Loop Medical
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $6.4M
Investors
- 2
About Loop Medical
Loop Medical SA develops innovative blood collection solutions aimed at enhancing the patient and healthcare professional experience.Loop Medical SA, founded in 2017 and headquartered in Lausanne, Switzerland, specializes in advanced blood collection devices. The CEO and founder, Arthur Queval, has a background in health technology, which he leveraged to establish the company.Loop Medical specializes in innovative blood collection solutions designed to simplify the process for both patients and healthcare professionals. Their flagship products, Onflow and Maxflow, allow for the collection of blood samples in a manner that is both timely and user-friendly.5 ml of blood in 2-6 minutes, while Maxflow enables the collection of up to 4 ml in 4-7 minutes. These devices facilitate annual blood tests through a single easy draw, integrating seamlessly into patients' lifestyles and encouraging regular health monitoring. The primary end users include patients of all ages requiring blood tests, as well as healthcare providers who benefit from the streamlined collection process.Loop Medical's revenue structure is based on direct sales of its blood collection devices, primarily targeting healthcare institutions and professionals. The company engages in business-to-business transactions, supplying its products to hospitals, clinics, and diagnostic laboratories. The pricing model for their offerings is structured around direct sales agreements, where healthcare providers purchase the devices outright or through negotiated contracts tailored to their specific needs.S. FDA clearance and the manufacturing of its blood collection devices. The company is also focused on expanding its market presence in North America and Europe, with strategic initiatives aimed at enhancing its product offerings and entering new markets by the end of 2023.
Who invested in Loop Medical
2 investors across 1 round
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Funding rounds
Series A
Oct 14, 2021
Amount
$6.4M
Investors
Questions about Loop Medical
Who invested in Loop Medical?
Loop Medical has 2 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 Loop Medical raised?
Loop Medical has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Loop Medical last raise money?
Loop Medical's most recent round on record is a Series A, in Oct 2021.
What does Loop Medical do?
Loop Medical SA develops innovative blood collection solutions aimed at enhancing the patient and healthcare professional experience.
Where is Loop Medical headquartered?
Loop Medical is headquartered in Lausanne, Switzerland.
Which VCs invest in companies like Loop Medical?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back medical devices & equipment companies at Loop Medical's stage. Their profiles are linked below.
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