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

Grant

Total Funding

$51.3M

Headquarters

Evanston, Illinois

Founded

2018

Overview

Sibel Health focuses on enhancing patient outcomes through advanced 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 (BLE) connectivity. The sensor is designed for single-use and adheres gently to the skin for continuous monitoring. Sibel Health serves a wide range of clients, including healthcare providers and hospitals, and ensures its products meet FDA standards for safety and reliability. The company differentiates itself by providing high-quality health data that supports better clinical decisions. Its goal is to enable proactive monitoring and intervention, ultimately improving patient care in both clinical trials and everyday medical settings.

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Funded Recently
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Simplify's Take

What believers are saying

  • Sibel Health received a $17.5 million grant from the Gates Foundation for maternal monitoring.
  • The company closed a $33 million Series B financing round for platform development.
  • Sibel Health's collaboration with Medidata enhances data collection for clinical trials.

What critics are saying

  • Increased competition in wearable health monitoring could threaten Sibel Health's market share.
  • Rapid AI advancements may require continuous software updates to stay competitive.
  • Supply chain vulnerabilities could disrupt production and delivery schedules.

What makes Sibel Health unique

  • Sibel Health's ADAM sensor offers advanced features like a three-axis accelerometer and gyroscope.
  • The company provides FDA-cleared devices, ensuring high regulatory standards and trust.
  • Sibel Health's sensors are designed for single-use, enhancing hygiene and reducing infection risks.

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Funding

Total Funding

$51.3M

Above

Industry Average

Funded Over

3 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

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

0%
Crain's Chicago Business
Apr 24th, 2024
Sibel Health gets Gates Foundation grant for maternal monitoring

Health tech startup Sibel Health has received a $17.5 million grant from the Bill & Melinda Gates Foundation to advance its wireless maternal and neonatal monitoring system, ANNE One, in low- and middle-income countries, or LMICs.

PR Newswire
Apr 23rd, 2024
Sibel Health Awarded A Major Grant To Advance Maternal Monitoring Solution For Low-And-Middle Income Countries.

"Sibel Health was spun out of Northwestern University and founded from an initial grant from the Bill & Melinda Gates Foundation given our commitment to maternal neonatal health. We're proud to come full circle to take that initial investment and expand our potential for impact. Losing a single mother while giving birth is one too many. Vital signs are vital—and every pregnant person deserves to have their vitals checked," said Steve Xu MD, CEO and Co-Founder of Sibel Health. "We're looking forward to adding AI-driven clinical decision support and point of care ultrasound to this platform to go well beyond monitoring in the near future ." Sibel Health, founded in 2018, has been committed to maternal health innovation being recognized by the Health Resources and Services Administration as a Phase 2 winner in their Remote Pregnancy Monitoring Grand Challenge, and most recently a finalist in the NIH's Rapid Acceleration of Diagnostics Technology (RADx® Tech) for Maternal Health Challenge.Since 2016, progress in reducing global obstetrical mortality has stalled. Currently, the goal of meeting the UN's 2030 Sustainable Development Goals of reducing maternal mortality rate to fewer than 70 out of 100,000 births is at risk

PR Newswire
Feb 7th, 2024
Sibel Announces Its 4Th Fda Clearance For Continuous Wearable Vital Signs Monitoring With Anne® One And Additional Strategic Collaboration With Ann Robert H. Lurie Children'S Hospital Of Chicago

Steve Xu MD, Co-Founder and CEO of Sibel Health, said "Our mission here at Sibel Health is to deliver Better Health Data for All®. Our zero-cable wearable platform allows patients to be fully untethered while still being continuously monitored for all core vital signs whether you're in the hospital or at home." The extension into the adolescent population is particularly important to Sibel Health, a company founded on a strong commitment to pediatric medical device development. In 2021, Sibel Health was one of 5 innovation finalists in the National Capital Consortium for Pediatric Device Innovation funded by the FDA to support advancement of pediatric medical devices. The next year Sibel Health received FDA clearance for ANNE® Pediatrics – a miniaturized version of ANNE® One—indicated for monitoring key vital signs in neonates including those born with extreme prematurity. "We want to ensure that we offer advanced wireless monitoring for all pediatric patients from neonates to adolescents. This takes us one step closer," says Anne-Séverine Lima Pimenta, General Manager of Clinical Care at Sibel Health.Sibel Health also announces a new collaboration with Ann & Robert H

PR Newswire
Oct 23rd, 2023
Sibel Health Announces The Launch Of A Powerful Physiological Monitoring Platform For Clinical Trials And New Strategic Collaborations

CHICAGO, Oct. 23, 2023 /PRNewswire/ -- Sibel Health, an award-winning digital health company, announces the release of Discovery - a powerful physiological monitoring platform designed specifically for clinical trials. The Discovery platform is a turnkey technology solution with FDA-cleared advanced wearable sensors for continuous vital signs monitoring and novel digital endpoints."We're proud to be the only monitoring solution FDA-cleared as a clinical grade sleep test at home and a continuous vital signs monitoring solution for heart rate via ECG, respiratory rate, SpO 2 , blood pressure and temperature,""It's really exciting to already see top tier pharmaceutical companies and academic institutions signing on as early adopters for our solution," says Steve Xu MD, CEO and cofounder of Sibel Health.Sibel Health is collaborating with Medidata, a Dassault Systèmes company and leading provider of clinical trial solutions to the life sciences industry, to integrate Discovery into Medidata's cloud-based platform. The integration will enable biopharmaceutical and medical device companies and clinical research organizations to collect and analyze Sibel sensor data directly from study participants and derive insights sooner. This partnership brings together the strengths and expertise of the two industry leaders – Sibel Health's cutting-edge technology and Medidata's comprehensive clinical data solutions – to revolutionize the landscape of digital health monitoring."Real world, objective data measures are promising in their ability to measure what people care about the most with their specific conditions," says Martell." This partnership represents a significant step forward in our mission to provide 'Better Data for All' and enable clinical trials to run faster with fewer study participants while providing greater clinical insights.""At Medidata, our unwavering commitment is to constantly redefine the boundaries of clinical research, all with the singular aim of expediting life-transforming treatments for patients," said Melissa Ceruolo, vice president of Engineering and Biomarker Analytics at Medidata. "By seamlessly integrating Sibel Health's pioneering monitoring capabilities and digital endpoints into our expansive platform, we are arming researchers with unprecedented tools for groundbreaking discoveries

Google News
May 10th, 2023
Sibel Health announces a new FDA-clearance for advanced wireless monitoring in neonates and infants at the International Newborn Health Conference along with a research collaboration with McGill University and Montreal Children's Hospital

Sibel Health announces a new FDA 510(k) clearance making it a leading digital health company with a comprehensive solution for home sleep diagnostics, and continuous patient monitoring for neonates, infants, and adults.

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