About Sooil Development
Sooil Development is a company based in Seoul (South Korea) founded in 1981. It operates as a D2C, and B2C. Sooil Development offers products and services including DANA Diabecare-i, DANA Diabecare IIS, and DANA Mobile App. Sooil Development operates in a competitive market with competitors including Tandem Diabetes, Kaleido, Modular Medical, LenoMed and Asante Solutions, among others.
- Headquarter Seoul, South Korea
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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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- Legal Name Sooil Developments Co., Ltd
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Annual Revenue
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Latest Funding Round
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Products & Services of Sooil Development
Sooil Development offers a comprehensive portfolio of products and services, including DANA Diabecare-i, DANA Diabecare IIS, and DANA Mobile App. 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.
Device for precise insulin delivery to manage blood sugar in diabetics.
Pump with features for adjustable insulin dosing and blood sugar tracking.
App for easy monitoring and management of blood glucose levels.
Funding Insights of Sooil Development
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Sooil Development
| 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 - Sooil Development
| 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 |
Sooil Development Comparisons
Competitors of Sooil Development
Sooil Development 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 Tandem Diabetes, Kaleido, Modular Medical, LenoMed and Asante Solutions, 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 |
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| domain | founded_year | HQ Location |
Developer of devices for continuous glucose monitoring and manual insulin delivery
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| domain | founded_year | HQ Location |
Insulin pumps and monitoring software for diabetes are developed.
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| domain | founded_year | HQ Location |
Insulin pumps are developed for continuous delivery to diabetic patients.
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| domain | founded_year | HQ Location |
Developer of closed loop insulin delivery devices
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| domain | founded_year | HQ Location |
Insulin pump systems are developed and customized by Asante Solutions.
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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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Latest news on Sooil Development
Frequently Asked Questions about Sooil Development
When was Sooil Development founded?
Sooil Development was founded in 1981.
Where is Sooil Development located?
Sooil Development is headquartered in Seoul, South Korea.
What does Sooil Development do?
SOOIL Development focuses on advancing diabetes care through innovative insulin pump technology and mobile applications. They manufacture devices for precise insulin delivery and offer support via an online mall. Based in Yongin-si, South Korea, with a branch in San Diego, USA, the company serves individuals with diabetes by promoting normal blood sugar maintenance and preventing complications through user-friendly tools.
Who are the top competitors of Sooil Development?
Sooil Development's top competitors include Tandem Diabetes, Kaleido and Modular Medical.
What products or services does Sooil Development offer?
Sooil Development offers DANA Diabecare-i, DANA Diabecare IIS, and DANA Mobile App.
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