How Much Did Glooko Raise?
Funding & Key Investors

Glooko, a prominent player in the digital health landscape, has successfully secured a major strategic investment, bringing its total capital raised to $190.5M. This latest infusion of $100M underscores the company's sustained momentum in the competitive digital therapeutics sector. By consistently attracting high-caliber institutional backing since its inception, Glooko has solidified its position as a critical infrastructure provider for chronic condition management, effectively bridging the gap between patient-generated data and clinical decision-making.

The company's trajectory, marked by a series of strategic financing rounds, reflects a robust growth narrative. From its early-stage development to its current enterprise-level maturity, Glooko has demonstrated an ability to scale its platform while maintaining deep integration with global healthcare providers and medical device manufacturers.

What is Glooko?

Glooko
SoftwareHealthcare SoftwareMobile App Development

Glooko operates at the intersection of medical technology and data analytics, providing a comprehensive, intelligent, and connected care platform designed to improve health outcomes for individuals living with chronic conditions. By revolutionizing the connection between patients and their care teams, the platform drives patient engagement and adherence through sophisticated digital therapeutics. Furthermore, Glooko plays a pivotal role in modernizing clinical research by accelerating the speed and efficiency of clinical trials. Its market position is bolstered by a unique ecosystem that integrates seamlessly with various medical devices, making it an indispensable tool for healthcare systems aiming to optimize chronic disease management and patient-centric care delivery.

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 Bill Campbell, Judy Estrin, Vint Cerf, Andy Hertzfeld, Anand Agarawala, Social+Capital, Russel Hirsch, Venky Harinarayan, Xtreme Labs, and Annad Rajarman

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

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

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

Debt (2020): $1M backed by PPP

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

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

Key Investors in Glooko

Canaan Partners

Canaan is an early-stage venture capital firm that invests in technology and healthcare companies, backing founders from seed through growth stages in areas such as enterprise software, fintech, consumer, biopharma, and digital health.

Medtronic

Medtronic is a global healthcare technology company that develops and manufactures medical devices, therapies, and digital health solutions to improve patient outcomes through innovative products and services.

Health Catalyst Capital Management

Health Catalyst Capital is a private equity firm that invests in high-growth healthcare information technology and tech-enabled services businesses, aiming to enhance the quality, access, and affordability of care.

What's next for Glooko?

With the successful closure of this latest financing, Glooko is well-positioned to further expand its footprint in the global healthcare market. The strategic capital will likely be deployed to enhance its data-driven insights, scale its digital therapeutics offerings, and deepen its partnerships with major healthcare organizations. As the industry shifts toward value-based care, Glooko's ability to leverage real-world evidence and patient engagement tools will be critical in maintaining its competitive edge. Future growth will likely focus on broadening its therapeutic reach and refining its platform to support more complex clinical workflows, ensuring that the company remains at the forefront of the digital health revolution.

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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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