The company has introduced a device named Mendor Discreet, a self-contained blood glucose meter.[2][3] It allows users to upload and analyze results online using software known as Balance.
History
Mendor was founded in December 2005[4] by Jukka Planman, Tuomas Planman, Henri Andell, Juho Konsti and Kristian Ranta,[2][3][5] after a successful entry in the national business plan competition Venture Cup. It was a portfolio company of Finnish early stage venture capital fund Veraventure and was voted as the most attractive company for venture capital investment amongst Finnish start-up companies.[6]
Tech Tour, a European wide, independent non-profit organization committed to the development of emerging technology companies, selected Mendor as one of the top 30 most promising high growth Nordic technology companies.[7] Mendor was also granted the Innosuomi / Uusimaa award in 2010.[8]
In 2011, Red Herring, an international technology publication, selected Mendor for the TOP 100 list of European growth companies.[9]
In 2012, Mendor announced an international partnership in Great Britain with Merck Serono.[10] TiE50, a US-based global organization that tracks technology growth companies, awarded Mendor with the Technology Award for Innovation.