Life Recovery Systems HD

Founded in 2003 and headquartered in Alexandria, US, Life Recovery Systems HD, LLC focuses on medical cooling innovations. The company has engaged in one deal, the most recent being in December 2017.Life Recovery Systems specializes in advanced medical cooling solutions, primarily through its flagship product, the ThermoSuit®. This innovative device enables healthcare providers to cool patients to a target temperature of 33ºC within approximately 30 minutes, a process known as therapeutic hypothermia. The primary use cases for the ThermoSuit® involve emergency medical situations where rapid cooling can be critical, such as in cases of cardiac arrest or traumatic brain injury. The company serves a diverse clientele, including hospitals, emergency medical services, and healthcare facilities focused on critical care, with a specific emphasis on markets across North America and Europe.Life Recovery Systems generates revenue through direct sales of its ThermoSuit® products to healthcare institutions and emergency medical services. Transactions typically occur through standardized procurement processes, with hospitals purchasing devices either outright or through leasing agreements. The company may also engage in partnerships that facilitate wider distribution channels, allowing for increased access to its technology in various healthcare settings. Pricing structures for the ThermoSuit® and associated services are tailored to meet the needs of institutions, reflecting the critical nature of the product in emergency medical care. Life Recovery Systems is focusing on developing new variations of the ThermoSuit® to cater to a broader spectrum of medical emergencies. Additionally, the company aims to enter new markets in Europe and Asia by 2025, enhancing its distribution channels to meet the growing demand for effective cooling solutions in emergency medical settings.

1. Seed

   Dec 21, 2017

   Amount

   Undisclosed

   Investors

   Locked