Kitotech Medical

Seattle, United States Founded: 2011 • Age: 15 yrs
Developer of a device to close wounds, lacerations, and surgical incisions
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About Kitotech Medical

Kitotech Medical is a company based in Seattle (United States) founded in 2011.. Kitotech Medical has raised $20.85 million across 7 funding rounds from investors including Rezon8 Capital. Kitotech Medical operates in a competitive market with competitors including Kerecis, microMend, PolyNovo, Contraline and Aroa Biosurgery, among others.

  • Headquarter Seattle, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.85 M (USD)

    in 7 rounds

  • Latest Funding Round
    $200 K (USD), Series B

    Jun 14, 2024

  • Investors
  • Employee Count
    Employee Count
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People of Kitotech Medical
Headcount 10-50
Employee Profiles 4
Board Members and Advisors 2
Employee Profiles
People
Eli Sonkin
Chief Financial Officer
People
Ronald Berenson
Founder, President & CEO
People
Dan Drew
Area Sales Director
People
Paul Leung
VP, Operations

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Board Members and Advisors
people
Edward R. Truitt
Chairman

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Funding Insights of Kitotech Medical

Kitotech Medical has successfully raised a total of $20.85M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $200 thousand 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 Rounds 7
  • Last Round Series B — $200,000
  • First Round

    (11 Jul 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series B - Kitotech Medical Valuation

investors

Dec, 2021 Amount Series B - Kitotech Medical Valuation

investors

Aug, 2020 Amount Series A - Kitotech Medical 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 Kitotech Medical

Kitotech Medical has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rezon8 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
Investor Description Founded Year Domain Location
Venture capital investments and corporate advisory services are provided.
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 Kitotech Medical

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 - Kitotech Medical

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

Kitotech Medical Comparisons

Employees
+
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Competitors of Kitotech Medical

Kitotech Medical 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 Kerecis, microMend, PolyNovo, Contraline and Aroa Biosurgery, 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
Fish-skin acellular dermal matrix technology is provided for wound treatments.
domain founded_year HQ Location
Solutions for treating dermatological disorders are provided by microMend.
domain founded_year HQ Location
Developer of biodegradable temporising matrix for treating traumatic wounds
domain founded_year HQ Location
Contraline is focused on developing innovative male contraception solutions.
domain founded_year HQ Location
Developer of medical and surgical products for soft tissue reconstruction
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 Kitotech Medical

Frequently Asked Questions about Kitotech Medical

When was Kitotech Medical founded?

Kitotech Medical was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Where is Kitotech Medical located?

Kitotech Medical is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Is Kitotech Medical a funded company?

Kitotech Medical is a funded company, having raised a total of $20.85M across 7 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Jul 11, 2014.

What does Kitotech Medical do?

Kitotech Medical was founded in 2011 in Seattle, United States, within the medical devices sector. Disposable wound-closure devices are produced by the company, featuring micro staples that attach to the skin for secure closure of wounds, lacerations, and surgical incisions. Operations focus on providing multiple contact points to ensure effective attachment and healing support across clinical settings.

Who are the top competitors of Kitotech Medical?

Kitotech Medical's top competitors include Kerecis, PolyNovo and Contraline.

Who are Kitotech Medical's investors?

Kitotech Medical has 1 investor. Key investors include Rezon8 Capital.

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