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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.
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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
Ranked
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:lockFilter this list
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
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AdhereTech's founders and board of directors

Founder? Claim Profile
The founders of AdhereTech is Josh Stein. Josh Stein is the CEO of AdhereTech.
Here are the details of AdhereTech's key team members:

AdhereTech's employee count trend

AdhereTech has 43 employees as of Jul 24. Here is AdhereTech's employee count trend over the years:
Employee count trend for AdhereTech
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Medisafe
Medisafe
2012, Boston (United States), Series C
Provider of digital medication engagement and adherence platform
$51.5M
72/100
2nd
Logo for Wellth
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
Logo for Capsa Healthcare
Capsa Healthcare
1968, Columbus (United States), Acquired
Provider of medication management system for healthcare providers and pharmacies
$8.3M
64/100
4th
Logo for Phil
Phil
2015, San Francisco (United States), Series D
Technology-driven hub simplifying medication access and improving patient outcomes
$100M
64/100
5th
Logo for Scene
Scene
2008, Brooklandville (United States), Series B
SaaS-based medication adherence platform for healthcare providers
$25.3M
61/100
6th
Logo for MedMinder Systems
MedMinder Systems
2008, Needham (United States), Acquired
Smart pill box for monitoring medication adherence
$62.7M
57/100
7th
Logo for Sonara
Sonara
2020, Dallas (United States), Seed
Provider of a remote medication monitoring system for hospitals
$5.82M
56/100
8th
Logo for Proteus Digital Health
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
Logo for Cureatr
Cureatr
2011, New York City (United States), Acquired
Provider of cloud-based medication management software for healthcare providers
$40.8M
54/100
10th
Logo for PatchRx
PatchRx
2018, Tulsa (United States), Series A
Cloud-based patient medication adherence management solutions
$15M
53/100
11th
Logo for AdhereTech
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

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Media has covered AdhereTech for 1 event in last 1 year, It was about people movement.
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