Protaryx Medical

Medical Devices & EquipmentSeries ABaltimore, USprotaryx.com

Latest round

Series A

Last raised

Jun 2020

Total raised

$5.1M

Investors

2

About Protaryx Medical

Protaryx Medical Inc.Founded in 2019 and headquartered in Baltimore, US, Protaryx Medical Inc. specializes in developing transseptal access devices.1 mn.Protaryx Medical specializes in the development of innovative transseptal access devices designed to facilitate the crossing of the atrial septum in the heart. The core product, designed for transcatheter transseptal procedures, aims to enhance workflow efficiency and support catheter-based, minimally invasive left heart interventional therapies. Key features of this device include zero exchange compatibility for left atrial therapy devices, high echogenicity for improved visibility during procedures, and an extendable atraumatic positioning fossa probe. The company's proprietary RF guidewire complements the device, ensuring compatibility with commonly used electrosurgical generators.Protaryx Medical's revenue model is predicated on direct sales of their transseptal access device and associated products to healthcare institutions, including hospitals and specialized cardiac centers. The company engages in B2B transactions, establishing partnerships with medical distributors and device manufacturers to enhance market penetration and accessibility. While specific pricing plans for their flagship products are not disclosed, the structure typically revolves around bulk purchase agreements or individual unit sales tailored to the needs of healthcare facilities. The company is also focused on expanding its reach into European markets, aiming to establish a stronger presence by the end of 2023.

Who invested in Protaryx Medical

2 investors across 1 round

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Funding rounds

  1. Series A

    Jun 30, 2020

    Amount

    $5.1M

    Investors

    Locked

Questions about Protaryx Medical

Who invested in Protaryx Medical?

Protaryx 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 Protaryx Medical raised?

Protaryx Medical has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Protaryx Medical last raise money?

Protaryx Medical's most recent round on record is a Series A, in Jun 2020.

What does Protaryx Medical do?

Protaryx Medical is a medical devices & equipment company.

Where is Protaryx Medical headquartered?

Protaryx Medical is headquartered in Baltimore, US.

Which VCs invest in companies like Protaryx Medical?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Protaryx Medical's stage. Their profiles are linked below.

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