Credence MedSystems
Latest round
- Seed
Last raised
- Feb 2016
Total raised
- $7.9M
Investors
- 1
About Credence MedSystems
Credence MedSystems, Inc. specializes in the design and manufacture of injectable drug delivery systems. Dan Thayer is the founder, with Jeff Shanley currently serving as CEO.Credence MedSystems, Inc. specializes in innovative injectable drug delivery solutions tailored for pharmaceutical and biotechnology manufacturers. Their core product offerings include the Companion® Syringe System, which features integrated needle safety and usability enhancements designed to facilitate accurate and safe dosing for users of all experience levels. The Dual Chamber Syringe System enables the reconstitution and sequential delivery of drug constituents that require separate storage, addressing formulation and stability challenges inherent in modern drug development. These products serve a diverse client base, including pharmaceutical companies and biotechnological firms, primarily in North America and Europe, allowing for the safe, effective delivery of complex therapeutics while maintaining familiar processes and components.Credence MedSystems operates on a business-to-business model, supplying its drug delivery systems directly to pharmaceutical and biotechnology manufacturers. Their revenue is generated through transactions involving the sale of their flagship products, such as the Companion® Syringe System and the Dual Chamber Syringe System, as well as custom development solutions tailored to specific client needs. These transactions typically involve contractual agreements, where manufacturers procure the devices in accordance with their production requirements and timelines.In September 2021, Credence MedSystems, Inc. The Credence Connect™ Auto-Sensing Injection System, which integrates digital connectivity into any syringe, is among the products in development.
Who invested in Credence MedSystems
1 investor across 1 round
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Funding rounds
Seed
Feb 1, 2016
Amount
$7.9M
Investors
Questions about Credence MedSystems
Who invested in Credence MedSystems?
Credence MedSystems has 1 investor 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 Credence MedSystems raised?
Credence MedSystems has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Credence MedSystems last raise money?
Credence MedSystems's most recent round on record is a Seed, in Feb 2016.
What does Credence MedSystems do?
Credence MedSystems is a medical devices & equipment company.
Where is Credence MedSystems headquartered?
Credence MedSystems is headquartered in Menlo Park, US.
Which VCs invest in companies like Credence MedSystems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Credence MedSystems's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Seed
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