Drawbridge Health Overview
- Year Founded
-
2015
- Status
-
Acquired/Merged
- Employees
-
5
- Latest Deal Type
-
M&A
Drawbridge Health General Information
Description
Developer of a medical device designed for the collection, stabilization, and transport of whole blood samples. The company's device attaches to the upper arm with hydrogel adhesive and vacuum where the sample is taken with the push of a button and blood is stabilized within a removable cartridge which is then is placed in transport sleeve and mailed to the lab for HbA1c testing, enabling users to comfortably and conveniently collect blood samples anytime and anywhere.
Contact Information
Website
www.drawbridgehealth.comCorporate Office
- 1455 Adams Drive
- Suite 2010
- Menlo Park, CA 94025
- United States
Corporate Office
- 1455 Adams Drive
- Suite 2010
- Menlo Park, CA 94025
- United States
Drawbridge Health Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 25-May-2021 | Completed | Profitable | |||
| 5. Secondary Transaction - Private | Completed | Startup | ||||
| 4. Later Stage VC (Series C) | 26-Oct-2020 | Completed | Startup | |||
| 3. Early Stage VC (Series B) | Completed | Startup | ||||
| 2. Early Stage VC (Series B) | 24-Jul-2019 | $9M | $9M | Completed | Startup | |
| 1. Joint Venture | 01-Jan-2015 | Completed | Startup |
Drawbridge Health Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series R | ||||||||
| Series B | 13,533,082 | $0.000100 | $0.14 | $1.75 | $1.75 | 1x | $1.75 | 34.83% |
| Series A | 10,000,000 | $0.000100 | $0.08 | $1 | $1 | 1x | $1 | 21.64% |
Drawbridge Health Comparisons
Industry
Financing
Details
Drawbridge Health Competitors (2)
One of Drawbridge Health’s 2 competitors is HemaXis, a Venture Capital-Backed company based in Gland, Switzerland.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| HemaXis | Venture Capital-Backed | Gland, Switzerland | ||||
| YourBio Health | Formerly VC-backed | Medford, MA |
Drawbridge Health Patents
Drawbridge Health Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4405655-A2 | Systems and methods for sample collection | Inactive | 23-Sep-2021 | ||
| EP-4405655-A4 | Systems and methods for sample collection | Inactive | 23-Sep-2021 | ||
| US-20250082237-A1 | Systems and methods for sample collection | Pending | 23-Sep-2021 | ||
| WO-2023049404-A2 | Systems and methods for sample collection | Inactive | 23-Sep-2021 | ||
| WO-2023049404-A3 | Systems and methods for sample collection | Inactive | 23-Sep-2021 | A61B5/150343 |
Drawbridge Health Signals
Drawbridge Health Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| GE HealthCare Technologies | Corporation | Majority | ||
| General Electric Ventures | Corporate Venture Capital | Majority | ||
| Kyoto University Innovation Capital | Venture Capital | Minority | ||
| Mitsubishi UFJ Capital | Venture Capital | Minority | ||
| Sumitomo Pharma | Corporation | Minority |
Drawbridge Health FAQs
-
When was Drawbridge Health founded?
Drawbridge Health was founded in 2015.
-
Where is Drawbridge Health headquartered?
Drawbridge Health is headquartered in Menlo Park, CA.
-
What is the size of Drawbridge Health?
Drawbridge Health has 5 total employees.
-
What industry is Drawbridge Health in?
Drawbridge Health’s primary industry is Diagnostic Equipment.
-
Is Drawbridge Health a private or public company?
Drawbridge Health is a Private company.
-
What is Drawbridge Health’s current revenue?
The current revenue for Drawbridge Health is .
-
How much funding has Drawbridge Health raised over time?
Drawbridge Health has raised $54M.
-
Who are Drawbridge Health’s investors?
GE HealthCare Technologies, General Electric Ventures, Kyoto University Innovation Capital, Mitsubishi UFJ Capital, and Sumitomo Pharma are 5 of 6 investors who have invested in Drawbridge Health.
-
Who are Drawbridge Health’s competitors?
HemaXis and YourBio Health are competitors of Drawbridge Health.
-
When was Drawbridge Health acquired?
Drawbridge Health was acquired on 25-May-2021.
-
Who acquired Drawbridge Health?
Drawbridge Health was acquired by Thorne Research.
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