Laxmi Therapeutic Devices, Inc.
Laxmi will help people with diabetes stay in range more often, supporting better day-to-day control and long-term health through industry-first dermal continuous glucose monitoring.
Funding history
About Laxmi Therapeutic Devices, Inc.
How much funding has Laxmi Therapeutic Devices, Inc. raised?
Laxmi Therapeutic Devices, Inc. has raised $54.3M in total funding.
Where is Laxmi Therapeutic Devices, Inc. headquartered?
Laxmi Therapeutic Devices, Inc. is headquartered in Goleta, CA.
What does Laxmi Therapeutic Devices, Inc. do?
Laxmi will help people with diabetes stay in range more often, supporting better day-to-day control and long-term health through industry-first dermal continuous glucose monitoring.
What problem does Laxmi Therapeutic Devices, Inc. solve?
Existing glucose monitoring has lag time that limits how much patients can stay in their target glucose range, and lower time-in-range is linked to higher risk of eye and kidney disease progression, especially during fast changes like meals, exercise, or pregnancy.
What's Laxmi Therapeutic Devices, Inc.'s solution?
Laxmi is building a continuous glucose monitoring system (sensor, transmitter, and applicator) that measures glucose in the dermal skin layer and sends real-time readings to a phone or reader via Bluetooth.
What makes Laxmi Therapeutic Devices, Inc. different?
They describe their dermal sensing as an 'industry first,' claiming the dermis's vascular support enables faster-tracking glucose signals than typical sensing, and cite their own published research using the FDA-approved UVA/Padova Type 1 Diabetes Simulator linking reduced lag time to improved time-in-range.
What makes Laxmi Therapeutic Devices, Inc. notable?
Founded in 2016, the Goleta-based wearable diabetes-monitoring device maker counts the U.S. Department of Health and Human Services among its funders alongside venture investors.
Leadership
❝ Cite this page
Free to use in articles, research, and reference works. Stable URL, will not change. Data on this page last updated September 3, 2026.
🏷 Embed this badge
Building or fundraising? Add this to your site to show you're listed on SoCal.Startups — the link back helps other founders and investors find you here too.
