About LenoMed
LenoMed is a company based in Shanghai (China) founded in 2014.. LenoMed has raised $22.83 million across 3 funding rounds from investors including Eight Roads Ventures, Oriental Fortune Capital and Main Road Investment Fund Management. LenoMed operates in a competitive market with competitors including Tandem Diabetes, Kaleido, Modular Medical, Asante Solutions and Sooil Development, among others.
- Headquarter Shanghai, China
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.83 M (USD)
in 3 rounds
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Latest Funding Round
$15.56 M (USD), Series C
May 12, 2021
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Investors
Eight Roads Ventures
& 2 more
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Employee Count
Employee Count
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Funding Insights of LenoMed
LenoMed has successfully raised a total of $22.83M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $15.56 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $15.6M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series C - LenoMed | Valuation | Oriental Fortune Capital | |
| Dec, 2018 | Amount | Series B - LenoMed | Valuation | Eight Roads Ventures |
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| Jun, 2018 | Amount | Seed - LenoMed | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in LenoMed
LenoMed has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Eight Roads Ventures, Oriental Fortune Capital and Main Road Investment Fund Management. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by Oriental Fortune Capital.
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Founded Year | Domain | Location | |
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Venture capital investment and global platform support for startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LenoMed
| 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 |
Financial Statements - LenoMed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Lenomed Comparisons
Competitors of LenoMed
LenoMed 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 Tandem Diabetes, Kaleido, Modular Medical, Asante Solutions and Sooil Development, 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 |
Developer of devices for continuous glucose monitoring and manual insulin delivery
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| domain | founded_year | HQ Location |
Insulin pumps and monitoring software for diabetes are developed.
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| domain | founded_year | HQ Location |
Insulin pumps are developed for continuous delivery to diabetic patients.
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| domain | founded_year | HQ Location |
Insulin pump systems are developed and customized by Asante Solutions.
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| domain | founded_year | HQ Location |
Develops insulin pumps and apps for diabetes care and blood sugar monitoring.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Lenomed
Frequently Asked Questions about LenoMed
When was LenoMed founded?
LenoMed was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is LenoMed located?
LenoMed is headquartered in Shanghai, China.
Is LenoMed a funded company?
LenoMed is a funded company, having raised a total of $22.83M across 3 funding rounds to date.
What does LenoMed do?
Developer of closed-loop insulin delivery devices. It develops and manufactures insulin pumps, drug infusion pumps, and disposables. Its flagship product, the Innotech insulin pump is a closed-loop insulin delivery system which integrates CGM technology and insulin pump.
Who are the top competitors of LenoMed?
LenoMed's top competitors include Tandem Diabetes, Kaleido and Modular Medical.
Who are LenoMed's investors?
LenoMed has 3 investors. Key investors include Eight Roads Ventures, Oriental Fortune Capital, and Main Road Investment Fund Management.
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