About FlexGRIP
FlexGRIP is a company based in Diepenbeek (Belgium) founded in 2011 by Alexander Van Damme and David De Munter.. FlexGRIP has raised $11 million across 1 funding round from investors including SFPIM, White Fund and F3 Finance. The company has 2 employees as of December 31, 2022. FlexGRIP offers products and services including FlexGRIP Neonates, FlexGRIP Pediatrics, and FlexGRIP Adult. FlexGRIP operates in a competitive market with competitors including EyeGate, SiVEC Biotechnologies, PionEar Technologies, Diavibe and Yukon Medical, among others.
- Headquarter Diepenbeek, Belgium
- Employees 2 as on 31 Dec, 2022
- Founders Alexander Van Damme, David De Munter
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bedal Nv
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Annual Revenue
$519.78 K (USD)125as on Dec 31, 2018
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Net Profit
$-519.77 K (USD)-125as on Dec 31, 2018
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EBITDA
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Total Equity Funding
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Series A
Jun 12, 2024
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Investors
SFPIM
& 3 more
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Employee Count
2
as on Dec 31, 2022
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Products & Services of FlexGRIP
FlexGRIP offers a comprehensive portfolio of products and services, including FlexGRIP Neonates, FlexGRIP Pediatrics, and FlexGRIP Adult. 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.
Device for securing catheters in neonates to prevent dislodgment and reduce skin irritation.
Hydrocolloid adhesive system for pediatric catheter securement to avoid complications.
Acrylic adhesive for adult catheters, ensuring firm hold without skin prep.
Funding Insights of FlexGRIP
FlexGRIP has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million 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 1
- Last Round Series A — $11.0M
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First Round
First Round
(12 Jun 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - FlexGRIP | Valuation | White Fund , F3 Finance |
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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 FlexGRIP
FlexGRIP has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SFPIM, White Fund and F3 Finance. 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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A Belgian venture capital fund focused on medtech innovations is operated.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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LRM is engaged in providing risk capital and smart money to businesses in Limburg.
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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 FlexGRIP
| 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 - FlexGRIP
| 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 |
Flexgrip Comparisons
Competitors of FlexGRIP
FlexGRIP 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 EyeGate, SiVEC Biotechnologies, PionEar Technologies, Diavibe and Yukon Medical, 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 |
Therapeutics and drug delivery systems for eye diseases are developed.
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| domain | founded_year | HQ Location |
Antiviral products are developed using patent-pending technology for disease prevention.
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| domain | founded_year | HQ Location |
It serves as a limited information available.
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| domain | founded_year | HQ Location |
Provides drug-free topical anesthetic solutions for effective pain relief.
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| domain | founded_year | HQ Location |
Develops devices for safe medication preparation, vial access, and sample collection.
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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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Frequently Asked Questions about FlexGRIP
When was FlexGRIP founded?
FlexGRIP was founded in 2011 and raised its 1st funding round 13 years after it was founded.
Where is FlexGRIP located?
FlexGRIP is headquartered in Diepenbeek, Belgium. It is registered at Diepenbeek, Limburg, Belgium.
Who is the current CEO of FlexGRIP?
Alexander Van Damme is the current CEO of FlexGRIP. They have also founded this company.
Is FlexGRIP a funded company?
FlexGRIP is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Jun 12, 2024.
How many employees does FlexGRIP have?
As of Dec 31, 2022, the latest employee count at FlexGRIP is 2.
What is the annual revenue of FlexGRIP?
Annual revenue of FlexGRIP is $519.78K as on Dec 31, 2018.
What does FlexGRIP do?
FlexGRIP was founded in 2011 in Diepenbeek, Belgium, as a provider in the medical device sector focused on vascular access solutions. A range of FlexGrip products is offered, designed to minimize risks of catheter dislodgement and infection while supporting patient comfort and mobility. Operations center on developing and distributing these stabilisation devices across healthcare settings in Europe.
Who are the top competitors of FlexGRIP?
FlexGRIP's top competitors include EyeGate, SiVEC Biotechnologies and PionEar Technologies.
What products or services does FlexGRIP offer?
FlexGRIP offers FlexGRIP Neonates, FlexGRIP Pediatrics, and FlexGRIP Adult.
Who are FlexGRIP's investors?
FlexGRIP has 4 investors. Key investors include SFPIM, White Fund, F3 Finance, and LRM.