EoFlow

Seongnam-si, South Korea Founded: 2011 • Age: 15 yrs Acquired By Medtronic
A wearable disposable insulin patch for diabetes patients is developed.
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About EoFlow

EoFlow is a company based in Seongnam-si (South Korea) founded in 2011 was acquired by Medtronic in May 2023.. EoFlow operates in a competitive market with competitors including Dexcom, Livongo, One Drop, mySugr and Senseonics, among others.

  • Headquarter Seongnam-si, South Korea
  • Stage Public
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Technology → Extended, Virtual & Augmented Reality
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Medtronic

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Medtronic

    (May 25, 2023)

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Funding Insights of EoFlow

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Series A - EoFlow Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in EoFlow

EoFlow has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Medtronic and LB Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth-stage private equity investments are targeted across multiple sectors.
Founded Year Domain Location
Medical equipment for treating over 30 chronic diseases is developed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by EoFlow

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - EoFlow

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Eoflow Comparisons

Employees
+
Add Comparison
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Competitors of EoFlow

EoFlow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dexcom, Livongo, One Drop, mySugr and Senseonics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wearable glucose monitoring patches are provided for real-time data tracking.
domain founded_year HQ Location
Provider of smart devices for diabetes management for patients and doctors
domain founded_year HQ Location
Provider of workforce healthcare solutions
domain founded_year HQ Location
Gamified apps for diabetes management and therapy are provided.
domain founded_year HQ Location
Implantable continuous glucose monitoring systems are provided for diabetes management.
domain founded_year HQ Location
Mobile-based diagnostics for diabetes prevention and management are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Eoflow

Frequently Asked Questions about EoFlow

When was EoFlow founded?

EoFlow was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is EoFlow located?

EoFlow is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.

Who is the current CEO of EoFlow?

Jesse Kim is the current CEO of EoFlow.

What does EoFlow do?

Developer of a wearable disposable insulin patch for diabetes patients. The patch is entirely tubeless and can be worn on any part of the body. The patch uses a stainless steel needle to deliver the drug. The patch can be controlled by a handheld touch-screen controller unit. It also extracts data from the patch to provide the user with the convenience of managing and analyzing the data.

Who are the top competitors of EoFlow?

EoFlow's top competitors include Dexcom, Senseonics and One Drop.

Who are EoFlow's investors?

EoFlow has 2 investors. Key investors include Medtronic, and LB Investment.

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