Ostro

Ostro

AI-driven personalized healthcare solutions

About Ostro

Simplify's Rating
Why Ostro is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Seed

Total Funding

$69.4M

Headquarters

Miami, Florida

Founded

2019

Overview

Ostro operates at the forefront of the healthcare technology sector, specializing in personalized healthcare journeys. It embraces cutting-edge AI and ML technologies to ensure compliance with PRC-approved content and offers unique tools like Ostro Navigate for personalization and Ostro Attribute for detailed analytics. This focus on technological sophistication and compliance assurance, combined with its commitment to advancing personalized healthcare experiences, makes it an attractive workplace for professionals looking to impact the healthcare industry positively while working with the latest technology.

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Simplify's Take

What believers are saying

  • Ostro's revenue grew by over 250% recently, indicating strong market demand.
  • The $45 million Series B funding boosts Ostro's expansion and innovation capabilities.
  • Ostro's collaboration with CooperSurgical enhances its reputation in patient-centric solutions.

What critics are saying

  • Emerging health tech startups pose a threat to Ostro's market share.
  • Data privacy concerns could impact Ostro's operations and consumer trust.
  • Departure of key executives may affect Ostro's strategic direction and leadership stability.

What makes Ostro unique

  • Ostro offers personalized healthcare journeys enhancing consumer and HCP engagement.
  • Partnerships with companies like CooperSurgical highlight Ostro's focus on patient education.
  • Ostro's platform bridges the gap between medicine makers and consumers effectively.

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Funding

Total Funding

$69.4M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Unlimited Paid Time Off

Health Insurance

Dental Insurance

Vision Insurance

Home Office Stipend

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-3%

2 year growth

-2%
News Break Middle East
Jun 6th, 2023
ODAIA Adds Demonstrated Industry Talent Following Successful Series B | News Break! Middle East

Diefenbach joins ODAIA from Ostro, where he was Senior Vice President.

Ostro Health
May 16th, 2023
Ostro | CooperSurgical® and Ostro Named Best Patient Education Solution in the 7th Annual MedTech Breakthrough Awards

“Ostro is so proud to partner with CooperSurgical on their initiative to improve patient centricity and access to care,” said Ahmed Elsayyad, President, Ostro.

PR Newswire
Jan 4th, 2023
Ostro grows annual revenue by over 250%, closes Series B funding, celebrates co-founder

At the same time, Ostro launched a new website and brand identity, grew annual revenue by over 250%, increased the employee base by 50%, and closed an additional $45 million in funding from Founders Fund, Byers Capital, Caffeinated Capital, Greycroft, Bling Capital, Trust Ventures, and RRE Ventures, bringing total funding to over $55M.

PR Newswire
Dec 14th, 2022
Coopersurgical® Partners With Ostro To Educate Consumers About Paragard® (Intrauterine Copper Contraceptive)

Technology partnership aims to increase engagement by educating consumers about CooperSurgical's ParagardTRUMBULL, Conn., Dec. 14, 2022 /PRNewswire/ -- CooperSurgical, Inc., a leader in women's healthcare, and Ostro , a leading engagement platform dedicated to educating and empowering consumers and healthcare providers, today announced their partnership to launch a new consumer engagement solution for CooperSurgical's hormone-free IUD, Paragard. Paragard is an FDA-approved intrauterine device that prevents pregnancy for up to 10 years."By partnering with Ostro, we are truly accelerating what's possible." - Holly Sheffield, President, CooperSurgical Tweet this CooperSurgical logo"CooperSurgical is dedicated to putting time on the side of women, babies, and families at the moments that matter the most in life. Patient education along with access to care is at the forefront of our mission," said Holly Sheffield, President, CooperSurgical. "By partnering with Ostro, we are truly accelerating what's possible. We are empowering women to take control of their future."With the implementation of the Ostro technology, Paragard will now offer consumers a more personalized experience on Paragard.com that includes the option of connecting with a live Nurse Navigator who can answer questions and assist patients in determining if Paragard may be right for them

VC News Daily
Dec 1st, 2022
Ostro Grabs $45M Funding

MIAMI, FL, RxDefine, a healthcare engagement platform changed its name to Ostro and raised an additional $45 million in funding.

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