Tempdrop

Company Overview

Snapshot

Founded in December 2013 by Michael Vardi and Tal Ron, Tempdrop operates with 11–50 employees. The company has secured funding across three rounds from Indiegogo and H.A. Components & Agencies ltd. A key development was its acquisition of Sleekbit in May 2019, expanding its market presence.

Business overview

Tempdrop develops a wearable smart device designed to help women track their fertility. The core technology involves a sensor worn under the arm that continuously monitors sleep quality and body temperature, integrating two temperature sensors and an acceleration sensor. This data is processed by proprietary learning algorithms and a patent-pending active temperature-noise cancellation filtering algorithm to identify personal sleeping temperature patterns and filter out disturbances. The collected data is stored in the cloud and integrates with users' preferred fertility apps. Tempdrop serves the digital healthcare market, focusing on women's health, fertility, and remote patient monitoring.

Strategic signal

In May 2019, Tempdrop acquired Sleekbit, a move that significantly expanded its market reach and product offerings. This acquisition demonstrates Tempdrop's strategic intent to consolidate its position in the femtech and fertility tracking sector, signaling to investors a proactive approach to growth through inorganic expansion and a commitment to enhancing its ecosystem of fertility management tools.

Company Intelligence Q&A

What is Tempdrop's primary offering?

Tempdrop offers a wearable smart device that helps women track their fertility by continuously monitoring sleep quality and body temperature using advanced sensor technology and proprietary algorithms.

When was Tempdrop founded and by whom?

Tempdrop was founded in December 2013 by Michael Vardi and Tal Ron.

What was a significant corporate development for Tempdrop in 2019?

In May 2019, Tempdrop acquired Sleekbit, expanding its product portfolio and market reach in the fertility tracking space.

Which investors have participated in Tempdrop's funding rounds?

Tempdrop has received funding from investors including Indiegogo and H.A. Components & Agencies ltd.