Ideal Medical Technologies

Asheville, United States Founded: 2013 • Age: 13 yrs
An AI-based artificial pancreas system is developed for ICU patients.
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Ideal Medical Technologies

Ideal Medical Technologies is a company based in Asheville (United States) founded in 2013. Ideal Medical Technologies offers products and services including FUSION System. Ideal Medical Technologies operates in a competitive market with competitors including Admetsys, TypeZero Technologies, Cellnovo, Pacific Diabetes Technologies and Animas, among others.

  • Headquarter Asheville, United States
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $1.89 M (USD), Grant

    Jun 01, 2022

  • Investors
    HHS

    & 1 more

  • Employee Count
    Not available
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Products & Services of Ideal Medical Technologies

Ideal Medical Technologies offers a comprehensive portfolio of products and services, including FUSION System.

Product name locked
Category locked
Primary

AI-based system for automated glucose control in ICUs.

People of Ideal Medical Technologies

Headcount 1-10
Employee Profiles 3
Board Members and Advisors 1
Employee Profiles
People
Jeremy DeJournett
CTO
People
Steven Kane
CEO
People
Jeremy D.
Chief Technology Officer

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Board Members and Advisors
people
Mats Wallin
Advisor

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Funding Insights of Ideal Medical Technologies

Investors in Ideal Medical Technologies

Ideal Medical Technologies has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS and NCBiotech.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Biotech startups are incubated and funded in North Carolina.
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Public health and human services are overseen by HHS.
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Investor details for Ideal Medical Technologies

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Investments & Acquisitions by Ideal Medical Technologies

Investments
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Investment portfolio details for Ideal Medical Technologies

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Financial Statements - Ideal Medical Technologies

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Detailed financials for Ideal Medical Technologies

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Ideal Medical Technologies Comparisons

Ideal Medical Technologies Primary company
Description
An AI-based artificial pancreas system is developed for ICU ...
Location
Asheville, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ideal Medical Technologies

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Competitors of Ideal Medical Technologies

Ideal Medical Technologies 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 Admetsys, TypeZero Technologies, Cellnovo, Pacific Diabetes Technologies and Animas, among others.

Company Name Domain Founded year HQ Location Description
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Provider of a closed-loop system for insulin and glucose delivery
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Device for continuous glucose monitoring with manually operated insulin delivery
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Offers online slot gaming with bonuses, promotions, and secure interface.
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Electronic diabetes management device for glucose sensing and hormone delivery
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Device for continuous glucose monitoring with manual insulin administration
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Detailed competitors of Ideal Medical Technologies

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Latest news on Ideal Medical Technologies

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Complete news archive for Ideal Medical Technologies

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Frequently Asked Questions about Ideal Medical Technologies

Ideal Medical Technologies was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Ideal Medical Technologies is headquartered in Asheville, United States. It is registered at Asheville, North Carolina, United States.

Ideal Medical Technologies aims to develop an artificial intelligence based artificial pancreas for use in the ICU setting. The AI based artificial pancreas device will be a closed loop system that will require 30 minutes of daily nursing time to manage, with most of this time spent on glucose sensor (twice a day) calibration and daily replacement of the IV insulin and glucose used by the AI based system. The system uses software that adjusts the doses of IV insulinglucose infusing into the patients on an every 5-10 minute basis, mimicking the frequency of insulin adjustment used by the native pancreas, and the frequency of glucose output from the liver. In Feb 2015, the company received US patents (US 8,956,321 B2); In April 2016, the company received European patent rights- EP2197521.

Ideal Medical Technologies's top competitors include Admetsys, TypeZero Technologies and Pacific Diabetes Technologies.

Ideal Medical Technologies offers FUSION System.

Ideal Medical Technologies has 2 investors. Key investors include HHS, and NCBiotech.

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