ReShape

San Clemente, United States Founded: 2005 • Age: 21 yrs Acquired By EnteroMedics
A dual intra-gastric balloon system is provided for weight loss.
Annual revenue - Latest available
Total funding $90.3M 9 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About ReShape

ReShape is a company based in San Clemente (United States) founded in 2005 was acquired by EnteroMedics in October 2017. ReShape has raised $90.32 million across 9 funding rounds from investors including SVB, New Leaf Venture Partners and Oxford Finance. ReShape offers products and services including LAP-BAND, ReShape Vest, and ReShape Care. ReShape operates in a competitive market with competitors including Apollo Endo, USGI Medical, Vibrynt, Satiety and Barosense, among others.

  • Headquarter San Clemente, United States
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Reshape Lifesciences Inc
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $90.32 M (USD)

    in 9 rounds

  • Latest Funding Round
    $11 M (USD), Debt – Conventional

    Feb 13, 2017

  • Investors
    SVB

    & 8 more

  • Employee Count
    Not available
  • Acquired by
    EnteroMedics

    (Oct 03, 2017)

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Products & Services of ReShape

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

Product name locked
Category locked
Primary

Minimally invasive device for long-term obesity treatment.

Product name locked
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Laparoscopically implanted system for rapid weight loss.

Product name locked
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Virtual tele-health coaching for sustained weight management.

Funding Insights of ReShape

ReShape has successfully raised a total of $90.32M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $11 million completed in February 2017. 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.

Investors in ReShape

ReShape has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, New Leaf Venture Partners and Oxford Finance.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Endeavour Vision is focused on transformative healthcare technology investments.
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Stage-agnostic investments in US life sciences are managed.
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Investor details for ReShape

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Investments & Acquisitions by ReShape

Investments
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Investment portfolio details for ReShape

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  • Transaction dates
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Financial Statements - ReShape

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Detailed financials for ReShape

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Reshape Comparisons

ReShape Primary company
Description
A dual intra-gastric balloon system is provided for weight l...
Location
San Clemente, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for ReShape

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Competitors of ReShape

ReShape 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 Apollo Endo, USGI Medical, Vibrynt, Satiety and Barosense, among others.

Company Name Domain Founded year HQ Location Description
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Therapeutic devices for obesity and GI disorders are developed.
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Incisionless operating platform for weight loss surgery
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Provides durable coat hooks and storage solutions for home use.
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Develops a device for transoral gastroplasty to induce satiety through endoscopic methods.
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Restrictive gastric implants and procedures are developed to induce satiety.
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Detailed competitors of ReShape

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Latest news on Reshape

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Complete news archive for ReShape

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Frequently Asked Questions about ReShape

ReShape was founded in 2005 and raised its 1st funding round 2 years after it was founded.

ReShape is headquartered in San Clemente, United States. It is registered at San Clemente, California, United States.

Michael Mangano is the current CEO of ReShape.

ReShape is a funded company, having raised a total of $90.32M across 9 funding rounds to date.

ReShape Medical has developed the ReShape Dual Balloon, a dual intra-gastric balloon system for weight loss. It is inserted into the stomach through an endoscopic procedure and filled with saline (salt water). The balloons remain in the stomach for six months and help reduce hunger. Insertion of the gastric balloon is completed in about 20 minutes, with no hospital stay required. The company has received FDA approval for its ReShape Integrated Dual Balloon system.

ReShape's top competitors include Apollo Endo, USGI Medical and Barosense.

ReShape offers LAP-BAND, ReShape Vest, and ReShape Care.

ReShape has 9 investors. Key investors include SVB, New Leaf Venture Partners, Oxford Finance, EnteroMedics, and HealthCor Partners.

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