About Echolight Medical
Echolight Medical is a company based in Lecce (Italy) founded in 2010.. Echolight Medical has raised $4.4 million across 1 funding round from investors including Invitalia Ventures and Panakes Partners. Echolight Medical offers products and services including EchoS and R.E.M.S. Technology. Echolight Medical operates in a competitive market with competitors including Trice Medical, Edge Surgical, OrthoScan, Emovi and Onicorp, among others.
- Headquarter Lecce, Italy
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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 Echolight S.P.A.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.4 M (USD)
in 1 rounds
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Latest Funding Round
$4.4 M (USD), Series A
Jul 21, 2021
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Investors
Invitalia Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Echolight Medical
Echolight Medical offers a comprehensive portfolio of products and services, including EchoS and R.E.M.S. Technology. 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.
Densitometer for non-radiation bone density and quality assessment
Ecographic method for evaluating bone health without radiation
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Funding Insights of Echolight Medical
Echolight Medical has successfully raised a total of $4.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.4 million completed in July 2021. 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 1
- Last Round Series A — $4.4M
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First Round
First Round
(21 Jul 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Echolight Medical | Valuation | Panakes Partners |
| 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 Echolight Medical
Echolight Medical has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Invitalia Ventures and Panakes Partners. 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 firm
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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 Echolight 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 - Echolight Medical
| 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 |
Echolight Medical Comparisons
Competitors of Echolight Medical
Echolight 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 Trice Medical, Edge Surgical, OrthoScan, Emovi and Onicorp, 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 |
Needle-based visualization devices for orthopedic diagnostics are developed.
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| domain | founded_year | HQ Location |
Digital depth gauges for orthopedic bone measurements are supplied.
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| domain | founded_year | HQ Location |
Mini C-arms for orthopedic imaging are developed by OrthoScan.
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| domain | founded_year | HQ Location |
Developer of a knee assessment device
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| domain | founded_year | HQ Location |
MRI systems for extremity imaging are developed and marketed.
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| domain | founded_year | HQ Location |
Ultrasound-based POC device for osteoporosis screening is 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 Echolight Medical
Frequently Asked Questions about Echolight Medical
When was Echolight Medical founded?
Echolight Medical was founded in 2010 and raised its 1st funding round 11 years after it was founded.
Where is Echolight Medical located?
Echolight Medical is headquartered in Lecce, Italy. It is registered at Lecce, Puglia, Italy.
Is Echolight Medical a funded company?
Echolight Medical is a funded company, having raised a total of $4.4M across 1 funding round to date. The company's 1st funding round was a Series A of $4.4M, raised on Jul 21, 2021.
What does Echolight Medical do?
Echolight Medical was founded in 2010 in Lecce, Italy, within the medical devices sector. Bone densitometers are developed by the company for assessing bone strength at the lumbar vertebrae and femoral neck. The EchoStation product is utilized as a radiation-free tool for early osteoporosis diagnosis. Operations are centered on healthcare technologies, with a focus on non-invasive bone health evaluation services provided through specialized equipment.
Who are the top competitors of Echolight Medical?
Echolight Medical's top competitors include Edge Surgical, Trice Medical and OrthoScan.
What products or services does Echolight Medical offer?
Echolight Medical offers EchoS and R.E.M.S. Technology.
Who are Echolight Medical's investors?
Echolight Medical has 2 investors. Key investors include Invitalia Ventures, and Panakes Partners.
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