Last deal

Amount

Grant

Stage

01.01.2020

Date

3

all rounds

$3.62M

Total amount

date founded

Financing round

General

About Company
Scanwell Health is a urine testing app that provides same-day prescriptions for antibiotics.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2018

founders

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

Founded in 2018 by Stephen Chen, Scanwell Health is a Los Angeles-based company that develops smartphone-enabled diagnostics kits to make proactive healthcare accessible for everyone. Its flagship product is the first FDA-cleared urine testing app that provides same-day prescriptions for antibiotics, offering users easy and affordable access to same-day testing, prescriptions, and quality care. Scanwell Health's at-home medical testing with instant results empowers healthcare consumers and companies, enabling quick detection of acute illnesses and convenient monitoring of chronic diseases. The company pairs proven diagnostics with patented computer vision technology, making testing accessible to people and receiving FDA 510(k) clearance for an over-the-counter diagnostic smartphone application.
Contacts
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M&A Details
1

Acquired by

Becton, Dickinson and Company (BD)

announced date

21.12.2021

Financials

Funding Rounds
4
3

Number of Funding Rounds

$3.62M

Money Raised

Their latest funding was raised on 01.01.2020. Their latest investor Alice Zhang. Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.01.2020
1
05.11.2019
7
$3.5M
15.08.2018
1
Co-Investors
Investors
13
0

Number of lead investors

13

Number of investors

Investor 
Lead 
Round 
Partners 
Alice Zhang

Alice Zhang

CEO and Co-founder at Verge Genomics; Angel Investor in Tech-Enabled Bio

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Wei Guo

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Wei Guo, managing partner of UpHonest Capital and founder of Wei Fund, was recognized in the 2016’s Top 20 Global Cross-Border Early Stage Chinese Investors by China Venture and one of the Most Active Silicon Valley Chinese Angel Investors by China Angel Investing Summit in 2016. Washington Post called him one of “China Whispers.” Over the past three years, Wei Fund has invested in 120+ Silicon Valley startups, including six exits, and more than half have secured the next round of financing. Investors of Wei Fund include institutions such as Banyan Capital, New Horizon Fund, iResearch, LeBox Capital, Pagoda Investment and NCM China, and individual investors such as Sheng Fu, Shanyou Li, and executives from Tencent and Alibaba.

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People

Founders
1
Stephen Chen
Stephen Chen

Stephen Chen

Co-Founder and President at Learn To Be Foundation. Founder at Petnostics.

current job

Scanwell Health
Scanwell Health

organization founded

3

Stephen Chen

Employee Profiles
6
Andrew Hosford

Andrew Hosford

Head Of Engineering

Jack Jeng

Jack Jeng

Chief Medical Officer

Melissa Chou

User interface and user experience designer at scanwell health

Stephen Chen

Stephen Chen

Founder & CEO

Pavel Bozdog

Pavel Bozdog

CTO

Activity

Recent News
0