ObservSMART Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 19

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $4.17M

  • Investors
  • 3

ObservSMART General Information

Description

Developer of a proximity-based monitoring system designed to improve the efficiency of patient safety checks. The company offers proprietary software and patented highly tamper-resistant wristbands to certify compliance and document patient location and behaviors to meet the demanding requirements of complex workflows and critical communication needs, enabling healthcare organizations to ensure observation compliance and mitigate the severe risks and costs associated with missed and falsified observations.

Contact Information

Website
www.observsmart.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 21 West Washington Street
  • Suite E&F
  • West Chester, PA 19380
  • United States
+1 (855)
Primary Industry
Other Healthcare Technology Systems
Vertical(s)
Digital Health, Wearables & Quantified Self, TMT
Corporate Office
  • 21 West Washington Street
  • Suite E&F
  • West Chester, PA 19380
  • United States
+1 (855)

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ObservSMART Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 01-Jan-2023 $4.17M Completed Generating Revenue
5. Later Stage VC 29-Mar-2019 Completed Generating Revenue
4. Later Stage VC 14-Feb-2018 Completed Generating Revenue
3. Early Stage VC 22-Jun-2016 Completed Generating Revenue
2. Accelerator/Incubator 04-Feb-2016 $50K $450K Completed Generating Revenue
1. Seed Round 16-Dec-2015 $400K $400K Completed Generating Revenue
To view ObservSMART’s complete valuation and funding history, request access »

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ObservSMART Patents

  • 29

    Total Documents Applications and Grants

  • Total Patents Families

  • 17

    Granted

  • 10

    Pending

  • Expiring in next 12 mo

ObservSMART Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3229862-A1 Tamper-resistant wearable band Pending 23-Aug-2021
AU-2022335531-A1 Tamper-resistant wearable band Pending 23-Aug-2021
EP-4392949-A1 Tamper-resistant wearable band Pending 23-Aug-2021
AU-2020344682-A1 Wireless patient monitoring compliance system Pending 11-Sep-2019
US-20220301407-A1 Wireless patient monitoring compliance system Active 11-Sep-2019 A61B5/002
To view ObservSMART’s complete patent history, request access »

ObservSMART Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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ObservSMART Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Telegraph Hill Partners Venture Capital Minority
Science Center Accelerator/Incubator Minority
Ben Franklin Technology Partners of Southeastern Pennsylvania Accelerator/Incubator Minority
To view ObservSMART’s complete investors history, request access »

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ObservSMART FAQs

  • When was ObservSMART founded?

    ObservSMART was founded in 2012.

  • Where is ObservSMART headquartered?

    ObservSMART is headquartered in West Chester, PA.

  • What is the size of ObservSMART?

    ObservSMART has 19 total employees.

  • What industry is ObservSMART in?

    ObservSMART’s primary industry is Other Healthcare Technology Systems.

  • Is ObservSMART a private or public company?

    ObservSMART is a Private company.

  • What is ObservSMART’s current revenue?

    The current revenue for ObservSMART is .

  • How much funding has ObservSMART raised over time?

    ObservSMART has raised $16.4M.

  • Who are ObservSMART’s investors?

    Telegraph Hill Partners, Science Center, and Ben Franklin Technology Partners of Southeastern Pennsylvania have invested in ObservSMART.

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