Spire Health

San Francisco, United States Founded: 2014 • Age: 12 yrs Acquired By Wellinks
Wearable devices for continuous health monitoring are developed.

About Spire Health

Spire Health is a company based in San Francisco (United States) founded in 2014 by Ben Yule and Jonathan Palley was acquired by Wellinks in September 2024.. Spire Health has raised $48.09 million across 3 funding rounds from investors including Wellinks, Gilde Healthcare and Geoff Pardo. The company has 40 employees as of December 31, 2020. Spire Health offers products and services including RPM Service and Health Tags. Spire Health operates in a competitive market with competitors including iRhythm Tech, AliveCor, Endotronix, Biotricity and Edwards Lifesciences, among others.

  • Headquarter San Francisco, United States
  • Employees 40 as on 31 Dec, 2020
  • Founders Ben Yule, Jonathan Palley
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Spire, Inc.,
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $48.09 M (USD)

    in 3 rounds

  • Latest Funding Round
    $38 M (USD), Series B

    Jul 14, 2021

  • Investors
    Wellinks

    & 3 more

  • Employee Count
    40

    as on Dec 31, 2020

  • Acquired by
    Wellinks

    (Sep 30, 2024)

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Products & Services of Spire Health

Spire Health offers a comprehensive portfolio of products and services, including RPM Service and Health Tags. 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.

Primary

Service for monitoring chronic respiratory patients using sensor data.

Sensors that capture physiological data for health tracking.

People of Spire Health
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Richard Murray
Chief Medical Officer
People
Michael Doyle
CEO
People
Ari Khodaverdian
Territory Sales Manager
People
Eric B.
Director of Sales - Midwest

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Funding Insights of Spire Health

Spire Health has successfully raised a total of $48.09M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $38 million completed in July 2021. 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 3
  • Last Round Series B — $38.0M
  • First Round

    (22 Mar 2015)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Series B - Spire Health Valuation Gilde Healthcare
Apr, 2020 Amount Series A - Spire Health Valuation

investors

Mar, 2015 Amount Seed - Spire 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 Spire Health

Spire Health has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Wellinks, Gilde Healthcare and Geoff Pardo. 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
Angel
Investor Description Founded Year Domain Location
Private equity and venture captial firm focused on healthcare sectors
Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location

Geoff Pardo

Angel investor and partner at GGV Capital, focusing on tech startups
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 Spire 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 - Spire 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

Spire Health Comparisons

Employees
+
Add Comparison
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Competitors of Spire Health

Spire 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 iRhythm Tech, AliveCor, Endotronix, Biotricity and Edwards Lifesciences, 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
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided.
domain founded_year HQ Location
Cardiac monitoring devices and applications are provided for heart health.
domain founded_year HQ Location
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
domain founded_year HQ Location
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
domain founded_year HQ Location
Medical devices for structural heart disease are developed and provided.
domain founded_year HQ Location
Remote monitoring platform for tracking patient activity
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 Spire Health

Frequently Asked Questions about Spire Health

When was Spire Health founded?

Spire Health was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Spire Health located?

Spire Health is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Spire Health?

Jonathan Palley is the current CEO of Spire Health. They have also founded this company.

Is Spire Health a funded company?

Spire Health is a funded company, having raised a total of $48.09M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Mar 22, 2015.

How many employees does Spire Health have?

As of Dec 31, 2020, the latest employee count at Spire Health is 40.

What does Spire Health do?

Spire Health was founded in 2014 in San Francisco, United States, within the health technology sector. Wearable devices known as Spire Health Tags are developed and attached to clothing to track breathing rates, heart rate, sleep, stress, activity, calories, and steps. Insights and recommendations are delivered through an associated app or platform for users. Operations focus on continuous vital monitoring services.

Who are the top competitors of Spire Health?

Spire Health's top competitors include AliveCor, iRhythm Tech and Endotronix.

What products or services does Spire Health offer?

Spire Health offers RPM Service and Health Tags.

Who are Spire Health's investors?

Spire Health has 4 investors. Key investors include Wellinks, Gilde Healthcare, Geoff Pardo, and Y Combinator.

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