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Mendor was a Finnish health technology company from Helsinki. It specialized in diabetes care solutions. The company's headquarters was located in the business district of Keilaniemi in Espoo, Finland. Mendor filed for bankruptcy in January of 2017.
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Innovations
The company has introduced a device named Mendor Discreet, a patented, new type of blood glucose meter, which contains all required accessories and consumables (meter, lancet and strip) in one unit. Balance, is the Mendor's on-line application software, enabling users to upload and analyze results from the meter.
Mendor Discreet has been referred to as the iPhone of glucose meters. Diabetes Mine reviewed a pre-release model of their Portable All-In-One Glucose meter and gave it "high marks on form factor and user-friendliness," adding that "but there are limits to the innovation here". Just recently Mendor Discreet blood glucose meter was reviewed at Health Central by longtime Diabetes industry professional - David Mendosa with great feedback.
Company
Mendor was a portfolio company of Finnish early stage venture capital fund - Veraventure and was voted as the most attractive company for venture capital investment among all the Finnish start-up companies.
Tech Tour, a European wide, independent non-profit organization committed to the development of emerging technology companies, recently selected Mendor as one of the top 30 most promising high growth Nordic technology companies. Mendor was also granted the Innosuomi / Uusimaa award in 2010.
Mendor was founded by Jukka Planman, Tuomas Planman and Kristian Ranta.
History
After a successful entry in a national business plan competition, Venture Cup, the core team decided to found the company in December 2005. User driven product development was started immediately and also several patent applications got filed during the next months.
In 2017 the company filed for bankruptcy.