About revmedica
revmedica is a company based in Durham (United Kingdom) founded in 2017 by Thomas Wenchell.. revmedica has raised $14.16 million across 3 funding rounds from investors including HHS and ABCT. revmedica offers products and services including Handheld Robotic Solution and Surgical Systems. revmedica operates in a competitive market with competitors including Endoron Medical, Bolder Surgical, Reach Surgical, C2Dx and Amplify Surgical, among others.
- Headquarter Durham, United Kingdom
- Founders Thomas Wenchell
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Revmedica, 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
$14.16 M (USD)
in 3 rounds
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Latest Funding Round
$293.99 K (USD), Grant
Mar 01, 2024
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Investors
HHS
& 1 more
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Employee Count
Employee Count
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Products & Services of revmedica
revmedica offers a comprehensive portfolio of products and services, including Handheld Robotic Solution and Surgical Systems. 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.
Optimizes surgical procedures for better patient safety and outcomes.
Provides cost-effective tools for soft tissue management in operations.
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Funding Insights of revmedica
revmedica has successfully raised a total of $14.16M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $293.99 thousand completed in March 2024. 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 3
- Last Round Grant — $293,989
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Grant - revmedica | Valuation |
investors |
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| Jun, 2023 | Amount | Series A - revmedica | Valuation |
investors |
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| Jan, 2019 | Amount | Seed - revmedica | Valuation | ABCT |
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| 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 revmedica
revmedica has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS and ABCT. 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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An accelerator for bioscience ventures in Connecticut is operated.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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 revmedica
| 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 - revmedica
| 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 |
Revmedica Comparisons
Competitors of revmedica
revmedica 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 Endoron Medical, Bolder Surgical, Reach Surgical, C2Dx and Amplify Surgical, 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 |
Endovascular fixation devices for cardiovascular stent grafts are manufactured.
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| domain | founded_year | HQ Location |
Developer of electrosurgical device for pediatric patients
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| domain | founded_year | HQ Location |
Surgical staplers and energy devices are manufactured and distributed globally.
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| domain | founded_year | HQ Location |
Provider of medical products and related services
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| domain | founded_year | HQ Location |
Provider of various surgical 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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| 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 Revmedica
Frequently Asked Questions about revmedica
When was revmedica founded?
revmedica was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is revmedica located?
revmedica is headquartered in Durham, United Kingdom.
Who is the current CEO of revmedica?
Thomas Wenchell is the current CEO of revmedica. They have also founded this company.
Is revmedica a funded company?
revmedica is a funded company, having raised a total of $14.16M across 3 funding rounds to date.
What does revmedica do?
Founded in 2017, Revmedica is based in Durham, United Kingdom, within the medical devices sector. Focus is placed on the development of a laparoscopic surgical stapler designed for surgical applications. Operations center on innovation in minimally invasive tools, with leadership provided by co-founder and CEO Thomas Wenchell. Activities are conducted to support advancements in surgical technology, targeting healthcare professionals across relevant geographies.
Who are the top competitors of revmedica?
revmedica's top competitors include Bolder Surgical, Amplify Surgical and Endoron Medical.
What products or services does revmedica offer?
revmedica offers Handheld Robotic Solution and Surgical Systems.