Spirus Medical
Latest round
- Series B
Last raised
- May 2009
Total raised
- $15M
Investors
- 3
About Spirus Medical
Spirus Medical, Inc.Spirus Medical, Inc. specializes in creating advanced medical devices for endoscopic procedures, including gastroenterology and cardiology. The company was acquired by Olympus Corporation in July 2011. Based in West Bridgewater, US, Spirus Medical has conducted a total of 4 deals.585 mn.Spirus Medical, LLC focuses on developing innovative medical devices for gastrointestinal and cardiovascular endoscopic procedures. Their flagship products include the Endo-Ease Discovery® SB for enteroscopy and the Vista® Retrograde for colonoscopy, featuring unique rotate-to-advance technology. Additionally, the Dexterity™ Steerable Introducer offers easy access to heart anatomy for improved procedural outcomes.Spirus Medical generates revenue through direct business-to-business sales to healthcare facilities, including hospitals and specialty clinics. Their main revenue streams come from the sale of proprietary devices like the Endo-Ease Discovery® SB, Vista® Retrograde, and Dexterity™ Steerable Introducer, typically through contract agreements. Each sale is negotiated based on volume and product specifications, aligning pricing with the advanced technology of their devices. The company is focused on expanding its market presence in North America and Europe, specifically targeting regions with increasing healthcare demands by the end of 2013. The acquisition by Olympus Corporation is expected to facilitate these growth initiatives, aligning Spirus Medical with a larger network and resources for product development and distribution.
Who invested in Spirus Medical
3 investors across 3 rounds
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Questions about Spirus Medical
Who invested in Spirus Medical?
Spirus Medical has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spirus Medical raised?
Spirus Medical has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Spirus Medical last raise money?
Spirus Medical's most recent round on record is a Series B, in May 2009.
What does Spirus Medical do?
Spirus Medical is a medical devices & equipment company.
Where is Spirus Medical headquartered?
Spirus Medical is headquartered in West Bridgewater, US.
Which VCs invest in companies like Spirus Medical?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Spirus Medical's stage. Their profiles are linked below.
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