AdhereTech - About the company
AdhereTech is a series A company based in New York City (United States), founded in 2011 by Josh Stein. It operates as a Medication adherence solutions improving patient outcomes, accelerating commercialization, and enhancing clinical trials. AdhereTech has raised $2.37M in funding. The company has 224 active competitors, including 58 funded and 9 that have exited. Its top competitors include companies like Medisafe, Wellth and Capsa Healthcare.
Company Details
Medication adherence solutions improving patient outcomes, accelerating commercialization, and enhancing clinical trials. They offer a patient-friendly system designed to improve medication adherence and patient retention. Their core offering includes a smart bottle and cap that gently remind patients to take medication and intervene when doses are missed. The platform delivers real-time insights and reporting, enabling targeted intervention and timely support. They focus on improving onboarding, retention, and compliance with dosing schedules. Their solutions aim to reduce medication gap days and improve patient satisfaction. They provide medication adherence solutions for better health, patient support, and partner login. They are focused on improving patient health outcomes through collaborative and purpose-driven leadership. They leverage innovative and digital health solutions to enact positive behavior change in at-risk populations.
- Website
- adheretech.com
- Email ID
- *****@adheretech.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2011
Location
New York City, United States
Stage
Series A
Total Funding
$2.37M in 4 rounds
Latest Funding Round
Investors
Ranked
11th among 224 active competitors
Employee Count
43 as on Jul 01, 2024
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AdhereTech's funding and investors
AdhereTech has raised a total funding of $2.37M over 4 rounds. Its first funding round was on Jul 19, 2012. Its latest funding round was a Series A round on Nov 01, 2018 for $*****. 1 investor participated in its latest round. AdhereTech has 4 institutional investors.
Here is the list of recent funding rounds of AdhereTech:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 01, 2018 | 6336029 | Series A | 9373184 | 2975435 | 4973792 | 3410785 |
Jul 09, 2014 | 8357889 | Series A | 6202132 | 8614145 | 4512157 | 7454959 |
Nov 06, 2013 | 9576152 | Seed | 6296487 | 5520357 | 6958471 | 4604497 |
View details of AdhereTech's funding rounds and investors
AdhereTech's founders and board of directors
Founder? Claim ProfileThe founders of AdhereTech is Josh Stein. Josh Stein is the CEO of AdhereTech.
Here are the details of AdhereTech's key team members:
- Josh Stein: Co-Founder & CEO of AdhereTech and founder of 2 other companies, Accruals and WiseLayer. Contact Info: 1 email address
View details of AdhereTech's Founder profiles and Board Members
AdhereTech's employee count trend
AdhereTech has 43 employees as of Jul 24. Here is AdhereTech's employee count trend over the years:
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AdhereTech's Competitors and alternates
Top competitors of AdhereTech include Medisafe, Wellth and Capsa Healthcare. Here is the list of Top 10 competitors of AdhereTech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Medisafe 2012, Boston (United States), Series C | Provider of digital medication engagement and adherence platform | $51.5M | 72/100 | |
2nd | Wellth 2014, Brooklyn (United States), Series C | Provides AI and cloud-based platform for doctors for patient engagement and care | $73.1M | 66/100 | |
3rd | Capsa Healthcare 1968, Columbus (United States), Acquired | Provider of medication management system for healthcare providers and pharmacies | $8.3M | 64/100 | |
4th | Phil 2015, San Francisco (United States), Series D | Technology-driven hub simplifying medication access and improving patient outcomes | $100M | 64/100 | |
5th | Scene 2008, Brooklandville (United States), Series B | SaaS-based medication adherence platform for healthcare providers | $25.3M | 61/100 | |
6th | MedMinder Systems 2008, Needham (United States), Acquired | Smart pill box for monitoring medication adherence | $62.7M | 57/100 | |
7th | Sonara 2020, Dallas (United States), Seed | Provider of a remote medication monitoring system for hospitals | $5.82M | 56/100 | |
8th | Proteus Digital Health 2001, Redwood City (United States), Series H | Provider of cloud-based patient medication adherence monitoring system for the healthcare providers | $532M | 56/100 | |
9th | Cureatr 2011, New York City (United States), Acquired | Provider of cloud-based medication management software for healthcare providers | $40.8M | 54/100 | |
10th | PatchRx 2018, Tulsa (United States), Series A | Cloud-based patient medication adherence management solutions | $15M | 53/100 | |
11th | AdhereTech 2011, New York City (United States), Series A | Medication adherence solutions improving patient outcomes, accelerating commercialization, and enhancing clinical trials | $2.37M | 52/100 |
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AdhereTech's Investments and acquisitions
AdhereTech has made no investments or acquisitions yet.
News related to AdhereTech
Media has covered AdhereTech for 1 event in last 1 year, It was about people movement.
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AdhereTech Announces Appointment of Dean McAlister to Board of DirectorsBenzinga•Jan 08, 2025•AdhereTech
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AdhereTech Unveils Aidia SystemTM to Keep Patients Connected to CareBusiness Wire•Sep 15, 2021•AdhereTech
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US Bioservices & AdhereTech Collaborate to Improve Patient Adherence to TherapyBusiness Wire•Jun 04, 2019•AdhereTech, US Bioservices
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Diplomat Pharmacy: Smart pill bottle added an extra medication fill per patient per yearMobiHealthNews•Apr 26, 2019•Diplomat, AdhereTech
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Smart pill bottle creator AdhereTech secures strategic investment from ArgentumMedCity News•Nov 01, 2018•AdhereTech, Argentum Group
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