About LifeScan
LifeScan is a company based in Chesterbrook (United States) founded in 1996 was acquired by Platinum Equity in March 2018.. The company has 35 employees as of March 21, 2024. LifeScan operates in a competitive market with competitors including Dexcom, Livongo, Bigfoot Biomedical, One Drop and mySugr, among others.
- Headquarter Chesterbrook, United States
- Employees 35 as on 21 Mar, 2024
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lifescan Medical Devices India Private Limited
- Date of Incorporation 01 Oct, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$33.81 M (USD)330.47as on Mar 31, 2021
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Net Profit
$737.48 K (USD)159.18as on Mar 31, 2021
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EBITDA
$2.99 M (USD)313.74as on Mar 31, 2021
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Latest Funding Round
- Investors
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Employee Count
35
as on Mar 21, 2024
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Acquired by
Platinum Equity
(Mar 01, 2018)
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Software Development Team
37 people
Finance and Accounting
14 people
Operations Team
10 people
Sales and Marketing
7 people
Leadership Team
6 people
Global Team
3 people
Human Resources and Administration
2 people
Product Management Team
2 people
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Funding Insights of LifeScan
| 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 LifeScan
LifeScan has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Platinum Equity. 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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Platinum Equity is engaged in private equity and credit investments.
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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 LifeScan
| 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 |
Financial Statements - LifeScan
| 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 |
Lifescan Comparisons
Competitors of LifeScan
LifeScan 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 Dexcom, Livongo, Bigfoot Biomedical, One Drop and mySugr, 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 |
Wearable glucose monitoring patches are provided for real-time data tracking.
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| domain | founded_year | HQ Location |
Provider of smart devices for diabetes management for patients and doctors
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| domain | founded_year | HQ Location |
Developer of a closed-loop automated insulin delivery system
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| domain | founded_year | HQ Location |
Provider of workforce healthcare solutions
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| domain | founded_year | HQ Location |
Gamified apps for diabetes management and therapy are provided.
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| domain | founded_year | HQ Location |
Implantable continuous glucose monitoring systems are provided for diabetes management.
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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 Lifescan
Frequently Asked Questions about LifeScan
When was LifeScan founded?
LifeScan was founded in 1996.
Where is LifeScan located?
LifeScan is headquartered in Chesterbrook, United States. It is registered at Chesterbrook, Pennsylvania, United States.
How many employees does LifeScan have?
As of Mar 21, 2024, the latest employee count at LifeScan is 35.
What is the annual revenue of LifeScan?
Annual revenue of LifeScan is $33.81M as on Mar 31, 2021.
What does LifeScan do?
LifeScan was established in 1996 as a Johnson Johnson company and is headquartered in Chesterbrook, United States. Blood glucose monitoring systems, including the OneTouch Ultra family, are produced and distributed for home and hospital applications in the medical devices sector. Animas Corporation was acquired in 2006 and operates under LifeScan, where insulin pumps and test strips are developed for diabetes care.
Who are the top competitors of LifeScan?
LifeScan's top competitors include Dexcom, Senseonics and Bigfoot Biomedical.
Who are LifeScan's investors?
LifeScan has 1 investor. Key investors include Platinum Equity.