OrphoMed
Latest round
- Series A
Last raised
- May 2017
Total raised
- $22M
Investors
- 6
About OrphoMed
OrphoMed, Inc.Founded in 2015, OrphoMed, Inc. operates out of San Francisco, US.OrphoMed specializes in the development of advanced medical technologies aimed at addressing significant challenges in the healthcare sector. Their core product offerings include diagnostic solutions and therapeutic devices designed for use in a variety of clinical environments. These products are engineered to enhance patient outcomes by providing precise and timely data to healthcare professionals, thereby facilitating informed decision-making in treatment pathways. OrphoMed’s solutions primarily serve hospitals, clinics, and specialized medical facilities across various regions, including North America and Europe.Revenue generation for OrphoMed is driven by a multifaceted approach, which includes direct sales of their proprietary medical devices to healthcare institutions and partnerships with larger healthcare organizations. The company’s transaction structure typically involves B2B agreements where hospitals and clinics procure devices through standardized contracts that may include service agreements for ongoing maintenance and support. Pricing plans are established based on the type of device and accompanying services offered, aligning with the company’s strategy to provide tailored solutions for various healthcare settings. OrphoMed's flagship products, recognized for their efficacy and reliability, contribute significantly to the overall revenue while reinforcing their position in the evolving healthcare market.OrphoMed aims to expand its product line with upcoming diagnostic and therapeutic devices, although specific release dates have not been disclosed. The company is also targeting growth in new markets, specifically in Europe and Asia, with an anticipated entry by 2023.
Who invested in OrphoMed
6 investors across 1 round
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Funding rounds
Series A
May 8, 2017
Amount
$22M
Investors
Questions about OrphoMed
Who invested in OrphoMed?
OrphoMed has 6 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 OrphoMed raised?
OrphoMed has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did OrphoMed last raise money?
OrphoMed's most recent round on record is a Series A, in May 2017.
What does OrphoMed do?
OrphoMed is a biotechnology company.
Where is OrphoMed headquartered?
OrphoMed is headquartered in San Francisco, US.
Which VCs invest in companies like OrphoMed?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at OrphoMed's stage. Their profiles are linked below.
VCs backing biotechnology startups at Series A
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