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Alere - About the company

Alere is a public company based in Waltham (United States), founded in 1991 by Ron Zwanziger. It operates as a Developer of small rapid diagnostic devices for infectious diseases. Alere has raised $616M in funding from investors like YFM Equity Partners, TA and Cutlass Capital. The company has 590 active competitors, including 66 funded and 25 that have exited. Its top competitors include companies like Viz.ai, AvoMD and Arine.

Company Details

Developer of small rapid diagnostic devices for infectious diseases. It provides diagnostics and health management solutions. The company’s products and services are focused on infectious disease, cardiology, oncology, drugs of abuse, and women’s health. Its brands range from over-the-counter tests to lab-based diagnostics to integrated home monitoring solutions.
Website
alere.com
Part Of
Key Metrics
Founded Year
1991
Location
Waltham, United States
Stage
Public
Total Funding
$616M in 26 rounds
Ranked
Annual Revenue
$2.36B as on Dec 31, 2016
Employee Count
1,758 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Alere's IPO details

Alere got listed on Mar 12, 2018.
Click here to take a look at Alere's IPO in detail
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Alere's funding and investors

Alere has raised a total funding of $616M over 26 rounds. Its first funding round was on 2000. Alere has 20 institutional investors.

Here is the list of recent funding rounds of Alere:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 28, 2013
2757520
Conventional Debt
5901552
2720427
8130718
3640921
Feb 2013
3454617
Grant (prize money)
3720727
2787242
6882574
Feb 2013
6924718
Conventional Debt
3766061
6950439
5020522
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Alere's founders and board of directors

Founder? Claim Profile
The founders of Alere is Ron Zwanziger.
Here are the details of Alere's key team members:

Alere's employee count trend

Alere has 1,758 employees as of May 26. Here is Alere's employee count trend over the years:
Employee count trend for Alere
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Alere's Competitors and alternates

Top competitors of Alere include Viz.ai, AvoMD and Arine. Here is the list of Top 10 competitors of Alere, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Viz.ai
Viz.ai
2016, San Francisco (United States), Series D
Developer of an AI-powered platform for care coordination and disease detection
$252M
69/100
2nd
Logo for AvoMD
AvoMD
2020, New York City (United States), Series A
Provider of a clinical decision support solution for healthcare professionals
$21.1M
69/100
3rd
Logo for Arine
Arine
2017, San Francisco (United States), Series C
Medication management solution for healthcare professionals
$95M
64/100
4th
Logo for Alere
Alere
1991, Waltham (United States), Public
Developer of small rapid diagnostic devices for infectious diseases
$616M
64/100
5th
Logo for Pathway
Pathway
2020, Montreal (Canada), Acquired
Provider of guidance tools for healthcare providers
$6.29M
62/100
6th
Logo for Infervision
Infervision
2016, Beijing (China), Series D
AI-based medical imaging and clinical diagnosis solutions
$213M
62/100
7th
Logo for Dawn Health
Dawn Health
2016, Copenhagen (Denmark), Series C
Developer of software as a medical device and digital therapeutics
$67M
61/100
8th
Logo for Grand Rounds
Grand Rounds
2011, San Francisco (United States), Series D
Provider of virtual care, navigation, and support for healthcare needs
$230M
59/100
9th
Logo for Airdoc
Airdoc
2015, Beijing (China), Public
Offers decision support solutions
-
56/100
10th
Logo for Theranos
Theranos
2003, Palo Alto (United States), Deadpooled
Digital tool for early detection and prevention of disease
$1.31B
55/100
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Alere's Investments and acquisitions

Alere has made 1 investments in companies including PathCare Labs. Alere has also acquired 11 companies including US Diagnostics and Biosite.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 16, 2015
Acquisition
1999
Huntsville (United States)
Aug 11, 2013
Acquisition
1988
San Diego (United States)
Feb 06, 2013
Acquisition
1999
Suwon-si (South Korea)
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See all acquisitions by Alere

Reports related to Alere

Here is the latest report on Alere's sector:

News related to Alere

lockFilter this list
Alere Pays $2.2M Per Acre for Inland Empire LandCommercial ObserverMar 10, 2023Alere
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