# Althea Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/althea-systems

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.altheasystems.com
- Total disclosed funding: $3M
- Latest round: Series A (Nov 16, 2010)
- Investors on record: 1

## About

Althea Systems is a technology company focused on developing innovative software solutions for healthcare management, enhancing operational efficiency and patient care.Founded in 2009 and headquartered in Bangalore, India, Althea Systems specializes in healthcare technology solutions. In November 2010, the company raised USD 3 mn in Series A funding from Intel Capital, marking a significant milestone in its growth. The founder has a background in healthcare technology, having previously worked on various initiatives in the sector.Althea Systems offers a suite of software applications designed to streamline healthcare operations. Their products include patient management systems, data analytics tools, and integrated solutions that facilitate communication between healthcare providers and patients. These offerings aim to improve administrative processes and enhance patient outcomes through better data management and access.In the most recent financial year of 2017, Althea Systems reported a revenue of USD 0 mn, with an EBITDA of USD -4,277.3.Althea Systems plans to leverage recent funding from their Series A round to enhance product development and expand their market presence. They aim to launch new features for their software by the end of 2023, targeting healthcare providers in Southeast Asia and the Middle East for geographic expansion. The USD 3 mn raised will be utilized to support these initiatives and bolster their operational capabilities.

## Funding rounds

- Series A, Nov 16, 2010, $3M — Intel Capital

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A