19Labs
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
19Labs is a digital health technology company founded in 2015 by Ram Fish and Dr. Peter Fitzgerald, with its headquarters in Redwood City, California. The company focuses on bridging healthcare gaps in rural and underserved areas through its GALE platform, which originated from the founder's inspiration to develop a smart first-aid kit after a personal experience in rural Mexico. 19Labs operates through public-private partnerships, collaborating with governments and global organizations to deploy its technology in locations with limited infrastructure and low connectivity. Business/Product Breakdown: 19Labs provides GALE, a smart telemedicine and point-of-care platform designed for use in schools, workplaces, pharmacies, and remote clinics. The platform integrates diagnostic technologies, such as ultrasounds and ECGs, with a cloud-based management system to facilitate a complete clinic experience from vital sign collection to doctor consultations. 19Labs offers various hardware configurations, including the GALE MAX kiosk, GALE MINI portable tablet, and specialized telehealth carts. Additionally, the company has expanded its services to include medical delivery drones and a Rural Information System for managing large-scale healthcare deployments and emergency responses.
Keywords
Keywords
Classified
Private