alveofit
Alveofit (Roundworks Technologies Pvt Ltd) is a Pune-based MedTech company that builds IoT-enabled handheld spirometers and AI-powered mobile apps for asthma and COPD management, serving patients, clinicians, and government public health programs across India.
- Company typePrivate
- Founded2019
- HeadquartersPune, India
- Headcount11–50
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What alveofit does
Alveofit (legally Roundworks Technologies Pvt Ltd) is a Pune, India-based connected respiratory care company founded in 2019 that develops IoT-enabled handheld spirometers and supporting mobile applications for asthma and COPD management. The company's core platform combines a patented infrared digital spirometer with a proprietary optical interface sensor (Accu-sense) measuring 30+ lung parameters, paired with Bluetooth-connected Android, iOS, and PC applications for both patients and clinicians. Its product ecosystem spans the alveoair spirometer family (Home, Clinic, MD Premium), the alveoDot smart MDI sensor for inhaler adherence, the alveoASHA digital peak flow meter, the alveoBreath analyzer, and the alveoConnect-T tele-spirometry device, all sitting on an FHIR-compliant data layer with mobile SDK and sandbox integration for EHR interoperability.
The company operates a hybrid revenue model: one-time hardware sales (alveoair device, INR 1,000–5,000 range for peak flow meters; spirometer pricing not publicly disclosed but positioned as cost-effective for emerging markets) combined with recurring subscription plans (alveoOne, alveoBase) and premium software upgrades (alveoMD Premium) sold to existing device users. Go-to-market is multi-modal: direct-to-consumer via its own e-commerce storefront and Amazon India marketplace, formal distributor and reseller partner programs, a strategic enterprise distribution channel through AstraZeneca India for hospital and clinic deployments, and government integrations via state-level National Health Mission programs across Maharashtra, Rajasthan, Assam, and Jammu & Kashmir. Target segments span home health patients, clinical practitioners, public health programs, occupational health, research, insurance, and sports medicine.
Alveofit has accumulated an unusually broad regulatory and compliance footprint for an early-stage Indian MedTech: US FDA approval, FCC certification, ISO 27001, HIPAA, HITRUST CSF, SOC 2 Type 2, and B Corp status, alongside an Indian patent granted in October 2022 for low-flow wireless handheld spirometer technology. The company has one disclosed funding event — a $200,000 round from Forge Innovation & Ventures in June 2021 — and operates with 11–50 employees, indicating a lean capital base relative to its product breadth and geographic footprint.
alveofit firmographics
Firmographics- Name
- alveofit
- Legal name
- Roundworks Technologies Pvt Ltd
- Website
- https://alveo.fit
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Alveofit (Roundworks Technologies Pvt Ltd) is a Pune-based MedTech company that builds IoT-enabled handheld spirometers and AI-powered mobile apps for asthma and COPD management, serving patients, clinicians, and government public health programs across India.
- Ownership category
- akta.pro rank
alveofit industry classification
Industry- Product category
- Connected Respiratory Diagnostics
- NAICS
- Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Analytical Laboratory Instrument Manufacturing (334516)
- SIC
- Surgical & Medical Instruments & Apparatus (3841), Laboratory Analytical Instruments (3826)
- akta.pro primary industry
- Pulmonary Function Testing (PFT) & Spirometry Equipment (HLAHAGAH)
- akta.pro secondary industries
- Respiratory & Sleep RPM (COPD, asthma, sleep apnea) (HLALAFAB), Chronic Disease Management IoT (Diabetes, CHF, COPD, Hypertension) (HLACAPAD), Remote Diagnostics & Point-of-Care (Connected Testing, Home Lab Devices) (HLACAPAK), Medication Adherence & Smart Drug Delivery (Connected Inhalers, Pens, Pill Dispensers) (HLACAPAH), Blood Oxygen & Respiratory Monitoring (Pulse Oximetry, Capnography, Spirometry) (HLAHACAD), Inhalation & Nebulization Devices (Nebulizers, Spacers, Inhaler Accessories) (HLAHAGAE)
Keywords
Where alveofit is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
alveofit business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Hardware device sales (alveoair spirometer): Outright purchase model for the alveoair digital spirometer, available online and offline, with no additional cloud costs for offline use. Also available through Amazon India.
- Subscription-based plans (alveoOne, alveoBase): Subscription-based plans (alveoOne and alveoBase) for zero-cost clinic setup, making it ideal for startups or small practices. Tiered plans for different user needs.
- Premium software upgrades (alveoMD Premium): Premium functionality upgrades sold to existing alveoair users who want enhanced clinical features.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | One time/ perpetual license | Outright device purchase with no cloud costs |
| Subscription | Annual | Subscription plans for clinic and home health |
| Subscription | One time/ perpetual license | alveoMD Premium upgrade for clinical use |
| Unit Pricing | One time/ perpetual license | Portable peak flow meters price range |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
alveofit product offering
Product offeringCore offering
alveofit (Roundworks Technologies Pvt Ltd) designs, manufactures, and sells IoT-enabled respiratory diagnostic hardware — including turbine-based spirometers, smart inhaler sensors, peak flow meters, and breath analyzers — paired with AI-driven patient and provider mobile applications and a tele-spirometry platform. Its products serve home users, clinicians, and public-health programs for lung health monitoring, with FHIR/HL7-compliant data integration into hospital and EHR systems.
Product overview
Alveofit offers a connected respiratory care platform combining IoT-enabled hardware devices with AI-powered mobile applications. The ecosystem includes alveoair spirometers (Home, Clinic, MD Premium variants) for measuring lung function, alveoASHA peak flow meter for daily monitoring, alveodot SMART sensor for inhaler adherence tracking, and alveoBreath for breath biomarker analysis. These devices connect to alveofit Patient App for home users, alveoMD Provider App for clinicians, and alveoConnect for population health analytics. Alveofit FHIR enables EHR integration. The platform uses AI/ML to analyze spirometry sessions, detect errors, identify triggers, and provide predictive insights for asthma and COPD management. The company operates on a device-plus-subscription model with alveoOne and alveoBase plans.
Differentiator
Problem solved
Functional benefit
Brands
- alveoair®: Digital spirometer product line for clinical and home use, including alveoair® Home, alveoair® Clinic, and alveoair® MD Premium variants.
- alveodot®
- alveoASHA®
- alveoBreath®
- alveoConnect-T®
- alveoMD®
- alveoConnect®
- alveofit® Patient App
Products and services
- alveoair Spirometer
- alveodot Smart Inhaler Sensor
- alveoASHA Peak Flow Meter
- alveoBreath Breath Analyzer
- alveoConnect-T PC-Connected Spirometer
- alveoConnect Bluetooth Bridge
- alveofit Patient Mobile App
- alveofit Provider Mobile App
Quantifiable outcome
- Screened 2,800+ patients in Rajasthan's Karauli district pilot, with 35-40% diagnosed with respiratory conditions (COPD/asthma)
- +3 more outcomes
Companies that use alveofit
Customer profileNamed customers6 records
Segments7 records
Ideal customer profiles4 records
alveofit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability8 records
Feature6 records
alveofit partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- AstraZeneca IndiacoreAstraZeneca India partnered with alveofit to scale up diagnosis of lung diseases in India by providing IoT-enabled handheld spirometers to hospitals and clinics. The collaboration incorporates the latest technological advancements for diagnosing and managing lung disorders and associated non-communicable diseases under the AZ Care initiative.
- AstraZeneca IndiacoreAs part of the partnership, AstraZeneca provides alveofit IoT-enabled handheld spirometers to clinics and hospitals to enable point-of-care spirometry for optimized management of lung-associated non-communicable diseases. The collaboration has expanded to public health facilities in states including Maharashtra, Rajasthan, and Assam.
- PATHcorePATH partnered with alveofit to integrate its solutions into public health infrastructure across multiple states in India, strengthening efforts to address respiratory health challenges.
- JhpiegocoreJhpiego partnered with alveofit to expand the reach of IoT-enabled spirometers in public health programs, contributing to early diagnosis and regular monitoring of respiratory disorders.
- NASSCOM FoundationminorNASSCOM Foundation partnered with alveofit as part of its innovation ecosystem support, helping promote digital respiratory care solutions.
- Forge Innovation and Incubation CenterminorForge Innovation and Incubation Center supported alveofit's development of the patented wireless handheld digital spirometer technology. Acknowledged in patent grant announcement.
- BIRAC (Biotechnology Industry Research Assistance Council)minorBIRAC provided support for alveofit's respiratory technology innovation, acknowledged in patent grant announcement.
- National Health Mission MaharashtracoreNHM Maharashtra integrates alveofit spirometers into public health facilities across the state for population-level respiratory screening programs.
- National Health Mission Jammu and KashmircoreNHM J&K integrates alveofit spirometers into public health infrastructure for respiratory disease monitoring.
- National Health Mission AssamcoreNHM Assam integrates alveofit spirometers into public health facilities for respiratory disease screening.
- India-Sweden Healthcare Innovation Centreminoralveofit participated in the Health Innovation Round Table organized by the India-Sweden Healthcare Innovation Centre and Embassy of Sweden in India, chaired by alveofit's representative.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
alveofit competitors and assessment
Company assessmentDirect peers
- MIR (Medical International Research): MIR manufactures portable and clinical-grade digital spirometers used in primary care, occupational health, and home monitoring worldwide. Its handheld spirometers and PC/mobile software are directly comparable to the alveoair Home, Clinic, and MD Premium product family.
- Vitalograph: Vitalograph is a long-established UK-based manufacturer of spirometry and pulmonary function testing equipment for clinical, occupational, and research use. It competes head-on with alveofit in handheld/PC-connected spirometry and ATS/ERS-compliant PFT workflows.
- ndd Medical Technologies: ndd Medical Technologies makes ultrasonic handheld spirometers and PFT devices used in clinics, screening programs, and occupational health globally. Its EasyOne product line is a frequent competitor in primary-care and population screening deployments similar to alveofit's NHM programs.
- Propeller Health (ResMed): Propeller Health builds smart inhaler sensors and a connected respiratory platform for asthma/COPD medication adherence and symptom tracking, now part of ResMed. It is the closest comparable to alveofit's alveodot smart MDI sensor and patient/provider app ecosystem.
- Adherium: Adherium develops smart inhaler sensors and a respiratory adherence platform for asthma and COPD patients globally. Its Hailie sensor and SaaS layer directly overlap with alveodot and the alveofit adherence/insights stack.
- NuvoAir: NuvoAir is a digital respiratory health platform offering connected spirometry, RPM, and chronic care management for COPD and asthma patients in Europe and the US. It competes most directly with alveofit's combined device-plus-app, AI-supported RPM model for respiratory chronic disease.
Broad incumbents
- COSMED: COSMED designs and manufactures a broad portfolio of pulmonary function, metabolic, and cardiorespiratory diagnostic devices for hospitals and research institutions. Its spirometry line overlaps with alveoair, while its broader portfolio places it as a larger incumbent in the same clinical category.
- ResMed: ResMed is a global leader in sleep apnea, COPD ventilation, and connected respiratory health (including via Propeller Health). It represents the large incumbent end-state for alveofit's chronic respiratory RPM and smart-inhaler thesis.
- Vyaire Medical: Vyaire Medical is a global respiratory diagnostics and ventilation company offering spirometry, pulmonary function, and airway clearance products. It is a broader incumbent than alveofit but competes in the same handheld/clinical spirometry and respiratory diagnostics segment.
Emerging players
- WellDoc: WellDoc is a chronic disease digital health platform (notably diabetes) with FDA-cleared, EHR-integrated, AI-driven patient management software. It is comparable to alveofit as an emerging connected-care SaaS player extending into chronic respiratory populations with similar AI/EHR/FHIR architecture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
alveofit social profiles
Digital presencealveofit compliance and trust
Trust signalCompliance7 records
alveofit financial estimates
Financial estimateRevenue estimate
Valuation estimate
alveofit leadership team
Management profileNumber of profiles
Profiles2 records
alveofit funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
alveofit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about alveofit
What does alveofit do?
alveofit (Roundworks Technologies Pvt Ltd) designs, manufactures, and sells IoT-enabled respiratory diagnostic hardware — including turbine-based spirometers, smart inhaler sensors, peak flow meters, and breath analyzers — paired with AI-driven patient and provider mobile applications and a tele-spirometry platform. Its products serve home users, clinicians, and public-health programs for lung health monitoring, with FHIR/HL7-compliant data integration into hospital and EHR systems.
Is alveofit a public or private company?
alveofit is a private company. It is classified as venture growth investor backed and is currently operating.
When was alveofit founded?
alveofit was founded in 2019. It employs 11 to 50 people.
Where is alveofit based?
alveofit is headquartered in Pune, India, in the Asia region.
How does alveofit make money?
Three revenue lines are on record. Hardware device sales (alveoair spirometer) is the primary driver. The others are subscription-based plans (alveoOne, alveoBase) and premium software upgrades (alveoMD Premium).
Who are alveofit's main competitors?
Direct peers on record are MIR (Medical International Research), Vitalograph, ndd Medical Technologies, Propeller Health (ResMed), Adherium and NuvoAir. Broad incumbents are COSMED, ResMed and Vyaire Medical. WellDoc is listed as an emerging player.
Does alveofit have an API?
Yes. Alveofit offers FHIR-compliant API integration with Mobile SDK and Sandbox Integration for healthcare system interoperability. The alveoair devices are fully FHIR-compliant. Third-party API integration capabilities are mentioned as part of alveoFit FHIR solution, enabling developers to connect with healthcare systems. Developer documentation is at sandbox.alveo.fit.
What industry is alveofit in?
alveofit's product category is Connected Respiratory Diagnostics. Its primary akta.pro industry code is HLAHAGAH, Pulmonary Function Testing (PFT) & Spirometry Equipment, with a secondary code of HLALAFAB, Respiratory & Sleep RPM (COPD, asthma, sleep apnea). Its NAICS code is 334510 and its SIC code is 3841.