About Scanwell Health
Scanwell Health is a company based in Anaheim (United States) founded in 2018 was acquired by Becton Dickinson in December 2021.. Scanwell Health has raised $3.65 million across 3 funding rounds from investors including NIH, BD and Liquid 2 Ventures. Scanwell Health operates in a competitive market with competitors including LetsGetChecked, Everlywell, Reperio, Best Heart Test and SiPhox Health, among others.
- Headquarter Anaheim, United States
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.65 M (USD)
in 3 rounds
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Latest Funding Round
$1.6 M (USD), Grant
Sep 21, 2020
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Investors
NIH
& 7 more
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Employee Count
Employee Count
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Acquired by
Becton Dickinson
(Dec 21, 2021)
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Software Development Team
289 people
Leadership Team
174 people
Sales and Marketing
153 people
Product Management Team
47 people
Senior Team
43 people
Operations Team
22 people
Human Resources and Administration
16 people
Sr. Team
15 people
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Funding Insights of Scanwell Health
Scanwell Health has successfully raised a total of $3.65M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $1.6 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $1.6M
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First Round
First Round
(01 Jun 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Grant - Scanwell Health | Valuation |
investors |
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| Nov, 2019 | Amount | Seed - Scanwell Health | Valuation | Liquid 2 Ventures , Version One Ventures | |
| Jun, 2018 | Amount | Seed - Scanwell Health | 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 Scanwell Health
Scanwell Health has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH, BD and Liquid 2 Ventures. 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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Venture capital fund focused on seed-stage investment in multiple sectors
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Early-stage investments are provided to mission-driven technology founders.
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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 Scanwell Health
| 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 - Scanwell Health
| 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 |
Scanwell Health Comparisons
Competitors of Scanwell Health
Scanwell Health 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 LetsGetChecked, Everlywell, Reperio, Best Heart Test and SiPhox Health, 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 |
Online platform to order at home diagnostic tests for all health conditions
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| domain | founded_year | HQ Location |
At-home health tests for biomarkers, nutrition, and hormone analysis.
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| domain | founded_year | HQ Location |
Limited information available
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| domain | founded_year | HQ Location |
Provider of an at-home panel for heart and metabolic health markers
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| domain | founded_year | HQ Location |
At-home blood testing kits for biomarker panels are offered.
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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 Scanwell Health
Frequently Asked Questions about Scanwell Health
When was Scanwell Health founded?
Scanwell Health was founded in 2018.
Where is Scanwell Health located?
Scanwell Health is headquartered in Anaheim, United States. It is registered at Anaheim, California, United States.
Is Scanwell Health a funded company?
Scanwell Health is a funded company, having raised a total of $3.65M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jun 01, 2018.
What does Scanwell Health do?
Scanwell Health was founded in 2018 in Anaheim, United States, within the health technology sector. An app is offered for home-based urine analysis using diagnostic kits. Test strips are photographed by users to enable result interpretation. Analyzed data is shared with healthcare providers, and treatment recommendations or prescriptions are generated from the findings. Operations focus on accessible remote diagnostics.
Who are the top competitors of Scanwell Health?
Scanwell Health's top competitors include LetsGetChecked, Reperio and Everly Health.
Who are Scanwell Health's investors?
Scanwell Health has 8 investors. Key investors include NIH, BD, Liquid 2 Ventures, Y Combinator, and Version One Ventures.