About Sugarmate
Sugarmate is a Healthcare company based in New York (United States) founded in 2016, and was acquired by Tandem Diabetes in June 2020. Smart solutions for blood glucose monitoring are provided by Sugarmate. Sugarmate has raised $185 thousand across 1 funding round from investors including Tandem Diabetes. Its website sugarmate.io draws about 130 thousand monthly visits. Sugarmate offers products and services including Sugarmate App and Data Visualization Tools. Its focus areas include HealthTech, Disease Self Management, Diabetes and Monitoring. Its legal entity is Sugarmate, Inc. Its competitors include Glooko and Tidepool; 2 of its 2 listed competitors have raised funding.
Company details
Sugarmate is a provider of smart solutions for blood glucose monitoring. It helps in managing blood sugars, insulin levels, meds, diet carbohydrate intake in food. It allows users to read the sugar levels directly from the app offers data. Users can text friends or family with location sugar level drops too low by using the app. Features include alert system, real-time data, interactive graph, real-time device syncing, Amazon Alexa Skill, nutritional database, exercise detection, voice recognition dictation, Apple Health, multi-user support others.
- Headquarters New York, United States
- Stage Acquired
- SectorsHealthcare
- Website sugarmate.io
- Social X Facebook Instagram
- Acquired by Tandem Diabetes (Jun 2020)
- Legal Name Sugarmate, Inc.
- Total Equity Funding$185K (USD)
in 1 rounds
- Latest Funding Round$185K (USD), Seed
Oct 2019
- Investors
- Acquired byTandem Diabetes
(Jun 2020)
Products & Services of Sugarmate
Sugarmate offers a comprehensive portfolio of products and services, including Sugarmate App and Data Visualization Tools.
App that visualizes CGM data for effective diabetes monitoring and alerts.
Features for tracking diabetes statistics and trends in real-time.
Funding Insights of Sugarmate
Sugarmate has successfully raised a total of $185K through 1 strategic funding round. The most recent funding activity was a Seed round of $185 thousand completed in October 2019. 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 $185,000
- Total Rounds 1
- Last Round Seed — $185,000
- First Round $185,000
(Oct 2019)
All 1 funding rounds of Sugarmate 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 |
|---|---|---|---|---|---|
| Oct 2019 | $185,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Sugarmate
Sugarmate has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tandem Diabetes.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Developer of devices for continuous glucose monitoring and manual insulin delivery | 2008 | tandemdiabetes.com | San Diego, United States |
Investor details for Sugarmate
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Timeline of Sugarmate
3 dated milestones of Sugarmate across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Sugarmate is founded.
- Funding First funding round of $185K.
- Exit Acquired by Tandem Diabetes.
Competitors of Sugarmate
Sugarmate has 2 listed competitors in our database, 2 of them funded. They include Glooko and Tidepool.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| glooko.com | 2010 | Palo Alto, United States | $201M | 121 | Diabetes management is enabled via glucose meters and mobile apps. | |
| tidepool.org | 2012 | San Francisco, United States | $1.5M | 3 | SaaS for Type 1 diabetes management is provided by Tidepool. |
Detailed competitors of Sugarmate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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- Operating metrics
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Web traffic of Sugarmate
The website of Sugarmate (sugarmate.io) receives about 129.7K visits a month.
- Monthly visits129.7K
▲ 89.1% vs previous month
Websites whose visitors overlap most with Sugarmate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dexcom.com | 100% | 2.8M | #19,957 | View details |
Top companies in Health Monitoring & Wearables
3 companies that operate in the same segment as Sugarmate (Health Monitoring & Wearables) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
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 | |
Diabetes management is enabled via glucose meters and mobile apps. | 2010 | Palo Alto, California, United States | USD 201 M |
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Related news about Sugarmate
Complete news archive for Sugarmate
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Frequently Asked Questions about Sugarmate
Sugarmate was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Sugarmate is headquartered in New York, United States. It is registered at New York, New York, United States.
Sugarmate is a funded company, having raised a total of $185K across 1 funding round to date. The company's 1st funding round was a Seed of $185K, raised on Oct 2019.
Sugarmate is a provider of smart solutions for blood glucose monitoring. It helps in managing blood sugars, insulin levels, meds, diet carbohydrate intake in food. It allows users to read the sugar levels directly from the app offers data. Users can text friends or family with location sugar level drops too low by using the app. Features include alert system, real-time data, interactive graph, real-time device syncing, Amazon Alexa Skill, nutritional database, exercise detection, voice recognition dictation, Apple Health, multi-user support others.
Sugarmate offers Sugarmate App and Data Visualization Tools.
Sugarmate has 1 investor. Key investors include Tandem Diabetes.
Sugarmate operates through Sugarmate, Inc..
Yes. Sugarmate was acquired by Tandem Diabetes in June 2020.
The website of Sugarmate receives about 130 thousand visits a month.