LifeSprout

Baltimore, United States Founded: 2015 • Age: 11 yrs
Synthetic soft tissue substitutes for cosmetics and reconstructive surgery
Annual revenue - Latest available
Total funding $44.7M 5 rounds
Employees 12 Tracked headcount
Investors 10 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About LifeSprout

LifeSprout is a company based in Baltimore (United States) founded in 2015 by Justin Sacks, Sashank Reddy, Russell Martin, Mohamed Benjelloun, and Hai-Quan Mao. LifeSprout has raised $44.7 million across 5 funding rounds from investors including Maryland.gov, Medytox and TEDCO. The company has 12 employees as of December 31, 2022. LifeSprout offers products and services including Tissue Restoration Platform and Regenerative Medicine Suite. LifeSprout operates in a competitive market with competitors including Augmenix, AmacaThera, Regentis Biomaterials, Carbylan and Biosyntech, among others.

  • Headquarter Baltimore, United States
  • Employees 12 as on 31 Dec, 2022
  • Founders Justin Sacks, Sashank Reddy, Russell Martin, Mohamed Benjelloun, Hai-Quan Mao
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Lifesprout, Inc.
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $44.7 M (USD)

    in 5 rounds

  • Latest Funding Round
    $28.5 M (USD), Series A

    Apr 21, 2020

  • Investors
  • Employee Count
    12

    as on Dec 31, 2022

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Products & Services of LifeSprout

LifeSprout offers a comprehensive portfolio of products and services, including Tissue Restoration Platform and Regenerative Medicine Suite.

Product name locked
Category locked
Primary

Products that mimic body tissues for soft tissue restoration purposes

Product name locked
Category locked
Locked

Suite of products for enhancing form and function in patients

People of LifeSprout

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Gordon Holt
Vice President of Translational R&D
People
Hai-Quan Mao
Co-Founder
People
Kevin Colbert
Operations & BD Consultant
People
Paul H. Williamson
Senior Process Development Engineer

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Funding Insights of LifeSprout

LifeSprout has successfully raised a total of $44.7M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $28.5 million completed in April 2020. 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.

Investors in LifeSprout

LifeSprout has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Maryland.gov, Medytox and TEDCO.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital investments are provided by Emerald.
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Venture capital firm focused on life sciences, physical sciences, and technology companies
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Venture capital fund and startup accelerator programs focused on seed and early stage companies
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Investor details for LifeSprout

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by LifeSprout

Investments
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Investment portfolio details for LifeSprout

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  • Transaction dates
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Financial Statements - LifeSprout

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Detailed financials for LifeSprout

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  • Profit trends
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Lifesprout Comparisons

LifeSprout Primary company
Description
Synthetic soft tissue substitutes for cosmetics and reconstr...
Location
Baltimore, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
12
As of 2022
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Peer comparison for LifeSprout

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Competitors of LifeSprout

LifeSprout 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 Augmenix, AmacaThera, Regentis Biomaterials, Carbylan and Biosyntech, among others.

Company Name Domain Founded year HQ Location Description
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Hydrogel spacers are provided for prostate cancer radiation therapy.
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Injectable hydrogel platform developed for therapeutic medical applications.
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Regentis Biomaterials is focused on tissue repair hydrogel technology.
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Hyaluronic acid polymers are developed into therapeutics for pain management.
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Biotherapeutic thermogels are developed for tissue repair applications.
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Detailed competitors of LifeSprout

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Latest news on Lifesprout

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Complete news archive for LifeSprout

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about LifeSprout

LifeSprout was founded in 2015 and raised its 1st funding round 3 years after it was founded.

LifeSprout is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

Sashank Reddy is the current CEO of LifeSprout. They have also founded this company.

LifeSprout is a funded company, having raised a total of $44.7M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at LifeSprout is 12.

LifeSprout was founded in 2015 in Baltimore, United States, within the biotechnology sector focused on tissue engineering. An injectable hydrogel product called Scaffold, composed of biodegradable nanofibers, is offered for applications in cancer reconstruction, trauma repair, and cosmetics. The material occupies space to support tissue growth, permits cell permeability, and dissolves in body fluids. It enables breast reconstruction for mastectomy patients without harvesting tissue from other areas.

LifeSprout's top competitors include AmacaThera, Augmenix and Regentis Biomaterials.

LifeSprout offers Tissue Restoration Platform and Regenerative Medicine Suite.

LifeSprout has 10 investors. Key investors include Maryland.gov, Medytox, TEDCO, Redmile Group, and unknown.

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