Spencer Health Solutions
Spencer Health Solutions develops a smart medication dispenser and data-driven platform that transforms medication management across clinical trials, patient support programs, and care management. The spencer device features automated dispensing, visual cues, real-time data collection, and predictive analytics to improve medication adherence and patient engagement. The platform serves pharmaceutical companies,…
Funding snapshot
About
Spencer Health Solutions develops a smart medication dispenser and data-driven platform that transforms medication management across clinical trials, patient support programs, and care management. The spencer device features automated dispensing, visual cues, real-time data collection, and predictive analytics to improve medication adherence and patient engagement. The platform serves pharmaceutical companies, healthcare providers, nursing facilities, and clinical trial organizers with seamless integration into support programs. Founded in 2015 and headquartered in Morrisville, North Carolina, the company has raised approximately $44.8M in Series D funding from investors including California Technology Ventures and Aphelion Capital. Spencer differentiates itself through its user-friendly design suitable for patients with limited tech skills, real-world data and insights delivery, and measurable results in on-time dosing, patient engagement, and medication adherence rates.
Business model
Disease Self Management > Medication Adherence > Device,
Healthcare IT > Value Based Care > Patient Engagement > Medication Adherence
Team background
College Wise > Duke University
Institutional investors
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