Mode Sensors

Trondheim, Norway Founded: 2016 • Age: 10 yrs
Provider of hydration monitoring patch
Annual revenue $1.6M Latest available
Total funding - 2 rounds
Employees 11 Tracked headcount
Investors 2 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Mode Sensors

Mode Sensors is a company based in Trondheim (Norway) founded in 2016 by Gøran van den Burgt, Oleg Zero, Martin Engebretsen, and Magnus Nordahl. The company has 11 employees as of December 31, 2021. Mode Sensors offers products and services including Re:Balans Device. Mode Sensors operates in a competitive market with competitors including Ekso Bionics, SafelyYou, Epicore Biosystems, Nix and CarePredict, among others.

  • Headquarter Trondheim, Norway
  • Employees 11 as on 31 Dec, 2021
  • Founders Gøran van den Burgt, Oleg Zero, Martin Engebretsen, Magnus Nordahl
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.58 M (USD)
    54
    as on Dec 31, 2021
  • Net Profit
    -$584.68 K (USD)
    9
    as on Dec 31, 2021
  • EBITDA
    -$584.68 K (USD)
    9
    as on Dec 31, 2021
  • Latest Funding Round
    $52.86 K (USD), Grant

    Feb 28, 2023

  • Investors
  • Employee Count
    11

    as on Dec 31, 2021

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Products & Services of Mode Sensors

Mode Sensors offers a comprehensive portfolio of products and services, including Re:Balans Device.

Product name locked
Category locked
Primary

Wearable for real-time hydration tracking and alerts in patients.

Funding Insights of Mode Sensors

Investors in Mode Sensors

Mode Sensors has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Mode Sensors

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Investments & Acquisitions by Mode Sensors

Investments
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Investment portfolio details for Mode Sensors

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Financial Statements - Mode Sensors

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Detailed financials for Mode Sensors

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Mode Sensors Comparisons

Mode Sensors Primary company
Description
Provider of hydration monitoring patch
Location
Trondheim, Norway
Founded Year
2016
Annual Revenue
$1.58 M (USD)
Net Profit
-$584.68 K (USD)
EBITDA
-$584.68 K (USD)
Employees
11
As of 2021
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Peer comparison for Mode Sensors

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Competitors of Mode Sensors

Mode Sensors 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 Ekso Bionics, SafelyYou, Epicore Biosystems, Nix and CarePredict, among others.

Company Name Domain Founded year HQ Location Description
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Exoskeletons for medical rehabilitation and industrial productivity are provided.
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AI-based fall detection and prevention technology is provided for clinics.
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Wearable sweat-based microfluidic sensing systems are provided for health monitoring.
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Sweat-based biosensors are provided for body hydration monitoring.
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Senior activities are monitored via AI wearables to detect anomalies.
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Wireless headphone systems for seniors with hearing loss are provided.
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Detailed competitors of Mode Sensors

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Latest news on Mode Sensors

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Complete news archive for Mode Sensors

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Frequently Asked Questions about Mode Sensors

Mode Sensors was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Mode Sensors is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.

Lars Lydersen is the current CEO of Mode Sensors.

As of Dec 31, 2021, the latest employee count at Mode Sensors is 11.

Annual revenue of Mode Sensors is $1.58M as on Dec 31, 2021.

Mode Sensors provides a Gecko patch for hydration monitoring. The patch is wearable and it is provided for the elderly. It is inbuilt with sensors for the detection and monitors the hydration using clinical methods.

Mode Sensors's top competitors include Ekso Bionics, SafelyYou and Nix.

Mode Sensors offers Re:Balans Device.

Mode Sensors has 2 investors. Key investors include European Union, and EIC Fund.

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