About Spot
Spot is a company based in Cincinnati (United States) founded in 2020 by Andrew Jajack. It operates as a HealthTech, and Product-as-a-Service. Spot has raised $125 thousand across 1 funding round from investors including Y Combinator. Spot offers products and services including At-Home Lab Testing. Spot operates in a competitive market with competitors including Landmark Health, Jet Health, EmVenio Research, Executive Home Care and Physician Housecalls, among others.
- Headquarter Cincinnati, United States
- Founders Andrew Jajack
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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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- Legal Name Spot Health
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Spot
Spot offers a comprehensive portfolio of products and services, including At-Home Lab Testing. 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.
At-home sample collection for lab-analyzed health tests.
Funding Insights of Spot
Spot has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2022. 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 1
- Last Round Seed — $125,000
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First Round
First Round
(01 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - Spot | 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 Spot
Spot has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 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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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 Spot
| 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 - Spot
| 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 |
Spot Comparisons
Competitors of Spot
Spot 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 Landmark Health, Jet Health, EmVenio Research, Executive Home Care and Physician Housecalls, 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 |
A medical group that delivers house calls and team-based interdisciplinary care to chronically ill population.
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| domain | founded_year | HQ Location |
House call medical services are provided to patients at home.
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| domain | founded_year | HQ Location |
Clinical trials support, patient engagement, and research services are provided.
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| domain | founded_year | HQ Location |
Senior living communities and house call services are operated.
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| domain | founded_year | HQ Location |
Provider of home-based primary care and palliative care services. It offers primary care medicine to homebound geriatric or chronically ill patients. Physicians, nurse practitioners, and physician assistants visit patients as often as needed in various settings, including private homes and assisted living facilities. The company also provides palliative and hospice care, focusing on compassionate end-of-life support. Services are tailored to individual patient needs.
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| domain | founded_year | HQ Location |
Provider of house call healthcare services
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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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Frequently Asked Questions about Spot
When was Spot founded?
Spot was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Spot located?
Spot is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of Spot?
Andrew Jajack is the current CEO of Spot. They have also founded this company.
Is Spot a funded company?
Spot is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.
What does Spot do?
At-home lab testing services are offered by Spot, focusing on diagnostics through blood, urine, and saliva tests with convenient sample collection from home. Solutions are integrated for health brands to launch testing operations quickly with HIPAA compliance and end-to-end logistics. Sectors served include remote care and personalized health products, enhancing patient experience by monitoring chronic conditions and screening for various health issues without in-person lab visits.
Who are the top competitors of Spot?
Spot's top competitors include Landmark Health, EmVenio Research and Jet Health.
What products or services does Spot offer?
Spot offers At-Home Lab Testing.
Who are Spot's investors?
Spot has 1 investor. Key investors include Y Combinator.
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