About Shape Medical Systems
Shape Medical Systems is a company based in Saint Paul (United States) founded in 2004.. Shape Medical Systems has raised $8.32 million across 2 funding rounds from investors including HHS. The company has 6 employees as of December 31, 2021. Shape Medical Systems offers products and services including Shape Testing and Cardiopulmonary Exercise Test. Shape Medical Systems operates in a competitive market with competitors including SphingoTec, BG Medicine, Pronota, Critical Diagnostics and Upstream Medical Technologies, among others.
- Headquarter Saint Paul, United States
- Employees 6 as on 31 Dec, 2021
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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 Shape Medical Systems, 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
$8.32 M (USD)
in 2 rounds
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Latest Funding Round
$2.07 M (USD), Grant
Sep 01, 2022
- Investors
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Employee Count
6
as on Dec 31, 2021
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Products & Services of Shape Medical Systems
Shape Medical Systems offers a comprehensive portfolio of products and services, including Shape Testing and Cardiopulmonary Exercise Test. 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.
Six-minute in-office test for diagnosing breathlessness and fatigue.
Provides measures for therapy optimization in chronic diseases.
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Funding Insights of Shape Medical Systems
Shape Medical Systems has successfully raised a total of $8.32M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $2.07 million completed in September 2022. 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 2
- Last Round Grant — $2.1M
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First Round
First Round
(21 Jun 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Grant - Shape Medical Systems | Valuation |
investors |
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| Jun, 2012 | Amount | Series A - Shape Medical Systems | Valuation |
investors |
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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 Shape Medical Systems
Shape Medical Systems has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS. 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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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 Shape Medical Systems
| 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 - Shape Medical Systems
| 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 |
Shape Medical Systems Comparisons
Competitors of Shape Medical Systems
Shape Medical Systems 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 SphingoTec, BG Medicine, Pronota, Critical Diagnostics and Upstream Medical Technologies, 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 |
Biomarker-based diagnostic solutions for cancer and cardiovascular diseases are developed.
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| domain | founded_year | HQ Location |
Diagnostic tests for cardiovascular disorders are developed and commercialized.
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| domain | founded_year | HQ Location |
Diagnostics for heart failure, pre-eclampsia, and sepsis are provided.
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| domain | founded_year | HQ Location |
Biomarkers-based tests for cardiovascular disease diagnostics are developed.
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| domain | founded_year | HQ Location |
Patented cardiac biomarkers are developed for heart disease diagnostics.
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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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Frequently Asked Questions about Shape Medical Systems
When was Shape Medical Systems founded?
Shape Medical Systems was founded in 2004 and raised its 1st funding round 8 years after it was founded.
Where is Shape Medical Systems located?
Shape Medical Systems is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
Is Shape Medical Systems a funded company?
Shape Medical Systems is a funded company, having raised a total of $8.32M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8.32M, raised on Jun 21, 2012.
How many employees does Shape Medical Systems have?
As of Dec 31, 2021, the latest employee count at Shape Medical Systems is 6.
What does Shape Medical Systems do?
Shape Medical Systems was founded in 2004 and is based in Saint Paul, United States. Operations focus on the medical device sector, where low-intensity graded protocol technology is provided for early detection and assessment of heart failure and related conditions. The Shape HF system, a non-invasive device, quantifies dyspnea and measures functional capacity, therapy response, and patient risk. FDA clearance was obtained in April 2009.
Who are the top competitors of Shape Medical Systems?
Shape Medical Systems's top competitors include SphingoTec, BG Medicine and Upstream Medical Technologies.
What products or services does Shape Medical Systems offer?
Shape Medical Systems offers Shape Testing and Cardiopulmonary Exercise Test.
Who are Shape Medical Systems's investors?
Shape Medical Systems has 1 investor. Key investors include HHS.