How Much Did Strados Labs Raise?
Funding & Key Investors

Strados Labs, a Philadelphia-based medical technology firm, has successfully secured a major strategic investment, bringing its total capital infusion to $6.4M. This latest financing round, totaling $4.5M, underscores the market confidence in the company's proprietary smart sensor technology. By leveraging machine learning to monitor and predict respiratory conditions, Strados Labs is positioning itself as a critical player in the digital health landscape, moving beyond initial development phases into a period of accelerated commercial expansion and product diversification.

What is Strados Labs?

Strados Labs
ManufacturingMedical Devices & EquipmentHealthcare Software

At the core of Strados Labs' operations is the RESP platform, a first-of-its-kind smart sensor system designed to provide clinical-grade monitoring for patients suffering from chronic respiratory diseases. The company has achieved significant regulatory milestones, including FDA Class II 510(k) clearance and a CE Mark, validating the efficacy of its proprietary algorithms. By focusing on high-burden conditions such as asthma, COPD, and infectious respiratory illnesses, the firm addresses a massive unmet need in remote patient monitoring. The company's strategic roadmap involves transitioning from a single-focus respiratory health provider to a broader chronic disease management entity, with plans to integrate heart failure monitoring into its diagnostic suite. This evolution reflects a sophisticated approach to data-driven healthcare, where predictive analytics serve as the foundation for improved patient outcomes and reduced hospital readmission rates.

How much funding has Strados Labs raised?

Strados Labs has raised a total of $6.4M across 3 funding rounds:

2019

Unspecified

$1.8M

2021

Debt

$117K

2022

Other Financing Round

$4.5M

Unspecified (2019): $1.8M with participation from Cathexis Ventures, SOSV, and Ben Franklin Technology Partners Companies

Debt (2021): $117K led by PPP

Other Financing Round (2022): $4.5M supported by Broad Street Angels, Blu Venture Investors, SOSV, Wavemaker Three-Sixty Health, and cultivate

Key Investors in Strados Labs

SOSV

SOSV is a multi-stage venture capital investor that provides intellectual and financial capital to accelerate founders big ideas.

Wavemaker Three-Sixty Health

Wavemaker Three-Sixty Health is a leading U.S. venture capital fund that focuses exclusively on early-stage healthcare startups, investing in promising companies across North America.

Blu Venture Investors

Blu Ventures is an early-stage venture capital fund specializing in cybersecurity and technology investments, founded by former operators with extensive experience in scaling companies.

What's next for Strados Labs?

With the recent influx of capital, Strados Labs is well-positioned to scale its operations and broaden its clinical footprint. The strategic focus for the coming fiscal periods involves the aggressive rollout of the RESP platform across diverse healthcare settings, alongside the development of a robust pipeline of sensor technologies. As the company expands its diagnostic capabilities to include heart failure, it will likely seek further partnerships with healthcare providers and insurance networks to integrate its solutions into standard care pathways. The transition from a venture-backed startup to a mature medical technology provider will require sustained investment in clinical validation and market penetration, ensuring that their predictive algorithms remain at the forefront of the digital health revolution.

See full Strados Labs company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Automotive PartsManufacturing
Building MaterialsManufacturingFreight & Logistics ServicesTransportationTrucking, Moving & Storage
Chemicals & Related ProductsManufacturingEducationHealth & Nutrition ProductsTrainingHealthcare ServicesMedical Laboratories & Imaging Centers
Food & BeverageManufacturingAgricultureHospitalityCropsRestaurant Reservations

Frequently Asked Questions Regarding Strados Labs Financial Insights

What are the most recent funding rounds that Strados Labs has completed, and what were the funding rounds?
Strados Labs has recently completed 3 funding rounds: Other Financing Round on Jan 5, 2022, Debt on Jan 26, 2021, Unspecified on May 23, 2019.
What is the total amount of funding Strados Labs has raised to date?
Strados Labs has raised a total of $6.4M in funding to date.
How many funding rounds has Strados Labs completed?
Strados Labs has completed 3 funding rounds.
How much funding did Strados Labs raise in its most recent funding round?
Strados Labs raised $4.5M in its most recent funding round.
Who are the lead investors in Strados Labs's latest funding round?
The lead investor in Strados Labs's latest funding round was Broad Street Angels. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Strados Labs's history?
The largest funding round in Strados Labs's history was $4.5M.
See more information about Strados Labs