Aventyn

What Aventyn does

Aventyn, founded in 2004 and headquartered in Carlsbad, California, is a privately held digital therapeutics company that develops connected clinical information processing and remote patient monitoring (RPM) infrastructure for chronic disease management. Its product portfolio consists of three core platforms: Vitalbeat, an AI IoT-enabled RPM solution integrating wearable bio-sensors, bedside and home monitoring with predictive readmission analytics for heart failure, kidney, metabolic and co-morbid conditions; CLIPCare Suite, a clinical information processing platform enabling interoperable electronic health record exchange (CCR, CCD, BlueButton), cloud imaging, and RFID-based patient identification; and CLIPCareLock combined with healthKrypt, the company's patented core-to-cloud multi-factor encryption layer providing HIPAA and HITECH compliance and secure mobile health bill payment. The underlying technology stack is built on standards-based protocols (W3C, HIPAA, HL7, IEEE 802.xx, EPCglobal, ETSI) and incorporates the proprietary ehealthXML interoperability layer as its technical differentiator.

Aventyn commercializes through a per patient per month subscription model with bundled offerings routed via direct enterprise sales, the Intel AppUp Small Business Service marketplace, and strategic provider and payer partnerships. Its primary customer segments are healthcare providers (hospitals, academic medical centers, home care providers), insurance payers, pharmaceutical and life science companies, medical device manufacturers, healthcare system integrators, and wireless operators. The company generated clinical validation through the FDA-registered Remote-HF-1 international multi-center study (NCT01430936), conducted at Karolinska University Hospital, Saint Francis Hospital, Winthrop-University Hospital, Narayana Hrudayalaya, and Vivus-BMJ Heart Centre, with results presented at the American Heart Association Scientific Sessions 2014.

The company operates globally through wholly owned subsidiaries in the United Kingdom (Aventyn UK Ltd., London), Sweden (Aventyn AB, co-located at Karolinska University Hospital Huddinge), and India (Aventyn India Pvt Ltd, Bangalore), with reported representation in the UAE. Notable channel and technology partners include Intel, AT&T Healthcare, Qualcomm Life, BioSensics, VitalConnect, Zephyr Technology, Plessey, the USC Center for Body Computing, and BMS Hospital Trust (joint mHealth Center, Bangalore). Founders include CEO Navin Govind, a former Intel executive with prior venture experience at Antargata and Tarari (acquired by LSI Logic). Recognition includes the UK DIT Business Innovation Award and BritWeek UKTI Business Innovation Award (2013), CES 2015 Digital Health Summit Everyday Health Award, and San Diego Business Journal MetroConnect finalist status (2012). Revenue is not publicly disclosed; headcount is reported at 11-50 employees.

Name

Aventyn

Legal name

Aventyn, Inc.

Website

https://aventyn.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Aventyn is a privately held digital therapeutics company, founded in 2004, that builds connected clinical information processing and remote patient monitoring platforms (Vitalbeat, CLIPCare Suite, CLIPCareLock) for healthcare providers, payers, and pharma-lifescience companies managing chronic conditions.

Ownership category

akta.pro rank

Product category

Digital Health / Remote Patient Monitoring Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Computer Systems Design Services (541512), Security Systems Services (except Locksmiths) (561621), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Health Services (8000), Services-Home Health Care Services (8082)

akta.pro primary industry

Cardiometabolic RPM & Chronic Disease Management (diabetes, hypertension, CHF, obesity) (HLALAFAA)

akta.pro secondary industries

Medical-Grade Device Connectivity & Device Management (MDM) (HLACAFAG), Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways) (HLACAFAO), Medical Device & IoT Security (Connected Devices/RPM/OT) (HLACAJAI), Multi-Condition RPM Platforms & Care Orchestration (device-agnostic, population management) (HLALAFAL), Wearables & Consumer IoT Integration Platforms (BYOD) (HLACAFAF)

Keywords

• Remote patient monitoring
• Chronic disease management
• Digital therapeutics platform
• Clinical information processing
• Health information security

Headquarters

HQ city

Carlsbad

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Per Patient Per Month Subscription: Aventyn offers per patient per month subscription solutions bundled with strategic provider and payer partners. Pricing varies by region and includes promotions for qualified nonprofit organizations, universities and government entities. The subscription model provides flexible, low cost solutions for preventive, wellness and long term monitoring of chronic conditions.
2. Bundled Solutions: Bundled subscription solutions offered through strategic provider and payer partnerships, combining multiple products and services for comprehensive chronic disease management and remote patient monitoring.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Aventyn develops and sells a connected modular digital health platform for chronic disease management. Its three commercial offerings are Vitalbeat™ (an AI IoT-enabled digital therapeutic platform for remote patient monitoring and chronic disease management integrating wearable bio-sensors, bedside monitoring and predictive analytics), CLIP®Care Suite (a clinical information processing platform enabling interoperable electronic health information exchange, transportable CCR/CCD/BlueButton patient records, cloud imaging, and RFID-based patient identification), and CLIP®CareLock / healthKrypt™ (patented core-to-cloud multi-factor encryption for HIPAA/HITECH-compliant health information security and mobile health billing). The platform is delivered primarily via per-patient-per-month subscriptions and bundled channel-partner offerings.

Product overview

Aventyn offers a connected modular digital health platform comprising three core products: Vitalbeat (integrated chronic disease management and remote patient monitoring with wearable IoT bio-sensors), CLIPCare Suite (clinical information processing and interoperable EHR exchange with RFID patient identification), and CLIPCareLock/healthKrypt (cloud encryption and health information security). The platform enables anytime, anywhere patient-clinician connectivity for precision chronic disease management targeting heart failure, kidney, metabolic and co-morbid conditions, deployed at healthcare providers, payors, medical device manufacturers, and pharma companies.

Differentiator

Problem solved

Functional benefit

Brands

• Vitalbeat: AI IoT enabled smart, connected digital telemedicine solution for remote patient monitoring and chronic disease management including heart failure, diabetes, COPD, and co-morbidities.
• CLIPCare Suite
• CLIPCare Lock

Products and services

• Vitalbeat™ AI IoT-enabled smart, connected digital telemedicine platform for remote patient monitoring and integrated chronic disease management, including heart failure, diabetes, COPD and co-morbidities. Supports wearable IoT bio-sensors, bedside, home and long-term monitoring of personalized vitals (blood pressure, weight, pulse rate, breathing rate, glucose). Includes predictive readmission modeling (Vitalbeat-PAIR) combining structured health record data, imaging and bio-sensor data. Targeted at healthcare providers, payers, pharma, medical device manufacturers and clinical researchers.
• CLIP®Care Suite Clinical information processing platform enabling interoperable electronic health information exchange, transportable patient health records (CCR, CCD, BlueButton), multi-view multi-modality cloud imaging, and integrated RFID for patient identification and safety. Designed to reduce readmissions and improve care transitions from acute care to home. Built on standards-based technologies (W3C, HIPAA, HL7, IEEE 802.xx, ETSI) for healthcare enterprises.
• CLIP®CareLock Cloud encryption and health information security solution for mobile platforms with core-to-cloud patented multi-factor security and hardware chip-based encryption. Provides configurable M2M, medical device user, content and health data rights management, improves HIPAA and HITECH Act compliance through dynamic encryption, and enables secure one-click encrypted patient review and payment of health bills on mobile devices.
• healthKrypt™ Core-to-cloud patented multi-factor encryption solution for safeguarding health information, with virtually hardware chip-based security. Provides unique ID and authentication capabilities and dynamic encryption to improve HIPAA and HITECH Act compliance for health information.

Quantifiable outcome

• Improved quality of life scores for heart failure patients on a qualitative scale
• +1 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature5 records

Partnerships

15 partnerships are on record, tiered core, flagship and minor.

• Intel CorporationcoreTechnology or Integration · 30 July 2012Aventyn's Vitalbeat Cloud solution became part of the Intel AppUp Small Business Service catalog, running on Intel Hybrid Cloud platform. The partnership enabled pay-as-you-go subscription model for medical practices with secure data saving on physician's on-premises server.
• BMS Hospital TrustflagshipStrategic or Co-development Partner · 23 May 2012Formation of mHealth Center in Bangalore, India for remote patient monitoring and care management services for at-risk heart failure patients using Vitalbeat. Part of Aventyn's Health Innovation Ecosystem launched February 2012. BMSHT is a charitable hospital trust established in 1991 providing free healthcare services.
• AT&T HealthcarecoreTechnology or IntegrationStrategic industry partner collaborating with Aventyn on Phase 1 of Remote-HF-1 international multi-center clinical study for heart failure patients.
• Zephyr TechnologycoreTechnology or IntegrationPartner providing wearable sensor-based medical device technology for Remote-HF-1 heart failure clinical study conducted in collaboration with Aventyn.
• University of Southern California (Center for Body Computing)coreStrategic or Co-development PartnerCollaboration on Vitalbeat big data cloud predictive analysis and informatics for readmission modeling. USC Center for Body Computing, led by Dr. Leslie A. Saxon, brings together Keck School of Medicine, School of Cinematic Arts, Business and Engineering for digital health innovation.
• Vivus-BMJ Heart CentrecoreStrategic or Co-development PartnerClinical study site for Phase 1 of Remote-HF-1 international multi-center clinical study in Bangalore, India using Vitalbeat for heart failure patient monitoring.
• Narayana HrudayalayacoreStrategic or Co-development PartnerClinical study site for Remote-HF-1 heart failure study in Bangalore, India. Narayana Institute of Cardiac Sciences participated in international multi-center clinical evidence study.
• Karolinska University HospitalcoreStrategic or Co-development PartnerClinical study site in Sweden for Remote-HF-1 heart failure study. Swedish version of Vitalbeat provisioned for regional heart center. Aventyn AB office located at Karolinska University Hospital Huddinge.
• Saint Francis HospitalcoreStrategic or Co-development PartnerClinical study site in Roslyn, New York for Phase 1 of Remote-HF-1 heart failure clinical study using Vitalbeat remote patient monitoring.
• Winthrop-University HospitalcoreStrategic or Co-development PartnerClinical study site in Mineola, New York for Remote-HF-1 heart failure study using Vitalbeat integrated chronic disease management system.
• mHealthWRxminorGTM or Marketing PartnerPartnership announced for mHealth solutions and market collaboration.
• MedPayOnlineminorGTM or Marketing PartnerPartnership for medical payments enabling patients to securely review and pay health bills on mobile devices.
• HIMSSminorGTM or Marketing PartnerHealthcare Information and Management Systems Society partnership for industry standards and healthcare IT adoption.
• TiE San DiegominorGTM or Marketing PartnerPartnership with TiE (The Indus Entrepreneurs) San Diego chapter for entrepreneurial ecosystem development.
• Wireless Life Sciences Alliance (WLSA)minorGTM or Marketing PartnerTrade organization partnership for accelerating adoption of connected health and digital health ecosystem collaboration.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Welltok: Welltok provides a consumer activation and population health management platform that integrates data from multiple sources to drive health actions. Comparable to Aventyn's payer-focused population care management use cases and analytics-driven chronic condition documentation.
• Omada Health: Omada Health is a digital therapeutics company for chronic disease prevention and management (diabetes, hypertension, obesity) with payer and employer channels. Comparable to Aventyn's multi-condition chronic disease management platform positioning with payer customers.
• Vivify Health: Vivify Health is one of the closest direct peers to Aventyn, offering a cloud-based remote patient monitoring platform with mobile health applications, BYOD, and integrated biometric device connectivity for chronic care management. Both companies sell to providers and payers with bundled per-patient subscription economics and target the same multi-condition RPM use cases.
• iRhythm Technologies: iRhythm Technologies provides connected cardiac monitoring solutions (Zio) with wearable biosensors and cloud-based AI analytics for arrhythmia detection. Comparable to Aventyn's Vitalbeat in combining wearable cardiac sensors, AI-enabled analytics, and remote monitoring for cardiology patients.
• Validic: Validic is a healthcare data interoperability and IoT platform that aggregates device data into EHR and analytics systems. Highly comparable to Aventyn's ehealthXML interoperability layer and Vitalbeat device integration, with a similar focus on connecting disparate wearable biosensors to clinical workflows.

Emerging players

• Vivante Health: Vivante Health offers a digital GI care platform with personalized nutrition, gut health monitoring, and care coordination. Adjacent to Aventyn's multi-condition chronic care approach with a narrower specialty focus and similar emphasis on payer channels and value-based care outcomes.

Others

• Qualcomm Life (Capsule Technologies): Qualcomm Life (2net Platform, now part of Capsule Technologies) provides a connectivity platform for medical devices and biosensors. Listed as a certified Aventyn partner; comparable as an infrastructure-layer enabler for the RPM ecosystem in which Aventyn operates.

Broad incumbents

• Medtronic: Medtronic is a global medical device leader with significant cardiac and remote monitoring offerings (e.g., LINQ ICM, CareLink network). Comparable to Aventyn's wearable bio-sensor and chronic disease management approach but at vastly larger scale with proprietary hardware.
• Philips (Population Health & Connected Care): Philips provides a broad portfolio of connected care, remote patient monitoring, and population health solutions to providers and payers. Comparable to Aventyn's platform across interoperability, clinical information processing, and connected monitoring, but as a much larger enterprise vendor.
• BioTelemetry (now part of Philips): BioTelemetry (acquired by Royal Philips) is a leading cardiac remote monitoring services provider with mobile cardiac telemetry and event monitoring. Comparable to Aventyn's Remote-HF-1 heart failure monitoring use case but at much larger scale across multiple cardiac indications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Aventyn