Fundraising Fox

Spencer Health Solutions

Morrisville, US · Delaware corporation · 2 known investors

Spencer Health Solutions makes spencer®, a smart medication dispenser and data platform that automates dispensing, sends reminders, and collects real-time adherence data. It serves pharmaceutical companies, healthcare providers, and nursing/home-care facilities for use in clinical trials, patient support programs, and care management.

Digital HealthHardwareHealthtech

Founders & leadership

TP
Thomas P. Rhoads, Jr.Executive
PC
Paul CunninghamExecutive

Board

CM
Christopher MartinBoard director
GG
Gregg GoldenbergBoard director
MG
Mark GilreathBoard director
ES
Edwin ScheetzBoard director

Investors · 2

Aphelion Capital
California Technology VenturesPasadena · $250K – $2M

Reported raises · per SEC filings

Form D private placements

$38.7M disclosed across 6 rounds · 2017–2024

▶$5.1MraisedOct 2024 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher MartinDirector
  • Gregg GoldenbergDirector
  • Thomas P. Rhoads, Jr.Executive Officer, Director
  • Mark GilreathDirector
  • Paul CunninghamExecutive Officer
  • Edwin ScheetzDirector
Offering amount
$7.5M
Amount sold
$5.1M
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$10MraisedAug 2023 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul CunninghamExecutive Officer
  • Thomas P. Rhoads, Jr.Executive Officer, Director
  • Edwin ScheetzDirector
  • Christopher MartinDirector
  • Gregg GoldenbergDirector
  • Mark GilreathDirector
Offering amount
$40M
Amount sold
$10M
Minimum investment
$5K
First sale
Aug 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6MraisedMay 2023 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher MartinDirector
  • Paul CunninghamExecutive Officer
  • Mark GilreathDirector
  • Thomas P. Rhoads, Jr.Executive Officer, Director
  • Edwin ScheetzDirector
  • Gregg GoldenbergDirector
Offering amount
$6M
Amount sold
$6M
Minimum investment
$5K
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MraisedDec 2021 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gregg GoldenbergDirector
  • Christopher MartinDirector
  • Thomas P. Rhoads, Jr.Executive Officer, Director
  • Paul CunninghamExecutive Officer
  • Mark GilreathDirector
  • Edwin ScheetzDirector
Offering amount
$27M
Amount sold
$15M
Minimum investment
$5K
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.8MraisedApr 2021 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas P. Rhoads, Jr.Executive Officer, Director
  • Gregg GoldenbergDirector
  • Edwin ScheetzDirector
  • Mark GilreathDirector
  • Paul CunninghamExecutive Officer
  • Christopher MartinDirector
Offering amount
$3M
Amount sold
$1.8M
First sale
Apr 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$700KraisedOct 2017 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark GilreathDirector
  • Thomas P. Rhoads, Jr.Director
Offering amount
$6M
Amount sold
$700K
First sale
Sep 2017
Incorporated
Limited Liability Company, Georgia, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap
Medminder30 shared keywordsMedMinder offers a medication management platform combining an automatic home pill dispenser, a mobile app and cloud software, data services, and a full-service digital pharmacy that sorts and delivers prescriptions. It serves patients and healthcare providers, tracking medication adherence and coordinating with doctors and insurers.
Performance Health14 shared keywordsPerformance Health supplies rehabilitation and physical therapy products, including hot and cold packs, compression sleeves, and splinting technology such as Chrisofix, distributed directly to point of care. It serves clinicians, patients, and veterans across North America, including fulfillment of VA contracts.

Companies competing with Spencer Health Solutions for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

In the News - Spencer Health Solutionsspencerhealthsolutions.com · Mar 2024Spencer Health Solutions Raises USD43M in Series D Fundingfinsmes.com · Aug 2023Spencer Health Solutions Raises Series D to Expand Pharmaceutical and Care Management Marketsbusinesswire.com · Aug 2023Triangle's Spencer Health Solutions raises $43 million - Business North Carolinabusinessnc.com · Aug 2023

Frequently asked questions

What does Spencer Health Solutions do?
Spencer Health Solutions makes spencer®, a smart medication dispenser and data platform that automates dispensing, sends reminders, and collects real-time adherence data. It serves pharmaceutical companies, healthcare providers, and nursing/home-care facilities for use in clinical trials, patient support programs, and care management.
Who are Spencer Health Solutions's investors?
Spencer Health Solutions's investors include Aphelion Capital, California Technology Ventures.
How much funding has Spencer Health Solutions raised?
Spencer Health Solutions has disclosed $38.7M raised across 6 rounds.
Where is Spencer Health Solutions headquartered?
Spencer Health Solutions is headquartered in Morrisville, US.