About Medical Ingenuities
Medical Ingenuities is a Healthcare company based in Wheaton (United States) founded in 2011. Developer of radial artery occlusion devices for hematology treatments. Medical Ingenuities has raised $997.13 thousand across 2 funding rounds from investors including Genesis Innovation Group and cultivate(MD). Medical Ingenuities offers products and services including PH Band System. Its focus areas include Life Sciences, Hematology, Medical Devices and Monitoring. Its competitors include Accriva Diagnostics, Entegrion and Perosphere; 3 of its 3 listed competitors have raised funding.
Company details
Medical Ingenuities is involved in developing a radial artery occlusion device. Their product, PH Band, is a radial artery occlusion device which enables monitoring of radial artery patency to prevent radial artery occlusion.
- Headquarters Wheaton, United States
- SectorsHealthcare
- Website medicalingenuities.com
- Total Equity Funding$997.13K (USD)
in 2 rounds
- Latest Funding Round$997.13K (USD), Series A
Jan 2021
- InvestorsGenesis Innovation Group
& 1 more
Products & Services of Medical Ingenuities
Medical Ingenuities offers a comprehensive portfolio of products and services, including PH Band System.
Device for radial artery closure with real-time feedback to ensure patency.
Funding Insights of Medical Ingenuities
Medical Ingenuities has successfully raised a total of $997.13K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $997.13 thousand completed in January 2021. 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 $997,133
- Total Rounds 2
- Last Round Series A — $997,133
- Investors Count 2
All 2 funding rounds of Medical Ingenuities 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 |
|---|---|---|---|---|---|
| Jan 2021 | $997,133 | Series A | – | – | – |
| Nov 2018 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Medical Ingenuities
Medical Ingenuities has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Genesis Innovation Group and cultivate(MD).
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding for medical device companies is provided. | 2017 | cultivate-md.com | Grand Rapids, United States | |
Genesis Innovation Group is engaged in medical device development services. | 2014 | genesisinnovationgroup.com | Holland, United States |
Investor details for Medical Ingenuities
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People of Medical Ingenuities
1 people are tracked at Medical Ingenuities (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kirt Griffin | US Director Of Sales | Leadership |
Complete people profiles for Medical Ingenuities
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Timeline of Medical Ingenuities
3 dated milestones of Medical Ingenuities across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Medical Ingenuities is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $997K.
Competitors of Medical Ingenuities
Medical Ingenuities has 3 listed competitors in our database, 3 of them funded. They include Accriva Diagnostics, Entegrion and Perosphere.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| accriva.com | 2009 | San Diego, United States | $216.01M | 399 | Near-patient diagnostic systems for coagulation testing are developed. | |
| entegrion.com | 2002 | Durham, United States | $30.45M | 4 | Hemostasis and fluid replacement products are provided for medical applications. | |
| perosphere.com | 2011 | Mount Kisco, United States | $9.36M | 13 | Anticoagulant reversal agent and small molecules to prevent allergic reactions, traumatic brain injury. |
Detailed competitors of Medical Ingenuities
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Top companies in Hematology
3 companies that operate in the same segment as Medical Ingenuities (Hematology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Catheter-based thrombectomy devices for vascular emboli removal are developed. | 2011 | Irvine, California, United States | USD 51.89 M | USD 493.63 M | 696 | |
Small molecules are developed to treat hematologic and musculoskeletal disorders. | 2016 | Lexington, Kentucky, United States | USD 90 M | USD 244.06 M | 169 | |
Developer of Allogeneic cell therapy for cancer, autoimmune diseases and genetic blood disorders | 2016 | Menlo Park, California, United States | USD 300 M | 384 |
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Related news about Medical Ingenuities
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Frequently Asked Questions about Medical Ingenuities
Medical Ingenuities was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Medical Ingenuities is headquartered in Wheaton, United States. It is registered at Wheaton, Illinois, United States.
Medical Ingenuities is a funded company, having raised a total of $997.13K across 2 funding rounds to date.
Medical Ingenuities is involved in developing a radial artery occlusion device. Their product, PH Band, is a radial artery occlusion device which enables monitoring of radial artery patency to prevent radial artery occlusion.
Medical Ingenuities's top competitors include Accriva Diagnostics, Entegrion and Perosphere.
Medical Ingenuities offers PH Band System.
Medical Ingenuities has 2 investors. Key investors include Genesis Innovation Group, and cultivate(MD).