The Foundry
Latest round
- Series A
Last raised
- Jan 2010
Total raised
- $3M
Investors
- 3
About The Foundry
The Foundry, LLC is a Menlo Park, US-based company focused on developing innovative medical solutions.07 mn.The Foundry specializes in the development of innovative medical devices that address significant clinical needs across various health conditions. Among its core product offerings are the Symplicity® Catheter System by Ardian®, designed for renal denervation to treat hypertension, and the Zephyr Valve by Emphasys Medical®, aimed at endobronchial lung volume reduction for severe emphysema., used for transcatheter mitral valve repair. These products serve a diverse client base that includes hospitals, healthcare providers, and clinicians, benefiting patients suffering from complex cardiovascular and respiratory conditions.The Foundry generates revenue through the commercialization of its proprietary medical devices, which are often acquired by larger healthcare companies. Transactions typically occur through business-to-business (B2B) partnerships with hospitals and healthcare institutions that purchase these devices for clinical use. For example, flagship products like the MitraClip® and the Symplicity® Catheter System are sold directly to healthcare providers, who integrate them into their treatment offerings. Revenue streams are structured around these sales, providing consistent income as hospitals adopt these technologies into their treatment regimens. The company is actively working on launching additional products designed for cardiovascular conditions, with a focus on expanding its footprint in international markets, particularly in Europe and Asia, by the end of 2016.
Who invested in The Foundry
3 investors across 1 round
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Funding rounds
Series A
Jan 12, 2010
Amount
$3M
Investors
Questions about The Foundry
Who invested in The Foundry?
The Foundry has 3 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 The Foundry raised?
The Foundry has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did The Foundry last raise money?
The Foundry's most recent round on record is a Series A, in Jan 2010.
What does The Foundry do?
The Foundry, LLC is a Menlo Park, US-based company focused on developing innovative medical solutions.
Where is The Foundry headquartered?
The Foundry is headquartered in Menlo Park, US.
Which VCs invest in companies like The Foundry?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at The Foundry's stage. Their profiles are linked below.
VCs backing healthcare it startups at Series A
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