About SuturTek Incorporated
SuturTek Incorporated is a company based in Chelmsford (United States) founded in 1993.. SuturTek Incorporated has raised $1.4 million across 4 funding rounds from investors including Tyco, Spring Bay Companies and Triathlon Medical Ventures. SuturTek Incorporated operates in a competitive market with competitors including Ceterix, SentreHEART, Mellon Medical, Tepha and Gordian Surgical, among others.
- Headquarter Chelmsford, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.4 M (USD)
in 4 rounds
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Latest Funding Round
$1.4 M (USD), Series B
May 01, 2008
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Investors
Tyco
& 3 more
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Employee Count
Employee Count
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Funding Insights of SuturTek Incorporated
SuturTek Incorporated has successfully raised a total of $1.4M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $1.4 million completed in May 2008. 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 4
- Last Round Series B — $1.4M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2008 | Amount | Series B - SuturTek Incorporated | Valuation |
investors |
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| Jan, 2008 | Amount | Debt – Convertible - SuturTek Incorporated | Valuation |
investors |
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| Jan, 2004 | Amount | Series B - SuturTek Incorporated | Valuation |
investors |
| 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 SuturTek Incorporated
SuturTek Incorporated has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Tyco, Spring Bay Companies and Triathlon Medical Ventures. 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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A single-family office with diverse investment portfolios is operated.
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Founded Year | Domain | Location | |
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A venture fund focused on medical sector investments is managed.
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Founded Year | Domain | Location | |
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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 SuturTek Incorporated
| 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 - SuturTek Incorporated
| 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 |
Suturtek Incorporated Comparisons
Competitors of SuturTek Incorporated
SuturTek Incorporated 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 Ceterix, SentreHEART, Mellon Medical, Tepha and Gordian 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 |
Novel suture passers for arthroscopic orthopedic surgery are developed.
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| domain | founded_year | HQ Location |
Suture-based devices for soft tissue closure are developed.
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| domain | founded_year | HQ Location |
A one-handed suturing device is offered by Mellon Medical.
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| domain | founded_year | HQ Location |
Absorbable biomaterials for medical sutures and meshes are developed.
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| domain | founded_year | HQ Location |
Trocar with integrated closure system developed for laparoscopic procedures.
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| domain | founded_year | HQ Location |
Surgical scalpels and smart tools are developed for medical use.
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| 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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Frequently Asked Questions about SuturTek Incorporated
When was SuturTek Incorporated founded?
SuturTek Incorporated was founded in 1993 and raised its 1st funding round 8 years after it was founded.
Where is SuturTek Incorporated located?
SuturTek Incorporated is headquartered in Chelmsford, United States. It is registered at Chelmsford, Massachusetts, United States.
Is SuturTek Incorporated a funded company?
SuturTek Incorporated is a funded company, having raised a total of $1.4M across 4 funding rounds to date.
What does SuturTek Incorporated do?
SuturTek Incorporated was founded in 1993 in Chelmsford, United States. Medical devices focused on suturing are developed and provided by the company for both open surgery and minimally invasive procedures. Single-port and conventional laparoscopy are enabled through its product line. Operations center on the surgical instruments sector, with distribution aimed at healthcare providers in the United States.
Who are the top competitors of SuturTek Incorporated?
SuturTek Incorporated's top competitors include Ceterix, Planatome and Gordian Surgical.
Who are SuturTek Incorporated's investors?
SuturTek Incorporated has 4 investors. Key investors include Tyco, Spring Bay Companies, Triathlon Medical Ventures, and Mayport Venture Partners.
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