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
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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
*********
- Legal Name Tearlab Corp
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Annual Revenue
$22.66 M-9as on Dec 31, 2019
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Net Profit
$-5.42 M-141as on Dec 31, 2019
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EBITDA
$722 K-79as on Dec 31, 2019
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Latest Funding Round
$1.75 M (USD), Post-IPO
Oct 08, 2015
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Investors
CRG
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Accelmed
(May 11, 2020)
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Funding Insights of TearLab
- Total Funding Total Funding
- Total Rounds 7
- Last Round Post-IPO — $1.8M
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First Round
First Round
(10 Sep 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Post-IPO - TearLab | Valuation |
investors |
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| Mar, 2015 | Amount | Debt – Conventional - TearLab | Valuation |
investors |
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| Jul, 2011 | Amount | Post-IPO - TearLab | Valuation |
investors |
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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 TearLab
TearLab has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CRG and Accelmed. 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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CRG is recognized as a premier healthcare investment partner.
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Founded Year | Domain | Location | |
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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 TearLab
TearLab has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OcuHub. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based health information platform for payers and doctors
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TearLab
| 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 |
Tearlab Comparisons
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. 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 |
AI-powered retinal images are analyzed for early disease detection.
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| domain | founded_year | HQ Location |
Ultrasound and laser devices for ophthalmology are manufactured and marketed.
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| domain | founded_year | HQ Location |
Corneal diagnostic solutions for astigmatism and topography are offered.
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| domain | founded_year | HQ Location |
Diagnostics and therapeutics for ophthalmology
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| domain | founded_year | HQ Location |
AI-based platform for newborn ophthalmic condition screening is offered.
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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 Tearlab
Frequently Asked Questions about TearLab
When was TearLab founded?
TearLab was founded in 2003 and raised its 1st funding round 6 years after it was founded.
Where is TearLab located?
TearLab is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of TearLab?
Seph Jensen is the current CEO of TearLab.
What is the annual revenue of TearLab?
Annual revenue of TearLab is $22.66M as on Dec 31, 2019.
What does TearLab do?
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.
Who are the top competitors of TearLab?
How many acquisitions has TearLab made?
TearLab has made 1 acquisition, including OcuHub.
Who are TearLab's investors?
TearLab has 2 investors. Key investors include CRG, and Accelmed.