About Smart Medical Systems
Smart Medical Systems is a company founded in 2005.. Smart Medical Systems has raised $14.5 million across 2 funding rounds from investors including Signet Healthcare Partners and Domain Associates. Smart Medical Systems offers products and services including G-EYE®, NaviAid™, and AB SPARK2C Inflation System. Smart Medical Systems operates in a competitive market with competitors including Mauna Kea Tech, EchoSens, CapsoVision, Invendo Medical and GI View, among others.
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Smart Medical Systems Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.5 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series B
Feb 15, 2018
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Investors
Signet Healthcare Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Smart Medical Systems
Smart Medical Systems offers a comprehensive portfolio of products and services, including G-EYE®, NaviAid™, and AB SPARK2C Inflation System. 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.
Improves colonoscopy visualization and polyp detection for better procedures.
Assists in navigation during gastrointestinal endoscopy examinations.
Provides controlled inflation for endoscopy procedures and polyp removal.
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Funding Insights of Smart Medical Systems
Smart Medical Systems has successfully raised a total of $14.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in February 2018. 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 Series B — $8.0M
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First Round
First Round
(25 Apr 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2018 | Amount | Series B - Smart Medical Systems | Valuation | Signet Healthcare Partners |
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| Apr, 2014 | Amount | Series A - Smart Medical Systems | 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 |
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 Smart Medical Systems
Smart Medical Systems has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Signet Healthcare Partners and Domain Associates. 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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PE firm investing in North America and Europe
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Founded Year | Domain | Location | |
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Life science & tech focused VC firm investing in the US
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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 Smart 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 - Smart Medical Systems
| 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 |
Smart Medical Systems Comparisons
Competitors of Smart Medical Systems
Smart 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 Mauna Kea Tech, EchoSens, CapsoVision, Invendo Medical and GI View, 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 |
Endomicroscopy devices are developed for gastrointestinal and respiratory endoscopy.
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| domain | founded_year | HQ Location |
Non-invasive diagnostics for liver disease detection are developed.
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| domain | founded_year | HQ Location |
GI capsule endoscopy systems are developed for intestinal imaging.
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| domain | founded_year | HQ Location |
Sterile single-use robotics-based endoscopes are developed for gastroenterology.
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| domain | founded_year | HQ Location |
Devices for GI disorder diagnosis and treatment are developed.
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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 Smart Medical Systems
Frequently Asked Questions about Smart Medical Systems
When was Smart Medical Systems founded?
Smart Medical Systems was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Who is the current CEO of Smart Medical Systems?
Gadi Terliuc is the current CEO of Smart Medical Systems.
Is Smart Medical Systems a funded company?
Smart Medical Systems is a funded company, having raised a total of $14.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.5M, raised on Apr 25, 2014.
What does Smart Medical Systems do?
Smart Medical systems produces medical devices for gastroenterology and GI endoscopy. Its G-EYE and NaviAid product families have both FDA approval and the european CE Mark. The G-EYE endoscope consists of a standard endoscope, having a permanently integrated, reusable balloon at its bending section which allows for increased diagnostic yield during colonoscopy, endoscope stabilization during therapy, and extended operating range in the colon, small bowel and entire GI tract. The NaviAid AB (Advancing Balloon) device provides for on demand Ileoscopy upper enteroscopy while using standard endoscopes. It is an on-demand device, which can be introduced through the tool channel of the endoscope during a procedure (colonoscopy or EGD), without the need for pre-mounting or interrupting the normal course of examination. Once inflated ahead of the endoscope and anchored in the bowel, the device is used as a rail on which the endoscope is advanced, replacing pushing by guidance. The Navi Aid inflation systems consist of a system wherein the Balloon inflation pressure is regulated and continuously monitored, to ensure optimal anchoring of the inflated balloon to the intestinal walls while maintaining ultimate safety. SMART Medical Systems was granted the Frost Sullivan 2013 New Product Innovation Award.
Who are the top competitors of Smart Medical Systems?
Smart Medical Systems's top competitors include EchoSens, CapsoVision and Mauna Kea Tech.
What products or services does Smart Medical Systems offer?
Smart Medical Systems offers G-EYE®, NaviAid™, and AB SPARK2C Inflation System.
Who are Smart Medical Systems's investors?
Smart Medical Systems has 2 investors. Key investors include Signet Healthcare Partners, and Domain Associates.