Athelas

Athelas

Healthcare technology solutions for medical efficiency

About

Athelas enhances efficiency in medical practices by providing healthcare technology solutions. Its main product simplifies the blood draw process for clozapine patients, delivering laboratory-accurate results in minutes at the point of care. This approach reduces the time and effort typically required for traditional blood draws. Additionally, Athelas offers 'Scribe,' a tool that minimizes documentation time for healthcare professionals, allowing them to concentrate more on patient care. Unlike many competitors, Athelas focuses on streamlining specific processes in healthcare, which helps providers save time and reduce waste. The company's goal is to improve the overall patient experience and support clinical decision-making by optimizing healthcare workflows.

Company Stage

Series B

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$151.9M

Headquarters

Mountain View, California

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • Athelas' merger with Commure creates a $6B healthcare infrastructure company.
  • The demand for point-of-care testing is expected to reach $50 billion by 2025.
  • Athelas is the fastest-growing remote patient monitoring platform in the country.

What critics are saying

  • Integration challenges with Commure's systems could delay merger benefits.
  • Rapid expansion may lead to operational inefficiencies if not managed properly.
  • The healthcare technology market is highly competitive, risking Athelas' market share.

What makes Athelas unique

  • Athelas offers FDA-cleared blood diagnostic devices for home use.
  • The company provides a unique solution for clozapine patients' blood draw regimen.
  • Athelas' Scribe tool reduces documentation time, enhancing patient care.

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Growth & Insights
Headcount

6 month growth

29%

1 year growth

119%

2 year growth

151%

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