Bluedrop Medical

Medical Devices & EquipmentSeedGalway, Irelandbluedropmedical.com

Latest round

Seed

Last raised

Sep 2019

Total raised

$1.3M

Investors

3

About Bluedrop Medical

Founded in 2015 and headquartered in Galway, Ireland, Bluedrop Medical Ltd specializes in creating healthcare products that focus on diabetic foot disease management. The company was founded by Simon Kiersey, who has a history of entrepreneurship in the medical technology sector.Bluedrop Medical specializes in innovative solutions aimed at reducing the burden of diabetic foot disease through its core product, the OneStep Foot Scanner. This device, resembling a home weighing scale, allows users to check their feet in approximately 30 seconds by standing on the scanner, which captures and transmits foot temperature data and high-resolution images for remote analysis. The company also offers the EveryStep Monitoring Service, which analyzes the collected data to identify risk areas on the feet and facilitates communication between patients and healthcare providers. Targeting individuals with diabetes, particularly those at risk of developing diabetic foot ulcers (DFUs), Bluedrop Medical's products are designed for use primarily in the United States.Bluedrop Medical generates revenue through its innovative product offerings, specifically the OneStep Foot Scanner and the EveryStep Monitoring Service. The company utilizes a subscription-based model for its monitoring service, enabling healthcare providers to access ongoing analysis and support for their patients. By partnering with clinics and healthcare facilities, Bluedrop Medical provides these tools to assist in preventing complications associated with diabetic foot disease. Revenue is derived from both direct sales of the OneStep Foot Scanner and ongoing subscription fees linked to the monitoring services, ensuring clients receive continuous foot health insights. Looking ahead, Bluedrop Medical plans to introduce new products targeted at improving diabetic foot health and aims to enter additional markets across the United States, supporting its growth strategy.

Who invested in Bluedrop Medical

3 investors across 1 round

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Funding rounds

  1. Seed

    Sep 19, 2019

    Amount

    $1.3M

    Investors

    Locked

Questions about Bluedrop Medical

Who invested in Bluedrop Medical?

Bluedrop Medical has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Bluedrop Medical raised?

Bluedrop Medical has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Bluedrop Medical last raise money?

Bluedrop Medical's most recent round on record is a Seed, in Sep 2019.

What does Bluedrop Medical do?

Founded in 2015 and headquartered in Galway, Ireland, Bluedrop Medical Ltd specializes in creating healthcare products that focus on diabetic foot disease management.

Where is Bluedrop Medical headquartered?

Bluedrop Medical is headquartered in Galway, Ireland.

Which VCs invest in companies like Bluedrop Medical?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back medical devices & equipment companies at Bluedrop Medical's stage. Their profiles are linked below.

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