Bluedrop Medical Overview
- Year Founded
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2014
- Status
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Private
- Employees
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23
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$11.7M
- Investors
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17
Bluedrop Medical General Information
Description
Developer of a diabetic foot monitoring device designed to enable early detection of foot ulcers. The company's device conducts daily foot scans and transmits data to the cloud for algorithmic analysis, enabling healthcare providers to identify complications sooner, prevent amputations, and improve patient outcomes while reducing treatment costs.
Contact Information
Website
www.bluedropmedical.comCorporate Office
- Ground Floor, Unit 4
- Ballybrit Business Park
- Galway H91 A4XW
- Ireland
Corporate Office
- Ground Floor, Unit 4
- Ballybrit Business Park
- Galway H91 A4XW
- Ireland
Bluedrop Medical Timeline
Bluedrop Medical Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 16. Later Stage VC | 12-Dec-2025 | $11.7M | Completed | Generating Revenue | ||
| 15. Later Stage VC | 31-Mar-2023 | Completed | Generating Revenue | |||
| 14. Later Stage VC | 20-Dec-2021 | Completed | Startup | |||
| 13. Grant | 27-Sep-2021 | Completed | Startup | |||
| 12. Grant | 03-Dec-2019 | Completed | Startup | |||
| 11. Later Stage VC | 19-Sep-2019 | Completed | Startup | |||
| 10. Accelerator/Incubator | 01-Jan-2019 | Completed | Startup | |||
| 9. Seed Round | 21-Dec-2018 | Completed | Generating Revenue | |||
| 8. Seed Round | $1.33M | $2.06M | Completed | Startup | ||
| 7. Grant | $2.5M | $734K | Completed | Startup |
Bluedrop Medical Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A Preferred | ||||||||
| Ordinary | ||||||||
| Series A Preferred | ||||||||
| Series A Preferred | ||||||||
| Series A Preferred | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 1,066 | $1.160381 | $176.17 | $176.17 | 1x | $176.17 | 0.41% | |
| Ordinary | 263 | $1.160381 | $110.31 | $110.31 | 1x | $110.31 | 0.1% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Bluedrop Medical Comparisons
Industry
Financing
Details
Bluedrop Medical Competitors (3)
One of Bluedrop Medical’s 3 competitors is Orpyx, a Venture Capital-Backed company based in Calgary, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Orpyx | Venture Capital-Backed | Calgary, Canada | ||||
| Podimetrics | Venture Capital-Backed | Somerville, MA | ||||
| Reapplix | Venture Capital-Backed | Birkerod, Denmark |
Bluedrop Medical Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Bluedrop Medical Patents
Bluedrop Medical Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260066133-A1 | Ai-based method for analyzing deviations between observed and predicted skin feature characteristics | Pending | 05-Sep-2024 | ||
| WO-2026052803-A1 | Ai-based method for analyzing deviations between observed and predicted skin feature characteristics | Pending | 05-Sep-2024 | ||
| WO-2026052803-A9 | Ai-based method for analyzing deviations between observed and predicted skin feature characteristics | Pending | 05-Sep-2024 | ||
| US-20260069199-A1 | Method and system for predictive risk assessment of skin abnormalities | Pending | 05-Sep-2024 | ||
| US-20260060607-A1 | Method for adaptive image acquisition in a skin inspection system | Pending | 05-Sep-2024 | A61B5/447 |
Bluedrop Medical Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Bluedrop Medical Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| DeepIE Ventures | Venture Capital | Minority | ||
| eic | PE-Backed Company | Minority | ||
| Irrus Investments | Angel Group | Minority | ||
| Ascentifi | Venture Capital | Minority | ||
| Atlantic Bridge Capital | Growth/Expansion | Minority |
Bluedrop Medical FAQs
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When was Bluedrop Medical founded?
Bluedrop Medical was founded in 2014.
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Where is Bluedrop Medical headquartered?
Bluedrop Medical is headquartered in Galway, Ireland.
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What is the size of Bluedrop Medical?
Bluedrop Medical has 23 total employees.
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What industry is Bluedrop Medical in?
Bluedrop Medical’s primary industry is Diagnostic Equipment.
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Is Bluedrop Medical a private or public company?
Bluedrop Medical is a Private company.
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What is the current valuation of Bluedrop Medical?
The current valuation of Bluedrop Medical is .
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What is Bluedrop Medical’s current revenue?
The current revenue for Bluedrop Medical is .
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How much funding has Bluedrop Medical raised over time?
Bluedrop Medical has raised $30.3M.
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Who are Bluedrop Medical’s investors?
DeepIE Ventures, eic, Irrus Investments, Ascentifi, and Atlantic Bridge Capital are 5 of 17 investors who have invested in Bluedrop Medical.
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Who are Bluedrop Medical’s competitors?
Orpyx, Podimetrics, and Reapplix are competitors of Bluedrop Medical.
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