About Mendor
Mendor is a company based in Helsinki (Finland) founded in 2006 was acquired by Glucostratus in June 2017. Mendor has raised $28.08 million across 4 funding rounds from investors including i-SENS, Life Sciences Partners and Finnvera. Mendor operates in a competitive market with competitors including Dexcom, Livongo, One Drop, Bigfoot Biomedical and mySugr, among others.
- Headquarter Helsinki, Finland
- SectorsHealthcareTechnology
- Website mendor.com
- Social LinkedIn X
- Acquired by Glucostratus (Jun 2017)
- Total Equity Funding$28.08M (USD)
in 4 rounds
- Latest Funding Round$1.19M (USD), Series C
Mar 2016
- Investorsi-SENS
& 5 more
- Acquired byGlucostratus
(Jun 2017)
Funding Insights of Mendor
Mendor has successfully raised a total of $28.08M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $1.19 million completed in March 2016. 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 $28.08M
- Total Rounds 4
- Last Round Series C — $1.19M
- First Round $11.66M
(Jun 2011)
- Investors Count 5
All 4 funding rounds of Mendor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2016 | $1.19M | Series C | – | – | |
| Jul 2014 | $8.85M | Series C | – | – | |
| Jan 2014 | $6.39M | Series C | – | – | – |
| Jun 2011 | $11.66M | Series B | – | – |
6 investors in total: 6 institutional.
Investors in Mendor
Mendor has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include i-SENS, Life Sciences Partners and Finnvera.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative financing is provided by IPF Partners for healthcare. | – | ipfpartners.com | Luxembourg, Luxembourg | |
Private equity investments in life sciences businesses are managed. | 1998 | lspvc.com | Amsterdam, Netherlands | |
Private equity investment firm | – | tesi.fi | Helsinki, Finland | |
Blood glucose monitoring systems and clinical chemistry analyzers are developed. | 2000 | i-sens.com | Zhangjiagang, China | |
Loans, investments, and financial services are provided to businesses. | 1999 | finnvera.fi | Helsinki, Finland | |
Remote monitoring solution for diabetes patients | 2017 | glucostratus.com | Helsinki, Finland |
Investor details for Mendor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Mendor
4 dated milestones of Mendor across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Mendor is founded.
- Funding First funding round of $11.7M.
- Funding Latest funding round, Series C, of $1.2M.
- Exit Acquired by Glucostratus.
Competitors of Mendor
Mendor 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, Bigfoot Biomedical and mySugr, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dexcom.com | 1999 | San Diego, United States | $52.5M | 9,600 | Wearable glucose monitoring patches are provided for real-time data tracking. | |
| livongo.com | 2014 | San Francisco, United States | $245.2M | 3,263 | Provider of smart devices for diabetes management for patients and doctors | |
| onedrop.today | 2015 | New York, United States | $107.87M | 166 | Provider of workforce healthcare solutions | |
| bigfootbiomedical.com | 2014 | Milpitas, United States | $214.51M | 133 | Developer of a closed-loop automated insulin delivery system | |
| mysugr.com | 2012 | Vienna, Austria | $4.8M | – | Gamified apps for diabetes management and therapy are provided. | |
| senseonics.com | 1996 | Germantown, United States | $175.46M | 132 | Implantable continuous glucose monitoring systems are provided for diabetes management. | |
| janacare.com | 2011 | Newton, United States | $26.59M | – | Mobile-based diagnostics for diabetes prevention and management are provided. | |
| telcare.com | 2008 | Bethesda, United States | $66.69M | 21 | Diabetes is managed via cellular technology and social networking. | |
| caura.com | 2016 | London, United Kingdom | $4.2M | 11 | Auto insurance and vehicle services are provided via mobile app. | |
| presspogo.com | 2002 | San Francisco, United States | $258.45M | 131 | An all-in-one blood glucose monitoring system is developed and offered. |
Detailed competitors of Mendor
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- Full competitor set
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Web traffic of Mendor
Websites that share an audience with Mendor (mendor.com).
Websites whose visitors overlap most with Mendor. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
en.wikipedia.org | en.wikipedia.org | 100% | – | – | – |
ovelin.com | ovelin.com | 96% | – | – | – |
| youtube.com | 69% | 30.4B | #2 | View details |
Latest news on Mendor
Complete news archive for Mendor
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
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Similar companies to Mendor
10 companies that operate in the same segment as Mendor (Diabetes), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of devices for continuous glucose monitoring and manual insulin delivery | 2008 | San Diego, California, United States | USD 100.73 M | USD 1.02 B | 2,650 | |
Wearable glucose monitoring patches are provided for real-time data tracking. | 1999 | San Diego, California, United States | USD 52.5 M | USD 4.66 B | 10,300 | |
Wearable insulin infusion systems are developed for diabetes patients. | 2000 | Boston, Massachusetts, United States | USD 120.4 M | USD 2.71 B | 3,900 | |
Small molecule drugs for various therapeutic areas are developed. | 1995 | United States | USD 165 M | USD 49.8 M | 103 | |
Implantable continuous glucose monitoring systems are provided for diabetes management. | 1996 | Germantown, United States | USD 175.46 M | USD 22.47 M | 117 | |
Developer of a closed-loop automated insulin delivery system | 2014 | Milpitas, California, United States | USD 214.51 M | – | 133 | |
Provider of workforce healthcare solutions | 2015 | New York, New York, United States | USD 107.87 M | – | 166 | |
Diabetes care and reversal programs are provided to patients. | 2021 | Bengaluru, Karnataka, India | USD 26.7 M | USD 5.07 M | 677 | |
Provider of smart devices for diabetes management for patients and doctors | 2014 | San Francisco, California, United States | USD 245.2 M | – | – | |
Genetically engineered cell therapies are developed for multiple disorders. | 2018 | Seattle, Washington, United States | USD 821 M | – | 194 |
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Frequently Asked Questions about Mendor
Mendor was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Mendor is headquartered in Helsinki, Finland.
Mendor is a funded company, having raised a total of $28.08M across 4 funding rounds to date. The company's 1st funding round was a Series B of $11.66M, raised on Jun 2011.
Mendor is a startup which has designed, developed and commercializes glucose monitoring system. Offers the Discreet blood-glucose meter and Balance online software. Discreet is described as an all-in-one blood-glucose monitoring system, while Balance is a cloud-based data-analysis platform that allows users to store and share individual data on glucose-levels. Integrates all - blood glucose meter, test strips and a lancing pen into one device.
Mendor's top competitors include Dexcom, Senseonics and Bigfoot Biomedical.
Mendor has 6 investors. Key investors include i-SENS, Life Sciences Partners, Finnvera, Glucostratus, and IPF Partners.
Yes. Mendor was acquired by Glucostratus in June 2017.