C

    Jun 2014

  • Investors
    ResMed

    & 3 more

  • Acquired by
    ResMed

    (Jan 2016)

Products & Services of Inova Labs

Inova Labs offers a comprehensive portfolio of products and services, including CPAP Machines, CPAP Masks, and myAir App.

CPAP Machines
Sleep Apnoea Therapy

Devices that treat sleep-disordered breathing by providing continuous positive airway pressure.

CPAP Masks
Respiratory Accessories

Masks designed for effective delivery of CPAP therapy during sleep.

myAir App
Digital Health

App for monitoring and managing patient therapy adherence remotely.

Apps and channels of Inova Labs

its YouTube channel Resmed UK has 54.7K subscribers and 30 videos.

Resmed UK
YouTube 54.7K subscribers 30 videos Science & Technology
Open channel

Videos from Inova Labs

The most watched videos on Inova Labs's YouTube channel, Resmed UK (54.7K subscribers). Click a video to play it here.

ResMed - How CPAP therapy improved my quality of life
1.6K views
ResMed - Give yourself time to get used to treatment
974 views
30 Years of ResMed
812 views
ResMed - Coming up for Air, Nick’s story from symptoms, to diagnosis and treatment
565 views

More on Resmed UK.

Funding Insights of Inova Labs

Inova Labs has successfully raised a total of $44.99M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in June 2014. 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 $44.99M
  • Total Rounds 5
  • Last Round Series C β€” $15M
  • First Round $800,000

    (Aug 2009)

  • Investors Count 3

All 5 funding rounds of Inova Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2014$15MSeries C––
–
Nov 2011$17.5MSeries B–LVP
May 2010$10MSeries A––
Sep 2009$1.69MSeed––
–
Aug 2009$800,000Seed––
–
Valuation history

4 investors in total: 4 institutional.

Investors in Inova Labs

Inova Labs has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include ResMed, Latterell Venture Partners and Three Arch Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage healthcare startups are supported with venture capital.
lvpcapital.comSan Ramon, United States
Life science & tech focused VC firm investing in companies in the US
threearchpartners.comSan Mateo, United States
Private equity and venture captial firm focused on healthcare sectors
gildehealthcare.comCambridge, United States
Therapeutic devices to treat sleep apnea and respiratory disorders
1989resmed.comSan Diego, United States
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Investor details for Inova Labs

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Inova Labs

4 dated milestones of Inova Labs across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Inova Labs is founded.
  2. Funding First funding round of $800K.
  3. Funding Latest funding round, Series C, of $15.0M.
  4. Exit Acquired by ResMed.

Competitors of Inova Labs

Inova Labs has 3 listed competitors in our database, 3 of them funded. They include Inogen, Breathe Technologies and Liberate Medical.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
inogen.com2001Goleta, United States$51.65M1,000
Portable oxygen concentrators are supplied for respiratory therapy needs.
breathetechnologies.com2005Irvine, United States$59.99M97
Portable respiratory therapy systems are developed for lung diseases.
liberatemedical.com2013Louisville, United States$11.31M
Provides medical devices to stimulate respiratory muscles and aid weaning from ventilation.
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Detailed competitors of Inova Labs

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Inova Labs

Websites that share an audience with Inova Labs (inovalabs.com).

Similar websites

Websites whose visitors overlap most with Inova Labs. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
vygon.com
vygon.com
100%
#743,182–
oximedical.com
oximedical.com
90%
#2,418,681–
healthcare.philips.com
healthcare.philips.com
89%
–
directhomemedical.com
73%
#180,532View details
shermanoaksmedical.com
shermanoaksmedical.com
72%
#2,252,544–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 11 similar websites and full traffic analytics for Inova Labs

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 11 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Pulmonology

3 companies that operate in the same segment as Inova Labs (Pulmonology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of novel protein-based therapeutics using machine learning and biological engineering
2018Somerville, Massachusetts, United StatesUSD 693 M329
Portable oxygen concentrators are supplied for respiratory therapy needs.
2001Goleta, California, United StatesUSD 51.65 MUSD 348.67 M766
Robotic microsurgical systems for endoscopy are developed.
2007Redwood City, California, United StatesUSD 733.62 M91
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Frequently Asked Questions about Inova Labs

Inova Labs was founded in 2002 and raised its 1st funding round 7 years after it was founded.

Inova Labs is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Inova Labs is a funded company, having raised a total of $44.99M across 5 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Aug 2009.

Inova Labs is a medical device company that designs and manufactures oxygen concentrators for patients with respiratory disorders. Product offerings include Activox 4L, Activox Pro and Activox DUO2 oxygen concentrators. Activox 4L and Activox Pro are lightweight concentrators weighing 4.8 and 4.3 pounds respectively and can be carried around in an accessory bag. Activox DUO2 weighs 37.5 pounds and can be moved around using the attached wheels. Activox 4L and Activox Pro are FAA certified and can be carried on flights safely.

Inova Labs's top competitors include Inogen, Breathe Technologies and Liberate Medical.

Inova Labs offers CPAP Machines, CPAP Masks, and myAir App.

Inova Labs has 4 investors. Key investors include ResMed, Latterell Venture Partners, Three Arch Partners, and Gilde Healthcare.

Yes. Inova Labs was acquired by ResMed in January 2016.

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