About Aspire Bariatrics
Aspire Bariatrics is a company based in King Of Prussia (United States) founded in 2004. It operates as a HealthTech. Aspire Bariatrics has raised $29.44 million across 5 funding rounds from investors including Hercules Capital. The company has 7 employees as of December 31, 2022. Aspire Bariatrics offers products and services including AspireAssist. Aspire Bariatrics operates in a competitive market with competitors including EnteroMedics, Elira, Endosphere, Melcap Systems and AspireAssist, among others.
- Headquarter King Of Prussia, United States
- Employees 7 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Aspire Bariatrics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.44 M (USD)
in 5 rounds
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Latest Funding Round
$4.63 M (USD), Series A
Aug 24, 2017
- Investors
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Employee Count
7
as on Dec 31, 2022
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Products & Services of Aspire Bariatrics
Aspire Bariatrics offers a comprehensive portfolio of products and services, including AspireAssist. 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.
A device for weight loss assistance is provided.
Funding Insights of Aspire Bariatrics
Aspire Bariatrics has successfully raised a total of $29.44M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.63 million completed in August 2017. 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 Funding
- Total Rounds 5
- Last Round Series A — $4.6M
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First Round
First Round
(15 Dec 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series A - Aspire Bariatrics | Valuation |
investors |
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| May, 2016 | Amount | Series A - Aspire Bariatrics | Valuation |
investors |
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| Jan, 2015 | Amount | Debt – Conventional - Aspire Bariatrics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aspire Bariatrics
Aspire Bariatrics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hercules Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture debt financing is provided to companies in multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aspire Bariatrics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aspire Bariatrics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aspire Bariatrics Comparisons
Competitors of Aspire Bariatrics
Aspire Bariatrics 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 EnteroMedics, Elira, Endosphere, Melcap Systems and AspireAssist, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Satiety induction through vagal nerve block
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| domain | founded_year | HQ Location |
Wearable neurostimulation devices for appetite suppression are developed by Elira.
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| domain | founded_year | HQ Location |
Provides a duodenal insertable implant for effective obesity treatment.
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| domain | founded_year | HQ Location |
Develops wireless ingestible capsules and apps for non-invasive weight management solutions.
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| domain | founded_year | HQ Location |
Offers a device for effective treatment of obesity.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aspire Bariatrics
Frequently Asked Questions about Aspire Bariatrics
When was Aspire Bariatrics founded?
Aspire Bariatrics was founded in 2004 and raised its 1st funding round 7 years after it was founded.
Where is Aspire Bariatrics located?
Aspire Bariatrics is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
Is Aspire Bariatrics a funded company?
Aspire Bariatrics is a funded company, having raised a total of $29.44M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $12M, raised on Dec 15, 2011.
How many employees does Aspire Bariatrics have?
As of Dec 31, 2022, the latest employee count at Aspire Bariatrics is 7.
What does Aspire Bariatrics do?
Aspire Bariatrics, Inc. is engaged in providing innovative weight loss solutions through medical devices. The companys primary product, AspireAssist, was developed to assist patients in managing weight loss. Operations are being wound down due to financial challenges caused by the COVID-19 pandemic, leading to the withdrawal of AspireAssist from the market as of April 8, 2022. The sector served includes healthcare with a focus on non-surgical weight loss interventions. No safety or effectiveness issues are associated with the product withdrawal.
Who are the top competitors of Aspire Bariatrics?
Aspire Bariatrics's top competitors include EnteroMedics, Elira and Endosphere.
What products or services does Aspire Bariatrics offer?
Aspire Bariatrics offers AspireAssist.
Who are Aspire Bariatrics's investors?
Aspire Bariatrics has 1 investor. Key investors include Hercules Capital.