# SystemOne

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

- Industry: Software
- Headquarters: Northampton, US
- Website: www.systemone.id
- Total disclosed funding: $5M
- Latest round: Series A (Oct 9, 2018)
- Investors on record: 3

## About

SystemOne is a provider of advanced connectivity solutions for medical devices, enhancing diagnostic testing and pandemic preparedness through innovative software platforms and applications.Founded in 2012 and headquartered in Northampton, US, SystemOne specializes in advanced connectivity for medical devices. The company has undergone no significant pivots but has attracted investment interest, culminating in a Series A funding round in October 2018, raising USD 5.00 mn led by TPG and supported by EchoVC Partners and B&Y Venture Partners. The CEO, Christopher Macek, has a history of leadership within the technology sector.SystemOne LLC specializes in providing advanced connectivity solutions for medical devices, focusing on enhancing diagnostic testing capabilities and improving pandemic preparedness. Their core offerings include the Aspect Software Platform and Aspect Mobile App, which facilitate the integration of central lab and point-of-care devices. These products enable real-time data transmission of clinical results and operational data to healthcare providers, allowing for timely patient alerts and treatment confirmations. SystemOne's solutions are employed in over 40 countries, serving clinics, laboratories, and health programs, particularly in regions with limited access to efficient diagnostic services. The company addresses critical public health needs by ensuring that diagnostic information reaches the right stakeholders swiftly, thereby reducing the loss to follow-up rates and improving overall patient outcomes.SystemOne operates on a business model that involves subscription-based services for its software platforms, along with potential partnerships with NGOs, government agencies, and healthcare providers. This transactional structure enables clients to access robust diagnostic connectivity solutions tailored to their specific needs, such as managing clinical data and optimizing supply chains. Revenue streams are generated through the provision of software services, potentially coupled with training and support for end-users. The company’s flagship products, the Aspect Software Platform and Aspect Mobile, contribute to its revenue by streamlining laboratory operations and enhancing patient care delivery across various geographical markets.SystemOne aims to utilize the USD 5.00 mn raised in Series A funding to enhance its product offerings and expand its reach. The company is exploring the development of new features for its Aspect Software Platform and Mobile App, with planned upgrades expected to be launched by late 2023. Additionally, SystemOne intends to enter new markets in Southeast Asia and Africa by 2024, where there is a demand for improved diagnostic connectivity solutions. The recent funding will support development efforts and market entry strategies, enabling SystemOne to better serve healthcare needs in these regions.

## Funding rounds

- Series A, Oct 9, 2018, $5M — TPG, EchoVC Partners, B&Y Venture Partners

## Investors

- TPG (https://capitalatlas.ai/funds/tpg) — Series A
- EchoVC Partners (https://capitalatlas.ai/funds/echovc-partners) — Series A
- B&Y Venture Partners (https://capitalatlas.ai/funds/b-y-venture-partners) — Series A