About Spect
Spect is a company based in San Francisco (United States) founded in 2017 by Rishab Gargeya and Theodore Leng. It operates as a HealthTech, and Product-as-a-Service. Spect has raised $1.68 million across 3 funding rounds from investors including MedTech Innovator and Y Combinator. Spect offers products and services including Spect Retinal Camera and Spect Telemedicine Platform. Spect operates in a competitive market with competitors including Smartlens, Okko Health, Myopia, Color Blind Check and Visual Acuity, among others.
- Headquarter San Francisco, United States
- Founders Rishab Gargeya, Theodore Leng
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Spect Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.68 M (USD)
in 3 rounds
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Latest Funding Round
$25 K (USD), Grant
Sep 26, 2018
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Investors
MedTech Innovator
& 1 more
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Employee Count
Employee Count
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Products & Services of Spect
Spect offers a comprehensive portfolio of products and services, including Spect Retinal Camera and Spect Telemedicine Platform. 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.
Portable camera used for retinal eye exams anywhere.
Platform for transferring and displaying retinal exam data.
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Funding Insights of Spect
Spect has successfully raised a total of $1.68M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $25 thousand completed in September 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 Funding
- Total Rounds 3
- Last Round Grant — $25,000
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First Round
First Round
(24 Aug 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Grant - Spect | Valuation |
investors |
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| Sep, 2017 | Amount | Seed - Spect | Valuation |
investors |
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| Aug, 2017 | Amount | Seed - Spect | Valuation | Y Combinator |
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| 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 Spect
Spect has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MedTech Innovator and Y Combinator. 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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Acceleration of medical device, digital health, and diagnostic companies is facilitated worldwide.
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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 |
| 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 Spect
| 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 - Spect
| 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 |
Spect Comparisons
Competitors of Spect
Spect 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 Smartlens, Okko Health, Myopia, Color Blind Check and Visual Acuity, 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 |
Non-invasive devices for eye pressure measurement are provided by Smartlens.
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| domain | founded_year | HQ Location |
Eye health is monitored at home using a specialized app.
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| domain | founded_year | HQ Location |
Myopia prevention app monitors family screen habits and distances.
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| domain | founded_year | HQ Location |
Offers a mobile app to check for color blindness.
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| domain | founded_year | HQ Location |
Delivers software solutions for visual care and diagnostics.
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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 Spect
Frequently Asked Questions about Spect
When was Spect founded?
Spect was founded in 2017.
Where is Spect located?
Spect is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Spect?
Rishab Gargeya is the current CEO of Spect. They have also founded this company.
Is Spect a funded company?
Spect is a funded company, having raised a total of $1.68M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Aug 24, 2017.
What does Spect do?
Spect is engaged in providing innovative solutions to prevent blindness by enabling early detection of eye diseases. The company offers a portable retinal camera and a telemedicine platform to conduct retinal exams anywhere, addressing critical healthcare gaps. Services are deployed across various sectors including primary care, community health centers, and at-home care in the United States. Their solutions facilitate quick exams, seamless integration into clinical workflows, and ensure data privacy with compliance to FDA, SOC 2, and HIPAA standards.
Who are the top competitors of Spect?
Spect's top competitors include Okko Health, Myopia and Smartlens.
What products or services does Spect offer?
Spect offers Spect Retinal Camera and Spect Telemedicine Platform.
Who are Spect's investors?
Spect has 2 investors. Key investors include MedTech Innovator, and Y Combinator.
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