About BAROnova
BAROnova is a company based in Goleta (United States) founded in 2006.. BAROnova has raised $77.8 million across 4 funding rounds from investors including Boston Scientific, Allergan and Longitude Capital. The company has 1 employees as of December 31, 2021. BAROnova operates in a competitive market with competitors including Apollo Endo, USGI Medical, ReShape, Vibrynt and Satiety, among others.
- Headquarter Goleta, United States
- Employees 1 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Baronova, 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
$77.8 M (USD)
in 4 rounds
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Latest Funding Round
$36.5 M (USD), Series D
Nov 23, 2015
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Investors
Boston Scientific
& 8 more
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Employee Count
1
as on Dec 31, 2021
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Funding Insights of BAROnova
BAROnova has successfully raised a total of $77.8M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $36.5 million completed in November 2015. 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 4
- Last Round Series D — $36.5M
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First Round
First Round
(01 May 2006)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Series D - BAROnova | Valuation | Longitude Capital , Delos Capital Partners | |
| Feb, 2013 | Amount | Series C - BAROnova | Valuation | Sante Ventures , Boston Scientific | |
| Oct, 2008 | Amount | Series B - BAROnova | 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 BAROnova
BAROnova has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Boston Scientific, Allergan and Longitude 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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Private equity firm focused on life science sector
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early stage VC firm investing in the US
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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 BAROnova
| 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 - BAROnova
| 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 |
Baronova Comparisons
Competitors of BAROnova
BAROnova 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 Apollo Endo, USGI Medical, ReShape, Vibrynt and Satiety, 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 |
Therapeutic devices for obesity and GI disorders are developed.
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| domain | founded_year | HQ Location |
Incisionless operating platform for weight loss surgery
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| domain | founded_year | HQ Location |
A dual intra-gastric balloon system is provided for weight loss.
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| domain | founded_year | HQ Location |
Provides durable coat hooks and storage solutions for home use.
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| domain | founded_year | HQ Location |
Develops a device for transoral gastroplasty to induce satiety through endoscopic methods.
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| domain | founded_year | HQ Location |
Restrictive gastric implants and procedures are developed to induce satiety.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Baronova
Frequently Asked Questions about BAROnova
When was BAROnova founded?
BAROnova was founded in 2006.
Where is BAROnova located?
BAROnova is headquartered in Goleta, United States. It is registered at Goleta, California, United States.
Who is the current CEO of BAROnova?
Hugh Narciso is the current CEO of BAROnova.
Is BAROnova a funded company?
BAROnova is a funded company, having raised a total of $77.8M across 4 funding rounds to date. The company's 1st funding round was a Series B of $7.5M, raised on May 01, 2006.
How many employees does BAROnova have?
As of Dec 31, 2021, the latest employee count at BAROnova is 1.
What does BAROnova do?
BAROnova was founded in 2006 in Goleta, United States, as a clinical-stage medical-device company. Focus is placed on non-surgical interventions for weight management within the healthcare sector. The TransPyloric Shuttle is designed for endoscopic placement in the stomach to promote satiety and delay gastric emptying. Operations involve device development and clinical trials, with FDA approval pending for the product.
Who are the top competitors of BAROnova?
BAROnova's top competitors include Apollo Endo, ReShape and USGI Medical.
Who are BAROnova's investors?
BAROnova has 9 investors. Key investors include Boston Scientific, Allergan, Longitude Capital, Sante Ventures, and ONSET Ventures.