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
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Net Profit
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EBITDA
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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
Employee Count
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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. 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.
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.
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $29.0M
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First Round
First Round
(24 Dec 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series C - Medtrum | Valuation | BOC Investment , Sequoia Capital China |
| 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 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. 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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Private equity investments in China are managed by BOC Investment.
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Founded Year | Domain | Location | |
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A venture capital firm focused on technology and innovation investments.
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Founded Year | Domain | Location | |
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A fund focused on healthcare industry investments is managed.
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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 Medtrum
| 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 - Medtrum
| 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 |
Medtrum Comparisons
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. 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 |
Provider of healthcare consulting services
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| domain | founded_year | HQ Location |
Healthcare consulting services focused on dental solutions are provided.
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| domain | founded_year | HQ Location |
Collective health plans are enabled, sold, and managed in Brazil.
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| domain | founded_year | HQ Location |
Medical insurance services for patients and employees are provided.
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| domain | founded_year | HQ Location |
Business support and supply chain management services are offered.
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| domain | founded_year | HQ Location |
Contract manufacturing is provided for life sciences and diagnostics reagents.
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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 Medtrum
When was Medtrum founded?
Medtrum was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Where is Medtrum located?
Medtrum is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.
Is Medtrum a funded company?
Medtrum is a funded company, having raised a total of $28.95M across 1 funding round to date. The company's 1st funding round was a Series C of $28.95M, raised on Dec 24, 2018.
What does Medtrum do?
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.
Who are the top competitors of Medtrum?
Medtrum's top competitors include Qualicorp, Heartland Dental and Argonautms.
What products or services does Medtrum offer?
Medtrum offers TouchCare ® Nano Pump, TouchCare ® Nano CGM, EasyPatch App, TouchCare ® Nano System, and TouchCare ® Slim CGM.
Who are Medtrum's investors?
Medtrum has 6 investors. Key investors include BOC Investment, 5Y Capital, Sequoia Capital, 3E Bioventures, and Nokai Investment.
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