Ceroflo

Galway, Ireland Founded: 2017 • Age: 9 yrs
Manufacturing services for ICAD medical devices are provided by Ceroflo.
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About Ceroflo

Ceroflo is a company based in Galway (Ireland) founded in 2017.. Ceroflo has raised $6.88 million across 2 funding rounds from investors including Moore Ireland and Disruptive Technologies Innovation Fund. Ceroflo operates in a competitive market with competitors including KLOwen, NeuWave, Spectrohm, Aibo Medical and BNC Bancorp, among others.

  • Headquarter Galway, Ireland
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.88 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.88 M (USD), Series A

    Feb 05, 2024

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Ceroflo

Ceroflo has successfully raised a total of $6.88M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.88 million completed in February 2024. 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 2
  • Last Round Series A — $6.9M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Series A - Ceroflo Valuation

investors

Nov, 2022 Amount Grant - Ceroflo 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 Ceroflo

Ceroflo has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Moore Ireland and Disruptive Technologies Innovation Fund. 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
-
Founded Year Domain Location
Moore Ireland is recognized as a leading accounting 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 Ceroflo

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 - Ceroflo

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

Ceroflo Comparisons

Employees
+
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Competitors of Ceroflo

Ceroflo 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 KLOwen, NeuWave, Spectrohm, Aibo Medical and BNC Bancorp, 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
Digital tools for orthodontists are provided by KLOwen.
domain founded_year HQ Location
Microwave ablation systems for soft tissue and cancer are developed.
domain founded_year HQ Location
Provider of radio-frequency internal imaging solutions for medical, security, and non-destructive evaluation
domain founded_year HQ Location
Vascular interventional surgery robot systems are developed by the company.
domain founded_year HQ Location
Psychological testing tools are provided by BNC Bancorp.
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 Ceroflo

Frequently Asked Questions about Ceroflo

When was Ceroflo founded?

Ceroflo was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Where is Ceroflo located?

Ceroflo is headquartered in Galway, Ireland.

Who is the current CEO of Ceroflo?

Chloe Brown is the current CEO of Ceroflo.

Is Ceroflo a funded company?

Ceroflo is a funded company, having raised a total of $6.88M across 2 funding rounds to date.

What does Ceroflo do?

Ceroflo was established in 2017 in Galway, Ireland, where operations are based. Services in the medical devices sector are focused on manufacturing for ICAD devices, supporting production processes for healthcare applications. The company operates from its Irish location, with activities centered on specialized fabrication and assembly. Leadership is held by CEO Chloe Brown, overseeing development in this niche field.

Who are the top competitors of Ceroflo?

Ceroflo's top competitors include KLOwen, Spectrohm and NeuWave.

Who are Ceroflo's investors?

Ceroflo has 2 investors. Key investors include Moore Ireland, and Disruptive Technologies Innovation Fund.

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