Kestrel Labs

United States Founded: 2001 • Age: 25 yrs Acquired By Zynex
Photoplethysmography monitoring devices are manufactured by Kestrel Labs.

About Kestrel Labs

Kestrel Labs is a Healthcare company based in United States founded in 2001, and was acquired by Zynex in December 2021. Photoplethysmography monitoring devices are manufactured by Kestrel Labs. It operates in the Healthcare and Technology sectors. The company was acqui-hired. Its focus areas include High Tech, Wearable Technology, Health and Wellness Devices and Cardiac. Its competitors include AliveCor, iRhythm Tech and iHealth Labs; 3 of its 3 listed competitors have raised funding.

Company details

Kestrel Labs was founded in 2001 in the United States as a manufacturer of photoplethysmography devices. Monitoring equipment such as the OSM3 and CO-oximeter is produced, utilizing patented laser-based technology. Operations focus on the medical device sector, where devices are designed for diagnosis and treatment applications. A team member from BIOX, known for developing the first pulse oximeter, contributes to the companys expertise.

  • Headquarters United States
  • Stage Acquired
  • Sectors
    Healthcare
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website kestrellabs.com
  • Social LinkedIn
  • Acquired by Zynex (Dec 2021)
Key Metrics
  • Latest Funding Round
    $150K (USD), Grant

    Jun 2016

  • Investors
    HHS

    & 1 more

  • Acquired by
    Zynex

    (Dec 2021)

Funding Insights of Kestrel Labs

  • Total Rounds 6
  • Last Round Grant β€” $150,000
  • First Round $1.08M

    (Apr 2003)

  • Investors Count 1

All 6 funding rounds of Kestrel 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 2016$150,000Grant––
Sep 2011$1.57MGrant––
Sep 2011$165,117Grant––
Sep 2009$1.08MGrant––
Aug 2007$1.08MGrant––
Apr 2003$1.08MGrant––
Valuation history

2 investors in total: 2 institutional.

Investors in Kestrel Labs

Kestrel Labs has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Zynex.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov
Non-invasive electrotherapy and stroke rehabilitation devices are developed by Zynex.
1996zynex.comLone Tree, United States
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Investor details for Kestrel Labs

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

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Timeline of Kestrel Labs

4 dated milestones of Kestrel Labs across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kestrel Labs is founded.
  2. Funding First funding round of $1.1M.
  3. Funding Latest funding round, Grant, of $150K.
  4. Exit Acquired by Zynex.

Competitors of Kestrel Labs

Kestrel Labs has 3 listed competitors in our database, 3 of them funded. They include AliveCor, iRhythm Tech and iHealth Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
alivecor.com2010Mountain View, United States$114.38M67
Cardiac monitoring devices and applications are provided for heart health.
irhythmtech.com2006San Francisco, United States$109.23M1,657
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided.
ihealthlabs.com2010Mountain View, United States$25M104
Personal healthcare devices for vital monitoring are designed and produced.
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Detailed competitors of Kestrel 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 Kestrel Labs

The website of Kestrel Labs (kestrellabs.com) receives about 1K visits a month.

  • Monthly visits
    1K

    ▲ 43.1% vs previous month

Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as Kestrel Labs (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Kestrel Labs

Zynex Announces Acquisition of Kestrel Labs
Prnewswire β€’ 4 years ago
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Complete news archive for Kestrel Labs

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Frequently Asked Questions about Kestrel Labs

Kestrel Labs was founded in 2001 and raised its 1st funding round 2 years after it was founded.

Kestrel Labs is headquartered in United States.

Kestrel Labs was founded in 2001 in the United States as a manufacturer of photoplethysmography devices. Monitoring equipment such as the OSM3 and CO-oximeter is produced, utilizing patented laser-based technology. Operations focus on the medical device sector, where devices are designed for diagnosis and treatment applications. A team member from BIOX, known for developing the first pulse oximeter, contributes to the companys expertise.

Kestrel Labs's top competitors include AliveCor, iRhythm Tech and iHealth Labs.

Kestrel Labs has 2 investors. Key investors include HHS, and Zynex.

Yes. Kestrel Labs was acquired by Zynex in December 2021.

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