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
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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 Enteromedics Inc
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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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Post-IPO — $61.0M
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First Round
First Round
(30 Nov 2004)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Post-IPO - EnteroMedics | Valuation |
investors |
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| Aug, 2017 | Amount | Post-IPO - EnteroMedics | Valuation |
investors |
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| Dec, 2016 | Amount | Post-IPO - EnteroMedics | Valuation |
investors |
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| 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 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. 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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Early-stage investing in IT and healthcare ventures.
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Founded Year | Domain | Location | |
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Early stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Stage-agnostic investments in US life-sciences sectors are managed.
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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 EnteroMedics
EnteroMedics has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BarioSurg, ReShape and ReShape Lifesciences. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Minimally invasive devices for obesity and metabolic treatment are developed.
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2009 | ||||
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A dual intra-gastric balloon system is provided for weight loss.
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2005 | ||||
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Patented minimally invasive technologies are developed for cartilage malformation corrections.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - EnteroMedics
| 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 |
Enteromedics Comparisons
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. 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 |
Aspire Bariatrics is focused on weight loss solutions.
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| domain | founded_year | HQ Location |
Wearable neurostimulation devices for appetite suppression are developed by Elira.
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| domain | founded_year | HQ Location |
Provides a duodenal insertable implant for effective obesity treatment.
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| domain | founded_year | HQ Location |
Develops wireless ingestible capsules and apps for non-invasive weight management solutions.
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| domain | founded_year | HQ Location |
Develops swallowable capsules for non-invasive obesity treatment and global health solutions.
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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 Enteromedics
Frequently Asked Questions about EnteroMedics
When was EnteroMedics founded?
EnteroMedics was founded in 2002 and raised its 1st funding round 2 years after it was founded.
Where is EnteroMedics located?
EnteroMedics is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
Is EnteroMedics a funded company?
EnteroMedics is a funded company, having raised a total of $62.1M across 9 funding rounds to date. The company's 1st funding round was a Post-IPO of $18.75M, raised on Nov 30, 2004.
How many employees does EnteroMedics have?
As of Dec 31, 2020, the latest employee count at EnteroMedics is 63.
What does EnteroMedics do?
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.
Who are the top competitors of EnteroMedics?
EnteroMedics's top competitors include Elira, Aspire Bariatrics and Endosphere.
How many acquisitions has EnteroMedics made?
EnteroMedics has made 3 acquisitions, including BarioSurg, ReShape, and ReShape Lifesciences.
Who are EnteroMedics's investors?
EnteroMedics has 8 investors. Key investors include InterWest, ONSET Ventures, Pacific Asset Partners, Bay City Capital, and Turmeric Acquisition Corp.