# SUSMED Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/susmed

- Industry: Healthcare IT
- Headquarters: Tokyo, Japan
- Website: www.susmed.co.jp
- Total disclosed funding: $6.6M
- Latest round: Series B (Jun 4, 2018)
- Investors on record: 6

## About

Based in Japan, SUSMED Corporation focuses on providing innovative medical solutions that enhance healthcare delivery and improve patient outcomes through advanced devices and health-related applications.SUSMED Corporation is a medical technology company founded in 2015, located in Tokyo, Japan. Founded by Lauryn Vaughn, the company specialized in advanced medical devices and applications. The company has successfully completed 11 deals, the latest being an IPO on December 24, 2021, where it raised JPY 3.66 billion, valuing the firm at JPY 21.92 billion with a total amount raised of JPY 3.66 billion.SUSMED Corporation specializes in innovative medical solutions designed to enhance healthcare delivery and improve patient outcomes. Their core offerings include advanced medical devices and health-related applications that address specific clinical needs. Healthcare professionals and institutions utilize these solutions for patient monitoring, diagnostics, and therapeutic interventions, aiming to streamline medical processes and enhance patient care. SUSMED markets its products in major healthcare markets across Asia, North America, and Europe, serving a diverse client base including hospitals, clinics, and individual healthcare providers.SUSMED Corporation generates revenue through a model of direct sales and partnerships with healthcare organizations. Healthcare providers typically purchase medical devices and applications directly to integrate into their practices. The pricing structure is defined by specific service and product categories, including subscription plans for ongoing software support and device maintenance. The company's innovative flagship products drive revenue by attracting healthcare clients seeking effective solutions for patient needs, emphasizing long-term relationships and continuous support within the healthcare sector.SUSMED Corporation plans to utilize the funds raised from its recent IPO to support the development of new products aimed at enhancing healthcare delivery. The company targets expansion into new geographic markets, particularly in Asia and Europe, by mid-2023. The recent funding will be directed towards launching innovative medical solutions and scaling operations in these regions to meet the growing demand for advanced medical technology.

## Funding rounds

- Series B, Jun 4, 2018, $6.6M — Dai-ichi Life Insurance, M3, Inc., SBI Investment, Beyond Next Ventures, Sony Innovation Fund, Tokyo Century Corporation

## Investors

- Dai-ichi Life Insurance — Series B
- M3, Inc. — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Beyond Next Ventures (https://capitalatlas.ai/funds/beyond-next-ventures) — Series B
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series B
- Tokyo Century Corporation — Series B