T
Tendertec
AI-powered remote monitoring for elderly and vulnerable people
About Tendertec
Tendertec is a company in the health and social care technology sector, founded in 2017 by Dr. Afroditi Konidari and Rui Zhang. The founders' personal experiences with remotely caring for parents with chronic conditions inspired the company's mission. Headquartered in Cardiff, United Kingdom, Tendertec develops technology to support independent living for the elderly and vulnerable.
The company's core offering is Hestia, a connected care platform that utilizes artificial intelligence and non-intrusive, privacy-first sensors. These wall-mounted heat sensors monitor daily living patterns, movement, and temperature without using cameras to detect risks like falls and unusual behavior. The system provides real-time alerts and data-driven insights to caregivers, care providers, and housing services, enabling preventative care and timely interventions. Hestia's technology is designed to detect more fall-risk events than what is often reported by caregivers.
Tendertec's business model serves both B2B and B2C markets, providing solutions to care providers, housing services, and directly to families. The company generates revenue through its AI-powered technologies and care platform. In addition to Hestia, Tendertec has developed FitBees, a social wellness platform that uses AI home sensors and wearable tech to encourage physical activity among seniors and individuals with learning disabilities. The company has raised a total of $2.59M in funding from investors that include the Development Bank of Wales, Metavallon VC, and Innovate UK.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Cardiff, United Kingdom
- Employees
- 9
- Open positions
- None listed
- Dealroom signal
- 77.6/100
- Industry
- Health
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Senior Citizens
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Machine Learning, Deep Learning, Autonomous & Sensor Tech, Connected Device, Mobile app, IoT InternetOfThings
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Jun 2024 | $581K | $4.9M | Development Bank of Wales · Puffin Point · Theti Club angels | ↗ |
| GRANT✓Other financing | Jun 2022 | $977K | — | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Tendertec is 970 monthly website visits, up 21.2% over the last three months. Tendertec's team declined 10% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Metavallon VC
ERDF
Horizon 2020
Development Bank of Wales- PPPuffin Point
Theti Club angels
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Tendertec on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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