CoapTech

Baltimore, United States Founded: 2016 • Age: 10 yrs
Minimally invasive gastrostomy feeding tube placement method is developed.
Annual revenue - Latest available
Total funding $16.5M 11 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $16.52 M (USD)

    in 11 rounds

  • Latest Funding Round
    $7.07 M (USD), Series B

    Aug 27, 2024

  • Investors
    NIH

    & 6 more

  • Employee Count
    Not available
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Products & Services of CoapTech

CoapTech offers a comprehensive portfolio of products and services, including PUMA-G System and PUG Procedure.

Product name locked
Category locked
Primary

Ultrasound-based solution for bedside feeding tube placement to enhance safety.

Product name locked
Category locked
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Method for percutaneous ultrasound gastrostomy to reduce hospital stay lengths.

People of CoapTech

Headcount 10-50
Employee Profiles 6
Board Members and Advisors 2
Employee Profiles
People
Jared Wineberg
Senior Vice President Of Engineering
People
Noah Barasch
Director of Clinical R&D
People
Howard Carolan
Co-Founder & CEO
People
Steven Tropello
Founder & CMO

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Board Members and Advisors
people
Jeff Katz
Director
people
William Walker
Director

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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.

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.

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Venture Fund
Institutional
Investor Description 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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Public health and human services are overseen by HHS.
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Investor details for CoapTech

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Investments & Acquisitions by CoapTech

Investments
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Investment portfolio details for CoapTech

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Financial Statements - CoapTech

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Detailed financials for CoapTech

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Coaptech Comparisons

CoapTech Primary company
Description
Minimally invasive gastrostomy feeding tube placement method...
Location
Baltimore, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CoapTech

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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.

Company Name Domain Founded year HQ Location Description
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Incisionless transoral procedures for upper GI diseases are developed.
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Devices, systems, and services are provided for GI specialists.
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Developer of a medical device for the feeding sector
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Wearable device is developed for nausea and vomiting relief.
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Endoscopic catheters for precision in gastroenterology are developed.
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Detailed competitors of CoapTech

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Latest news on Coaptech

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Complete news archive for CoapTech

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Frequently Asked Questions about CoapTech

CoapTech was founded in 2016 and raised its 1st funding round 1 year after it was founded.

CoapTech is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

CoapTech is a funded company, having raised a total of $16.52M across 11 funding rounds to date.

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.

CoapTech's top competitors include Endo Tools Therapeutics, EndoChoice and Rockfield.

CoapTech offers PUMA-G System and PUG Procedure.

CoapTech has 7 investors. Key investors include NIH, HHS, TEDCO, Hunniwell Lake Ventures, and National Institute of Diabetes and Digestive and Kidney Diseases.

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