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
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Logicmark, Inc.
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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.
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. 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.
Wearable device for emergency calls and as a cell phone.
Compact option for on-the-go safety assistance.
Home-based device for immediate emergency support.
App for smartphone-based emergency notifications.
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Funding Insights of LogicMark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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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. 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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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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by LogicMark
| 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 - LogicMark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Logicmark Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
Exoskeletons for medical rehabilitation and industrial productivity are provided.
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| domain | founded_year | HQ Location |
AI-based fall detection and prevention technology is provided for clinics.
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| domain | founded_year | HQ Location |
Smart lamp for elderly fall detection is provided.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Assistive aids for elderly are provided via non-wearable sensors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Logicmark
Frequently Asked Questions about LogicMark
When was LogicMark founded?
LogicMark was founded in 2006.
Where is LogicMark located?
LogicMark is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
How many employees does LogicMark have?
As of Dec 31, 2024, the latest employee count at LogicMark is 35.
What is the annual revenue of LogicMark?
Annual revenue of LogicMark is $9.9M as on Dec 31, 2024.
What does LogicMark do?
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.
Who are the top competitors of LogicMark?
LogicMark's top competitors include Ekso Bionics, SafelyYou and Nobi.
What products or services does LogicMark offer?
LogicMark offers Freedom Alert Max, Freedom Alert Mini, Guardian Alert 911, and Aster Safety App.
Is LogicMark publicly traded?
Yes, LogicMark is publicly traded on OTC under the ticker symbol LGMK.
Who are LogicMark's investors?
LogicMark has 3 investors. Key investors include NXT-ID, Generation 3 Capital, and Promus Equity.
What is LogicMark's ticker symbol?
The ticker symbol of LogicMark is LGMK on OTC.
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