One Drop

Health tech for diabetes and wellness management

New York City, New York, United States

About One Drop

One Drop specializes in health technology focused on diabetes management and related health conditions. Its main product is a mobile app that works with a Bluetooth-enabled blood glucose meter, allowing users to easily monitor their blood sugar levels. The app provides a platform for managing diabetes, blood pressure, heart health, and weight, making it suitable for a wide range of users, including those with diabetes and prediabetes. One Drop differentiates itself from competitors by offering a subscription model that includes essential supplies like test strips and lancets, as well as personalized coaching services to help users achieve their health goals. The company aims to empower individuals to take control of their health through accessible tools and support.

New York City, New YorkHeadquarters
2015Year Founded
$99.8MTotal Funding
SERIES_CCompany Stage
HealthcareIndustries
51-200Employees

Risks

Increased competition from established players like Bayer AG and Dexcom, Inc.
Departure of key personnel may affect innovation and competitive edge.
Expansion into new areas may dilute brand identity and core focus.

Differentiation

One Drop offers a comprehensive platform for diabetes and chronic disease management.
The app integrates with a Bluetooth-enabled blood glucose meter for seamless monitoring.
One Drop provides personalized coaching and subscription services for proactive health management.

Upsides

Integration with AI enhances personalized health insights for users.
Remote patient monitoring trend aligns with One Drop's digital health solutions.
Rising demand for mental health support offers expansion opportunities for One Drop.

Funding

Total raised$99.80 M
Latest valuation$200.00 M
StageSERIES_C
SERIES C
7/31/2020
$35
$200.00 M
SERIES B
8/31/2019
$40
$200.00 M
CONVERTIBLE
3/31/2018
$6
EARLY VC
4/30/2017
$6
$30.50 M