LogicMark

Louisville, United States Founded: 2006 • Age: 20 yrs Acquired By NXT-ID
Emergency response systems are provided for senior citizens.
Annual revenue $9.9M Latest available
Total funding - Funding intelligence
Employees 35 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About LogicMark

LogicMark is a company based in Louisville (United States) founded in 2006 was acquired by NXT-ID in May 2016. The company has 35 employees as of December 31, 2024. LogicMark offers products and services including Freedom Alert Max, Freedom Alert Mini, Guardian Alert 911, and Aster Safety App. LogicMark operates in a competitive market with competitors including Ekso Bionics, SafelyYou, Nobi, Flosonics Medical and Connect America, among others.

  • Headquarter Louisville, United States
  • Employees 35 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Logicmark, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $9.9 M (USD)
    -0.28
    as on Dec 31, 2024
  • Net Profit
    -$9 M (USD)
    38.12
    as on Dec 31, 2024
  • EBITDA
    -$5.74 M (USD)
    10.56
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    NXT-ID

    & 2 more

  • Employee Count
    35

    as on Dec 31, 2024

  • Acquired by
    NXT-ID

    & 1 more

    (May 18, 2016)

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IPO & Listings of LogicMark

LogicMark is a publicly listed company on the OTC with ticker symbol LGMK in USA, operating in the Electronic 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.

Exchange: OTC · Ticker: LGMK · Sector: Electronic technology · USA

Products & Services of LogicMark

LogicMark offers a comprehensive portfolio of products and services, including Freedom Alert Max, Freedom Alert Mini, Guardian Alert 911, and Aster Safety App.

Product name locked
Category locked
Primary

Wearable device for emergency calls and as a cell phone.

Product name locked
Category locked
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Compact option for on-the-go safety assistance.

Product name locked
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Home-based device for immediate emergency support.

Product name locked
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App for smartphone-based emergency notifications.

People of LogicMark

Headcount 10-50
Employee Profiles 12
Board Members and Advisors 10
Employee Profiles
People
David Tunnell
Executive Vice President & CTO

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Funding Insights of LogicMark

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Detailed funding history for LogicMark

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Investors in LogicMark

LogicMark has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include NXT-ID, Generation 3 Capital and Promus Equity.

All
Venture Fund
Investor Description Founded Year Domain Location
Acquisitions are targeted by Promus Equity, a private equity firm.
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Advanced biometric security solutions are developed for mobile verification.
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A private equity firm based in Chicago is operated.
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Investor details for LogicMark

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Investments & Acquisitions by LogicMark

Investments
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Investment portfolio details for LogicMark

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Financial Statements - LogicMark

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Detailed financials for LogicMark

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Logicmark Comparisons

LogicMark Primary company
Description
Emergency response systems are provided for senior citizens.
Location
Louisville, United States
Founded Year
2006
Annual Revenue
$9.9 M (USD)
Net Profit
-$9 M (USD)
EBITDA
-$5.74 M (USD)
Employees
35
As of 2024
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Peer comparison for LogicMark

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Competitors of LogicMark

LogicMark 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 Ekso Bionics, SafelyYou, Nobi, Flosonics Medical and Connect America, among others.

Company Name Domain Founded year HQ Location Description
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Exoskeletons for medical rehabilitation and industrial productivity are provided.
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AI-based fall detection and prevention technology is provided for clinics.
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Smart lamp for elderly fall detection is provided.
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Developer of non-invasive hemodynamic monitoring devices
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Provider of emergency monitoring services to older adults with medical conditions
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Assistive aids for elderly are provided via non-wearable sensors.
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Detailed competitors of LogicMark

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Latest news on Logicmark

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Complete news archive for LogicMark

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Frequently Asked Questions about LogicMark

LogicMark was founded in 2006.

LogicMark is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.

As of Dec 31, 2024, the latest employee count at LogicMark is 35.

Annual revenue of LogicMark is $9.9M as on Dec 31, 2024.

LogicMark was founded in 2006 and is headquartered in Louisville, United States. Operations focus on the healthcare technology sector, where emergency response systems for senior citizens are developed. Key products include LifeSentry, a two-way voice medical alert system designed for summoning assistance via a button, and FreedomAlert, a programmable pendant that facilitates communication with contacts through voice interaction. Services emphasize reliable personal safety solutions.

LogicMark's top competitors include Ekso Bionics, SafelyYou and Nobi.

LogicMark offers Freedom Alert Max, Freedom Alert Mini, Guardian Alert 911, and Aster Safety App.

Yes, LogicMark is publicly traded on OTC under the ticker symbol LGMK.

LogicMark has 3 investors. Key investors include NXT-ID, Generation 3 Capital, and Promus Equity.

The ticker symbol of LogicMark is LGMK on OTC.

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