CoapTech
Latest round
- Series B
Last raised
- Aug 2020
Total raised
- $9.3M
Investors
- 4
About CoapTech
Founded in 2016 in Baltimore, US, CoapTech has developed the PUMA-G System, an innovative solution for performing percutaneous ultrasound gastrostomy procedures.CoapTech offers the PUMA-G System, the first FDA-cleared ultrasound-based solution for bedside gastrostomy tube placement. This technology enables physicians to perform percutaneous ultrasound gastrostomy (PUG) procedures safely at the bedside, significantly reducing risks associated with traditional methods.CoapTech generates revenue primarily through the sales of the PUMA-G System and associated training programs for healthcare providers. Transactions occur through direct sales to hospitals adopting this technology, with a pricing structure that integrates the PUMA-G system alongside training and implementation services to enhance clinical efficiency.Looking ahead, CoapTech plans to leverage the recent grant of USD 50,000 received on January 27, 2022, to support the development and launch of new products aimed at enhancing ultrasound-guided procedures. The company is strategizing on expanding its market presence within the United States, targeting both urban and rural healthcare facilities for broader adoption of the PUMA-G System. These initiatives are designed to be implemented in the near future, reflecting CoapTech's commitment to enhancing procedural safety and efficiency in critical care.
Who invested in CoapTech
4 investors across 2 rounds
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Questions about CoapTech
Who invested in CoapTech?
CoapTech has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CoapTech raised?
CoapTech has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did CoapTech last raise money?
CoapTech's most recent round on record is a Series B, in Aug 2020.
What does CoapTech do?
Founded in 2016 in Baltimore, US, CoapTech has developed the PUMA-G System, an innovative solution for performing percutaneous ultrasound gastrostomy procedures.
Where is CoapTech headquartered?
CoapTech is headquartered in Baltimore, US.
Which VCs invest in companies like CoapTech?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at CoapTech's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series B
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