About Kitotech Medical
Kitotech Medical is a Healthcare company based in Seattle (United States) founded in 2011. Developer of a device to close wounds, lacerations, and surgical incisions. Kitotech Medical has raised $20.85 million across 7 funding rounds from investors including Rezon8 Capital. Its focus areas include Life Sciences, Wound Care, Medical Devices and Therapeutic Devices. Its competitors include microMend, Contraline and ACell; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Seattle, United States
- SectorsHealthcare
- Email••••••••
- Website kitotechmedical.com
- Total Equity Funding$20.85M (USD)
in 7 rounds
- Latest Funding Round$200K (USD), Series B
Jun 2024
- Investors
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 $20.85M
- Total Rounds 7
- Last Round Series B — $200,000
- First Round $100,000
(Jul 2014)
- Investors Count 1
All 7 funding rounds of Kitotech Medical with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $200,000 | Series B | – | – | – |
| Dec 2021 | $13.45M | Series B | – | – | – |
| Aug 2020 | $3M | Series A | – | – | – |
| Nov 2018 | $1.93M | Seed | – | – | – |
| Mar 2017 | $525,000 | Seed | – | – | – |
| Jan 2015 | $1.65M | Seed | – | – | |
| Jul 2014 | $100,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Kitotech Medical
Kitotech Medical has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rezon8 Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and corporate advisory services are provided. | rezon8capital.com | Reston, United States |
Investor details for Kitotech Medical
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Kitotech Medical
6 people are tracked at Kitotech Medical (4 in leadership, 2 in board & advisors).
| Name | Role | Group |
|---|---|---|
Eli Sonkin | Chief Financial Officer | Leadership |
Ronald Berenson | Founder, President & CEO | Leadership |
Dan Drew | Area Sales Director | Leadership |
Paul Leung | VP, Operations | Leadership |
Edward R. Truitt | Chairman | Board & advisors |
Larry Hayes | Board Member | Board & advisors |
Complete people profiles for Kitotech Medical
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Timeline of Kitotech Medical
3 dated milestones of Kitotech Medical across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Kitotech Medical is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Series B, of $200K.
Competitors of Kitotech Medical
Kitotech Medical has 3 listed competitors in our database, 3 of them funded. They include microMend, Contraline and ACell.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| micromendskinclosure.com | 2017 | Seattle, United States | $3.41M | Solutions for treating dermatological disorders are provided by microMend. | ||
| contraline.com | 2015 | Charlottesville, United States | $18.62M | 7 | Contraline is focused on developing innovative male contraception solutions. | |
| acell.com | 1999 | Lafayette, United States | $8.7M | 398 | Regenerative products for tissue repair are developed using ECM technology. |
Detailed competitors of Kitotech Medical
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Top companies in Wound Care
3 companies that operate in the same segment as Kitotech Medical (Wound Care) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Nanotech-based wound care products are developed and provided. | 2010 | Madison, Wisconsin, United States | USD 22.7 M | 35 | ||
Regenerative biomaterial products and bioimplants for wound, surgical, sports medicine and orthopedics | 1985 | Marietta, Georgia, United States | USD 418.63 M | 837 | ||
Developer of hemostatic products for wound care | 2010 | New York, New York, United States | USD 113.35 M |
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Related news about Kitotech Medical
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Frequently Asked Questions about Kitotech Medical
Kitotech Medical was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Kitotech Medical is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
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 Seed of $100K, raised on Jul 2014.
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.
Kitotech Medical's top competitors include Contraline, ACell and microMend.
Kitotech Medical has 1 investor. Key investors include Rezon8 Capital.