About SuturTek Incorporated
SuturTek Incorporated is a Healthcare company based in Chelmsford (United States) founded in 1993. Suturing devices are supplied for open and minimally invasive surgery. SuturTek Incorporated has raised $1.4 million across 4 funding rounds from investors including Tyco, Spring Bay Companies and Triathlon Medical Ventures. Its focus areas include Life Sciences, Surgical Instruments, Surgical Access and Closure and Surgical Sutures. Its competitors include Ceterix, SentreHEART and Tepha; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Chelmsford, United States
- SectorsHealthcare
- Website suturtek.com
- Social LinkedIn
- Total Equity Funding$1.4M (USD)
in 4 rounds
- Latest Funding Round$1.4M (USD), Series B
May 2008
- InvestorsTyco
& 3 more
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 $1.4M
- Total Rounds 4
- Last Round Series B — $1.4M
- Investors Count 4
All 4 funding rounds of SuturTek Incorporated with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2008 | $1.4M | Series B | – | – | – |
| Jan 2008 | $5M | Debt – Convertible | – | – | – |
| Jan 2004 | Series B | – | – | ||
| Mar 2001 | Series A | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A single-family office with diverse investment portfolios is operated. | 2002 | spring-bay.com | Ponte Vedra Beach, United States | |
A venture fund focused on medical sector investments is managed. | tmvp.com | |||
| mayport.cc | ||||
Fire, CCTV, and access control security solutions are provided. | 1960 | tyco.com | Princeton, United States |
Investor details for SuturTek Incorporated
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- Complete investor list
- Round participation
- Investor portfolios
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Timeline of SuturTek Incorporated
3 dated milestones of SuturTek Incorporated across 15 years, from founding to its latest funding, stage changes and deals.
- Founded SuturTek Incorporated is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $1.4M.
Competitors of SuturTek Incorporated
SuturTek Incorporated has 3 listed competitors in our database, 3 of them funded. They include Ceterix, SentreHEART and Tepha.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ceterix.com | 2010 | Menlo Park, United States | $73.88M | 63 | Novel suture passers for arthroscopic orthopedic surgery are developed. | |
| sentreheart.com | 2005 | Redwood, United States | $69.02M | Suture-based devices for soft tissue closure are developed. | ||
| tepha.com | 1998 | Lexington, United States | $36.31M | 51 | Absorbable biomaterials for medical sutures and meshes are developed. |
Detailed competitors of SuturTek Incorporated
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- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Top companies in Medical Equipment & Supplies
3 companies that operate in the same segment as SuturTek Incorporated (Medical Equipment & Supplies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic microsurgical systems for endoscopy are developed. | 2007 | Redwood City, California, United States | USD 733.62 M | 91 | ||
Injectable packaging, containment, and delivery solutions are manufactured. | 1923 | Exton, Pennsylvania, United States | USD 8.15 B | 6,357 |
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Frequently Asked Questions about SuturTek Incorporated
SuturTek Incorporated was founded in 1993 and raised its 1st funding round 8 years after it was founded.
SuturTek Incorporated is headquartered in Chelmsford, United States. It is registered at Chelmsford, Massachusetts, United States.
SuturTek Incorporated is a funded company, having raised a total of $1.4M across 4 funding rounds to date.
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.
SuturTek Incorporated's top competitors include Ceterix, SentreHEART and Tepha.
SuturTek Incorporated has 4 investors. Key investors include Tyco, Spring Bay Companies, Triathlon Medical Ventures, and Mayport Venture Partners.