How Much Did Glooko Raise?
Funding & Key Investors

Glooko, a prominent player in the digital health sector, has secured significant enterprise-level funding, with its most recent capital injection amounting to $100M. This latest financing round follows a history of substantial investment, contributing to a cumulative total funding of $190.5M. The company's consistent ability to attract major strategic investments underscores its pivotal role in advancing connected care for individuals managing chronic conditions.

What is Glooko?

Glooko
SoftwareHealthcare SoftwareMobile App Development

Glooko is dedicated to enhancing health outcomes for individuals with chronic conditions through its intelligent, connected care platform. By revolutionizing the patient-provider connection, Glooko drives patient engagement and adherence via digital therapeutics. Its proven technologies are instrumental in accelerating the speed and efficiency of clinical trials, positioning the company as a key innovator in the digital health and medical technology landscape. The company's focus on personalized care solutions addresses critical needs in managing long-term health challenges.

How much funding has Glooko raised?

Glooko has raised a total of $190.5M across 7 funding rounds:

2011

Angel/Seed

$1M

2014

Series A

$7M

2015

Series B

$16.5M

2017

Series C

$35M

2020

Debt

$1M

2021

Series D

$30M

2024

Series F

$100M

Angel/Seed (2011): $1M with participation from Vint Cerf, Annad Rajarman, Judy Estrin, Xtreme Labs, Bill Campbell, Anand Agarawala, Venky Harinarayan, Social+Capital, Russel Hirsch, and Andy Hertzfeld

Series A (2014): $7M led by The Social+Capital Partnership and Samsung Ventures

Series B (2015): $16.5M supported by Samsung Ventures, Medtronic, The Social + Capital Partnership, and Canaan Capital

Series C (2017): $35M featuring Medtronic, Mayo Clinic, Insulet, Samsung NEXT, Canaan Partners, and Georgian

Debt (2020): $1M backed by PPP

Series D (2021): $30M with participation from Canaan Partners, Health Catalyst Capital Management, Mayo Clinic, Novo Nordisk, Georgian, and Insulet

Series F (2024): $100M led by Georgian and Health Catalyst Capital Management

Key Investors in Glooko

Medtronic

Medtronic is a global leader in medical technology, providing innovative therapies and devices for chronic diseases. Their investment in Glooko highlights a strategic interest in connected care solutions for diabetes and other conditions.

Canaan Partners

Canaan is an early-stage venture capital firm specializing in technology and healthcare investments. Their backing of Glooko indicates a belief in the company's potential for significant growth in the digital health sector.

The Social + Capital Partnership

Social Capital is an investment firm focused on transformative ideas and technologies aimed at creating positive societal impact. Their involvement suggests alignment with Glooko's mission to improve health outcomes.

What's next for Glooko?

With its substantial funding history, including a recent major strategic investment, Glooko is well-positioned for continued expansion and innovation. The company's trajectory suggests a focus on scaling its platform, further developing its digital therapeutics, and potentially exploring new therapeutic areas or geographical markets. The consistent backing from strategic investors like Medtronic and Mayo Clinic indicates a strong market validation and a clear path toward solidifying its leadership in the connected health ecosystem. Future growth will likely involve deeper integration with healthcare systems and a continued emphasis on data-driven insights to improve patient care and clinical research.

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Frequently Asked Questions Regarding Glooko Financial Insights

What are the most recent funding rounds that Glooko has completed, and what were the funding rounds?
Glooko has recently completed 3 funding rounds: Series F on Oct 10, 2024, Series D on Mar 16, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Glooko has raised to date?
Glooko has raised a total of $190.5M in funding to date.
How many funding rounds has Glooko completed?
Glooko has completed 3 funding rounds.
How much funding did Glooko raise in its most recent funding round?
Glooko raised $100M in its most recent funding round.
Who are the lead investors in Glooko's latest funding round?
The lead investor in Glooko's latest funding round was Georgian. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Glooko's history?
The largest funding round in Glooko's history was $100M.
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