# EllieGrid

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elliegrid

- Industry: Healthcare IT
- Headquarters: Houston, US
- Website: www.elliegrid.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Jun 1, 2018)
- Investors on record: 1

## About

EllieGrid Inc. focuses on innovative medication management solutions through its Smart Pill Organizer, enhancing user adherence with technology and personalized alert systems. Their product integrates with mobile applications for seamless user experience.Founded in 2015, EllieGrid Inc. is based in Houston, US, and specializes in medication management technology. The company was co-founded by Abe Matamoros, Hieu Nguyen, and Regina Vatterott. In June 2018, EllieGrid raised USD 0.15 million in SEED funding, led by Quake Capital Partners, bringing their total funds raised to USD 0.15 million. The firm has been involved in 2 total deals.EllieGrid's primary product is the Smart Pill Organizer, known as Ellie, which organizes medication by type and connects via Bluetooth to an app for programming reminders. It serves individuals needing regular medication, including chronic patients and athletes. Additional features like Remote Therapeutic Monitoring are available, catering to healthcare providers seeking improved patient adherence.EllieGrid generates revenue through the direct-to-consumer sales of the Ellie Smart Pill Organizer and subscription services for EllieGrid Plus and Premium offerings. Customers can buy the device directly, while subscription fees apply for enhanced features that offer medication adherence reports and notifications for missed doses. This model attracts a variety of consumers, supported by partnerships for Remote Therapeutic Monitoring services.EllieGrid plans to leverage its recent SEED funding of USD 0.15 million raised in June 2018 to support the development and launch of new product features in the coming year. The company is also exploring expansion into new markets beyond the U.S., targeting Europe and Asia by 2025. The funding will facilitate product innovation and entry into these new regions, enhancing their market presence.

## Funding rounds

- Seed, Jun 1, 2018, $0.1M — Quake Capital Partners

## Investors

- Quake Capital Partners (https://capitalatlas.ai/funds/quake-capital-partners) — Seed
