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 Associates and Cutlass Capital. The company has 252 active competitors, including 33 funded and 7 that have exited. Its top competitors include companies like Viz.ai, AvoMD and Grand Rounds.
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
Key Metrics
Founded Year
1991
Location
Waltham, United States
Stage
Public
Total Funding
$616M in 26 rounds
Latest Funding Round
Investors
Ranked
1st among 252 active competitors
Annual Revenue
$1B+ as on Dec 31, 2016
Employee Count
1,741 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Alere
Alere is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ALERE INC. CIN: 1145460 , United States, Active | May 10, 2001 | $1B+ (As on Dec 31, 2016) | 7011 (As on Dec 31, 2022) | - |
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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 28, 2013 | 2499041 | Conventional Debt | 2296958 | 4335024 | 5800668 | 9505471 |
Feb 2013 | 7765098 | Grant (prize money) | 3955612 | 3430054 | 4771355 | |
Feb 2013 | 3756112 | Conventional Debt | 1997247 | 3767598 | 5988055 |
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Alere's founders and board of directors
Founder? Claim ProfileThe founders of Alere is Ron Zwanziger.
Here are the details of Alere's key team members:
- Ron Zwanziger: Founder of Alere.
View details of Alere's Founder profiles and Board Members
Alere's employee count trend
Alere has 1,741 employees as of Sep 26. Here is Alere's employee count trend over the years:
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Alere's Competitors and alternates
Top competitors of Alere include Viz.ai, AvoMD and Grand Rounds. Here is the list of Top 10 competitors of Alere, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Alere 1991, Waltham (United States), Public | Developer of small rapid diagnostic devices for infectious diseases | $616M | 64/100 | |
2nd | Viz.ai 2016, San Francisco (United States), Series D | Developer of an AI-powered platform for care coordination and disease detection | $252M | 63/100 | |
3rd | AvoMD 2020, New York City (United States), Series A | Provider of a clinical decision support solution for healthcare professionals | $21.1M | 63/100 | |
4th | Grand Rounds 2011, San Francisco (United States), Series D | Provider of virtual care, navigation, and support for healthcare needs | $230M | 58/100 | |
5th | Marathon 2005, Indianapolis (United States), Seed | Provider of advanced primary care and occupational health solutions for organizations | - | 55/100 | |
6th |  Pattern Computer 2015, Friday Harbor (United States), Series A | Pattern discovery engine for insights from complex data, enabling explainable AI | $17.3M | 53/100 | |
7th | Nuna 2010, San Francisco (United States), Series E | Healthcare analytics company | $90M | 53/100 | |
8th |  Surgical Safety 2014, New York City (United States), Series B | Provider of AI-based diagnosis and treatment solutions for healthcare organizations | $33.2M | 53/100 | |
9th | Think Research 2006, Toronto (Canada), Acquired | SaaS based point of care management software for clinical decision support | $25M | 52/100 | |
10th |  Uprise Health 1988, Costa Mesa (United States), Funding Raised | Digital clinical assessment tool for healthcare professionals | - | 52/100 |
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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:Filter this list
Filter this listDate 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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Reports related to Alere
Here is the latest report on Alere's sector:
News related to Alere
Filter this list•
Alere receives FDA clearance for Alere i Influenza A & B 2 rapid molecular testReuters•Jul 16, 2024•Alere
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Nashville whistleblower gets $28.5M in fraud settlementNashville Post•Aug 02, 2021•Arriva Medical, Alere
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Abbott Fined $160M to Resolve Medicare Diabetes LawsuitMedical Product Outsourcing•Aug 02, 2021•Abbott, Arriva Medical, Alere
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St. Jude Medical, Alere pay combined $65M to settle DOJ claims they knowingly sold defective devicesFierce Biotech•Jul 09, 2021•St. Jude Medical, Alere
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Drug Screening Market Analysed Till 2025 in a New Report : Alere, Express Diagnostics, Laboratory Corporation of AmericaDigital Journal•Mar 13, 2019•LabCorp, Alere, Express Diagnostics
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U.S. Joins False Claims Suit Against Arriva Medical & AlereMedical Product Outsourcing•Feb 20, 2019•Arriva Medical, Alere
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Global Electrophysiology Laboratory Devices Market 2018:- Alere, Cardiorobotics, Interface BiologicsNorthwest Trail•Feb 04, 2019•Alere, Interface Biologics
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