Sparo Health

St. Louis, United States Founded: 2012 • Age: 14 yrs Acquired By Wellinks
App and smart spirometer for detecting lung health

About Sparo Health

Sparo Health is a company based in St. Louis (United States) founded in 2012 by Abigail Cohen and Andrew Brimer was acquired by Wellinks in June 2022.. Sparo Health has raised $6.17 million across 10 funding rounds from investors including Wellinks, Arch Grants and Missouri Technology. Sparo Health offers products and services including Toto4D, Toto3D, Toto2D, Colok Bebas, and Colok Macau. Sparo Health operates in a competitive market with competitors including NuvoAir, FindAir, Propeller Health, Strados Labs and TidalSense, among others.

  • Headquarter St. Louis, United States
  • Founders Abigail Cohen, Andrew Brimer
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.17 M (USD)

    in 10 rounds

  • Latest Funding Round
    $1.86 M (USD), Seed

    Jun 28, 2018

  • Investors
    Wellinks

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Wellinks

    (Jun 03, 2022)

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Products & Services of Sparo Health

Sparo Health offers a comprehensive portfolio of products and services, including Toto4D, Toto3D, Toto2D, Colok Bebas, and Colok Macau. 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.

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People of Sparo Health
Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Matt Conklin
VP Of Lift Sales And Business Development
People
Abby Cohen
Co-Founder
People
Matt Wahlig
Software Engineer

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Funding Insights of Sparo Health

Sparo Health has successfully raised a total of $6.17M across 10 strategic funding rounds. The most recent funding activity was a Seed round of $1.86 million completed in June 2018. 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 Rounds 10
  • Last Round Seed — $1.9M
  • First Round

    (01 Jun 2013)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Seed - Sparo Health Valuation

investors

Aug, 2017 Amount Seed - Sparo Health Valuation

investors

Aug, 2017 Amount Seed - Sparo Health Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sparo Health

Sparo Health has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Wellinks, Arch Grants and Missouri Technology. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Tech companies focused VC firm operating across Missouri
Founded Year Domain Location
A 12-month accelerator program is offered to tech startups.
Founded Year Domain Location
Connected wearable devices for COPD patient monitoring are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sparo Health

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sparo Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sparo Health Comparisons

Employees
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Competitors of Sparo Health

Sparo 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 NuvoAir, FindAir, Propeller Health, Strados Labs and TidalSense, 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
Clinical decision support tools for respiratory diseases are provided.
domain founded_year HQ Location
AI based smart inhaler for asthma monitoring for patients
domain founded_year HQ Location
Mobile platform and a sensor for respiratory health management
domain founded_year HQ Location
Provider of a wearable device for breathing monitoring
domain founded_year HQ Location
Respiratory conditions are detected by an AI-based device.
domain founded_year HQ Location
Wearable devices are provided to monitor respiratory conditions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sparo Health

Frequently Asked Questions about Sparo Health

When was Sparo Health founded?

Sparo Health was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Sparo Health located?

Sparo Health is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.

Who is the current CEO of Sparo Health?

Abigail Cohen is the current CEO of Sparo Health. They have also founded this company.

Is Sparo Health a funded company?

Sparo Health is a funded company, having raised a total of $6.17M across 10 funding rounds to date. The company's 1st funding round was a Seed of $265.92K, raised on Jun 01, 2013.

What does Sparo Health do?

Sparo has developed an app and smart spirometer for detecting lung health. The smart portable spirometer called Wing is used to measure the lung health (FEV1 and Peak Flow) and is connected to the app which alerts the user in case of respiratory disorders. The data can be stored in the cloud and shared with care team for medication advice, emergency, or rehabilitation.

Who are the top competitors of Sparo Health?

Sparo Health's top competitors include Propeller Health, Strados Labs and Aevice Health.

What products or services does Sparo Health offer?

Sparo Health offers Toto4D, Toto3D, Toto2D, Colok Bebas, and Colok Macau.

Who are Sparo Health's investors?

Sparo Health has 3 investors. Key investors include Wellinks, Arch Grants, and Missouri Technology.

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