About Kestra Medical Technologies
Kestra Medical Technologies is a company based in Kirkland (United States) founded in 2014.. Kestra Medical Technologies has raised $196 million across 2 funding rounds from investors including Bain Capital, T. Rowe Price and Andera Partners. The company has 330 employees as of April 30, 2024. Kestra Medical Technologies offers products and services including ASSURE System, Kestra CareStation, and ASSURE Patient Application. Kestra Medical Technologies operates in a competitive market with competitors including AtaCor Medical, CardioFocus, AtriCure, TyRx and EBAMed, among others.
- Headquarter Kirkland, United States
- Employees 330 as on 30 Apr, 2024
- Stage Public
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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 Kestra Medical Technologies, Ltd.
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Annual Revenue
$59.81 M115.05as on Apr 30, 2024
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Net Profit
$-113.81 M-20.92as on Apr 30, 2024
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EBITDA
$-98.41 M-33.89as on Apr 30, 2024
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Total Equity Funding
$196 M (USD)
in 2 rounds
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Latest Funding Round
$196 M (USD), Series B
Jul 24, 2024
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Investors
Bain Capital
& 9 more
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Employee Count
330
as on Apr 30, 2024
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IPO & Listings of Kestra Medical Technologies
Kestra Medical Technologies is a publicly listed company on the NASDAQ with ticker symbol KMTS 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.
Products & Services of Kestra Medical Technologies
Kestra Medical Technologies offers a comprehensive portfolio of products and services, including ASSURE System, Kestra CareStation, and ASSURE Patient Application. 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.
Wearable defibrillator for monitoring and treating cardiac arrhythmias.
Platform for managing at-risk cardiac patient data remotely.
App to engage patients in their cardiac recovery and monitoring.
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Funding Insights of Kestra Medical Technologies
Kestra Medical Technologies has successfully raised a total of $196M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $196 million completed in July 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 2
- Last Round Series B — $196.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series B - Kestra Medical Technologies | Valuation | Andera Partners , Ally Bridge Group | |
| Jun, 2014 | Amount | Series A - Kestra Medical Technologies | Valuation | Bain Capital Life Sciences |
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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 Kestra Medical Technologies
Kestra Medical Technologies has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Bain Capital, T. Rowe Price and Andera 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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Capital is provided to firms for growth, buyouts, and acquisitions.
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Founded Year | Domain | Location | |
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Private equity and hedge fund investments in healthcare are managed.
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Founded Year | Domain | Location | |
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Private equity firm focused on life science sector
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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 Kestra Medical Technologies
| 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 - Kestra Medical Technologies
| 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 |
Kestra Medical Technologies Comparisons
Competitors of Kestra Medical Technologies
Kestra 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 AtaCor Medical, CardioFocus, AtriCure, TyRx and EBAMed, 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 |
An implantable pacemaker system is developed for cardiac pacing therapy.
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| domain | founded_year | HQ Location |
Endoscopic catheter for atrial fibrillation ablation is developed.
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| domain | founded_year | HQ Location |
Cardiac ablation and occlusion devices for atrial fibrillation are provided.
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| domain | founded_year | HQ Location |
Antibacterial envelopes are developed for stabilizing cardiac implantable devices.
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| domain | founded_year | HQ Location |
Non-invasive treatments for cardiac arrhythmias are developed by EBAMed.
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| 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 Kestra Medical Technologies
Frequently Asked Questions about Kestra Medical Technologies
When was Kestra Medical Technologies founded?
Kestra Medical Technologies was founded in 2014.
Where is Kestra Medical Technologies located?
Kestra Medical Technologies is headquartered in Kirkland, United States. It is registered at Kirkland, Washington, United States.
Who is the current CEO of Kestra Medical Technologies?
Brian Webster is the current CEO of Kestra Medical Technologies.
Is Kestra Medical Technologies a funded company?
Kestra Medical Technologies is a funded company, having raised a total of $196M across 2 funding rounds to date.
How many employees does Kestra Medical Technologies have?
As of Apr 30, 2024, the latest employee count at Kestra Medical Technologies is 330.
What is the annual revenue of Kestra Medical Technologies?
Annual revenue of Kestra Medical Technologies is $59.81M as on Apr 30, 2024.
What does Kestra Medical Technologies do?
Kestra Medical Technologies was founded in 2014 and is based in Kirkland, United States. Operations center on the medical technology sector, where external defibrillation systems, implantable cardiac rhythm management devices, and class III medical devices are developed to aid patients vulnerable to cardiovascular conditions. Collaborations are pursued with entities specializing in consumer wearables, wireless solutions, and therapeutic class III devices.
Who are the top competitors of Kestra Medical Technologies?
Kestra Medical Technologies's top competitors include AtaCor Medical, AtriCure and CardioFocus.
What products or services does Kestra Medical Technologies offer?
Kestra Medical Technologies offers ASSURE System, Kestra CareStation, and ASSURE Patient Application.
Is Kestra Medical Technologies publicly traded?
Yes, Kestra Medical Technologies is publicly traded on NASDAQ under the ticker symbol KMTS.
Who are Kestra Medical Technologies's investors?
Kestra Medical Technologies has 10 investors. Key investors include Bain Capital, T. Rowe Price, Andera Partners, Ally Bridge Group, and Longitude Capital.
What is Kestra Medical Technologies's ticker symbol?
The ticker symbol of Kestra Medical Technologies is KMTS on NASDAQ.
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