Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues<1m1.4m2.8m4.4m10.5m15.5m
% growth-46 %101 %57 %139 %48 %
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DateInvestorsAmountRound
-

N/A

-

$2.5m

Seed
N/A

$1.2m

Debt
N/A

$5.8m

Early VC

$13.4m

Series B

$3.2m

Series B

$11.2m

Valuation: $67.0m

Series B
*

$45.0m

Series C
*

$25.0m

Debt
Total FundingAUD125m

Recent News about Podimetrics

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More about Podimetrics
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Podimetrics is a healthcare technology startup that operates in the diabetes care market, specifically focusing on preventing diabetic foot complications. The company's primary offering is a clinically-proven technology, the SmartMat™, which is used by patients with advanced diabetes at home. By stepping on the SmartMat™ for just 20 seconds a day, the device can monitor foot temperature over time, alert to early signs of inflammation, and facilitate rapid response to help reduce inflammation before complications start.

The company's business model is centered on providing a simple, in-home touchpoint for patients and their healthcare providers. This approach not only empowers patients to manage their foot health and mobility but also helps to curb the spiraling costs associated with diabetic foot complications and amputations.

Podimetrics serves a broad range of clients, including individual patients, healthcare providers, and potentially insurance companies who are interested in reducing the overall cost of diabetes care. The company generates revenue by selling the SmartMat™ device and possibly through a subscription model for ongoing monitoring and support services.

In addition to its technology, Podimetrics differentiates itself through its commitment to human support. The company describes itself as a team of healthcare professionals, technologists, and deeply caring mavericks, dedicated to helping patients maintain their mobility and quality of life.

Keywords: Healthcare Technology, Diabetes Care, Diabetic Foot Complications, SmartMat™, In-Home Monitoring, Patient Empowerment, Cost Reduction, Healthcare Providers, Human Support, Mobility Preservation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.