Onalabs
- hard tech
- biotechnology
- horizon europe
- woman founder
- eit ecosystem
- wearable
- eit health
- tech for patients
- non-invasive
- seal of excellence ec
- eit supernovas
- health diagnostics
- telemedicine
- remote monitoring
- sports activity and performance
- headstart (eit health)
- biomarkers
- molecular biology
- headstart 2017 (eit health)
- point of care
Financials
Estimates*
EUR | 2015 | 2016 | 2017 |
---|---|---|---|
Revenues | <1m | <1m | <1m |
% growth | - | (60 %) | 45 % |
EBITDA | <1m | <1m | (<1m) |
% EBITDA margin | 8 % | 18 % | (11 %) |
Profit | <1m | <1m | (<1m) |
% profit margin | 3 % | 14 % | (9 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€50.0k | Grant | ||
€50.0k | Grant | ||
N/A | $62.1k | Seed | |
N/A | €793k | Grant | |
N/A | €338k | Grant | |
€1.2m | Seed | ||
* | €1.1m Valuation: €5.6m | Seed | |
N/A | €174k | Grant | |
N/A | €128k | Grant | |
* | €1.8m | Seed | |
Total Funding | $6.3m |
Related Content
Recent News about Onalabs
EditOnalabs is a forward-thinking startup that specializes in developing innovative health monitoring solutions. The company focuses on creating wearable devices that provide real-time data on various health metrics. These devices are designed to be non-invasive, meaning they don't require any surgical procedures or internal probes to gather data. This makes them user-friendly and accessible to a broad audience.
Onalabs primarily serves healthcare providers, athletes, and individuals who are keen on monitoring their health. The healthcare market is vast and growing, driven by an increasing awareness of the importance of preventive care and the management of chronic diseases. Onalabs operates within this market, offering solutions that can be used in hospitals, sports facilities, and even at home.
The business model of Onalabs is based on the sale of its wearable devices and the accompanying software services. The company generates revenue through direct sales to consumers and healthcare institutions, as well as through subscription services for its data analytics platform. This platform provides users with detailed insights and recommendations based on the data collected by the wearable devices.
Onalabs makes money by selling its devices and charging for ongoing access to its software services. This dual revenue stream allows the company to maintain a steady income while also providing continuous value to its customers through regular software updates and new features.
In summary, Onalabs is a health tech startup that creates non-invasive wearable devices for real-time health monitoring. It serves healthcare providers, athletes, and health-conscious individuals, operating in the growing healthcare market. The company makes money through device sales and subscription-based software services.
Keywords: health tech, wearable devices, real-time monitoring, non-invasive, healthcare, athletes, preventive care, chronic disease management, data analytics, subscription services.