EnteroMedics

Saint Paul, United States Founded: 2002 • Age: 24 yrs
Satiety induction through vagal nerve block
Annual revenue - Latest available
Total funding $62.1M 9 rounds
Employees 63 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About EnteroMedics

EnteroMedics is a company based in Saint Paul (United States) founded in 2002. EnteroMedics has raised $62.1 million across 9 funding rounds from investors including InterWest, ONSET Ventures and Pacific Asset Partners. The company has 63 employees as of December 31, 2020. EnteroMedics has completed 3 acquisitions, including BarioSurg, ReShape and ReShape Lifesciences. EnteroMedics operates in a competitive market with competitors including Aspire Bariatrics, Elira, Endosphere, Melcap Systems and MelCap Systems, among others.

  • Headquarter Saint Paul, United States
  • Employees 63 as on 31 Dec, 2020
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Enteromedics Inc
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $62.1 M (USD)

    in 9 rounds

  • Latest Funding Round
    $61 M (USD), Post-IPO

    Oct 02, 2017

  • Investors
    InterWest

    & 7 more

  • Employee Count
    63

    as on Dec 31, 2020

  • Investments & Acquisitions
    BarioSurg

    & 2 more

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People of EnteroMedics

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Nick Ansari
Senior Vice President of Sales

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Teams

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Funding Insights of EnteroMedics

EnteroMedics has successfully raised a total of $62.1M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $61 million completed in October 2017. 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.

Investors in EnteroMedics

EnteroMedics has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include InterWest, ONSET Ventures and Pacific Asset Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investing in IT and healthcare ventures.
Locked Locked Locked
Early stage VC firm investing in the US
Locked Locked Locked
Stage-agnostic investments in US life-sciences sectors are managed.
Locked Locked Locked
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Investor details for EnteroMedics

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  • Participation history

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Investments & Acquisitions by EnteroMedics

EnteroMedics has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BarioSurg, ReShape and ReShape Lifesciences.

Investments
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Investment portfolio details for EnteroMedics

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Minimally invasive devices for obesity and metabolic treatment are developed.
Locked Locked 2009 Locked
A dual intra-gastric balloon system is provided for weight loss.
Locked Locked 2005 Locked
Patented minimally invasive technologies are developed for cartilage malformation corrections.
Locked Locked 2002 Locked
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Complete acquisition details for EnteroMedics

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Financial Statements - EnteroMedics

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Detailed financials for EnteroMedics

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Enteromedics Comparisons

EnteroMedics Primary company
Description
Satiety induction through vagal nerve block
Location
Saint Paul, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
63
As of 2020
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Peer comparison for EnteroMedics

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Competitors of EnteroMedics

EnteroMedics 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 Aspire Bariatrics, Elira, Endosphere, Melcap Systems and MelCap Systems, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Aspire Bariatrics is focused on weight loss solutions.
Locked Locked Locked
Wearable neurostimulation devices for appetite suppression are developed by Elira.
Locked Locked Locked
Provides a duodenal insertable implant for effective obesity treatment.
Locked Locked Locked
Develops wireless ingestible capsules and apps for non-invasive weight management solutions.
Locked Locked Locked
Develops swallowable capsules for non-invasive obesity treatment and global health solutions.
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Detailed competitors of EnteroMedics

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Latest news on Enteromedics

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Complete news archive for EnteroMedics

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Frequently Asked Questions about EnteroMedics

EnteroMedics was founded in 2002 and raised its 1st funding round 2 years after it was founded.

EnteroMedics is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.

EnteroMedics is a funded company, having raised a total of $62.1M across 9 funding rounds to date.

As of Dec 31, 2020, the latest employee count at EnteroMedics is 63.

EnteroMedics has developed VBLOC vagal blocking therapy, a patented therapeutic approach designed to treat a range of gastrointestinal and metabolic diseases. vBloc Therapy is delivered by a pacemaker-like device called the Maestro Rechargeable System that decreases feelings of hunger and fullness by limiting the expansion of the stomach and by reducing the frequency and intensity of stomach contractions. This is achieved by intermittently blocking the primary nerve which carries signals between the brain and stomach to regulate digestive processes. Bloc Therapy involves a minimally invasive laparoscopic procedure that preserves normal digestive system anatomy.

EnteroMedics's top competitors include Elira, Aspire Bariatrics and Endosphere.

EnteroMedics has made 3 acquisitions, including BarioSurg, ReShape, and ReShape Lifesciences.

EnteroMedics has 8 investors. Key investors include InterWest, ONSET Ventures, Pacific Asset Partners, Bay City Capital, and Turmeric Acquisition Corp.

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