About KORU Medical Systems
KORU Medical Systems is a company founded in 1980.. The company has 80 employees as of December 31, 2024. KORU Medical Systems offers products and services including Freedom60®, FreedomEDGE®, High-Flo™ Needle Sets, Precision™ Flow Rate Tubing, and Prefilled Syringes. KORU Medical Systems operates in a competitive market with competitors including 410 Medical, Hospira, Ivenix, IRadimed and Belmont Medical Technologies, among others.
- Employees 80 as on 31 Dec, 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 Koru Medical Systems, Inc.
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Annual Revenue
$33.65 M17.98as on Dec 31, 2024
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Net Profit
$-6.07 M55.85as on Dec 31, 2024
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EBITDA
$-5.56 M40.87as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
80
as on Dec 31, 2024
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IPO & Listings of KORU Medical Systems
KORU Medical Systems is a publicly listed company on the NASDAQ with ticker symbol KRMD 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 KORU Medical Systems
KORU Medical Systems offers a comprehensive portfolio of products and services, including Freedom60®, FreedomEDGE®, High-Flo™ Needle Sets, Precision™ Flow Rate Tubing, and Prefilled Syringes. 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.
Device for precise subcutaneous infusion treatments.
Advanced system for controlled medication delivery.
Safety sets for efficient subcutaneous injections.
Tubing for accurate flow rate management in treatments.
Syringes designed for compatible infusion systems.
Controller for regulating infusion rates effectively.
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Funding Insights of KORU Medical Systems
| 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 |
Investments & Acquisitions by KORU Medical Systems
| 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 - KORU Medical Systems
| 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 |
Koru Medical Systems Comparisons
Competitors of KORU Medical Systems
KORU Medical Systems 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 410 Medical, Hospira, Ivenix, IRadimed and Belmont Medical Technologies, 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 |
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| domain | founded_year | HQ Location |
Rapid infusion systems are provided for critically ill patients.
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| domain | founded_year | HQ Location |
Injectable drugs, infusion technologies, and biosimilars are manufactured and supplied.
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| domain | founded_year | HQ Location |
Infusion management systems are developed with wireless web-based architecture.
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| domain | founded_year | HQ Location |
Developer of IV Infusion system and patient monitoring systems for the MRI setting
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| domain | founded_year | HQ Location |
Fluid management and critical care medical devices are developed.
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| domain | founded_year | HQ Location |
Disposables for drug delivery and capillary blood sampling are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Koru Medical Systems
Frequently Asked Questions about KORU Medical Systems
When was KORU Medical Systems founded?
KORU Medical Systems was founded in 1980.
How many employees does KORU Medical Systems have?
As of Dec 31, 2024, the latest employee count at KORU Medical Systems is 80.
What is the annual revenue of KORU Medical Systems?
Annual revenue of KORU Medical Systems is $33.65M as on Dec 31, 2024.
What does KORU Medical Systems do?
The company was founded in 1980 and operates in the medical devices sector, producing infusion pumps, needle sets, flow rate tubing, prefilled syringes, and flow rate controllers. Support for patients is provided through resources, training, and educational materials related to product use. Emphasis is placed on facilitating self-administration of medication for various therapies.
Who are the top competitors of KORU Medical Systems?
KORU Medical Systems's top competitors include 410 Medical, IRadimed and Belmont Medical Technologies.
What products or services does KORU Medical Systems offer?
KORU Medical Systems offers Freedom60®, FreedomEDGE®, High-Flo™ Needle Sets, Precision™ Flow Rate Tubing, and 2 more products and services.
Is KORU Medical Systems publicly traded?
Yes, KORU Medical Systems is publicly traded on NASDAQ under the ticker symbol KRMD.
What is KORU Medical Systems's ticker symbol?
The ticker symbol of KORU Medical Systems is KRMD on NASDAQ.