Podimetrics

company

About

Podimetrics is a care management company with the leading solution to help prevent diabetic foot amputations.

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$25M
Industries
Diabetes,Health Care,Medical Device
Founded date
Oct 22, 2011
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Podimetrics, Inc

Podimetrics is a care management company with the leading solution to help prevent diabetic foot ulcers (DFU), one of the most debilitating and costly complications of diabetes. On behalf of payers and at-risk providers, we send high-risk patients our FDA-cleared, cellular-connected SmartMat. After placing their feet on the mat for just 20 seconds a day, patients’ data are automatically sent to our care management team that triages any concerning findings. By combining cutting-edge technology with best-in-class care management, Podimetrics earns high engagement rates from patients and allows clinicians to achieve unparalleled outcomes saving limbs, lives, and money. Founded in 2011 by a physician and engineers from MIT and Harvard, Podimetrics is headquartered in Somerville, MA and backed by Norwich Ventures, Scientific Health Development, and Rock Health. For more information, go to www.podimetrics.com or follow us on Twitter @podimetrics.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$98.25M
Podimetrics has raised a total of $98.25M in funding over 2 rounds. Their latest funding was raised on Nov 22, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 22, 2022 Debt Financing $25M 1 CIBC Innovation Banking Detail
Mar 24, 2022 Series C $45M 5 D1 Capital Partners Detail
Aug 19, 2020 Series B $8M 4 Detail
Dec 10, 2019 Series B $3.15M 1 Polaris Partners Detail
May 9, 2019 Series B $13.40M 4 Norwich Ventures
Rock Health
Detail

Investors

Number of Lead Investors
Number of Investors
5
8
Podimetrics is funded by 8 investors. CIBC Innovation Banking and D1 Capital Partners are the most recent investors.
Investor Name Lead Investor Funding Round
CIBC Innovation Banking Yes Debt Financing
D1 Capital Partners Yes Series C
Koa Labs Series C
Medtech Convergence Fund Series C
Polaris Partners Series C
Scientific Health Development Partners Series C
Norwich Ventures Series B
Rock Health Series B

Employee Profiles

Number of Employee Profiles
10
Podimetrics has 10 current employee profiles, including Advisor Jeff Engler
Advisor
Board member
Executive
Board member
Board member