Neomend

Irvine, United States Founded: 1999 • Age: 27 yrs Acquired By CR Bard
Provider of air leak sealant for thoracic surgery
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About Neomend

Neomend is a company based in Irvine (United States) founded in 1999 was acquired by CR Bard in October 2012.. Neomend has raised $38.83 million across 3 funding rounds from investors including Blackstone, CR Bard and Sanderling Ventures. Neomend operates in a competitive market with competitors including Cohera Medical, GATT Technologies BV, Sealonix, OptMed and BORAYER, among others.

  • Headquarter Irvine, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Neomend Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $38.83 M (USD)

    in 3 rounds

  • Latest Funding Round
    $33.12 M (USD), Series D

    Feb 04, 2010

  • Investors
    Blackstone

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    CR Bard

    (Oct 23, 2012)

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Funding Insights of Neomend

Neomend has successfully raised a total of $38.83M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $33.12 million completed in February 2010. 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 3
  • Last Round Series D — $33.1M
  • First Round

    (14 May 2009)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2010 Amount Series D - Neomend Valuation Sanderling Ventures , Prospect Venture Partners
Sep, 2009 Amount Unspecified - Neomend Valuation

investors

May, 2009 Amount Unspecified - Neomend 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 Neomend

Neomend has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Blackstone, CR Bard and Sanderling Ventures. 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
Biomedical investment financing and active management services.
Founded Year Domain Location
Investments are made in US life sciences and healthtech firms.
Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
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 Neomend

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 - Neomend

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

Neomend Comparisons

Employees
+
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Competitors of Neomend

Neomend 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 Cohera Medical, GATT Technologies BV, Sealonix, OptMed and BORAYER, 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
Develops innovative surgical adhesives and sealants for medical use.
domain founded_year HQ Location
Polymer-based adhesive tissue tape is developed for surgical sealants.
domain founded_year HQ Location
Developer of hemostatic sealants for surgeries
domain founded_year HQ Location
Biocompatible polymers and genitourinary therapeutics are developed and commercialized.
domain founded_year HQ Location
Biomaterials for surgery and wound repair are developed.
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 Neomend

Frequently Asked Questions about Neomend

When was Neomend founded?

Neomend was founded in 1999 and raised its 1st funding round 10 years after it was founded.

Where is Neomend located?

Neomend is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

Is Neomend a funded company?

Neomend is a funded company, having raised a total of $38.83M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $2.7M, raised on May 14, 2009.

What does Neomend do?

Provider of air leak sealant for thoracic surgery. By using the proprietary Hydrogel technology platform the company has developed advanced wound care products for a variety of applications, including wound healing, prevention of post-surgical adhesions, and site-specific, sustained drug delivery. The lead product is Progel Pleural Air Leak Sealant, for lung surgery.

Who are the top competitors of Neomend?

Neomend's top competitors include OptMed, GATT Technologies BV and Sealonix.

Who are Neomend's investors?

Neomend has 6 investors. Key investors include Blackstone, CR Bard, Sanderling Ventures, Prospect Venture Partners, and Vivo Capital.

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