ReShape Lifesciences

Laguna Niguel, United States Founded: 2002 • Age: 24 yrs Acquired By EnteroMedics
Patented minimally invasive technologies are developed for cartilage malformation corrections.
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About ReShape Lifesciences

ReShape Lifesciences is a company based in Laguna Niguel (United States) founded in 2002 was acquired by EnteroMedics in October 2017. It operates as a HealthTech, and Direct-to-Consumer (D2C). ReShape Lifesciences has completed 1 acquisition, including Obalon. ReShape Lifesciences offers products and services including LAP-BAND, ReShape Vest, and ReShapeCare. ReShape Lifesciences operates in a competitive market with competitors including GI Windows, BariaTek, Hangzhou Tongee Medical Technology, ValenTx and EndObetes, among others.

  • Headquarter Laguna Niguel, United States
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Reshape Lifesciences, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $40 K
    -92
    as on Dec 31, 2024
  • Net Profit
    $-7.13 M
    37
    as on Dec 31, 2024
  • EBITDA
    $-7.73 M
    50
    as on Dec 31, 2024
  • Latest Funding Round
    $345.65 K (USD), Grant

    Aug 20, 2024

  • Investors
    HHS

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    EnteroMedics

    (Oct 03, 2017)

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Products & Services of ReShape Lifesciences

ReShape Lifesciences offers a comprehensive portfolio of products and services, including LAP-BAND, ReShape Vest, and ReShapeCare. 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.

Primary

A device for long-term weight loss treatment.

A removable device for obesity treatment support.

A service supporting obesity and metabolic treatment.

People of ReShape Lifesciences
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Nick Ansari
Senior Vice President Global Commercial Operations
People
Sandy Cevallos
Senior Executive Administrative Assistant & Office Manager
People
Thomas Stankovich
Chief Financial Officer
People
Paul F. H.
President And CEO

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Funding Insights of ReShape Lifesciences

  • Total Funding
  • Total Rounds 12
  • Last Round Grant — $345,650
  • First Round

    (27 Feb 2009)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2024 Amount Grant - ReShape Lifesciences Valuation

investors

HHS
Sep, 2023 Amount Grant - ReShape Lifesciences Valuation

investors

HHS
Sep, 2022 Amount Grant - ReShape Lifesciences Valuation

investors

HHS
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 ReShape Lifesciences

ReShape Lifesciences has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, EnteroMedics and HealthCor 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Satiety induction through vagal nerve block
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 ReShape Lifesciences

ReShape Lifesciences has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Obalon. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Gastric balloons are introduced via swallowed capsules to induce satiety.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ReShape Lifesciences

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

Reshape Lifesciences Comparisons

Employees
+
Add Comparison
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Competitors of ReShape Lifesciences

ReShape Lifesciences 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 GI Windows, BariaTek, Hangzhou Tongee Medical Technology, ValenTx and EndObetes, 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
Nonsurgical endoscopic devices for GI tract anastomoses are developed.
domain founded_year HQ Location
Minimally invasive devices for obesity treatment are developed endoscopically.
domain founded_year HQ Location
Medical technology solutions are developed in Hangzhou, China.
domain founded_year HQ Location
Provides an adjustable endoluminal bypass sleeve for obesity treatment.
domain founded_year HQ Location
Surgical access tool for obesity and diabetes treatment is developed.
domain founded_year HQ Location
Therapeutics and diagnostic devices for diabetes and obesity 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 Reshape Lifesciences

Frequently Asked Questions about ReShape Lifesciences

When was ReShape Lifesciences founded?

ReShape Lifesciences was founded in 2002 and raised its 1st funding round 7 years after it was founded.

Where is ReShape Lifesciences located?

ReShape Lifesciences is headquartered in Laguna Niguel, United States. It is registered at Laguna Niguel, California, United States.

What is the annual revenue of ReShape Lifesciences?

Annual revenue of ReShape Lifesciences is $40K as on Dec 31, 2024.

What does ReShape Lifesciences do?

ReShape Lifesciences is engaged in developing transformative devices for obesity treatment. The company operates within the healthcare sector, specializing in medical devices and services. Solutions such as LAP-BAND and ReShape Vest are offered to address weight loss and metabolic diseases. Supportive care through programs like ReShapeCare is also provided to enhance patient outcomes.

Who are the top competitors of ReShape Lifesciences?

ReShape Lifesciences's top competitors include GI Windows, EndObetes and Hangzhou Tongee Medical Technology.

What products or services does ReShape Lifesciences offer?

ReShape Lifesciences offers LAP-BAND, ReShape Vest, and ReShapeCare.

How many acquisitions has ReShape Lifesciences made?

ReShape Lifesciences has made 1 acquisition, including Obalon.

Who are ReShape Lifesciences's investors?

ReShape Lifesciences has 3 investors. Key investors include HHS, EnteroMedics, and HealthCor Partners.

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