SafKan

Medical Devices & EquipmentSeries ARedmond, USotoset.com

Latest round

Series A

Last raised

Dec 2022

Total raised

$13M

Investors

7

About SafKan

SafKan, Inc.Founded in 2016 and headquartered in Redmond, US, SafKan, Inc. focuses on ear care solutions. The company was founded by Aadil Diwan and Sahil Diwan.SafKan Health specializes in the OtoSet® Ear Cleaning System, an innovative solution designed to address ear care and hygiene for individuals experiencing ear-related issues. This automated, FDA-cleared device utilizes a combination of irrigation and micro-suction technology to effectively break down and remove earwax buildup in a quick and mess-free manner. The OtoSet® system not only simplifies the ear cleaning process but also enhances user comfort, making it accessible for a wide range of patients. The company primarily targets healthcare providers and clinics, offering their product to practitioners who can administer the service to patients seeking relief from earwax-related discomfort.The revenue model for SafKan Health is built around the distribution of the OtoSet® Ear Cleaning System to certified clinics and healthcare facilities. Transactions are structured as direct sales to healthcare providers, who then offer ear cleaning services to their patients, creating a B2B transaction environment. Additionally, the company may engage in partnerships with clinics that allow for collaborative promotion and use of the OtoSet® device in ear care treatments. While specific pricing details for the OtoSet® system are not disclosed, the device is positioned as a premium solution within the healthcare market, reflecting the innovative technology and added benefits it provides to both practitioners and patients.In December 2022, SafKan, Inc. The company plans to design and launch new products within the ear care sector, focusing on enhancing patient access to effective ear hygiene solutions.

Who invested in SafKan

7 investors across 2 rounds

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Funding rounds

  1. Series A

    Dec 15, 2022

    Amount

    $13M

    Investors

    Locked

  2. Series A

    Jul 10, 2018

    Amount

    Undisclosed

    Investors

    Locked

Questions about SafKan

Who invested in SafKan?

SafKan has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SafKan raised?

SafKan has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did SafKan last raise money?

SafKan's most recent round on record is a Series A, in Dec 2022.

What does SafKan do?

SafKan is a medical devices & equipment company.

Where is SafKan headquartered?

SafKan is headquartered in Redmond, US.

Which VCs invest in companies like SafKan?

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

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