Spencer Health Solutions Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 78

Employees

  • Latest Deal Type
  • Later Stage VC
  • (In Progress)

  • Latest Deal Amount
  • $20M

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

Website
www.spencerhealthsolutions.com
Formerly Known As
HAP Innovations
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Primary Industry
Other Healthcare Technology Systems
Other Industries
Other Healthcare Services
Primary Office
  • 2501 Aerial Center Parkway
  • Suite 100
  • Morrisville, NC 27560
  • United States
+1 (866) 000-0000

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Spencer Health Solutions Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 29-Aug-2023 $20M 000.00 In Progress Generating Revenue
5. Later Stage VC (Series D) 30-Aug-2023 0000 000.00 00000 Completed Generating Revenue
4. Later Stage VC (Series C) 22-Dec-2021 000.00 000.00 Completed Generating Revenue
3. Merger/Acquisition 00.000 Completed Generating Revenue
2. Early Stage VC (Series B) 01-Jun-2019 $4.79M $5.49M 0000 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 00,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series D-1 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series C-2 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series C-1 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
NV Series B 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
V Series B 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
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 Healthcare Technology Systems
Morrisville, NC
78 As of 2023
000.00
0000000000 0 000.00

0000 0

n reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
00000 000 00000000 0
Wichita, KS
0 As of 0000
000000000000

0000 (

em ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor inci
00000 0000000000 000
New York, NY
000 As of 0000
0000
0000 0000-00-00
0000000000 0 0000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Spencer Health Solutions Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Home Buddy Private Equity-Backed Wichita, KS 0 000000000000
0000 (0000000000 0 Venture Capital-Backed New York, NY 000 0000 0000000000 0 0000
You’re viewing 2 of 2 competitors. Get the full list »

Spencer Health Solutions Patents

  • 20

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 3

    Granted

  • 1

    Pending

  • 000

    Expiring in next 12 mo

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 000000000
CA-3031195-A1 System and method for loading a dispensing cassette useful in a system for dispensing pre-packaged pharmaceuticals Active 06-Jul-2016 00000000000
EP-3481362-A1 System and method for loading a dispensing cassette useful in a system for dispensing pre-packaged pharmaceuticals Active 06-Jul-2016 00000000000
EP-3481362-A4 System and method for loading a dispensing cassette useful in a system for dispensing pre-packaged pharmaceuticals Active 06-Jul-2016 00000000000 0
US-10176663-B2 System and method for loading a dispensing cassette useful in a system for dispensing pre-packaged pharmaceuticals Active 06-Jul-2016 G07F17/0092
To view Spencer Health Solutions’s complete patent history, request access »

Spencer Health Solutions Executive Team (4)

Name Title Board Seat Contact Info
Thomas Rhoads Jr. Founder, Chief Executive Officer & Board Member
Alan Menius Chief Scientific Officer
You’re viewing 2 of 4 executive team members. Get the full list »

Spencer Health Solutions Board Members (5)

Name Representing Role Since
Christopher Martin Research Corporation Technologies Board Member 000 0000
Edwin Scheetz Aphelion Capital Board Member 000 0000
Gregg Goldenberg Self Board Member 000 0000
Mark Gilreath Self Chairman 000 0000
Thomas Rhoads Jr. Spencer Health Solutions Founder, Chief Executive Officer & Board Member 000 0000
To view Spencer Health Solutions’s complete board members history, request access »

Spencer Health Solutions Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Spencer Health Solutions Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Aphelion Capital Venture Capital Minority 000 0000 000000 0
California Technology Ventures Venture Capital Minority 000 0000 000000 0
Research Corporation Technologies Venture Capital Minority 000 0000 000000 0
To view Spencer Health Solutions’s complete investors history, request access »

Ready to get started?

Request a free trial