Fitbit Reports $745 Million Revenue in 2014 Ahead of IPO Filing
[Today's Highlights]
Inc. 5000 List: Ten Private Digital Health Companies Disclose Their Revenue
Owlet, the Baby Monitor Sock Company, Secures $7 Million in Funding;
New Zealand-based smart inhaler company Adherium goes public, raising $25.6 million;
State Council: Prioritize the opening of government data in livelihood sectors such as healthcare and social security to the public;
1、Inc5000Top 10 ListDomestic private digital health companies disclose their revenue
Each year, Inc. magazine persuades thousands of companies to disclose their financial performance in order to secure a spot on the Inc. 5000 and Inc. 500 lists of the fastest-growing private companies in the United States, with rankings determined by the percentage growth in company revenue over the past three years.
VCBeat has compiled a list of the top 10 private digital health companies, among which Fitbit reported annual revenue of $745 million.
2, Owlet, a baby monitoring sock companyEarn 700$10,000 in financing
On August 20, 2015, Owlet—a startup that manufactures smart socks for monitoring infants’ vital signs—secured $6 million in venture capital funding and $1 million in research and development grants from the NIH (National Institutes of Health). The company had previously raised $1.85 million in financing in April of the prior year.
“Smart Socks” are specially designed for infants, capable of monitoring heart rate, skin temperature, blood oxygen levels, and sleep data during an infant’s sleep. This data is transmitted via the cloud to a mobile app on the parents’ smartphones. If the infant experiences breathing difficulties during sleep, the parents will receive an alert on their phones. Additionally, these smart socks are rechargeable, and the parents’ phones will also receive a low-battery notification, provided the app is running in the background.
This product is expected to be launched this fall.
3, New Zealand smart inhaler company AdheriumMarket LaunchRaised 2,560USD 10,000 in funding
New Zealand-based smart inhaler company Adherium listed on the Australian Securities Exchange on August 19 (local time), raising US$25 million in its initial public offering, including US$3 million from its pharmaceutical partner AstraZeneca. The two companies had just announced a commercial collaboration agreement last month.
Adherium is a company that manufactures a line of medical products centered around smart inhalers. The device can intelligently track data such as usage times, and provides visual and auditory alerts when patients forget to take their essential preventive medication. The smart inhaler automatically uploads data to a mobile app, home monitoring hub, or computer via its built-in connectivity. Subsequently, the data is transmitted to the company’s cloud server, enabling physicians to access patient information in real time.
4- State Council: Prioritize the opening of government data in livelihood sectors such as healthcare and social security to the public
On August 19, Premier Li Keqiang of the State Council presided over an executive meeting of the State Council, which approved the “Action Outline for Promoting the Development of Big Data.”
The meeting pointed out that it is necessary to promote the interconnection and sharing of government information systems and public data, eliminate information silos, accelerate the integration of various government information platforms, avoid redundant construction and data conflicts, enhance government credibility, and promote the development of the social credit system.Prioritize the opening of government data in key livelihood sectors—including transportation, healthcare, employment, and social security—to the public., carry out big data application demonstrations in areas such as urban development, social assistance, quality and safety, and community services to enhance the level of social governance.
It also emphasized the need to innovate market regulation in the distribution sector and implement a corporate product quality commitment system, focusing on agricultural products, food,PharmaceuticalsFocusing on products that have a significant impact on consumer life and health, establish a full-process traceability system that ensures source traceability, destination tracking, and accountability.
By John Wang