About CoapTech
CoapTech is a company based in Baltimore (United States) founded in 2016.. CoapTech has raised $16.52 million across 11 funding rounds from investors including NIH, HHS and TEDCO. CoapTech offers products and services including PUMA-G System and PUG Procedure. CoapTech operates in a competitive market with competitors including EndoGastric Solutions, EndoChoice, Rockfield, Reliefband and Endo Tools Therapeutics, among others.
- Headquarter Baltimore, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.52 M (USD)
in 11 rounds
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Latest Funding Round
$7.07 M (USD), Series B
Aug 27, 2024
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Investors
NIH
& 6 more
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Employee Count
Employee Count
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Products & Services of CoapTech
CoapTech offers a comprehensive portfolio of products and services, including PUMA-G System and PUG Procedure. 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.
Ultrasound-based solution for bedside feeding tube placement to enhance safety.
Method for percutaneous ultrasound gastrostomy to reduce hospital stay lengths.
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Funding Insights of CoapTech
CoapTech has successfully raised a total of $16.52M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $7.07 million completed in August 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 Funding
- Total Rounds 11
- Last Round Series B — $7.1M
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First Round
First Round
(15 Sep 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series B - CoapTech | Valuation |
investors |
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| Jul, 2023 | Amount | Debt – Conventional - CoapTech | Valuation |
investors |
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| Apr, 2023 | Amount | Debt – Conventional - CoapTech | Valuation |
investors |
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| 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 |
Investors in CoapTech
CoapTech has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include NIH, HHS and TEDCO. 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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Founded Year | Domain | Location | |
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Venture capital fund and startup accelerator programs focused on seed and early stage companies
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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 CoapTech
| 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 - CoapTech
| 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 |
Coaptech Comparisons
Competitors of CoapTech
CoapTech 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 EndoGastric Solutions, EndoChoice, Rockfield, Reliefband and Endo Tools Therapeutics, 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 |
Incisionless transoral procedures for upper GI diseases are developed.
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| domain | founded_year | HQ Location |
Devices, systems, and services are provided for GI specialists.
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| domain | founded_year | HQ Location |
Developer of a medical device for the feeding sector
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| domain | founded_year | HQ Location |
Wearable device is developed for nausea and vomiting relief.
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| domain | founded_year | HQ Location |
Endoscopic catheters for precision in gastroenterology are developed.
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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 Coaptech
Frequently Asked Questions about CoapTech
When was CoapTech founded?
CoapTech was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is CoapTech located?
CoapTech is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Is CoapTech a funded company?
CoapTech is a funded company, having raised a total of $16.52M across 11 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $785K, raised on Sep 15, 2017.
What does CoapTech do?
CoapTech was founded in 2016 in Baltimore, United States, within the medical device sector. A minimally invasive approach for gastrostomy feeding tube placement is provided through the PUMA-G system and the percutaneous ultrasound gastrostomy (PUG) procedure. Magnetic components are employed, including one affixed to an inserted catheter and another for external guidance and control. Operations focus on enhancing patient outcomes in gastrointestinal interventions.
Who are the top competitors of CoapTech?
CoapTech's top competitors include Endo Tools Therapeutics, EndoChoice and Rockfield.
What products or services does CoapTech offer?
CoapTech offers PUMA-G System and PUG Procedure.
Who are CoapTech's investors?
CoapTech has 7 investors. Key investors include NIH, HHS, TEDCO, Hunniwell Lake Ventures, and National Institute of Diabetes and Digestive and Kidney Diseases.