Proteus Digital Health
ClosedPioneering a new category of digital medicine
Redwood City, United States · Founded 2001 · $309.9M raised
- Headquarters
- Redwood City, California
- Employees
- 201–500
- Founded
- 2001
- Business Model
- B2B
- Website
- proteusdigitalhealth.com
- Total Funding
- $309.9M
- Last Round
- $50.0M Series G+Apr 2016
- Rounds
- 4
About
Proteus Digital Health was a Redwood City, CA-based digital health company founded in 2001. The company developed FDA-cleared ingestible biosensors embedded in pills that communicated with a wearable patch to confirm medication ingestion. Once valued at $1.5 billion, Proteus filed for Chapter 11 bankruptcy in June 2020. Its assets were subsequently acquired by Otsuka Pharmaceutical in August 2020.
Summary
Proteus Digital Health is a Digital Health company based in Redwood City, United States, founded in 2001. It has raised $309.9M in total across 4 rounds, most recently a $50.0M Series G+ round in Apr 2016.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Aug 2020
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