Concentric Medical
Latest round
- Series E
Last raised
- Dec 2008
Total raised
- $15M
Investors
- 3
About Concentric Medical
Concentric Medical, Inc. is a medical device company focused on developing innovative solutions for neurovascular diseases.Concentric Medical, Inc. specializes in neurovascular access technologies. Founded in 1999 in Mountain View, US, the company was acquired by Stryker Corporation in October 2011 for USD 135 mn. The acquisition marked a significant pivot in its operational strategy, aligning with Stryker's portfolio of advanced medical technologies. The company has engaged in five notable deals, indicating its strategic growth.Stryker is recognized for its extensive range of advanced medical technology products and solutions, primarily specializing in medical and surgical equipment, orthopaedics, and neurotechnology. The company's flagship products include the Incompass™ Total Ankle System, designed for patients with severely damaged ankle joints, and the AXS Lift Intracranial Base Catheter, which simplifies neurovascular access for interventional therapies. Stryker's offerings also encompass a purpose-built small vessel and arteriovenous (AV) access thrombectomy system, aimed at delivering rapid and comprehensive clot removal.Stryker generates revenue through a multi-faceted transaction structure that includes direct sales to healthcare providers, partnerships with hospitals, and distribution through surgical technology wholesalers. The company's revenue model features a range of services, encompassing both equipment sales and ongoing support for its medical devices. Transactions may involve one-time purchases of proprietary devices such as the Incompass™ Total Ankle System or the AXS Lift Catheter, alongside subscription-based services for ongoing training and maintenance.The acquisition of Concentric Medical, Inc. by Stryker Corporation will facilitate the integration of advanced neurovascular solutions into Stryker's existing product lines. Future growth strategies may include the development and introduction of new neurovascular products, leveraging the expertise gained from Concentric's innovations. Expansion into emerging markets, particularly in Asia-Pacific and Latin America, is anticipated to enhance Stryker's market presence by 2015.
Who invested in Concentric Medical
3 investors across 1 round
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Funding rounds
Series E
Dec 18, 2008
Amount
$15M
Investors
Questions about Concentric Medical
Who invested in Concentric Medical?
Concentric Medical has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Concentric Medical raised?
Concentric Medical has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Concentric Medical last raise money?
Concentric Medical's most recent round on record is a Series E, in Dec 2008.
What does Concentric Medical do?
Concentric Medical is a medical devices & equipment company.
Where is Concentric Medical headquartered?
Concentric Medical is headquartered in Mountain View, US.
Which VCs invest in companies like Concentric Medical?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Concentric Medical's stage. Their profiles are linked below.
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