Glooko
Founded Year
2010Stage
Series D | AliveTotal Raised
$102.5MLast Raised
$30M | 1 yr agoAbout Glooko
Glooko's universal diabetes software products provide insights to improve outcomes for people with diabetes and their care teams. Glooko's systems synchronize data from more than 190 diabetes devices and activity trackers, and they deliver integrated, timely and useful patient data, including glucose levels, blood pressure, weight, and food, insulin and medication intake.
Glooko Headquarter Location
411 High St.
Palo Alto, California, 94301,
United States
650 720-5310
ESPs containing Glooko
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
These companies facilitate the electronic collection and transmission of patient data outside of a healthcare setting. Solutions include wearable devices as well as software and services that can often be tailored to specific conditions, such as diabetes, congestive heart failure, and hypertension.
Glooko named as Leader among 12 other companies, including Huma, TytoCare, and Eko.
Glooko's Products & Differentiation
See Glooko's products and how their products differentiate from alternatives and competitors
Glooko Enterprise
High security RPM platform/patient app for managing chronic conditions fully integrated into health systems' EMR systems and payors population health systems
Differentiation
Device agnostic (hundreds of integrations with diabetes, fitness, blood pressure devices), full RPM capabilities, full EHR integration options
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Differentiation
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We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.
Differentiation
We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.
Research containing Glooko
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Glooko in 4 CB Insights research briefs, most recently on Dec 23, 2020.
Expert Collections containing Glooko
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Glooko is included in 8 Expert Collections, including Digital Health.
Digital Health
13,489 items
Companies developing and enabling evidence-based, software-driven therapeutic interventions to prevent, manage, or treat a medical disorder or disease. (*Scope follows the Digital Therapeutics Alliance definition)
Digital Health 150
150 items
2019's cohort of the most promising digital health startups transforming the healthcare industry
Value-Based Care & Population Health
1,049 items
The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.
Medical Devices
11,634 items
Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.
Diabetes
1,750 items
Telehealth
2,833 items
Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.
Glooko Patents
Glooko has filed 4 patents.
The 3 most popular patent topics include:
- Blood tests
- Diabetes
- Implants (medicine)
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
11/1/2016 | 8/6/2019 | Diabetes, Insulin therapies, Sensors, Blood tests, Body fluids | Grant |
Application Date | 11/1/2016 |
---|---|
Grant Date | 8/6/2019 |
Title | |
Related Topics | Diabetes, Insulin therapies, Sensors, Blood tests, Body fluids |
Status | Grant |
Latest Glooko News
May 29, 2022
Sharper data collection is key to better insurance CX 3 minutes read We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today ! Digital transformation has been one of insurance companies’ key priorities recently. The promises big data and analytics hold for quote citation, risk analysis and underwriting efficiency are immense. Yet, many insurers struggle to leverage the wealth of customer data they can access. This issue isn’t as much about infrastructure needs as it is about data collection processes. Customers these days are digital natives, as evident in a study conducted by EY. Two out of three customers prefer digital interactions and about 80% of respondents said they bought insurance online. Social media, wearables, telematics, agent interactions and smart homes are just some data sources insurers can mine. Yet, manual processes and outdated workflows prevent insurance companies from designing memorable customer experiences (CXs). By reworking their data collection methods in the following ways, insurance companies may be able to transform their businesses. Faster customer onboarding for insurance The typical insurance customer onboarding process is tedious. The customer fills out multiple forms, requests a quote, provides a ton of medical paperwork, responds to insurance agent requests for more paperwork and finally signs forms manually before mailing them to the company. This process can take anywhere between a few weeks and one month to complete. Comparing prices is impossible with such processes, since insurers struggle to offer comparisons without the requisite paperwork in place. Consumer demand for aggregators indicates the hunger for easy online comparison and insurers are failing to fill this void. A digital onboarding experience eliminates these hassles and seamlessly connects agent needs to consumer data. For instance, an online form can capture relevant consumer information, centralize data storage and automatically screen applicants for further information requests. Companies can identify risk thresholds based on customer inputs and request documents or issue quotes within a few days time. Underwriters can make quick decisions since all customer data is centralized. Thus, not only is customer experience seamless, backend processes benefit too. Quote timelines are even longer in business-to-business (B2B) insurance cases, taking three to six months. Digitally upgrading data collection processes can help reduce onboarding time from months to weeks, boosting profits and creating a scalable digital process. Offering agile plans Customers are also short on patience these days. With the wealth of options available to them, consumers are highly attuned to receiving less-than-ideal services from their insurers. From the insurer’s perspective, the easiest way to guarantee steady underwriting revenue is to boost loyalty. Most insurers resort to price discounts as a means of building loyalty. However, all this does is force customers to view insurance as a commodity. Insurers often struggle to communicate the value underlying their policies due to a lack of data surrounding customer value drivers. Data offers companies the potential to create highly customized and agile products. For instance, a healthcare insurer can leverage wearables data to segment their customers and assign risk parameters. These datasets can transform granular processes such as entering information in forms. Insurers can pre-fill data and collect only what is necessary. Moving away from manual data collection is the key. Nurnberger insurance faced a challenge in this regard. Their customers demanded flexible products, but the company lacked the insights to offer value-driven and profitable plans. By centralizing customer data and collecting relevant information, companies can boost brand loyalty through highly agile policies. Customers can pause, adjust, or cancel insurance plans to suit their needs. The company has used data to shift power to their customers, allowing them to input their needs, reducing agent workloads and automating tedious underwriting risk analysis. Thus, the benefits are two-fold. Not only are customers more loyal, but Nurnberger’s operational costs have decreased, boosting their margins and potentially helping them achieve free float. Reduce consumer healthcare costs The insurance marketplace has evolved with changing customer attitudes. Consumers these days demand cost-effective healthcare and expect insurers and healthcare providers to leverage technology to achieve this goal. Healthcare provider Atrius Health needed a way to monitor their diabetes patients. Their objectives were to encourage greater self-care, manage health between visits and improve patient satisfaction scores. Given their vast customer base, manually conducting in-person screenings to adopt a proactive monitoring stance was impossible. Glooko’s remote health monitoring services, powered by wearable technology, help Atrius monitor vast quantities of patient data such as blood glucose levels, exercise activity and carbohydrate levels on a central platform. Glooko also removes data silos and presents care providers with a full picture of patient health. Better data collection for better insurance customer experience Customer satisfaction is intricately linked to data collection. The more seamless data collection is, the better the customer experience is. Customers feel less intimidated sharing data and do less work. In turn, care providers can adopt proactive health management solutions, lowering healthcare costs for patients and operational costs for their businesses. Tal Daskal is the CEO and cofounder of EasySend. DataDecisionMakers Welcome to the VentureBeat community! DataDecisionMakers is where experts, including the technical people doing data work, can share data-related insights and innovation. If you want to read about cutting-edge ideas and up-to-date information, best practices, and the future of data and data tech, join us at DataDecisionMakers. You might even consider contributing an article of your own!
Glooko Web Traffic
Glooko Rank
When was Glooko founded?
Glooko was founded in 2010.
Where is Glooko's headquarters?
Glooko's headquarters is located at 411 High St., Palo Alto.
What is Glooko's latest funding round?
Glooko's latest funding round is Series D.
How much did Glooko raise?
Glooko raised a total of $102.5M.
Who are the investors of Glooko?
Investors of Glooko include Canaan Partners, Mayo Clinic Ventures, Georgian Partners, Insulet, Novo Nordisk and 20 more.
Who are Glooko's competitors?
Competitors of Glooko include BeatO, DIABNEXT, Dnurse, TidePool, Doctomatic and 15 more.
What products does Glooko offer?
Glooko's products include Glooko Enterprise and 2 more.
Who are Glooko's customers?
Customers of Glooko include University of Michigan and Sharp Rees Steely.
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