Drawbridge Health Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 5

Employees

  • 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

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 1455 Adams Drive
  • Suite 2010
  • Menlo Park, CA 94025
  • United States
Primary Industry
Diagnostic Equipment
Other Industries
Other Healthcare Services
Acquirer
Vertical(s)
Corporate Office
  • 1455 Adams Drive
  • Suite 2010
  • Menlo Park, CA 94025
  • United States

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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
To view Drawbridge Health’s complete valuation and funding history, request access »

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%
To view Drawbridge Health’s complete cap table history, request access »

Drawbridge Health Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a medical device designed for the collection, stabilization, and transport of whole blood samples. The comp
Diagnostic Equipment
Menlo Park, CA
5 As of 2021

Gland, Switzerland
 

Medford, MA
 
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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
You’re viewing 2 of 2 competitors. Get the full list »

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
To view Drawbridge Health’s complete patent history, request access »

Drawbridge Health Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 6 investors. Get the full list »

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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