EndoStim

St. Louis, United States Founded: 2009 • Age: 17 yrs
Implant to treat GERD
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About EndoStim

EndoStim is a company based in St. Louis (United States) founded in 2009 by Virender Sharma.. EndoStim has raised $75.78 million across 10 funding rounds from investors including Gimv, Wellington Partners Venture Capital and Sante Ventures. EndoStim offers products and services including EndoStim System. EndoStim operates in a competitive market with competitors including EndoChoice, EndoGastric Solutions, CoapTech, SafeStitch and Endo Tools Therapeutics, among others.

  • Headquarter St. Louis, United States
  • Founders Virender Sharma
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Endostim, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $75.78 M (USD)

    in 10 rounds

  • Latest Funding Round
    $2.81 M (USD), Series D

    Dec 31, 2018

  • Investors
    Gimv

    & 7 more

  • Employee Count
    Employee Count
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Products & Services of EndoStim

EndoStim offers a comprehensive portfolio of products and services, including EndoStim 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.

Primary

Neurostimulation system for treating GERD via electrical signals to the LES.

People of EndoStim
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Greg Wilson
CFO
People
Hazim Ansari
Chief Legal Counsel
People
Eric Goorno
CEO
People
Paul V Goode
CTO

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Funding Insights of EndoStim

EndoStim has successfully raised a total of $75.78M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $2.81 million completed in December 2018. 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 Rounds 10
  • Last Round Series D — $2.8M
  • First Round

    (28 Jul 2009)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Series D - EndoStim Valuation

investors

Jan, 2018 Amount Series D - EndoStim Valuation

investors

Mar, 2016 Amount Series D - EndoStim Valuation Sante Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in EndoStim

EndoStim has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Gimv, Wellington Partners Venture Capital and Sante Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Investments are made in early-stage healthcare startups.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by EndoStim

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - EndoStim

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Endostim Comparisons

Employees
+
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Competitors of EndoStim

EndoStim 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 EndoChoice, EndoGastric Solutions, CoapTech, SafeStitch and Endo Tools Therapeutics, 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
Devices, systems, and services are provided for GI specialists.
domain founded_year HQ Location
Incisionless transoral procedures for upper GI diseases are developed.
domain founded_year HQ Location
Minimally invasive gastrostomy feeding tube placement method is developed.
domain founded_year HQ Location
Medical devices for gastrointestinal and bariatric surgery are developed.
domain founded_year HQ Location
Endoscopic catheters for precision in gastroenterology are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Endostim

Frequently Asked Questions about EndoStim

When was EndoStim founded?

EndoStim was founded in 2009.

Where is EndoStim located?

EndoStim is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.

Is EndoStim a funded company?

EndoStim is a funded company, having raised a total of $75.78M across 10 funding rounds to date. The company's 1st funding round was a Series D of $25M, raised on Jul 28, 2009.

What does EndoStim do?

EndoStim is a medical device company that has developed a device-based therapy for Gastro-esophageal Reflux Disease (GERD) through electrical stimulation. The EndoStim therapy consists of a bipolar lead which delivers low energy electrical pulses to the patients weak or dysfunctional lower esophageal sphincter. Company withdrew 35M IPO plans in Sep 2015 citing poor market conditions.

Who are the top competitors of EndoStim?

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

What products or services does EndoStim offer?

EndoStim offers EndoStim System.

Who are EndoStim's investors?

EndoStim has 8 investors. Key investors include Gimv, Wellington Partners Venture Capital, Sante Ventures, Endeavour Vision, and Prettybrook Partners.

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