One Drop

One Drop

Diabetes management platform with connected meter

Overview

One Drop provides a health tech platform for diabetes management and overall wellness. Its flagship mobile app works with a Bluetooth glucose meter to log readings, show trends, and track related metrics like blood pressure and heart health, while offering coaching and subscription bundles such as Complete Diabetes and Complete Weight for Heart Health. The service combines device data, personalized coaching, and bundled memberships with data integration across apps and devices to help users stay organized. The goal is to help people manage diabetes and other health conditions more easily through data-driven guidance and ongoing support.

About One Drop

Simplify's Rating
Why One Drop is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consumer Software

Healthcare

Company Size

1-10

Company Stage

Series C

Total Funding

$102.6M

Headquarters

New York City, New York

Founded

2015

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Simplify's Take

What believers are saying

  • Bayer-led $34.7M Series C in 2020 fuels expansion into new therapeutics.
  • NYC Digital Health 100 recognition highlights AI, diagnostics, telehealth leadership.
  • Reported $20.4M revenue with 97 employees supports scaling operations.

What critics are saying

  • Dexcom G7 CGM erodes manual meter share with fingerstick-free readings now.
  • Abbott FreeStyle Libre 3 captures 70% CGM market, driving test strip churn.
  • FDA-approved OTC Dexcom Stelo commoditizes monitoring, collapsing meter demand.

What makes One Drop unique

  • One Drop integrates Bluetooth glucose meter with AI-driven app for real-time tracking.
  • App offers ADA-accredited coaching from Certified Diabetes Educators via mobile.
  • Expands beyond diabetes with AI cardiovascular disease prevention module.

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Funding

Total Funding

$102.6M

Below

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Company News

Seedance AI CORP.
Oct 6th, 2023
Blood Glucose Monitoring Devices Market Robust Demand Aided Revenue Growth | Bayer AG,Lifescan, Inc.,Dexcom, Inc.,Sanofi

Also, in 2021, One Drop announced to launch biosensor device for continuous glucose monitoring for Type 1 and Type 2 diabetes, prediabetes as well as other chronic diseases patients.

One Drop
Nov 30th, 2022
Press | One Drop Donates $38K+ in Supplies to Insulin for Life USA

Earlier this year, on the heels of Russia’s invasion of Ukraine, One Drop partnered with another health-focused organization, EIT Health.

Cision
Oct 28th, 2022
Spruce Continues Hiring Momentum With Addition Of Senior Vp Of Engineering

Spruce, the leading lifestyle service provider, today welcomed Brian Huddleston as the company’s Senior VP of Engineering. Brian’s decade of engineering experience includes executive level positions at high growth companies including as the SVP of Engineering at digital health company One Drop and as the Senior Director of Development at Sprinklr. Brian is based in Austin, TX and is also a graduate of The University of Texas at Austin. “Spruce has a unique opportunity to advance tech features in the amenity space and I’m excited to be a part of it," said Brian Huddleston, Senior VP of Engineering at Spruce. “I will be focused on driving innovation at Spruce to ensure the company delivers on a convenient and intuitive experience for our customers,” said Huddleston

One Drop
May 5th, 2022
One Drop recognized as Best Personal Health App at 2022 MedTech Breakthrough Awards Program on May 5th 22'.

One Drop, a leader in precision health solutions for people living with diabetes and other chronic conditions, today announced that it has been named Best Personal Health App in the 2022 MedTech Breakthrough Awards Program, which recognizes outstanding health and medical technology products and companies.

HME News
May 4th, 2022
One Drop recognized as NYC Digital Health 100 on Feb 2nd 22'.

NEW YORK – One Drop has been named to the NYC Digital Health 100 by New York City Health Business Leaders (NYCHBL) for being an innovative startup in New York dedicated to transforming health care.

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