RemovAid

Oslo, Norway Founded: 2012 • Age: 14 yrs Acquired By Lifecare
Medical devices for subdermal implant removal are developed.

About RemovAid

RemovAid is a Healthcare company based in Oslo (Norway) founded in 2012 by Marte Bratlie, and was acquired by Lifecare in April 2024. Medical devices for subdermal implant removal are developed. The company has 5 employees. Its chief executive, as recorded, is Kristin Sandereid. RemovAid offers products and services including RemovAid Device. Its focus areas include Life Sciences, Women Health, Medical Devices and Therapy. Its legal entity is RemovAid AS.

Company details

RemovAid was founded in 2012 in Oslo, Norway, within the medical devices sector. Subdermal implants are addressed through the companys operations, which focus on proprietary patented technology for skin fixation, incision, and extraction. Devices for implant removal are provided to support clinical procedures. The ACCESS-CI product, intended as a contraceptive implant for womens birth control, is slated for launch in the near term.

  • Headquarters Oslo, Norway
  • Employees 5
  • Founders Marte Bratlie
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website removaid.com
  • Social LinkedIn X Instagram
  • Acquired by Lifecare (Apr 2024)
  • Legal Name Removaid As
Key Metrics
  • Annual Revenue
    $123.06 K (USD)
    as on Dec 31, 2018
  • Net Profit
    -$1.09 M (USD)
    -145
    as on Dec 31, 2021
  • EBITDA
    -$1.1 M (USD)
    -139
    as on Dec 31, 2021
  • Latest Funding Round
    $116.87K (USD), Grant

    Dec 2018

  • Investors
    DNB

    & 1 more

  • Employee Count
    5
  • Acquired by
    Lifecare

    (Apr 2024)

Products & Services of RemovAid

RemovAid offers a comprehensive portfolio of products and services, including RemovAid Device.

RemovAid Device
Medical Device

Gentle, quick, needle-free tool for contraceptive implant removal.

Funding Insights of RemovAid

  • Total Rounds 1
  • Last Round Grant β€” $116,871
  • First Round $116,871

    (Dec 2018)

  • Investors Count 1

All 1 funding rounds of RemovAid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$116,871Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in RemovAid

RemovAid has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DNB and Lifecare.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Commercial banking services are provided to individuals and corporations.
1822dnb.noOslo, Norway
Invasive app-based smart sensors for glucose monitoring are provided.
2006lifecare.noBergen, Norway
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Investor details for RemovAid

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

People of RemovAid

2 people are tracked at RemovAid (2 in leadership); the tracked headcount is 5.

NameRoleGroup
Marte Bratlie
FounderLeadership
Kristin Sandereid
CEOLeadership
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Complete people profiles for RemovAid

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of RemovAid

3 dated milestones of RemovAid across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded RemovAid is founded.
  2. Funding First funding round of $117K.
  3. Exit Acquired by Lifecare.

Web traffic of RemovAid

The website of RemovAid (removaid.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▲ 208.6% vs previous month

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Related news about Removaid

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Frequently Asked Questions about RemovAid

RemovAid was founded in 2012 and raised its 1st funding round 6 years after it was founded.

RemovAid is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Kristin Sandereid is the CEO of RemovAid, as recorded in our data.

RemovAid has 5 employees.

Annual revenue of RemovAid is $123.06K as on Dec 31, 2018.

RemovAid was founded in 2012 in Oslo, Norway, within the medical devices sector. Subdermal implants are addressed through the companys operations, which focus on proprietary patented technology for skin fixation, incision, and extraction. Devices for implant removal are provided to support clinical procedures. The ACCESS-CI product, intended as a contraceptive implant for womens birth control, is slated for launch in the near term.

RemovAid offers RemovAid Device.

RemovAid has 2 investors. Key investors include DNB, and Lifecare.

RemovAid operates through Removaid As.

Yes. RemovAid was acquired by Lifecare in April 2024.

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