About Cork Medical
Cork Medical is a company based in Indianapolis (United States) founded in 2007 was acquired by Rehab Medical in February 2019.. Cork Medical offers products and services including Negative Pressure Wound Therapy, Specialty Mattresses, and Wheelchair Cushions. Cork Medical operates in a competitive market with competitors including Kinetic Concepts, WiCare, Spiracur, RE CoolingTech and Cardinal Health, among others.
- Headquarter Indianapolis, 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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- Legal Name Cork Medical
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Rehab Medical
(Feb 01, 2019)
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Products & Services of Cork Medical
Cork Medical offers a comprehensive portfolio of products and services, including Negative Pressure Wound Therapy, Specialty Mattresses, and Wheelchair Cushions. 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.
Uses vacuum dressing to promote healing in wounds and ulcers.
Provides effective treatment and prevention of pressure ulcers on the body.
Disperses pressure to improve blood flow and prevent skin issues.
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Funding Insights of Cork 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 |
Investors in Cork Medical
Cork Medical has secured backing from 1 investor. Prominent investors backing the company include Rehab Medical. 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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Patient mobility equipment, including wheelchairs, is developed by Rehab Medical.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Cork 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 - Cork 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 |
Cork Medical Comparisons
Competitors of Cork Medical
Cork 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 Kinetic Concepts, WiCare, Spiracur, RE CoolingTech and Cardinal Health, 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 |
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Wound care therapies and regenerative medicine solutions are provided.
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A negative pressure wound therapy device
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Develops advanced wound healing devices utilizing negative pressure therapy.
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Provider of cooling technology to enhance athletic performance
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Multiple healthcare products and services are provided to organizations.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cork Medical
Frequently Asked Questions about Cork Medical
When was Cork Medical founded?
Cork Medical was founded in 2007.
Where is Cork Medical located?
Cork Medical is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Who is the current CEO of Cork Medical?
Patrick McGinley is the current CEO of Cork Medical.
What does Cork Medical do?
Cork Medical designs and manufactures products for the treatment and prevention of wounds. The company products consist of Negative Pressure Wound Therapy, Specialty Mattresses, Overlays, and Cushions. The Negative Pressure Wound Therapy systems comprise of Nisus Pump (powered suction unit to treat wounds by aiding in the removal of excess exudates, infectious material, and tissue debris), wound dressing kit, and canisters; The Support surfaces consist of powered mattresses, non-powered mattresses and cushions.The companys products are sold across the United States in hospitals, nursing homes, and home-care settings.
Who are the top competitors of Cork Medical?
Cork Medical's top competitors include Cardinal Health, Kinetic Concepts and Healyx Labs.
What products or services does Cork Medical offer?
Cork Medical offers Negative Pressure Wound Therapy, Specialty Mattresses, and Wheelchair Cushions.
Who are Cork Medical's investors?
Cork Medical has 1 investor. Key investors include Rehab Medical.