Tendertec

Cardiff, United Kingdom Founded: 2017 • Age: 9 yrs
Provider of AI-powered ambient sensing for independent living and care support
Annual revenue - Latest available
Total funding $1.0M 5 rounds
Employees 2 Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Tendertec

Tendertec is a company based in Cardiff (United Kingdom) founded in 2017. Tendertec has raised $1.01 million across 5 funding rounds from investors including Development Bank of Wales, UK Research and Innovation and European Union. The company has 2 employees as of March 31, 2022. Tendertec offers products and services including Hestia Platform and FitBees App. Tendertec operates in a competitive market with competitors including MEATER, PyrAmes, Happy Ring, Raiing and BedJet, among others.

  • Headquarter Cardiff, United Kingdom
  • Employees 2 as on 31 Mar, 2022
  • Sectors
    Healthcare
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Tendertec Limited
  • Date of Incorporation 10 Mar, 2017
  • Jurisdiction CARDIFF, WALES
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.01 M (USD)

    in 5 rounds

  • Latest Funding Round
    $561.33 K (USD), Seed

    Jun 04, 2024

  • Investors
  • Employee Count
    2

    as on Mar 31, 2022

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Products & Services of Tendertec

Tendertec offers a comprehensive portfolio of products and services, including Hestia Platform and FitBees App.

Product name locked
Category locked
Primary

System for fall detection and activity tracking using privacy-focused sensors.

Product name locked
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App for community engagement and physical activity tracking.

Funding Insights of Tendertec

Tendertec has successfully raised a total of $1.01M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $561.33 thousand completed in June 2024. 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 Tendertec

Tendertec has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Development Bank of Wales, UK Research and Innovation and European Union.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
VC firm and startup accelerator
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Provider of equity funding and business & property development loans
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A family office based in London managing equity investments.
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Investments & Acquisitions by Tendertec

Investments
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Investment portfolio details for Tendertec

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Financial Statements - Tendertec

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Tendertec Comparisons

Tendertec Primary company
Description
Provider of AI-powered ambient sensing for independent livin...
Location
Cardiff, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2
As of 2022
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Peer comparison for Tendertec

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Competitors of Tendertec

Tendertec 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 MEATER, PyrAmes, Happy Ring, Raiing and BedJet, among others.

Company Name Domain Founded year HQ Location Description
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Smart thermometers are provided to monitor meat temperatures during cooking.
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Non-invasive blood pressure monitoring systems for neonatal care are developed.
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Smart ring for remote patient monitoring and personalised medical insights
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App-connected thermometers for remote monitoring are offered by the platform.
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Bed climate is regulated via smart air technology by BedJet.
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Smart wearables for neonatal hypothermia monitoring are provided.
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Detailed competitors of Tendertec

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Latest news on Tendertec

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Frequently Asked Questions about Tendertec

Tendertec was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Tendertec is headquartered in Cardiff, United Kingdom. It is registered at Cardiff, Wales, United Kingdom.

Tendertec is a funded company, having raised a total of $1.01M across 5 funding rounds to date.

As of Mar 31, 2022, the latest employee count at Tendertec is 2.

Tendertec was founded in 2017 in Cardiff, United Kingdom, within the health technology sector. A platform utilizing thermal sensor technology is offered for fall prevention, activity monitoring, and care assessments. Insights into individual wellbeing and daily activities are delivered to care providers, housing organizations, families, and researchers. A community-building app is also provided to promote physical activity and social engagement.

Tendertec's top competitors include MEATER, Happy Ring and BedJet.

Tendertec offers Hestia Platform and FitBees App.

Tendertec has 7 investors. Key investors include Development Bank of Wales, UK Research and Innovation, European Union, Welsh Government, and Metavallon.

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