About RemovAid
RemovAid is a company based in Oslo (Norway) founded in 2012 by Marte Bratlie was acquired by Lifecare in April 2024.. The company has 5 employees as of December 31, 2021. RemovAid offers products and services including RemovAid Device. RemovAid operates in a competitive market with competitors including Daré Bioscience, Aspivix, Femasys, Adiana and Uteron Pharma, among others.
- Headquarter Oslo, Norway
- Employees 5 as on 31 Dec, 2021
- Founders Marte Bratlie
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Removaid As
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Products & Services of RemovAid
RemovAid offers a comprehensive portfolio of products and services, including RemovAid Device. 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.
Gentle, quick, needle-free tool for contraceptive implant removal.
Funding Insights of RemovAid
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $116,871
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First Round
First Round
(12 Dec 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2018 | Amount | Grant - RemovAid | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in RemovAid
RemovAid has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DNB and Lifecare. 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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Commercial banking services are provided to individuals and corporations.
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Invasive app-based smart sensors for glucose monitoring are provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by RemovAid
| 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 - RemovAid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Removaid Comparisons
Competitors of RemovAid
RemovAid 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 Daré Bioscience, Aspivix, Femasys, Adiana and Uteron Pharma, 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 |
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| domain | founded_year | HQ Location |
Non-hormonal pharmaceutical products for female contraceptives are developed.
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| domain | founded_year | HQ Location |
A next-generation suction-based cervical device for gynecology is provided.
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| domain | founded_year | HQ Location |
Medical devices for women's healthcare are developed and provided.
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| domain | founded_year | HQ Location |
Transcervical sterilization systems for permanent birth control are developed.
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| domain | founded_year | HQ Location |
Develops products dedicated to female healthcare solutions.
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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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about RemovAid
When was RemovAid founded?
RemovAid was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is RemovAid located?
RemovAid is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of RemovAid?
Kristin Sandereid is the current CEO of RemovAid.
How many employees does RemovAid have?
As of Dec 31, 2021, the latest employee count at RemovAid is 5.
What is the annual revenue of RemovAid?
Annual revenue of RemovAid is $123.06K as on Dec 31, 2018.
What does RemovAid do?
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.
Who are the top competitors of RemovAid?
RemovAid's top competitors include Daré Bioscience, Femasys and Aspivix.
What products or services does RemovAid offer?
RemovAid offers RemovAid Device.
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