About Endolumik
Endolumik is a company based in Morgantown (United States) founded in 2020 by Nova Szoka.. Endolumik has raised $2.67 million across 3 funding rounds from investors including Country Roads Angel Network. Endolumik offers products and services including Fluorescence-Guided Gastric Calibration System and Suction Lighted Bougie. Endolumik operates in a competitive market with competitors including Olympus, Eximis Surgical, Xenocor, SurgiQuest and ClearCam, among others.
- Headquarter Morgantown, United States
- Founders Nova Szoka
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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 Endolumik, 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
$2.67 M (USD)
in 3 rounds
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Latest Funding Round
$999.99 K (USD), Seed
Jun 24, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Endolumik
Endolumik offers a comprehensive portfolio of products and services, including Fluorescence-Guided Gastric Calibration System and Suction Lighted Bougie. 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.
System for visualizing calibration tubes in surgeries
Tool emitting NIR light for better tissue visibility
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Funding Insights of Endolumik
Endolumik has successfully raised a total of $2.67M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $999.99 thousand completed in June 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 3
- Last Round Seed — $999,990
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First Round
First Round
(18 Oct 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Seed - Endolumik | Valuation |
investors |
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| Mar, 2023 | Amount | Seed - Endolumik | Valuation | Country Roads Angel Network |
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| Oct, 2021 | Amount | Angel Round - Endolumik | Valuation | Country Roads Angel Network |
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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 Endolumik
Endolumik has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Country Roads Angel Network. 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 |
| 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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Founded Year | Domain | Location |
Investments & Acquisitions by Endolumik
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Endolumik
| 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 |
Endolumik Comparisons
Competitors of Endolumik
Endolumik 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 Olympus, Eximis Surgical, Xenocor, SurgiQuest and ClearCam, 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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| domain | founded_year | HQ Location |
Manufacturer of imaging and surgical products
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| domain | founded_year | HQ Location |
Minimal invasive specimen removal tools
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| domain | founded_year | HQ Location |
Laparoscopic imaging systems for surgical applications are provided.
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| domain | founded_year | HQ Location |
Products for minimally invasive surgery are developed and supplied.
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| domain | founded_year | HQ Location |
In-vivo cleaners for laparoscopic cameras are developed by ClearCam.
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| domain | founded_year | HQ Location |
Developer of ultrasound imaging systems and surgical endoscopes
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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 Endolumik
Frequently Asked Questions about Endolumik
When was Endolumik founded?
Endolumik was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Endolumik located?
Endolumik is headquartered in Morgantown, United States. It is registered at Morgantown, West Virginia, United States.
Who is the current CEO of Endolumik?
Mara McFadden is the current CEO of Endolumik.
Is Endolumik a funded company?
Endolumik is a funded company, having raised a total of $2.67M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $175K, raised on Oct 18, 2021.
What does Endolumik do?
Endolumik was founded in 2020 in Morgantown, United States, focusing on medical devices within the healthcare sector. A fluorescence-guided esophagogastric calibration system has been developed for bariatric and gastric procedures. Near-infrared lighting technology is integrated into the device to enhance visualization during minimally invasive surgeries. Operations center on improving surgical decision-making through these tools.
Who are the top competitors of Endolumik?
Endolumik's top competitors include Olympus, New View Surgical and SurgiQuest.
What products or services does Endolumik offer?
Endolumik offers Fluorescence-Guided Gastric Calibration System and Suction Lighted Bougie.
Who are Endolumik's investors?
Endolumik has 1 investor. Key investors include Country Roads Angel Network.