DarioHealth

company

About

DarioHealth is a digital therapeutics company engaged in the development and commercialization of patented and proprietary technology.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$5.10M
Industries
Health Care,Health Diagnostics,Medical Device,Software,Therapeutics
Founded date
Jan 1, 2011
Number Of Employee
101 - 250
Operating Status
Active
Stock Symbol
nasdaq:DRIO
Legal Name
DarioHealth Corp.
Also Known As
Labstyle Innovations

DarioHealth is a digital health company. It is engaged in the development and commercialization of patented and proprietary technology that provides consumers with laboratory-testing capabilities using smartphones and other mobile devices. The company's product, Dario Blood sugar monitor is a mobile, real-time, cloud-based, diabetes management solution based on a multi-featured software application combined with a blood glucose monitoring device. The group operates internationally and derives revenues from the sale of its Dario smart meter and related device-specific disposables test strip cartridges and lancets. The company generates the majority of the revenue.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
19
$240M
DarioHealth has raised a total of $240M in funding over 2 rounds. Their latest funding was raised on Jun 9, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 9, 2022 Post-IPO Debt $50M 1 OrbiMed Detail
Jan 27, 2021 Post-IPO Equity $70M 6 Detail
Jul 21, 2020 Post-IPO Equity $28.60M 5 Detail
Oct 22, 2019 Post-IPO Equity $21.30M 1 Detail
Sep 16, 2018 Post-IPO Equity $10.34M Detail

Employee Profiles

Number of Employee Profiles
15
DarioHealth has 15 current employee profiles, including Employee Oded Cohen
Employee
Board member
Employee
Executive
Executive

Acquisition

DarioHealth has acquired 3 organizations. Their most recent acquisition was Upright Technologies on Jan 27, 2021. They acquired Upright Technologies for $31M.

Date Company Name
Industry Acquisition Type Price
Health Care acquisition $ 31M Detail
May 18, 2021 wayForward
Health Care acquisition $ 25M Detail
Artificial Intelligence acquisition $ 1.02M Detail