About Smiths Medical
Smiths Medical is a company based in Saint Paul (United States) founded in 1940 was acquired by ICU Medical in September 2021.. The company has 23 employees as of March 31, 2024. Smiths Medical has completed 2 acquisitions, including Access Scientific and The Wand.
- Headquarter Saint Paul, United States
- Employees 23 as on 31 Mar, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Smiths Medical India Private Limited
- Date of Incorporation 21 Sep, 2010
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$30.41 M (USD)10.35as on Mar 31, 2022
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Net Profit
$989.62 K (USD)68.11as on Mar 31, 2022
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EBITDA
$1.26 M (USD)125.71as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
23
as on Mar 31, 2024
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Investments & Acquisitions
Access Scientific
& 1 more
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Acquired by
ICU Medical
(Sep 08, 2021)
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Software Development Team
15 people
Sales and Marketing
11 people
Human Resources and Administration
8 people
Product Management Team
6 people
Leadership Team
6 people
Manufacturing Team
3 people
Senior Team
3 people
Payroll Team
3 people
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Funding Insights of Smiths Medical
| 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 Smiths Medical
Smiths Medical has secured backing from 1 investor. Prominent investors backing the company include ICU Medical. 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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Drug and Infusion delivery devices
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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 Smiths Medical
Smiths Medical has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Access Scientific and The Wand. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Vascular access devices and catheters
|
2004 | ||||
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Peripheral and central venous catheter insertion technology is developed.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Smiths Medical
| 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 |
Smiths Medical Comparisons
Competitors of Smiths Medical
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Smiths Medical
Frequently Asked Questions about Smiths Medical
When was Smiths Medical founded?
Smiths Medical was founded in 1940.
Where is Smiths Medical located?
Smiths Medical is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
How many employees does Smiths Medical have?
As of Mar 31, 2024, the latest employee count at Smiths Medical is 23.
What is the annual revenue of Smiths Medical?
Annual revenue of Smiths Medical is $30.41M as on Mar 31, 2022.
What does Smiths Medical do?
Smiths Medical is a global provider of medical devices for the hospital, emergency, home and specialist environments. The products are used during critical and intensive care, surgery, post-operative care during recovery, and in a series of high-end home infusion therapies. Offer 12 brands in their portfolio: Portex, Medex, Deltec, Level1, Cozmore, Pneupac, Wallace, CADD, BCI, Jelco, Medfusion and Surgivet. Product portfolio includes - Infusion Therapy (Fluid and medication delivery devices for pain management and the treatment of acute and chronic diseases), Vital Care (Devices for managing patients airways and body temperature before, during and after surgery), Vascular Access (Devices providing healthcare professionals access to patients vasculature for delivery and withdrawal of fluid and medication, as well as devices to protect health workers by helping prevent needlestick injuries) and Speciality Products Services (Products for clinicians and businesses in the specialized care areas of in vitro diagnostics and fertilization, veterinary health, transport ventilation, patient monitoring and medical device manufacturing). Employs about 7500 people, with manufacturing concentrated in the US, the UK, Mexico and Italy. Most territories are serviced through wholly-owned local sales and distribution companies. Part of Smiths Group, a FTSE 100 UK based company.
How many acquisitions has Smiths Medical made?
Smiths Medical has made 2 acquisitions, including Access Scientific, and The Wand.
Who are Smiths Medical's investors?
Smiths Medical has 1 investor. Key investors include ICU Medical.