About Tec4med
Tec4med is a company based in Darmstadt (Germany) founded in 2017 was acquired by Cryoport in November 2023.. Tec4med offers products and services including Tec4Cloud, Real-time Monitoring, Condition Monitoring, and Pharma Shippers. Tec4med operates in a competitive market with competitors including Glassbeam, Asimily, TraceLink, Lumere and CyberMDX, among others.
- Headquarter Darmstadt, Germany
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Sectors
TechnologyHealthcare Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Tec4med Lifescience Gmbh
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Annual Revenue
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Cryoport
(Nov 02, 2023)
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Products & Services of Tec4med
Tec4med offers a comprehensive portfolio of products and services, including Tec4Cloud, Real-time Monitoring, Condition Monitoring, and Pharma Shippers. 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.
Cloud platform for real-time pharmaceutical supply chain visibility
Provides end-to-end tracking for pharma shipments and conditions
IoT devices for tracking environmental conditions in transport
Solutions for secure pharmaceutical product shipping and handling
Funding Insights of Tec4med
| 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 |
Investors in Tec4med
Tec4med has secured backing from 1 investor. Prominent investors backing the company include Cryoport Systems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cold chain logistics are provided for life sciences materials.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tec4med
| 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 - Tec4med
| 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 |
Tec4med Comparisons
Competitors of Tec4med
Tec4med 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 Glassbeam, Asimily, TraceLink, Lumere and CyberMDX, 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 |
AI and cloud-based medical equipment’s machine data management tool for providers
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Medical device assets are managed via an online platform.
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| domain | founded_year | HQ Location |
Pharmaceutical supply chains are tracked via cloud and AI platforms.
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| domain | founded_year | HQ Location |
Provider of supply chain management and formulary management for pharmacies and healthcare organizations
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| domain | founded_year | HQ Location |
AI-based cybersecurity solutions for healthcare networks are delivered.
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| domain | founded_year | HQ Location |
SaaS-based surgical instrument tracking solutions are offered for healthcare providers.
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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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On-demand services are booked through an app-based platform.
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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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Frequently Asked Questions about Tec4med
When was Tec4med founded?
Tec4med was founded in 2017.
Where is Tec4med located?
Tec4med is headquartered in Darmstadt, Germany. It is registered at Darmstadt, Hesse, Germany.
What does Tec4med do?
Tec4med was founded in 2017 in Darmstadt, Germany. Integrated solutions for cold supply chains are offered, focusing on the healthcare and logistics sectors. The NelumBox, an IoT-enabled active cooling device, is provided to maintain temperatures between 2-8C or 15-25C. Connected software is included for real-time monitoring of location, temperature, and other physical parameters. Operations emphasize reliable tracking in supply chain environments.
Who are the top competitors of Tec4med?
Tec4med's top competitors include Glassbeam, Controlant and Asimily.
What products or services does Tec4med offer?
Tec4med offers Tec4Cloud, Real-time Monitoring, Condition Monitoring, and Pharma Shippers.
Who are Tec4med's investors?
Tec4med has 1 investor. Key investors include Cryoport Systems.