Philia Labs

What Philia Labs does

Philia Labs is a Melbourne-based digital health company founded in 2018 that develops wearable biometric solutions for workplace mental fitness monitoring. The company pairs the third-party Biostrap Evo wrist-worn sensor (20-hour battery, Bluetooth, sleep-capable strap) with proprietary algorithms to capture physiological stress biomarkers and sleep data, surfaced through a four-step "Mental Fitness Indicator" workflow (Wear, Connect, Monitor, Insights). The platform is positioned as a preventative alternative to subjective, manual mental health assessment methods and is designed to integrate with employer safety and risk management systems for real-time monitoring and proactive intervention. Beyond general workplace wellness, the company publicly brands around augmenting autism health with objective biometrics, indicating an emerging specialization in neurodivergent populations alongside broader enterprise mental fitness use cases.

The technical stack centers on continuous biometric capture and clinically validated algorithms compliant with medical device development standards, supporting predictive analytics on stress and anomaly detection on biometric patterns. Cloud infrastructure is delivered through AWS, and hardware integration is anchored on Biostrap as the primary device partner. Research and validation partners include Monash University, Deakin University and Baker Heart and Diabetes Institute, with commercialization support from MedTech Actuator, Commercial Eyes and the Medical Device Partnering Program. IP is concentrated in multiple wearable sensor and analytics patents held by CEO and co-founder Dilpreet Buxi, with prior R&D and commercialization experience at IMEC, Philips, and Monash University across the founding team.

The business model is B2B enterprise sales of hardware-plus-software subscriptions targeting employer customers, with pricing not publicly disclosed and a contact-based sales motion. Revenue is not disclosed; reported headcount is 1-10, with named leadership comprising Dilpreet Buxi (CEO), Alexander Senior (CPO), and a Data Engineer. The company has received one disclosed early-stage funding round (approximately A$394,698 in 2019 from Artesian VC and MedTech Actuator) and operates regionally within Australia with no parent company, no institutional PE/VC ownership disclosed beyond the 2019 investors, and no merger, acquisition, or restructuring activity on record.

Name

Philia Labs

Legal name

Philia Labs

Website

https://philialabs.com.au

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Philia Labs is an Australian digital health company developing wearable biometric mental fitness solutions for enterprises. It combines the Biostrap Evo sensor with proprietary algorithms to deliver objective stress and sleep monitoring, focusing on neurodivergent individuals.

Ownership category

akta.pro rank

Product category

Workplace Mental Health Monitoring

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

SIC

Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

Behavioral Health & Neurocognitive Therapeutics (Digital) (HLACANAI)

akta.pro secondary industries

Behavioral Health & Substance Use Remote Monitoring (HLACAFAD), Neurological Monitoring (EEG, Seizure/Sleep/Neuro Wearables) (HLAHACAE)

Keywords

• Workplace mental fitness
• Wearable biometrics
• Stress monitoring
• Employee wellbeing
• Mental health analytics

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Wearable Hardware and Software Subscription: Philia Labs provides workplace mental fitness solutions through wearable biometric devices (Biostrap Evo) combined with monitoring software. The business model appears to be B2B enterprise software with hardware component, likely structured as recurring subscription for workplace mental fitness monitoring services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Philia Labs provides a preventative workplace mental fitness solution that combines a wearable biometric sensor (Biostrap Evo) with a proprietary software platform that captures physiological stress and sleep data, applies clinical-grade algorithms, and delivers real-time monitoring and predictive insights to help enterprises identify, quantify, manage, and mitigate mental health risks among employees.

Product overview

Philia Labs offers a preventative mental fitness solution combining hardware and software: the Biostrap Evo wearable biometric sensor paired with a Mental Fitness Indicator software platform. Users wear the Biostrap Evo sensor to capture physiological stress biomarker data via a comfortable wrist-worn device, which syncs via Bluetooth to the platform. The 4-step process (Wear, Connect, Monitor, Insights) enables real-time monitoring of stress and sleep, with predictive analytics providing objective biometric insights. The platform targets workplace mental health and is designed for neurodivergent individuals, offering clinically validated data to augment mental health interventions.

Differentiator

Problem solved

Functional benefit

Products and services

• Biostrap Evo Wearable A wearable biometric sensor device that captures physiological data including heart rate variability and sleep metrics; features 20-hour battery life, Bluetooth connectivity, and a comfortable strap design for continuous wear including during sleep.
• Mental Fitness Indicator Platform A preventative mental fitness software platform with a 4-step process: Wear (sensor data capture), Connect (Bluetooth sync), Monitor (real-time tracking), and Insights (predictive analytics). Provides clinically validated biometrics of mental fitness for workplace mental health management, integrating with safety and risk management systems for enterprise deployment.

Quantifiable outcome

• Helping employees leave work feeling better than when they arrived

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Commercial EyesminorStrategic or Co-development PartnerPartner logo displayed on website indicating strategic collaboration in commercial healthcare technology.
• MedTech ActuatorminorStrategic or Co-development PartnerPartner logo displayed indicating collaboration in medical technology development and actuation.
• Monash UniversitycoreStrategic or Co-development PartnerUniversity partnership indicated by logo display; founders have experience working with Monash University in innovation and commercialization.
• Baker Heart and Diabetes ResearchminorStrategic or Co-development PartnerMedical research organization partnership indicated by logo display for cardiac and metabolic research collaboration.
• AWScoreTechnology or IntegrationAmazon Web Services cloud infrastructure partnership for data storage, processing, and scalable cloud services.
• Deakin UniversityminorStrategic or Co-development PartnerUniversity partnership indicated by logo display for research and development collaboration.
• Medical Device Partnering ProgramcoreStrategic or Co-development PartnerStrategic partnership program supporting medical device development and commercialization.
• BiostrapcoreTechnology or IntegrationBiostrap provides the wearable hardware device (Biostrap Evo) used for biometric data capture; primary technology integration partner.

Recent moves5 records

Expansion highlights5 records

Direct peers

• Biostrap: Biostrap is the manufacturer of the Biostrap Evo wearable that Philia Labs relies on for biometric capture. It is both the hardware partner and a direct adjacent competitor offering its own biometric and sleep/recovery analytics to consumers and researchers.
• Whoop: Whoop is a subscription wearable that continuously tracks HRV, sleep and strain/stress for recovery insights. It targets athletes and increasingly workplace and military use cases, directly competing in continuous biometric stress and sleep monitoring.
• Oura: Oura is a smart ring that tracks sleep, HRV, readiness and stress. Its enterprise and health-focused positioning around continuous biometric monitoring closely mirrors Philia Labs' wearable-driven mental fitness thesis.
• Lyra Health: Lyra Health is a workplace mental health platform connecting employees to therapy and coaching. It targets the same employer buyer as Philia Labs but delivers care rather than continuous biometric monitoring.
• Spring Health: Spring Health is an employer mental health benefit platform offering assessments, therapy and coaching. It competes with Philia Labs for the same mental-health line item in enterprise benefits budgets.
• Modern Health: Modern Health is a global mental health platform for employers, combining self-service, coaching and therapy. It is a comparable B2B enterprise channel partner for workplace mental fitness spend.

Emerging players

• Empatica: Empatica builds clinical-grade wearable sensors and digital biomarkers for stress, sleep and neurological conditions. It overlaps with Philia Labs on biometric wearables for stress and sleep with regulatory-grade claims, but is more focused on clinical trials and epilepsy.

Broad incumbents

• Garmin: Garmin's wearables include Body Battery, stress tracking and advanced sleep monitoring on enterprise-ready smartwatches. As a large incumbent with deep distribution and health features, it competes for the same workplace wearable budgets as Philia Labs.
• Fitbit (Google): Fitbit, now under Google, offers stress management, sleep score and readiness features on consumer wearables with enterprise health programs. It competes for corporate wellness budgets with continuous biometric monitoring at scale.
• Headspace Health: Headspace offers consumer and employer mental wellbeing products including the Headspace for Work B2B platform and the Ginger virtual care offering. It competes for enterprise mental health budget with a broader wellbeing portfolio rather than biometric monitoring.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/philia-labs

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

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 Philia Labs