About Summit Medical USA
Summit Medical USA is a company based in Saint Paul Park (United States) founded in 2010 by Lance Harris was acquired by Shore Capital Partners in February 2015.. The company has 118 employees as of December 31, 2020. Summit Medical USA offers products and services including Cervical Rotating Biopsy Punch, EarPopper Middle Ear Inflation Device, Breeze Nasal Splints, InstruSafe Sterilization Trays, and Rhino Rocket Nasal Packing. Summit Medical USA operates in a competitive market with competitors including Navage, Arrinex, ENTpro, Chordate and NeilMed, among others.
- Headquarter Saint Paul Park, United States
- Employees 118 as on 31 Dec, 2020
- Founders Lance Harris
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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 Summit Medical Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
118
as on Dec 31, 2020
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Acquired by
Shore Capital Partners
(Feb 23, 2015)
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Products & Services of Summit Medical USA
Summit Medical USA offers a comprehensive portfolio of products and services, including Cervical Rotating Biopsy Punch, EarPopper Middle Ear Inflation Device, Breeze Nasal Splints, InstruSafe Sterilization Trays, and Rhino Rocket Nasal Packing. 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.
Device for performing cervical biopsies in medical procedures.
Tool for inflating the middle ear to treat hearing issues.
Nasal splints designed to enhance airflow after surgery.
Trays for safe sterilization of surgical instruments.
Packing material for controlling nasal bleeding post-procedure.
Funding Insights of Summit Medical USA
| 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 Summit Medical USA
Summit Medical USA has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Shore Capital Partners. 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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Shore Capital Partners is engaged in private equity investments for small to mid-sized businesses.
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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 Summit Medical USA
| 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 - Summit Medical USA
| 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 |
Summit Medical Usa Comparisons
Competitors of Summit Medical USA
Summit Medical USA 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 Navage, Arrinex, ENTpro, Chordate and NeilMed, 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 |
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| domain | founded_year | HQ Location |
Nasal irrigator that uses suction
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Hand-held disposable cryotherapy devices for ENT procedures are developed.
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| domain | founded_year | HQ Location |
Simple medical devices for nasal cleaning and reduction of snoring
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| domain | founded_year | HQ Location |
Develops and markets CE-marked devices for migraine and rhinitis treatment.
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| domain | founded_year | HQ Location |
Manufactures nasal irrigation systems for sinus and allergy relief worldwide.
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| domain | founded_year | HQ Location |
Products for comfortable breathing and sleep aids 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 Summit Medical Usa
Frequently Asked Questions about Summit Medical USA
When was Summit Medical USA founded?
Summit Medical USA was founded in 2010.
Where is Summit Medical USA located?
Summit Medical USA is headquartered in Saint Paul Park, United States. It is registered at Saint Paul Park, Minnesota, United States.
How many employees does Summit Medical USA have?
As of Dec 31, 2020, the latest employee count at Summit Medical USA is 118.
What does Summit Medical USA do?
Summit Medical was founded in 2010 and is based in Saint Paul Park, United States. Medical devices for ear, nose, and throat (ENT) procedures, as well as laparoscopy, are developed by the company. Products address conditions such as epistaxis, sinus surgery, myringotomy, and septal perforations, alongside solutions like Minne Ties for jaw fixation and InstruSafe for instrument protection. Acquisition by Shore Capital Partners occurred in February 2015.
Who are the top competitors of Summit Medical USA?
What products or services does Summit Medical USA offer?
Summit Medical USA offers Cervical Rotating Biopsy Punch, EarPopper Middle Ear Inflation Device, Breeze Nasal Splints, InstruSafe Sterilization Trays, and Rhino Rocket Nasal Packing.
Who are Summit Medical USA's investors?
Summit Medical USA has 1 investor. Key investors include Shore Capital Partners.