About Medtrum
Medtrum is a company based in Dusseldorf (Germany) founded in 2008. It operates as a HealthTech and Direct-to-Consumer (D2C). Medtrum has raised $28.95 million across 1 funding round from investors including BOC Investment, 5Y Capital and Sequoia Capital. Medtrum offers products and services including TouchCare ® Nano Pump, TouchCare ® Nano CGM, EasyPatch App, TouchCare ® Nano System, and TouchCare ® Slim CGM. Medtrum operates in a competitive market with competitors including Heartland Dental, MB2 Dental Solutions, Qualicorp, AOK and Keplr Vision, among others.
- Headquarter Dusseldorf, Germany
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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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Social
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- Legal Name Medtrum Technologies Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$28.95 M (USD)
in 1 rounds
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Latest Funding Round
$28.95 M (USD), Series C
Dec 24, 2018
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Investors
BOC Investment
& 5 more
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Employee Count
Not available
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Products & Services of Medtrum
Medtrum offers a comprehensive portfolio of products and services, including TouchCare ® Nano Pump, TouchCare ® Nano CGM, EasyPatch App, TouchCare ® Nano System, and TouchCare ® Slim CGM.
A compact tubeless insulin pump is provided for diabetes.
Continuous glucose monitoring is enabled by a small sensor.
Smartphone control for insulin pumps is facilitated through app.
Hybrid closed-loop system for automated insulin delivery is offered.
Slim continuous glucose monitor is designed for discreet use.
People of Medtrum
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Funding Insights of Medtrum
Medtrum has successfully raised a total of $28.95M through 1 strategic funding round. The most recent funding activity was a Series C round of $28.95 million completed in December 2018. 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.
Investors in Medtrum
Medtrum has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include BOC Investment, 5Y Capital and Sequoia Capital.
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Private equity investments in China are managed by BOC Investment.
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A venture capital firm focused on technology and innovation investments.
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A fund focused on healthcare industry investments is managed.
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Investor details for Medtrum
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Investments & Acquisitions by Medtrum
Investment portfolio details for Medtrum
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Financial Statements - Medtrum
Detailed financials for Medtrum
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Medtrum Comparisons
Peer comparison for Medtrum
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Competitors of Medtrum
Medtrum 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 Heartland Dental, MB2 Dental Solutions, Qualicorp, AOK and Keplr Vision, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of healthcare consulting services
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Healthcare consulting services focused on dental solutions are provided.
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Collective health plans are enabled, sold, and managed in Brazil.
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Medical insurance services for patients and employees are provided.
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Business support and supply chain management services are offered.
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Contract manufacturing is provided for life sciences and diagnostics reagents.
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Detailed competitors of Medtrum
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Latest news on Medtrum
Complete news archive for Medtrum
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Frequently Asked Questions about Medtrum
Medtrum was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Medtrum is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.
Medtrum is a funded company, having raised a total of $28.95M across 1 funding round to date.
Medtrum is engaged in the development and delivery of medical devices aimed at simplifying diabetes management. The company is involved in creating tools for healthcare professionals and exploring advancements in artificial pancreas research. Solutions such as tubeless insulin pumps, continuous glucose monitors, and hybrid closed-loop systems are provided to support patients and caregivers in various countries. The healthcare sector, specifically diabetes care, is the primary focus of operations.
Medtrum's top competitors include Qualicorp, Heartland Dental and Argonautms.
Medtrum offers TouchCare ® Nano Pump, TouchCare ® Nano CGM, EasyPatch App, TouchCare ® Nano System, and TouchCare ® Slim CGM.
Medtrum has 6 investors. Key investors include BOC Investment, 5Y Capital, Sequoia Capital, 3E Bioventures, and Nokai Investment.