Sibel Health

Sibel Health

Develops advanced medical monitoring sensors

About Sibel Health

Simplify's Rating
Why Sibel Health is rated
B-
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Healthcare

Company Size

51-200

Company Stage

Series C

Total Funding

$82.8M

Headquarters

Evanston, Illinois

Founded

2018

Overview

Sibel Health focuses on enhancing patient outcomes through medical monitoring solutions. Its main product, the ADAM sensor, captures detailed physiological data using features like a three-axis accelerometer, gyroscope, temperature sensing, and Bluetooth Low Energy technology, all within a waterproof, medical-grade silicone casing. The sensor is designed for single-use and adheres gently to the skin for continuous monitoring. Sibel Health serves healthcare providers, clinical researchers, and hospitals with FDA-cleared devices, ensuring compliance with regulatory standards. The company generates revenue from sensor sales and data-driven insights that assist healthcare providers in making informed clinical decisions. Sibel Health's goal is to provide better health data for proactive monitoring and intervention, ultimately improving patient outcomes in both clinical trials and everyday medical care.

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Funded Recently
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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Sibel Health secured $30M in Series C funding to expand operations and R&D.
  • The Gates Foundation grant supports expansion of maternal monitoring in low-income countries.
  • Collaboration with Medidata enhances clinical trial data collection and analysis capabilities.

What critics are saying

  • Increased competition from emerging startups threatens Sibel Health's market share.
  • Reliance on FDA clearances could delay product launches and market entry.
  • Global economic downturn may limit adoption of Sibel Health's monitoring systems.

What makes Sibel Health unique

  • Sibel Health's ADAM sensor offers advanced features like a three-axis accelerometer and gyroscope.
  • The ANNE One platform complies with IEEE SDC 11073, ensuring device interoperability.
  • Sibel Health's FDA-cleared devices meet stringent regulatory standards, enhancing trust and adoption.

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Funding

Total Funding

$82.8M

Meets

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Professional Development Budget

Unlimited Paid Time Off

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

5%

2 year growth

4%
Bizjournals
Mar 21st, 2025
The Beat: Sibel Health secures major funding boost

Sibel Health announced Thursday that it has closed on $30M in Series C funding led by the Steele Foundation for Hope with significant participation by Dräger.

Webrazzi
Mar 21st, 2025
Sibel Health secures $30M Series C funding

Sibel Health, a remote patient monitoring startup, secured $30 million in a Series C funding round led by Steele Foundation for Hope, with participation from Dräger. Previously, in August 2022, the company received $33 million from the same foundation. Sibel Health also received a $17.5 million grant from the Bill & Melinda Gates Foundation. The new funds will be used to expand operations and advance R&D.

Our Health Needs
Mar 20th, 2025
Sibel Health secures $30M, seventh FDA clearance

Patient monitoring company Sibel Health, a spin-out of Northwestern University, closed a $30 million Series C equity financing round and received its seventh FDA clearance.

Finsmes
Mar 20th, 2025
Sibel Health Closes $30M Series C Financing

Sibel Health closes $30M Series C financing.

PR Newswire
Mar 20th, 2025
Sibel Health Announces Close Of New Series C Financing And New Fda 510(K) Clearance

Enabled by advanced clinical-grade wearable sensors, the ANNE® One platform offers wireless monitoring of all vital signs for patients 12 years and older. This financing is timed to Sibel's newest FDA 510(k) clearance enabling alarms and alerts along with a powerful central station. "We are especially proud of the fact that our sensors are FDA-cleared under the IEEE SDC 11073 standard, which supports open and secure communication between medical devices replacing traditional proprietary networks. Interoperability is the future and our hospital partners are increasingly demanding it," notes Jong Yoon Lee, CTO and cofounder of Sibel Health. The ANNE® One platform is one of the first medical devices to receive FDA-clearance following the IEEE SDC 11073 standard. "Without interoperability of medical devices, particularly vital signs monitors like ours, we cannot capture the broader care context and realize the full potential of AI to detect patient deterioration earlier," adds Steve Xu MD

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