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About One Drop
Industries
Healthcare
Company Size
51-200
Company Stage
Series C
Total Funding
$99.8M
Headquarters
New York City, New York
Founded
2015
Overview
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 individuals with various health needs. One Drop stands out 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's goal is to empower users to take control of their health through proactive management and support.
Simplify's Take
What believers are saying
- 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.
What critics are saying
- 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.
What makes One Drop unique
- 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.
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Funding
Total Funding
$99.8M
Meets
Industry Average
Funded Over
5 Rounds
BoxGroupIndustry standards
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↓ -2%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.
Earlier this year, on the heels of Russia’s invasion of Ukraine, One Drop partnered with another health-focused organization, EIT Health.
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, 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.
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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About One Drop
Industries
Healthcare
Company Size
51-200
Company Stage
Series C
Total Funding
$99.8M
Headquarters
New York City, New York
Founded
2015
There are no jobs for One Drop right now.
Find jobs on Simplify and start your career today