Medical Ingenuities
Latest round
- Seed
Last raised
- May 2021
Total raised
- Undisclosed
Investors
- 1
About Medical Ingenuities
Founded in 2011, Medical Ingenuities, LLC operates from Wheaton, US, specializing in the design and manufacture of medical devices such as the PH Band System. The company was established by Tony Olivito, who has a background in medical technology.Medical Ingenuities specializes in the design and manufacture of innovative medical devices, with a core emphasis on the PH Band System, a proprietary closure device for radial artery procedures. This system leverages real-time Doppler feedback to provide audible confirmation of antegrade blood flow, ensuring that the radial artery remains patent following closure. By eliminating the need for continual pressure adjustments, the PH Band System streamlines the post-procedure care process for healthcare providers. The primary end-users of this product include interventional cardiologists and vascular surgeons, primarily within hospitals and outpatient surgical centers.The revenue model of Medical Ingenuities revolves around direct sales of its flagship PH Band System to healthcare institutions, which includes hospitals and surgical centers. Transactions typically occur through established procurement contracts, where institutions purchase the device in bulk to meet their operational needs. This B2B model allows for consistent revenue generation through institutional partnerships, enhancing the company's market presence. The pricing structure for the PH Band System reflects its advanced technology and the critical role it plays in patient care, although specific pricing details are not disclosed. The company aims to enhance its product lineup with advanced medical devices targeted for release in the near future. Additionally, there are strategic plans to enter new geographic regions, further solidifying its presence in the healthcare sector.
Who invested in Medical Ingenuities
1 investor across 1 round
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Funding rounds
Seed
May 24, 2021
Amount
Undisclosed
Investors
Questions about Medical Ingenuities
Who invested in Medical Ingenuities?
Medical Ingenuities 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 Medical Ingenuities raised?
Medical Ingenuities has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Medical Ingenuities last raise money?
Medical Ingenuities's most recent round on record is a Seed, in May 2021.
What does Medical Ingenuities do?
Founded in 2011, Medical Ingenuities, LLC operates from Wheaton, US, specializing in the design and manufacture of medical devices such as the PH Band System.
Where is Medical Ingenuities headquartered?
Medical Ingenuities is headquartered in Wheaton, US.
Which VCs invest in companies like Medical Ingenuities?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Medical Ingenuities's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Seed
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