TearLab

San Diego, United States Founded: 2003 • Age: 23 yrs Acquired By Accelmed
Developer of diagnostic tests for detecting hyperosmolarity
Annual revenue $22.7M Latest available
Total funding - 7 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About TearLab

TearLab is a company based in San Diego (United States) founded in 2003 was acquired by Accelmed in May 2020. TearLab has completed 1 acquisition, including OcuHub. TearLab operates in a competitive market with competitors including Toku Eyes, Quantel Medical, Cassini, BioLight and Pr3vent, among others.

  • Headquarter San Diego, United States
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Tearlab Corp
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $22.66 M (USD)
    -9
    as on Dec 31, 2019
  • Net Profit
    -$5.42 M (USD)
    -141
    as on Dec 31, 2019
  • EBITDA
    $722 K (USD)
    -79
    as on Dec 31, 2019
  • Latest Funding Round
    $1.75 M (USD), Post-IPO

    Oct 08, 2015

  • Investors
    CRG

    & 1 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Accelmed

    (May 11, 2020)

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People of TearLab

Headcount 50-200
Employee Profiles 5
Board Members and Advisors 6
Employee Profiles
People
Michael Marquez
CFO
People
Benjamin Sullivan
Chief Scientific Officer
People
Michael Berg
VP, Regulatory
People
Nadeen Dagel
Quality Systems Manager

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Board Members and Advisors
people
Richard Lindstrom
Directors
people
Dylan Harmon
Director
people
Uri Geiger
Director
people
Dolev Rafaeli
Director

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Funding Insights of TearLab

Investors in TearLab

TearLab has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CRG and Accelmed.

All
Venture Fund
Investor Description Founded Year Domain Location
CRG is recognized as a premier healthcare investment partner.
Locked Locked Locked
-
Locked Locked Locked
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Investor details for TearLab

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by TearLab

TearLab has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OcuHub.

Investments
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Investment portfolio details for TearLab

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based health information platform for payers and doctors
Locked Locked 2014 Locked
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Complete acquisition details for TearLab

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - TearLab

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Detailed financials for TearLab

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  • Profit trends
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  • Financial ratios

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Tearlab Comparisons

TearLab Primary company
Description
Developer of diagnostic tests for detecting hyperosmolarity
Location
San Diego, United States
Founded Year
2003
Annual Revenue
$22.66 M (USD)
Net Profit
-$5.42 M (USD)
EBITDA
$722 K (USD)
Employees
Not available
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Peer comparison for TearLab

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of TearLab

TearLab 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 Toku Eyes, Quantel Medical, Cassini, BioLight and Pr3vent, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-powered retinal images are analyzed for early disease detection.
Locked Locked Locked
Ultrasound and laser devices for ophthalmology are manufactured and marketed.
Locked Locked Locked
Corneal diagnostic solutions for astigmatism and topography are offered.
Locked Locked Locked
Diagnostics and therapeutics for ophthalmology
Locked Locked Locked
AI-based platform for newborn ophthalmic condition screening is offered.
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Detailed competitors of TearLab

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  • Full company profiles
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Latest news on Tearlab

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Complete news archive for TearLab

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  • Source and publication date
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Frequently Asked Questions about TearLab

TearLab was founded in 2003 and raised its 1st funding round 6 years after it was founded.

TearLab is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Seph Jensen is the current CEO of TearLab.

Annual revenue of TearLab is $22.66M as on Dec 31, 2019.

TearLab develops diagnostics for hyperosmolarty. The company offers the TearLab Osmolarity Test for revealing tear film osmolarity (a sign of dry eye disease) by testing for disease markers in tears. The test is done using its proprietary TearLab point-of-care instrument.

TearLab's top competitors include Toku Eyes, BioLight and Pr3vent.

TearLab has made 1 acquisition, including OcuHub.

TearLab has 2 investors. Key investors include CRG, and Accelmed.

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