Spencer Health Solutions Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 78

Employees

  • Latest Deal Type
  • Debt

  • Latest Deal Amount
  • $5.14M

Spencer Health Solutions General Information

Description

Developer of an advanced in-home medication dispenser intended to make it easier for people to live healthy and independent lives. The company's dispenser integrates pill dispensing, data analytics, and telehealth technology by presenting health insights in real-time and offering engaging reminders and simple dispensing, enabling aged and chronically ill individuals to self-manage their medications and research teams to simplify clinical trials.

Contact Information

Formerly Known As
HAP Innovations
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2501 Aerial Center Parkway
  • Suite 100
  • Morrisville, NC 27560
  • United States
+1 (866)
Primary Industry
Other Devices and Supplies
Other Industries
Other Healthcare Technology Systems
Vertical(s)
Corporate Office
  • 2501 Aerial Center Parkway
  • Suite 100
  • Morrisville, NC 27560
  • United States
+1 (866)

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Spencer Health Solutions Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Debt - General 11-Oct-2024 $5.14M Completed Generating Revenue
5. Later Stage VC (Series D) 30-Aug-2023 Completed Generating Revenue
4. Later Stage VC (Series C) 22-Dec-2021 Completed Generating Revenue
3. Merger/Acquisition Completed Generating Revenue
2. Early Stage VC (Series B) 01-Jun-2019 $4.79M $5.49M Completed Generating Revenue
1. Early Stage VC 04-Oct-2017 $700K $700K Completed Generating Revenue
To view Spencer Health Solutions’s complete valuation and funding history, request access »

Spencer Health Solutions Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D-2
Series D-1
Series C-2
Series C-1
NV Series B
V Series B
NV Series A 4,693,772 $0.000100 8% $0.98 $0.98 1x $0.98 5.29%
NV Seed 1,190,952 $0.000100 $1.68 $1.68 1x $1.68 1.34%
To view Spencer Health Solutions’s complete cap table history, request access »

Spencer Health Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an advanced in-home medication dispenser intended to make it easier for people to live healthy and independ
Other Devices and Supplies
Morrisville, NC
78 As of 2024

New York, NY
 

Norwood, MA
 
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Spencer Health Solutions Competitors (3)

One of Spencer Health Solutions’s 3 competitors is Hero (Healthcare Technology Systems), a Venture Capital-Backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hero (Healthcare Technology Systems) Venture Capital-Backed New York, NY
MedMinder Venture Capital-Backed Norwood, MA
Medical Guardian Private Equity-Backed Philadelphia, PA
You’re viewing 3 of 3 competitors. Get the full list »

Spencer Health Solutions Patents

Spencer Health Solutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230368872-A1 Alert decision support system based on patient quality of life survey information and related methods and computer program products Pending 16-May-2022
US-20180086547-A1 System and method for reliably dispensing pre-packaged pharmaceuticals Inactive 23-Sep-2016
US-20220219882-A1 System and method for reliably dispensing pre-packaged pharmaceuticals Inactive 23-Sep-2016
CA-3031195-A1 System and method for loading a dispensing cassette useful in a system for dispensing pre-packaged pharmaceuticals Active 06-Jul-2016
CA-3031195-C System and method for loading a dispensing cassette useful in a system for dispensing pre-packaged pharmaceuticals Active 06-Jul-2016 A61J1/00
To view Spencer Health Solutions’s complete patent history, request access »

Spencer Health Solutions Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Spencer Health Solutions Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Aphelion Capital Venture Capital Minority
California Technology Ventures Venture Capital Minority
Research Corporation Technologies Venture Capital Minority
To view Spencer Health Solutions’s complete investors history, request access »

Spencer Health Solutions FAQs

  • When was Spencer Health Solutions founded?

    Spencer Health Solutions was founded in 2015.

  • Where is Spencer Health Solutions headquartered?

    Spencer Health Solutions is headquartered in Morrisville, NC.

  • What is the size of Spencer Health Solutions?

    Spencer Health Solutions has 78 total employees.

  • What industry is Spencer Health Solutions in?

    Spencer Health Solutions’s primary industry is Other Devices and Supplies.

  • Is Spencer Health Solutions a private or public company?

    Spencer Health Solutions is a Private company.

  • What is Spencer Health Solutions’s current revenue?

    The current revenue for Spencer Health Solutions is .

  • How much funding has Spencer Health Solutions raised over time?

    Spencer Health Solutions has raised $65M.

  • Who are Spencer Health Solutions’s investors?

    Aphelion Capital, California Technology Ventures, and Research Corporation Technologies have invested in Spencer Health Solutions.

  • Who are Spencer Health Solutions’s competitors?

    Hero (Healthcare Technology Systems), MedMinder, and Medical Guardian are competitors of Spencer Health Solutions.

  • When was Spencer Health Solutions acquired?

    Spencer Health Solutions was acquired on 11-Oct-2024.

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