Capillary Biomedical

Irvine, United States Founded: 2014 • Age: 12 yrs Acquired By Tandem Diabetes
Minimally invasive implants for continuous glucose monitoring are provided.
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About Capillary Biomedical

Capillary Biomedical is a company based in Irvine (United States) founded in 2014 was acquired by Tandem Diabetes in July 2022.. Capillary Biomedical has raised $3 million across 4 funding rounds from investors including Tandem Diabetes, HHS and Pasadena Angels. The company has 1,922 employees as of December 31, 2021. Capillary Biomedical operates in a competitive market with competitors including Dexcom, Livongo, Bigfoot Biomedical, Senseonics and One Drop, among others.

  • Headquarter Irvine, United States
  • Employees 1922 as on 31 Dec, 2021
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Technology → Extended, Virtual & Augmented Reality
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.5 M (USD), Debt – Conventional

    Oct 07, 2020

  • Investors
  • Employee Count
    1922

    as on Dec 31, 2021

  • Acquired by
    Tandem Diabetes

    (Jul 21, 2022)

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People of Capillary Biomedical
Headcount 1000-5000
Employee Profiles 244
Board Members and Advisors 7
Employee Profiles
People
John F. Sheridan
President & CEO
People
Tom Fox
SVP, Human Resources & Organizational Development
People
Peter Rossiter
VP, Information Technology
People
Susan Morrison
EVP & Chief Administrative Officer

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Board Members and Advisors
people
Kathy McGroddy-Goetz
Director
people
Myoung Cha
Director

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Funding Insights of Capillary Biomedical

Capillary Biomedical has successfully raised a total of $3M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.5 million completed in October 2020. 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 4
  • Last Round Debt – Conventional — $1.5M
  • First Round

    (06 May 2014)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Debt – Conventional - Capillary Biomedical Valuation

investors

Aug, 2018 Amount Seed - Capillary Biomedical Valuation Cove Fund
Sep, 2016 Amount Grant - Capillary Biomedical Valuation

investors

HHS
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 Capillary Biomedical

Capillary Biomedical has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Tandem Diabetes, HHS and Pasadena Angels. 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
A charitable trust focused on healthcare and research funding.
Founded Year Domain Location
Seed-stage venture capital funding is provided by Cove Fund.
Founded Year Domain Location
Angel investors are matched with high-growth SMEs across sectors.
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 Capillary Biomedical

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 - Capillary Biomedical

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

Capillary Biomedical Comparisons

Employees
+
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Competitors of Capillary Biomedical

Capillary Biomedical 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 Dexcom, Livongo, Bigfoot Biomedical, Senseonics and One Drop, 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
Wearable glucose monitoring patches are provided for real-time data tracking.
domain founded_year HQ Location
Provider of smart devices for diabetes management for patients and doctors
domain founded_year HQ Location
Developer of a closed-loop automated insulin delivery system
domain founded_year HQ Location
Implantable continuous glucose monitoring systems are provided for diabetes management.
domain founded_year HQ Location
Provider of workforce healthcare solutions
domain founded_year HQ Location
Gamified apps for diabetes management and therapy are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Capillary Biomedical

Frequently Asked Questions about Capillary Biomedical

When was Capillary Biomedical founded?

Capillary Biomedical was founded in 2014.

Where is Capillary Biomedical located?

Capillary Biomedical is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

Is Capillary Biomedical a funded company?

Capillary Biomedical is a funded company, having raised a total of $3M across 4 funding rounds to date. The company's 1st funding round was a Grant of $2.02M, raised on May 06, 2014.

How many employees does Capillary Biomedical have?

As of Dec 31, 2021, the latest employee count at Capillary Biomedical is 1,922.

What does Capillary Biomedical do?

Capillary Biomedical was founded in 2014 and is based in Irvine, United States. The company operates in the biomedical sector, focusing on devices for diabetes management. A small implant is placed under the abdominal skin through an outpatient procedure, where glucose levels in interstitial fluid are measured optically using infrared spectrometry. Data is transmitted wirelessly to external receivers, mobile devices, or insulin pumps, allowing real-time monitoring of glucose trends.

Who are the top competitors of Capillary Biomedical?

Capillary Biomedical's top competitors include Dexcom, Senseonics and Bigfoot Biomedical.

Who are Capillary Biomedical's investors?

Capillary Biomedical has 10 investors. Key investors include Tandem Diabetes, HHS, Pasadena Angels, Helmsley Charitable Trust, and Cove Fund.

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