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Athelas

Remote patient monitoring platform

Athelas logo
201-500 employees
  • Healthcare
  • B2B
  • Internet of Things
  • MedTech
Jackson Park, Mountain View, CA

Company mission

Athelas' mission is to bring simple, life-changing healthcare products to people around the globe to provide remote patient monitoring systems to the healthcare sector.

Led by a woman
Top investors

Few candidates hear
back within 2 weeks

24% employee growth in 12 months

Our take

Gathering data on patients is vital to provide healthcare workers with the information that they need to reduce repeat hospitalizations, but retrieving such data requires patient monitoring through expensive medical equipment. This ultimately reduces spaces in hospitals and clinics when patients could otherwise be cared for from home, presenting an increased demand for remote patient monitoring (RPM) technology.

Athelas develops RPM hardware and software platforms, helping the healthcare industry monitor the health data of patients without the need for them to be present in hospitals or clinics. The company's solutions include remote devices for blood diagnostics, sensor-driven pillboxes, and glucometers, which connect through software applications for doctors, EHR integrations, and a unified RPM platform.

Whilst the company faces competition from other RPM platforms, Athelas stands out by providing a comprehensive range of hardware monitoring devices and software applications, ultimately contributing toward an all-in-one RPM ecosystem. The company reports that its solutions have resulted in a 30% increase in patient engagement and a 20% reduction in hospitalizations and ER visits. A merger with fellow healthcare infrastructure unicorn Commure in 2023 will combine both companies' fast-growing revenue lines and promise a lucrative future Athelas.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Company values

  • Relentlessly Resourceful - There is no task that is too big to solve - we will try to use every resource at our disposal to get the job done
  • Extreme Ownership - We all take on serious end-to-end responsibility of products and services. Our teammates all pride themselves on being real owners within the company
  • Patients Drive Product - We make our product decisions based on what’s best for the patients. Period
  • Say Yes before No - As a team we always try to find solutions before saying no. As a company our goal is to create new products and services that drastically improve healthcare. That requires saying yes before no
  • Embrace the Adventure - We love all the fun that comes with building companies and products. We all embrace the adventure of being here and are ready for whatever comes our way
  • Collective Success - We focus on collective success as a team. We are great teammates to each other and great partners to our customers

Funding (last 2 of 6 rounds)

Jan 2022

$60m

SERIES B

Aug 2021

$72m

SERIES B

Total funding: $156.2m

This company has top investors

Leadership

Experience as Software Developer and Engineer for Trringg Systems, Clipped.me and Wit.ai. Researcher for the AI Department of Stanford University from 2013 to 2016.

Deepika Bodapati

(Co-founder)

Experience as Researcher for the NASA Ames Research Center. Researcher at the Multimodality Molecular Imaging Lab (MMIL) of Stanford University from 2010 to 2015.