About Hummingbird TTS
Hummingbird TTS is a company based in Maple Grove (United States) founded in 2011. It operates as a HealthTech. Hummingbird TTS has raised $14.38 million across 3 funding rounds. Hummingbird TTS offers products and services including Hummingbird Tympanostomy Tube System (TTS).
- Headquarter Maple Grove, United States
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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
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- Legal Name Preceptis Medical
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.38 M (USD)
in 3 rounds
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Latest Funding Round
$4.5 M (USD), Series B
Feb 07, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Hummingbird TTS
Hummingbird TTS offers a comprehensive portfolio of products and services, including Hummingbird Tympanostomy Tube System (TTS). 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.
Used for pediatric ear tube placement in-office.
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Leadership Team
7 people
Sales and Marketing
1 people
Product Management Team
1 people
Chairman Team
1 people
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Funding Insights of Hummingbird TTS
Hummingbird TTS has successfully raised a total of $14.38M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $4.5 million completed in February 2023. 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 3
- Last Round Series B — $4.5M
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First Round
First Round
(13 Jun 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series B - Hummingbird TTS | Valuation |
investors |
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| Feb, 2021 | Amount | Series B - Hummingbird TTS | Valuation |
investors |
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| Jun, 2018 | Amount | Series B - Hummingbird TTS | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Hummingbird TTS
| 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 - Hummingbird TTS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Hummingbird Tts Comparisons
Competitors of Hummingbird TTS
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Hummingbird Tts
Frequently Asked Questions about Hummingbird TTS
When was Hummingbird TTS founded?
Hummingbird TTS was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Hummingbird TTS located?
Hummingbird TTS is headquartered in Maple Grove, United States. It is registered at Maple Grove, Minnesota, United States.
Is Hummingbird TTS a funded company?
Hummingbird TTS is a funded company, having raised a total of $14.38M across 3 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Jun 13, 2018.
What does Hummingbird TTS do?
Hummingbird TTS, managed by Preceptis Medical, is focused on providing an innovative solution for pediatric ear tube placement. The system allows ENT surgeons to perform procedures in-office without general anesthesia, addressing challenges of traditional operating room surgeries. It serves the healthcare sector, specifically targeting pediatric ENT needs, by reducing costs and stress for families while ensuring safe and effective outcomes. The technology is FDA-cleared and has been used on thousands of children across the United States.
What products or services does Hummingbird TTS offer?
Hummingbird TTS offers Hummingbird Tympanostomy Tube System (TTS).