Monidor

Oulu, Finland Founded: 2015 • Age: 11 yrs
Remote patient monitoring devices and software are developed for healthcare.
Annual revenue - Latest available
Total funding $1.2M 5 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Monidor

Monidor is a company based in Oulu (Finland) founded in 2015 by Veli Matti Puurunen. Monidor has raised $1.18 million across 5 funding rounds from investors including European Union, Voima Ventures and Innovestor. Monidor offers products and services including Monidor Vitals, Monidor IV Screen, and Monidrop W Infusion Meter. Monidor operates in a competitive market with competitors including Gasgon Medical, Shift Labs, Evelabs, VenoVision and Veriphi, among others.

  • Headquarter Oulu, Finland
  • Founders Veli Matti Puurunen
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Monidor Oy
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.18 M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.18 M (USD), Seed

    Aug 27, 2020

  • Investors
  • Employee Count
    Not available
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Products & Services of Monidor

Monidor offers a comprehensive portfolio of products and services, including Monidor Vitals, Monidor IV Screen, and Monidrop W Infusion Meter.

Product name locked
Category locked
Primary

Monitors SpO2 and pulse rate remotely to enhance patient safety.

Product name locked
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Application for remote infusion monitoring and management.

Product name locked
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Device for wireless monitoring of infusions in healthcare.

People of Monidor

Headcount 10-50
Employee Profiles 6
Board Members and Advisors 1
Employee Profiles
People
Mikko Savola
CEO
People
Antti Puolitaival
CMO
People
Petri Savela
Senior Design Engineer
People
Sami-Pekka Mähönen
SW Senior Engineer

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Board Members and Advisors
people
Antti Sivula
Chairman

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Funding Insights of Monidor

Monidor has successfully raised a total of $1.18M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.18 million completed in August 2020. 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 Monidor

Monidor has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Voima Ventures and Innovestor.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Funding is provided for deep tech ventures in Nordics.
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Venture capital investment in early-stage technology, life science, and Health startups
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Government agency and accelerator focusing on innovative startups and SMEs
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Investor details for Monidor

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Investments & Acquisitions by Monidor

Investments
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Investment portfolio details for Monidor

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Financial Statements - Monidor

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Detailed financials for Monidor

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Monidor Comparisons

Monidor Primary company
Description
Remote patient monitoring devices and software are developed...
Location
Oulu, Finland
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Monidor

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Competitors of Monidor

Monidor 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 Gasgon Medical, Shift Labs, Evelabs, VenoVision and Veriphi, among others.

Company Name Domain Founded year HQ Location Description
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Manufacturer of infusion system for hospitals
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Infusion rate monitoring devices are developed for gravity flow applications.
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Smart infusion monitors are developed for hospitals and home care.
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AI-based platform for cardiopulmonary monitoring is developed for ICU patients.
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Laser verification system to prevent injuries and death caused by IV systems
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Detailed competitors of Monidor

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Latest news on Monidor

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Complete news archive for Monidor

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Frequently Asked Questions about Monidor

Monidor was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Monidor is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.

Mikko Savola is the current CEO of Monidor.

Monidor is a funded company, having raised a total of $1.18M across 5 funding rounds to date.

Monidor was founded in 2015 in Oulu, Finland, as a developer of remote patient monitoring devices and software within the healthcare sector. Tools are provided for clinicians to track vital signs and intravenous infusions, with operations focused on enhancing patient safety and optimizing clinical workflows. Products are designed to identify issues early, enabling prompt interventions in healthcare settings.

Monidor's top competitors include Shift Labs, Evelabs and VenoVision.

Monidor offers Monidor Vitals, Monidor IV Screen, and Monidrop W Infusion Meter.

Monidor has 5 investors. Key investors include European Union, Voima Ventures, Innovestor, EIC Fund, and Butterfly Ventures.

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