KitoTech Medical

KitoTech Medical, Inc.Founded in 2011 in Seattle, US, KitoTech Medical, Inc. develops advanced wound closure devices.KitoTech Medical is primarily focused on the development and commercialization of microMend, an innovative wound closure device that utilizes a dual-action system comprising gentle, gripping Microstaples and Cantilever Springs. This product provides the holding strength equivalent to sutures while allowing for natural skin movement, which minimizes irritation and scarring at the wound site. microMend is designed for a wide range of applications, catering to both emergency situations and everyday injuries, making it especially suitable for use in pediatric care, as it eliminates the need for needles and traditional suturing methods. The company offers a variety of microMend products in multiple sizes to address nearly all types of wounds, ensuring accessibility for consumers.KitoTech Medical generates revenue through the direct sale of its microMend products, which are marketed to both healthcare providers and individual consumers. Transactions typically occur through retail channels, including both physical and online platforms, where customers can purchase individual packs or multi-device kits, such as the microMend Laceration Kit and the 2-in-1 Wound Repair Kit. The pricing structure of these products reflects their unique value proposition, with costs ranging based on the specific configuration and the number of devices included in each package.In December 2021, KitoTech Medical, Inc. The company aims to expand its offerings with new products designed for broader applications in wound care. Plans for entering additional geographic markets are also in consideration, targeting expansion by 2023 to capture a larger share of the global wound care market.

1. Series A

   Jun 1, 2018

   Amount

   Undisclosed

   Investors

   Locked