Arsenal Medical

Waltham, United States Founded: 2005 • Age: 21 yrs
Polymer-based foams and fibers are developed for medical applications.
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About Arsenal Medical

Arsenal Medical is a company based in Waltham (United States) founded in 2005 by Eric Stern, George Whitesides, and Robert Langer.. Arsenal Medical has raised $69.89 million across 20 funding rounds from investors including HHS, Intersouth Partners and Polaris Partners. The company has 16 employees as of December 31, 2022. Arsenal Medical offers products and services including NeoCast and ResQFoam. Arsenal Medical operates in a competitive market with competitors including Kerecis, Tidal Vision, Polymateria, Newlight Technologies and Puraffinity, among others.

  • Headquarter Waltham, United States
  • Employees 16 as on 31 Dec, 2022
  • Founders Eric Stern, George Whitesides, Robert Langer
  • Sectors
    Chemicals & Materials
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Arsenal Medical, Inc.
Operational Areas
Chemicals & Materials → Advanced & Functional Materials
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $69.89 M (USD)

    in 20 rounds

  • Latest Funding Round
    $1.91 M (USD), Grant

    May 15, 2021

  • Investors
    HHS

    & 4 more

  • Employee Count
    16

    as on Dec 31, 2022

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Products & Services of Arsenal Medical

Arsenal Medical offers a comprehensive portfolio of products and services, including NeoCast and ResQFoam. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Injectable material for neurovascular occlusion to control bleeding.

Expanding foam for abdominal trauma to manage hemorrhage.

People of Arsenal Medical
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Lee Core
Chief Operating Officer & Executive Vice President
People
Jeffrey Groom II
Senior Director Of Innovation
People
Barry Shaw
VP of Quality
People
Jon Merlo
Director of Product Development

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Funding Insights of Arsenal Medical

Arsenal Medical has successfully raised a total of $69.89M across 20 strategic funding rounds. The most recent funding activity was a Grant round of $1.91 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 20
  • Last Round Grant — $1.9M
  • First Round

    (01 May 2005)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2021 Amount Grant - Arsenal Medical Valuation

investors

HHS
Jul, 2020 Amount Grant - Arsenal Medical Valuation

investors

HHS
Jun, 2019 Amount Series D - Arsenal Medical Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Arsenal Medical

Arsenal Medical has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, Intersouth Partners and Polaris Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage life sciences and tech focused VC firm funding companies in the US
Founded Year Domain Location
US focused venture capital firm
Founded Year Domain Location
US focused seed to growth stage VC firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Arsenal Medical

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Arsenal Medical

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Arsenal Medical Comparisons

Employees
+
Add Comparison
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Competitors of Arsenal Medical

Arsenal Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kerecis, Tidal Vision, Polymateria, Newlight Technologies and Puraffinity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Multiple services are booked via an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Arsenal Medical

Frequently Asked Questions about Arsenal Medical

When was Arsenal Medical founded?

Arsenal Medical was founded in 2005.

Where is Arsenal Medical located?

Arsenal Medical is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Who is the current CEO of Arsenal Medical?

Ivan Kiselev is the current CEO of Arsenal Medical.

Is Arsenal Medical a funded company?

Arsenal Medical is a funded company, having raised a total of $69.89M across 20 funding rounds to date. The company's 1st funding round was a Series D of $6.02M, raised on May 01, 2005.

How many employees does Arsenal Medical have?

As of Dec 31, 2022, the latest employee count at Arsenal Medical is 16.

What does Arsenal Medical do?

Arsenal Medical was founded in 2005 and is headquartered in Waltham, United States. Polymer-based foams and fibers are developed by the company for use in medical devices. A system is being created that involves injecting an in-situ curing elastomeric polymer material to fill and seal aneurysm sacs around stent-grafts. Operations focus on advancing these materials within the biotechnology and medical device sectors.

Who are the top competitors of Arsenal Medical?

Arsenal Medical's top competitors include Kerecis, Newlight Technologies and Tidal Vision.

What products or services does Arsenal Medical offer?

Arsenal Medical offers NeoCast and ResQFoam.

Who are Arsenal Medical's investors?

Arsenal Medical has 5 investors. Key investors include HHS, Intersouth Partners, Polaris Partners, North Bridge Venture Partners, and National Oceanic and Atmospheric Administration.

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