Strados Labs is a technology company.
Strados Labs has raised $2.0M across 1 funding round.
Strados Labs has raised $2.0M in total across 1 funding round.
Strados Labs has raised $2.0M in total across 1 funding round.
Strados Labs's investors include SOSV.
Strados Labs is a Philadelphia-based medical technology company developing the RESP® Biosensor, a wearable stethoscope and respiratory monitor that continuously captures lung sounds like cough, wheeze, and crackle in real-world settings.[1][2][3] It serves clinicians, researchers, and patients with chronic respiratory diseases such as COPD, asthma, and cystic fibrosis, solving the challenge of limited visibility into daily respiratory health by providing objective, timestamped data via a secure cloud platform for remote analysis and reporting.[1][2][4] The platform enables better patient management, earlier detection of exacerbations, and improved clinical trial outcomes for drug development, with devices used across 34 countries and backed by FDA 510(k) clearances, CE mark, and HIPAA compliance.[1][3][4] The company has raised $11.23 million at an $18.32 million valuation and maintains strong growth through 2025 research collaborations.[2][3]
Strados Labs was founded in 2016 in Philadelphia by Nick Delmonico (CEO, former accounting/finance professional pursuing an MBA in healthcare management at Temple University) and Richard Powers (Chief Product Officer, former CIO at medical device firm Endotronix, MBA '08 from Georgia Tech).[2][5] The idea emerged at a 2016 health hackathon hosted by Independence Blue Cross and Thomas Jefferson University, where Delmonico tested his concept for a wearable lung sound monitor; the team's prototype provided initial proof-of-concept, confirming feasibility in a collaborative, fast-paced environment.[2] Early traction came from partners like Ben Franklin Technology Partners, Trialogics, and Clario, evolving from hackathon validation to FDA-cleared products with global deployment and clinical publications.[2][3][7]
Strados Labs rides the wave of digital health and remote patient monitoring (RPM), addressing chronic respiratory diseases affecting over 300 million globally—the leading causes of hospitalization and death—by shifting from episodic clinic assessments to continuous, objective data in daily life.[3][4] Timing aligns with post-pandemic demand for telehealth, wearable tech proliferation, and regulatory support for FDA-cleared digital measures in clinical trials, enabling pharma to better assess treatment efficacy amid rising RPM adoption.[2][4][6] Market forces like aging populations, air quality issues, and AI integration favor its growth, as it influences the ecosystem by validating wearables for real-world evidence, reducing hospitalizations, and accelerating respiratory drug development through partners like RWJBarnabas Health.[1][3]
Strados Labs is poised to expand its RESP® platform through ongoing 2025 studies and potential new clearances, targeting broader adoption in clinical trials and home monitoring for underserved respiratory populations.[3] Trends like AI-enhanced analytics, global RPM reimbursement, and integration with EHRs will shape its trajectory, potentially scaling to new indications beyond COPD/asthma. Its influence may evolve from niche innovator to ecosystem standard-setter, delivering the continuous respiratory insights that redefine patient care from hackathon spark to global impact.[2][6]
Strados Labs has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in May 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2019 | $2.0M Seed | SOSV |