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
Not available
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Net Profit
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EBITDA
Not available
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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.
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.
Investors in Aspire Bariatrics
Aspire Bariatrics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hercules Capital.
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Venture debt financing is provided to companies in multiple sectors.
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Investor details for Aspire Bariatrics
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Investments & Acquisitions by Aspire Bariatrics
Investment portfolio details for Aspire Bariatrics
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Financial Statements - Aspire Bariatrics
Detailed financials for Aspire Bariatrics
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Aspire Bariatrics Comparisons
Peer comparison for Aspire Bariatrics
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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.
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Satiety induction through vagal nerve block
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Wearable neurostimulation devices for appetite suppression are developed by Elira.
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Provides a duodenal insertable implant for effective obesity treatment.
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Develops wireless ingestible capsules and apps for non-invasive weight management solutions.
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Offers a device for effective treatment of obesity.
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Detailed competitors of Aspire Bariatrics
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Latest news on Aspire Bariatrics
Complete news archive for Aspire Bariatrics
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Frequently Asked Questions about Aspire Bariatrics
Aspire Bariatrics was founded in 2004 and raised its 1st funding round 7 years after it was founded.
Aspire Bariatrics is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
Aspire Bariatrics is a funded company, having raised a total of $29.44M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Aspire Bariatrics is 7.
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.
Aspire Bariatrics's top competitors include EnteroMedics, Elira and Endosphere.
Aspire Bariatrics offers AspireAssist.
Aspire Bariatrics has 1 investor. Key investors include Hercules Capital.