About Nitinote Surgical
Nitinote Surgical is a company based in Ramat Gan (Israel) founded in 2014 by Tamir Wolf.. Nitinote Surgical has raised $26.1 million across 3 funding rounds from investors including Elron Ventures, MTIP and Accelmed. Nitinote Surgical offers products and services including EndoZip™. Nitinote Surgical operates in a competitive market with competitors including Standard Bariatrics, Zeltiq, CoolSculpting, Modius Health and Liposonix, among others.
- Headquarter Ramat Gan, Israel
- Founders Tamir Wolf
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Nitinotes Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.1 M (USD)
in 3 rounds
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Latest Funding Round
$9.3 M (USD), Series B
Dec 23, 2024
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Investors
Elron Ventures
& 3 more
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Employee Count
Employee Count
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Products & Services of Nitinote Surgical
Nitinote Surgical offers a comprehensive portfolio of products and services, including EndoZip™. 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.
Automated device for safe gastroplasty in obesity treatment.
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Funding Insights of Nitinote Surgical
Nitinote Surgical has successfully raised a total of $26.1M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $9.3 million completed in December 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 Total Funding
- Total Rounds 3
- Last Round Series B — $9.3M
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First Round
First Round
(16 Mar 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series B - Nitinote Surgical | Valuation | MTIP | |
| Sep, 2023 | Amount | Series B - Nitinote Surgical | Valuation |
investors |
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| Mar, 2018 | Amount | Series A - Nitinote Surgical | Valuation | Accelmed |
| 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 |
Investors in Nitinote Surgical
Nitinote Surgical has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Elron Ventures, MTIP and Accelmed. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on digital health and digital medical device companies
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage technologies companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nitinote Surgical
| 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 - Nitinote Surgical
| 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 |
Nitinote Surgical Comparisons
Competitors of Nitinote Surgical
Nitinote Surgical 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 Standard Bariatrics, Zeltiq, CoolSculpting, Modius Health and Liposonix, 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 |
Medical devices for obesity surgical treatment are provided.
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| domain | founded_year | HQ Location |
Controlled cooling technology is developed for non-surgical fat reduction.
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| domain | founded_year | HQ Location |
Non-surgical fat reduction is achieved through controlled-cooling technology.
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| domain | founded_year | HQ Location |
Non-invasive vestibular stimulation device for weight loss is offered.
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| domain | founded_year | HQ Location |
Non-surgical and non-invasive treatment to eliminate unwanted fat around waistline
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Nitinote Surgical
Frequently Asked Questions about Nitinote Surgical
When was Nitinote Surgical founded?
Nitinote Surgical was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Nitinote Surgical located?
Nitinote Surgical is headquartered in Ramat Gan, Israel. It is registered at Ramat Gan, Tel Aviv District, Israel.
Is Nitinote Surgical a funded company?
Nitinote Surgical is a funded company, having raised a total of $26.1M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.7M, raised on Mar 16, 2018.
What does Nitinote Surgical do?
Nitinote Surgical was founded in 2014 in Ramat Gan, Israel, within the medical device sector. Non-surgical bariatric solutions addressing obesity are being developed by the company. Funding was secured from Accelmed, an investment firm specializing in medical technologies. Operations are conducted from Peregrines incubator as of April 2017, with product details remaining undisclosed. Tamir Wolf serves as co-founder.
Who are the top competitors of Nitinote Surgical?
Nitinote Surgical's top competitors include CoolSculpting, Standard Bariatrics and Liposonix.
What products or services does Nitinote Surgical offer?
Nitinote Surgical offers EndoZip™.
Who are Nitinote Surgical's investors?
Nitinote Surgical has 4 investors. Key investors include Elron Ventures, MTIP, Accelmed, and TechWald Holding.