Razorfish Cofounder Raises $8 Million For Diabetes App

A diabetes administration app from the cofounder of Razorfish, the digital company behind many Fortune 500 websites, just raised an $8 million funding spherical. One Drop, an iOS-primarily based dashboard for knowledge from internet of issues-enabled glucose meters (along with meals and blood sugar knowledge), got the collection A spherical from RRE, with further participation from over 4 investors. the corporate raised a earlier $1 million from buyers this previous April.

One Drop is the most recent entrant into a super-crowded box of wearables and smartphone apps for diabetics. as a result of increasingly diabetics are being recognized and a complicated confluence of Fitbits/Jawbone u.s.and Apple health gadgets being integrated into daily life, along with the truth that diabetics wish to continuously reveal their situation, the field has been fertile entry for startups and biopharm giants alike. alternatively, One Drop has one advantage: CEO Jeff Dachis began probably the most world’s most influential digital agencies, and nonetheless maintains an excellent Rolodex.

In an interview, Dachis informed quick firm that “one of the vital weird issues in regards to the diabetes business is that quite a few firms are there to generate income from anyone with a power disease. What we want to do is to reduce the fee and complexity of managing diabetes for any person with diabetes so they may be able to keep extra neatly, visit the doctor less, and typically be more fit. we think data-driven insights are an way with a purpose to preserve folks extra conscious concerning the tools they want.”

Dachis, who has type 1 LADA diabetes, declined to state what number of customers the app has. subsequent on the agenda, the company says, is developing an Android model.