About Solventum
Solventum is a company based in Saint Paul (United States) founded in 1991. It operates as a Professional Services, and Direct-to-Consumer (D2C). Solventum has completed 1 acquisition, including MoMelan Technologies. Solventum offers products and services including Advanced Wound Care, Negative Pressure Wound Therapy, IV Site Management, Littmann Stethoscopes, and Health Information Systems. Solventum operates in a competitive market with competitors including Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others.
- Headquarter Saint Paul, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Solventum
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
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- Investments & Acquisitions
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Products & Services of Solventum
Solventum offers a comprehensive portfolio of products and services, including Advanced Wound Care, Negative Pressure Wound Therapy, IV Site Management, Littmann Stethoscopes, and Health Information Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solutions for wound healing are provided by Solventum.
Therapy for wound healing environment is offered here.
Products for IV site protection are developed by Solventum.
High-performance stethoscopes are manufactured for medical professionals.
Clinical documentation solutions are provided for healthcare efficiency.
Funding Insights of Solventum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Solventum
Solventum has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MoMelan Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Skin grafting technology for dermatological diseases and wound care
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Solventum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Solventum Comparisons
Competitors of Solventum
Solventum 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 Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, 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 |
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| domain | founded_year | HQ Location |
Provider of self funded health plan
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Revenue cycle management platform is provided to healthcare providers.
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Healthcare outsourcing services are provided to various sectors.
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Dental practice brokerage services are provided to facilitate transactions.
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Provider of revenue cycle management, BPO, IT, and finance and accounting services
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| domain | founded_year | HQ Location |
Medical payment integrity and analytics services are provided by MultiPlan.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Solventum
When was Solventum founded?
Solventum was founded in 1991.
Where is Solventum located?
Solventum is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
What does Solventum do?
Solventum is focused on delivering advanced medical solutions across various sectors including wound care, surgical solutions, and health information technology. Products and services are developed to support clinicians and improve patient outcomes through evidence-based care. Solutions such as negative pressure wound therapy, IV site management, and sterilization assurance are offered alongside technology platforms for clinical documentation. The company serves healthcare professionals globally, addressing needs in biopharmaceutical purification, dental care, and patient monitoring with a commitment to innovation and sustainability.
Who are the top competitors of Solventum?
Solventum's top competitors include Centivo, Access Healthcare and Rennova Health.
What products or services does Solventum offer?
Solventum offers Advanced Wound Care, Negative Pressure Wound Therapy, IV Site Management, Littmann Stethoscopes, and Health Information Systems.
How many acquisitions has Solventum made?
Solventum has made 1 acquisition, including MoMelan Technologies.