Bitome - About the company
Bitome is an acquired company based in Boston (United States), founded in 2016 by Jens Hofflin and Herbert Ryan. It operates as a Wearable device that tracks hydration levels. Bitome has raised an undisclosed amount in funding. The company has 42 active competitors, including 14 funded and 3 that have exited. Its top competitors include companies like Nix, Epicore Biosystems and Healbe.
Company Details
Bitome has developed a wearable device that can track user's hydration level. The device uses magnetic resonance to monitor the water content of the body. The companion app analyses the data and sends push notifications to the user when they deviate from their normal hydration levels.
Key Metrics
Founded Year
2016
Location
Boston, United States
Stage
Acquired
Latest Funding Round
Ranked
7th among 42 active competitors
Employee Count
607 as on Dec 31, 2021
Exit Details
Acquired by Ginkgo Bioworks (Jun 08, 2022)
Legal entities associated with Bitome
Bitome is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GINKGO BIOWORKS INC CIN: 263118890 , United Kingdom, Active | - | 607 (As on Dec 31, 2021) |
Bitome's acquisition details
Bitome got acquired by Ginkgo Bioworks on Jun 08, 2022.
Click here to take a look at Bitome's acquisition in detail
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Bitome's funding and investors
Bitome has raised funding over 3 rounds. Its first funding round was on Jan 10, 2017. Its latest funding round was a Grant (prize money) round on May 15, 2020 for $*****. 1 investor participated in its latest round. Bitome has 3 institutional investors.
Here is the list of recent funding rounds of Bitome:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 15, 2020 | 6143324 | Grant (prize money) | 5155354 | 3010735 | 2995677 | 3869770 |
Oct 01, 2018 | 9230408 | Grant (prize money) | 6175320 | 2666940 | 9091911 | |
Jan 10, 2017 | 1842427 | Seed | 1240013 | 4994906 | 2665228 |
View details of Bitome's funding rounds and investors
Bitome's founders and board of directors
Founder? Claim ProfileThe founders of Bitome are Jens Hofflin and Herbert Ryan.
Here are the details of Bitome's key team members:
- Jens Hofflin: Co-Founder & CTO of Bitome. Contact Info: 1 email address
- Herbert Ryan: Co-Founder & CEO of Bitome. Contact Info: 1 email address
View details of Bitome's Founder profiles and Board Members
Bitome's employee count trend
Bitome has 607 employees as of Dec 21. The total employee count is 19.0% more than what it was in Dec 20. Here is Bitome's employee count trend over the years:
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Bitome's Competitors and alternates
Top competitors of Bitome include Nix, Epicore Biosystems and Healbe. Here is the list of Top 10 competitors of Bitome, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nix 2015, Boston (United States), Series A | Provider of sweat-based biosensors for monitoring body hydration levels | $6.95M | 65/100 | |
2nd | Epicore Biosystems 2017, Cambridge (United States), Series B | Developer of sweat-sensing wearables for real-time health monitoring | $43.9M | 61/100 | |
3rd | Healbe 2012, Redwood City (United States), Series A | Smart bands for comprehensive health tracking and lifestyle improvement | $2.8M | 55/100 | |
4th | Supersapiens 2019, Atlanta (United States), Deadpooled | Provider of wireless sensors for monitoring body vitals | $13.5M | 48/100 | |
5th | Samsung Heavy Industries 1995, Seoul (South Korea), Public | Provider of skin patches for tracking fitness activities | - | - | 46/100 |
6th | Flow Bio 2016, London (United Kingdom), Seed | Provider of wearable patches to monitor hydration levels of athletes | $250K | 44/100 | |
7th | Bitome 2016, Boston (United States), Acquired | Wearable device that tracks hydration levels | - | 40/100 | |
8th | HDrop 2019, Little Rock (United States), Funding Raised | Offers hydration monitoring wearable for athletes | - | 40/100 | |
9th | Pryme Vessyl 2014, San Francisco (United States), Seed | Trusted online platform for Togel, Toto 4D, and slot games | $8.42M | 38/100 | |
10th | Grace imaging 2018, Shinjuku City (Japan), Series A | Wearable device for tracking muscle metabolism | $3.53M | 34/100 |
Looking for more details on Bitome's competitors? Click here to see the top ones
Bitome's Investments and acquisitions
Bitome has made no investments or acquisitions yet.
Reports related to Bitome
Here is the latest report on Bitome's sector:
News related to Bitome
•
Ginkgo Bioworks Acquires Bitome, an Integrated Metabolite Monitoring PlatformAiThority•Jun 07, 2022•Ginkgo Bioworks, Bitome
•
Ginkgo Bioworks acquires certain assets from BitomeSeeking Alpha•Jun 06, 2022•Ginkgo Bioworks, Bitome
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