About Conformal Medical
Conformal Medical is a company based in Nashua (United States) founded in 2016 by Aaron Kaplan, Carol Devellian, and Andy Levine.. Conformal Medical has raised $161 million across 4 funding rounds from investors including Fidelity Investments, SPRIG Equity and CHV. The company has 29 employees as of December 31, 2022. Conformal Medical offers products and services including CLAAS System. Conformal Medical operates in a competitive market with competitors including MicroTransponder, Perfuze, MIVI Neuroscience, Wallaby Medical and Enspire DBS Therapy, among others.
- Headquarter Nashua, United States
- Employees 29 as on 31 Dec, 2022
- Founders Aaron Kaplan, Carol Devellian, Andy Levine
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Conformal Medical 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
$161 M (USD)
in 4 rounds
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Latest Funding Round
$32 M (USD), Series D
Aug 12, 2025
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Investors
Fidelity Investments
& 2 more
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Employee Count
29
as on Dec 31, 2022
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Products & Services of Conformal Medical
Conformal Medical offers a comprehensive portfolio of products and services, including CLAAS System. 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.
Foam implant to seal left atrial appendage and reduce stroke risk.
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Funding Insights of Conformal Medical
Conformal Medical has successfully raised a total of $161M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $32 million completed in August 2025. 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 — $32.0M
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First Round
First Round
(03 Dec 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series D - Conformal Medical | Valuation |
investors |
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| May, 2023 | Amount | Series D - Conformal Medical | Valuation | Sprig Equity |
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| Aug, 2020 | Amount | Series C - Conformal Medical | Valuation | CHV |
| 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 Conformal Medical
Conformal Medical has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, SPRIG Equity and CHV. 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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SPRIG Equity is focused on investing in MedTech innovation.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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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 Conformal Medical
| 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 - Conformal Medical
| 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 |
Conformal Medical Comparisons
Competitors of Conformal Medical
Conformal Medical 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 MicroTransponder, Perfuze, MIVI Neuroscience, Wallaby Medical and Enspire DBS Therapy, 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 |
Neurostimulation for chronic pain management, tinnitus treatment and post-stroke rehabilitation
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| domain | founded_year | HQ Location |
A medical device for acute ischemic stroke treatment is developed.
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| domain | founded_year | HQ Location |
Catheters and devices for acute ischemic stroke treatment are developed.
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| domain | founded_year | HQ Location |
A medical device for stroke treatment is developed.
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| domain | founded_year | HQ Location |
Stroke recovery therapy is developed via deep brain stimulation.
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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 Conformal Medical
Frequently Asked Questions about Conformal Medical
When was Conformal Medical founded?
Conformal Medical was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Conformal Medical located?
Conformal Medical is headquartered in Nashua, United States. It is registered at Nashua, New Hampshire, United States.
Is Conformal Medical a funded company?
Conformal Medical is a funded company, having raised a total of $161M across 4 funding rounds to date. The company's 1st funding round was a Series C of $85M, raised on Dec 03, 2018.
How many employees does Conformal Medical have?
As of Dec 31, 2022, the latest employee count at Conformal Medical is 29.
What does Conformal Medical do?
Conformal Medical was founded in 2016 in Nashua, United States, as a medical device company focused on cardiovascular health. A proprietary seal technology has been developed to prevent stroke in patients with atrial fibrillation, eliminating the need for anticoagulants. Operations center on device innovation and clinical applications within the healthcare sector, targeting non-invasive treatment options for cardiac conditions.
Who are the top competitors of Conformal Medical?
Conformal Medical's top competitors include MicroTransponder, Perfuze and NeuroLutions.
What products or services does Conformal Medical offer?
Conformal Medical offers CLAAS System.
Who are Conformal Medical's investors?
Conformal Medical has 3 investors. Key investors include Fidelity Investments, SPRIG Equity, and CHV.