Clip Health

What Clip Health does

Clip Health is a health-technology company founded in 2014 and headquartered in Fremont, California, that designs, manufactures, and distributes products for decentralized health testing. The company's stated mission is to move diagnostic testing out of centralized laboratories and into point-of-care or consumer-facing settings, implying a hardware-plus-consumables product model (devices paired with test cartridges or kits) rather than a pure software offering.

The company has raised approximately $53.6M in cumulative disclosed funding across multiple rounds between 2014 and 2021, with the two largest — roughly $28.6M in October 2020 and $12.9M in October 2021 — providing the capital base for product development, regulatory work, and commercial scaling. Clip Health's earliest institutional backing came from Y Combinator in 2016, followed by Ground Squirrel Ventures in 2018. The leadership team consists of co-founders Bala Raja (CEO) and Andrew Paterson (CTO), supplemented by a Head of Product, Rahil Jain. Total headcount is reported in the 11-50 range, indicating a small operating team.

The company's revenue model is not disclosed in the available data; plausible mechanics include direct sales of testing hardware and consumables to clinical, employer, education, or at-home channels, but no pricing, customer logos, or segment mix is publicly stated. The corporate website currently displays only a loading/verification screen, and no recent product launches, partnerships, or customer wins have been disclosed in the input, leaving the company's present commercial posture unclear.

Name

Clip Health

Website

https://cliphealth.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Clip Health is a Fremont, California health-technology company that designs, manufactures, and distributes decentralized diagnostic testing products for point-of-care and consumer health-testing use cases.

Ownership category

akta.pro rank

Product category

Medical Diagnostic Devices

NAICS

In-Vitro Diagnostic Substance Manufacturing (325413)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Remote Diagnostics & Home Testing Devices (Connected POC/At-Home Diagnostic Readers) (HLAHACAL)

akta.pro secondary industries

Personal Medical Devices & Home Diagnostics (Thermometers, Blood Pressure Monitors, Glucose Meters, Rapid Tests) (CRADAMAK), Remote Diagnostics & Point-of-Care (Connected Testing, Home Lab Devices) (HLACAPAK)

Keywords

• Decentralized health testing
• Diagnostic devices
• Point-of-care testing
• Medical device manufacturing
• Health diagnostics

Headquarters

HQ city

Fremont

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Core offering

Clip Health designs, manufactures, and distributes products for decentralized health testing. The company operates as a health-tech firm focused on enabling diagnostic testing outside of centralized laboratory environments through its own manufactured product line.

Differentiator

Problem solved

Functional benefit

Products and services

• Decentralized health testing products

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Emerging players

• Scanwell Health: Scanwell (acquired by BD) developed smartphone-based at-home diagnostic tests, representing an emerging alternative to dedicated hardware readers — a direct adjacent approach to Clip Health's reader-and-cartridge model.
• Atomo Diagnostics: Atomo designs integrated rapid diagnostic test devices (HIV, COVID) combining a lancet, buffer, and test strip in a single handheld unit, comparable to Clip Health's user-friendly decentralized testing philosophy.

Broad incumbents

• Becton Dickinson (BD): BD's Diagnostic Systems segment (BD Veritor, BD Max) supplies rapid and molecular POC diagnostics to hospitals, urgent care, and retail clinics, representing the kind of scaled incumbent Clip Health must compete against in decentralized testing.
• Abbott (Diagnostics): Abbott's diagnostics arm (BinaxNOW, ID NOW, Panbio) is the dominant incumbent in rapid and point-of-care testing, with the retail presence, regulatory scale, and assay breadth that Clip Health competes against.
• QuidelOrtho: QuidelOrtho (formed via merger of Quidel and Ortho Clinical Diagnostics) produces the Sofia rapid antigen platform and a broad immunoassay menu, competing with Clip Health in both professional POC and emerging consumer-at-home segments.

Direct peers

• Cue Health: Cue Health develops and manufactures connected at-home molecular diagnostic tests (e.g., Cue COVID-19) and is the most direct hardware-and-consumables competitor to Clip Health's decentralized testing platform.
• Access Bio: Access Bio produces rapid diagnostic tests (malaria, infectious disease, COVID) distributed globally, comparable to Clip Health as a focused decentralized/point-of-care diagnostics manufacturer.
• ACON Laboratories: ACON manufactures a wide range of rapid diagnostic tests (COVID, pregnancy, drugs of abuse) for retail and professional channels, competing with Clip Health on both shelf and point-of-care test menus.
• Ellume: Ellume developed at-home digital immunoassay diagnostic tests (COVID, flu) with a connected reader, directly overlapping Clip Health's product approach of combining a hardware reader with disposable test cartridges.
• Lucira Health: Lucira (now part of Pfizer) made a single-use at-home PCR molecular diagnostic device for COVID-19 and influenza, directly competing with Clip Health in connected home testing hardware.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds17 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clip Health