Bluedrop Medical

Healthcare Connected

General Information
Company Name
Bluedrop Medical
Founded Year
2015
Location (Offices)
Ireland +2
Founders / Decision Makers
Number of Employees
17
Industries
Health Care, Medical Devices
Funding Stage
Seed
Social Media

Bluedrop Medical - Company Profile

Bluedrop Medical is a healthcare startup founded in 2015 and based in Ireland. The company's mission is encapsulated in the slogan "Healthcare Connected." Bluedrop Medical has developed a revolutionary patented system aimed at addressing the significant global issue of diabetic foot ulcers. With nearly half a billion diabetics worldwide, it is estimated that up to 25% will develop a foot ulcer at some point in their lives, with hundreds of thousands facing amputation due to infection. Bluedrop Medical's approach involves combining detection technology with the Internet of Things, thereby creating a connected health system capable of identifying ulcers early on. This early detection enables more effective and affordable treatment. The latest significant milestone for the company was a €10.50M Venture Round investment on 31 March 2023. The investment came from a consortium of notable investors, including Atlantic Bridge Ventures, Irrus Investments, The European Innovation Council, Furthr VC, Ascentifi, HBAN Medtech Syndicate, Western Development Commission, and Elkstone Capital Partners. Bluedrop Medical's innovative approach holds promise in significantly reducing the global burden of diabetic foot ulcers.

Taxonomy: Diabetes, Connected Health, Medical Technology, Foot Ulcers, Patient Care, Detection Technology, Peripheral Neuropathy, Amputation Prevention

Funding Rounds & Investors of Bluedrop Medical (6)

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Funding Stage Amount No. Investors Investors Date
Seed Round €10.50M 8 Western Development Commission, HBAN Medtech Syndicate +1 31 Mar 2023
Venture Round €15.00M 6 Western Development Commission, HBAN Medtech Syndicate 20 Dec 2021
Seed Round €1.20M 4 Western Development Commission, HBAN Medtech Syndicate 19 Sep 2019
Grant $2.50M 1 19 Sep 2019
Non Equity Assistance Unknown 2 Dreamit Healthtech 28 Mar 2017

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Latest News of Bluedrop Medical

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No recent news or press coverage available for Bluedrop Medical.

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