About Remon Medical
Remon Medical is a company based in Caesarea (Israel) founded in 1997 was acquired by Boston Scientific in June 2007.. Remon Medical has raised $26 million across 1 funding round from investors including Boston Scientific, Triathlon Medical Ventures and Medica Venture Partners. Remon Medical offers products and services including Sex Toys, Masturbators, Vibrating Sleeves, and Penis Rings. Remon Medical operates in a competitive market with competitors including Endologix, Endoron Medical, Trivascular, Altura Medical and Aptus Endosystems, among others.
- Headquarter Caesarea, Israel
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rm Adult Entertainment Inc
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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 M (USD)
in 1 rounds
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Latest Funding Round
$26 M (USD), Series C
Dec 27, 2004
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Investors
Boston Scientific
& 7 more
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Employee Count
Employee Count
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Acquired by
Boston Scientific
(Jun 03, 2007)
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Products & Services of Remon Medical
Remon Medical offers a comprehensive portfolio of products and services, including Sex Toys, Masturbators, Vibrating Sleeves, and Penis Rings. 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.
Devices designed to enhance sexual pleasure and exploration.
Tools for solo stimulation and intensified sensations.
Products providing vibration for enhanced arousal.
Accessories to improve stamina and sensation.
Funding Insights of Remon Medical
Remon Medical has successfully raised a total of $26M through 1 strategic funding round. The most recent funding activity was a Series C round of $26 million completed in December 2004. 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 1
- Last Round Series C — $26.0M
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First Round
First Round
(27 Dec 2004)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2004 | Amount | Series C - Remon Medical | Valuation |
investors |
| 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 Remon Medical
Remon Medical has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Boston Scientific, Triathlon Medical Ventures and Medica Venture Partners. 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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A venture fund focused on medical sector investments is managed.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in Israel and US
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Founded Year | Domain | Location | |
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US focused venture capital firm
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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 Remon Medical
| 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 - Remon Medical
| 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 |
Remon Medical Comparisons
Competitors of Remon Medical
Remon Medical 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 Endologix, Endoron Medical, Trivascular, Altura Medical and Aptus Endosystems, 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 |
Minimally invasive treatments for aortic disorders are developed and manufactured.
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| domain | founded_year | HQ Location |
Endovascular fixation devices for cardiovascular stent grafts are manufactured.
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| domain | founded_year | HQ Location |
Designs and manufactures for endovascular aortic repair equipment
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| domain | founded_year | HQ Location |
Endovascular devices for aortic aneurysms are developed.
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| domain | founded_year | HQ Location |
Endograft anchoring systems for aortic aneurysms are developed.
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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 Remon Medical
Frequently Asked Questions about Remon Medical
When was Remon Medical founded?
Remon Medical was founded in 1997 and raised its 1st funding round 7 years after it was founded.
Where is Remon Medical located?
Remon Medical is headquartered in Caesarea, Israel. It is registered at Caesarea, Haifa, Israel.
Is Remon Medical a funded company?
Remon Medical is a funded company, having raised a total of $26M across 1 funding round to date. The company's 1st funding round was a Series C of $26M, raised on Dec 27, 2004.
What does Remon Medical do?
Remon Medical Technologies was founded in 1997 in Caesarea, Israel, within the medical devices sector. Miniature implants were developed and commercialized to monitor hemodynamic status in congestive heart failure patients via RemonCHF and intra-aneurysm pressure post-endograft procedures via RemonAAA. Non-invasive assessment of medical conditions was enabled for physicians. The company was acquired by Boston Scientific in 2007.
Who are the top competitors of Remon Medical?
Remon Medical's top competitors include Endologix, Trivascular and Shanghai MicroPort Endovascular MedTech.
What products or services does Remon Medical offer?
Remon Medical offers Sex Toys, Masturbators, Vibrating Sleeves, and Penis Rings.
Who are Remon Medical's investors?
Remon Medical has 8 investors. Key investors include Boston Scientific, Triathlon Medical Ventures, Medica Venture Partners, Polaris Partners, and Lilly Ventures.