# EndoChoice

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/endochoice

- Industry: Medical Devices & Equipment
- Headquarters: Alpharetta, US
- Website: www.endochoice.com
- Total disclosed funding: $105M
- Latest round: Series D (Mar 5, 2015)
- Investors on record: 7

## About

EndoChoice, Inc. specializes in providing advanced medical products and solutions for gastrointestinal procedures, enhancing clinical efficiency and patient care through innovative technology and services.Founded in 2008 in Alpharetta, US, EndoChoice, Inc. focuses on developing medical devices for gastrointestinal procedures. It was acquired by Boston Scientific Corporation in September 2016 for USD 210 mn after successfully raising USD 92.3 mn in its IPO in June 2015. Will Parks, the founder, has a background in medical technology and entrepreneurship.EndoChoice, Inc. delivers a range of medical devices and solutions designed to improve gastrointestinal procedures, catering to healthcare professionals. Their offerings include innovative imaging systems, endoscopy products, and diagnostic tools that enhance clinical capabilities and patient outcomes, addressing the needs of healthcare providers in the gastroenterology field.In the year 2015, EndoChoice, Inc. reported revenues of USD 72.30 mn, with an EBITDA of USD -41.65 mn, indicating the company's financial performance during that period.EndoChoice, Inc. intends to leverage its recent funding from the acquisition to expand its product portfolio and enhance its technology offerings. The company is focusing on introducing new medical devices aimed at simplifying gastrointestinal procedures, targeting markets in North America and Europe for expansion by late 2017. The strategic use of the capital from the acquisition will support research and development efforts to innovate and enhance existing products, ensuring alignment with market demands.

## Funding rounds

- Series D, Mar 5, 2015, $57M — Hong Shan, Deerfield Management, Rock Springs Capital, Ally Bridge Group
- Series D, Jan 4, 2013, $43M — Hong Shan, RC Capital, Envest Private Equity, Council Capital
- Series C, Jan 12, 2011, $4.6M — RC Capital, Envest Private Equity, Council Capital
- Series B, Aug 21, 2009 — RC Capital, Council Capital
- Series A, May 19, 2008 — RC Capital

## Investors

- RC Capital (https://capitalatlas.ai/funds/rc-capital) — Series A, Series B, Series C, Series D
- Council Capital (https://capitalatlas.ai/funds/council-capital) — Series B, Series C, Series D
- Envest Private Equity (https://capitalatlas.ai/funds/envest-private-equity) — Series C, Series D
- Hong Shan — Series D
- Deerfield Management (https://capitalatlas.ai/funds/deerfield-management) — Series D
- Rock Springs Capital — Series D
- Ally Bridge Group (https://capitalatlas.ai/funds/ally-bridge-group) — Series D