About Lifecare
Lifecare is a company based in Bergen (Norway) founded in 2006. It operates as a HealthTech. The company has 33 employees as of December 31, 2024. Lifecare has completed 1 acquisition, including RemovAid. Lifecare offers products and services including Sencell, Veterinary Solutions, and RemovAid. Lifecare operates in a competitive market with competitors including GlySens, EyeSense, Metronom Health, GluSense and Applied Biosensors, among others.
- Headquarter Bergen, Norway
- Employees 33 as on 31 Dec, 2024
- 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 Lifecare Asa
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Annual Revenue
$266.88 K (USD)-76.84as on Dec 31, 2024
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Net Profit
$-6.32 M (USD)-103.52as on Dec 31, 2024
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EBITDA
$-7.08 M (USD)-150.38as on Dec 31, 2024
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Latest Funding Round
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Investors
European Union
& 1 more
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Employee Count
33
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Lifecare
Lifecare is a publicly listed company on the OSL with ticker symbol LIFE in Norway, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Lifecare
Lifecare offers a comprehensive portfolio of products and services, including Sencell, Veterinary Solutions, and RemovAid. 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.
Miniaturized glucose sensor for continuous diabetes monitoring.
Glucose monitoring solutions developed for pets' health.
Innovative device aiding in medical sensor removal.
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Leadership Team
3 people
Research Team
1 people
Senior Team
1 people
Product Management Team
1 people
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Funding Insights of Lifecare
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(01 Aug 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Post-IPO - Lifecare | Valuation |
investors |
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| Oct, 2020 | Amount | Grant - Lifecare | Valuation |
investors |
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| Dec, 2016 | Amount | Grant - Lifecare | 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 Lifecare
Lifecare has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Lifecare
Lifecare has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RemovAid. 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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Medical devices for subdermal implant removal are developed.
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2012 |
| 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 - Lifecare
| 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 |
Lifecare Comparisons
Competitors of Lifecare
Lifecare 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 GlySens, EyeSense, Metronom Health, GluSense and Applied Biosensors, 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 |
Implantable Continuous glucose monitoring device
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| domain | founded_year | HQ Location |
Continuous glucose monitoring systems for diabetes management are developed.
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| domain | founded_year | HQ Location |
Continuous glucose monitoring systems for diabetes management are developed.
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| domain | founded_year | HQ Location |
Develops implantable sensors for monitoring glucose levels in type 1 diabetes patients.
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| domain | founded_year | HQ Location |
Wireless telemetry systems are developed for continuous multi-analyte monitoring.
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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 Lifecare
Frequently Asked Questions about Lifecare
When was Lifecare founded?
Lifecare was founded in 2006 and raised its 1st funding round 10 years after it was founded.
Where is Lifecare located?
Lifecare is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
How many employees does Lifecare have?
As of Dec 31, 2024, the latest employee count at Lifecare is 33.
What is the annual revenue of Lifecare?
Annual revenue of Lifecare is $266.88K as on Dec 31, 2024.
What does Lifecare do?
Lifecare is engaged in the development of miniaturized and implantable nanobiosensors for continuous monitoring of glucose and other biomarkers. The company primarily targets the healthcare sector, with a strong emphasis on diabetes management, aiming to support over 500 million individuals worldwide. Solutions like Sencell, a rice-grain-sized glucose sensor, are designed to improve the quality of life for diabetes patients and pets by offering long-term monitoring capabilities. Research and development activities are conducted across multiple European locations, ensuring innovation in medical nanotechnology.
Who are the top competitors of Lifecare?
Lifecare's top competitors include Metronom Health, GlySens and EyeSense.
What products or services does Lifecare offer?
Lifecare offers Sencell, Veterinary Solutions, and RemovAid.
Is Lifecare publicly traded?
Yes, Lifecare is publicly traded on OSL under the ticker symbol LIFE.
How many acquisitions has Lifecare made?
Lifecare has made 1 acquisition, including RemovAid.
Who are Lifecare's investors?
Lifecare has 2 investors. Key investors include European Union, and EIC Fund.
What is Lifecare's ticker symbol?
The ticker symbol of Lifecare is LIFE on OSL.