Fractyl

Lexington, United States Founded: 2010 • Age: 16 yrs
Endoscopic procedures for type-2 diabetes treatment are developed.
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About Fractyl

Fractyl is a company based in Lexington (United States) founded in 2010.. Fractyl has raised $345.27 million across 7 funding rounds from investors including Bessemer Venture Partners, Maverick Ventures and M28 Capital. The company has 107 employees as of December 31, 2024. Fractyl offers products and services including Revita and Rejuva. Fractyl operates in a competitive market with competitors including Adocia, BioAge Labs, Antag Therapeutics, Carmot and Altimmune, among others.

  • Headquarter Lexington, United States
  • Employees 107 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fractyl Health, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $93 K
    -22.5
    as on Dec 31, 2024
  • Net Profit
    $-68.69 M
    10.89
    as on Dec 31, 2024
  • EBITDA
    $-92.85 M
    -83.69
    as on Dec 31, 2024
  • Total Equity Funding
    $345.27 M (USD)

    in 7 rounds

  • Latest Funding Round
    $100 M (USD), Series F

    Jun 16, 2021

  • Investors
  • Employee Count
    107

    as on Dec 31, 2024

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IPO & Listings of Fractyl

Fractyl is a publicly listed company on the NASDAQ with ticker symbol GUTS in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: GUTS . Sector: Health technology · USA

Products & Services of Fractyl

Fractyl offers a comprehensive portfolio of products and services, including Revita and Rejuva. 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

Outpatient procedure to resurface duodenum for obesity root cause treatment

Platform for long-term remission of obesity and type 2 diabetes

People of Fractyl
Headcount 50-200
Employee Profiles 44
Board Members and Advisors 6
Employee Profiles
People
Lindsay Schulman
Principal Associate Scientist
People
Carley Balbuena
Associate Director Human Resources
People
Sarah Toomey
General Counsel & Corporate Secretary
People
Harith Rajagopalan
Co-Founder & CEO

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Funding Insights of Fractyl

Fractyl has successfully raised a total of $345.27M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $100 million completed in June 2021. 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 7
  • Last Round Series F — $100.0M
  • First Round

    (21 Mar 2013)

  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series F - Fractyl Valuation Maverick Ventures , M28 Capital
Aug, 2020 Amount Series E - Fractyl Valuation Taiwania Capital
Mar, 2020 Amount Series D - Fractyl Valuation

investors

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 Fractyl

Fractyl has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Maverick Ventures and M28 Capital. 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
Institutional
Investor Description Founded Year Domain Location
Early-stage tech and life-sciences firms are funded across the US.
Founded Year Domain Location
A firm focused on biotechnology investments for prevalent diseases is operated.
Founded Year Domain Location
VC firm focusing on technology companies
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 Fractyl

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 - Fractyl

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

Fractyl Comparisons

Employees
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Competitors of Fractyl

Fractyl 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 Adocia, BioAge Labs, Antag Therapeutics, Carmot and Altimmune, 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 for diabetes and obesity treatment are developed.
domain founded_year HQ Location
Bioinformatics platform is provided for biomarkers and drug discovery.
domain founded_year HQ Location
Peptide-based therapies for obesity and cardiometabolic disorders are developed.
domain founded_year HQ Location
Disease-modifying therapies for metabolic diseases are developed.
domain founded_year HQ Location
Vaccines for infectious diseases and solid tumors 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 Fractyl

Frequently Asked Questions about Fractyl

When was Fractyl founded?

Fractyl was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Where is Fractyl located?

Fractyl is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.

Is Fractyl a funded company?

Fractyl is a funded company, having raised a total of $345.27M across 7 funding rounds to date. The company's 1st funding round was a Series D of $44.75M, raised on Mar 21, 2013.

How many employees does Fractyl have?

As of Dec 31, 2024, the latest employee count at Fractyl is 107.

What is the annual revenue of Fractyl?

Annual revenue of Fractyl is $93K as on Dec 31, 2024.

What does Fractyl do?

Fractyl was founded in 2010 and is headquartered in Lexington, United States. Operations focus on the medical device sector, where an investigational trans-oral procedure called Revita duodenal mucosal resurfacing (DMR) is developed to address type-2 diabetes. The procedure, performed via the proprietary Revita System, involves hydrothermal ablation of the duodenal lining to influence glucose control and insulin resistance. A console and single-use balloon catheter are utilized in the process.

Who are the top competitors of Fractyl?

Fractyl's top competitors include Adocia, BioAge Labs and Carmot.

What products or services does Fractyl offer?

Fractyl offers Revita and Rejuva.

Is Fractyl publicly traded?

Yes, Fractyl is publicly traded on NASDAQ under the ticker symbol GUTS.

Who are Fractyl's investors?
What is Fractyl's ticker symbol?

The ticker symbol of Fractyl is GUTS on NASDAQ.

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