About Tangent Medical
Tangent Medical is a company based in Ann Arbor (United States) founded in 2009 was acquired by ICU Medical in April 2016.. Tangent Medical has raised $23 million across 6 funding rounds from investors including Flagship Pioneering, ICU Medical and GE Capital Canada. The company has 11 employees as of December 31, 2015. Tangent Medical operates in a competitive market with competitors including TISSIUM, Cardival Medical, Laminate Medical, Aziyo Biologics and Vivasure Medical, among others.
- Headquarter Ann Arbor, United States
- Employees 11 as on 31 Dec, 2015
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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
$23 M (USD)
in 6 rounds
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Latest Funding Round
$1 M (USD), Series B
Oct 09, 2015
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Investors
Flagship Pioneering
& 4 more
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Employee Count
11
as on Dec 31, 2015
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Acquired by
ICU Medical
(Apr 01, 2016)
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Funding Insights of Tangent Medical
Tangent Medical has successfully raised a total of $23M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $1 million completed in October 2015. 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 6
- Last Round Series B — $1.0M
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First Round
First Round
(08 Sep 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Series B - Tangent Medical | Valuation |
investors |
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| Feb, 2014 | Amount | Debt – Conventional - Tangent Medical | Valuation |
investors |
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| Nov, 2012 | Amount | Series B - Tangent Medical | Valuation | Arboretum Ventures |
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| 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 Tangent Medical
Tangent Medical has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Flagship Pioneering, ICU Medical and GE Capital Canada. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Healthcare venture capital investments are made by Arboretum Ventures.
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Founded Year | Domain | Location | |
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Life sciences-focused venture capital firm
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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 Tangent Medical
| 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.
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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 - Tangent 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 |
Tangent Medical Comparisons
Competitors of Tangent Medical
Tangent Medical 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 TISSIUM, Cardival Medical, Laminate Medical, Aziyo Biologics and Vivasure Medical, 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 |
Vascular sealants for open surgery are developed by TISSIUM.
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| domain | founded_year | HQ Location |
A device for vascular access management is developed.
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| domain | founded_year | HQ Location |
AV fistula maturation and patency are supported by VasQ device.
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| domain | founded_year | HQ Location |
Regenerative medicine products are developed for orthopedic and cardiovascular applications.
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| domain | founded_year | HQ Location |
Bioabsorbable implants and delivery systems for arteriotomy closure are developed.
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| domain | founded_year | HQ Location |
Ultrasound thrombolytic devices for pulmonary embolism treatment are developed.
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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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Latest news on Tangent Medical
Frequently Asked Questions about Tangent Medical
When was Tangent Medical founded?
Tangent Medical was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Tangent Medical located?
Tangent Medical is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
Is Tangent Medical a funded company?
Tangent Medical is a funded company, having raised a total of $23M across 6 funding rounds to date. The company's 1st funding round was a Series B of $8.62M, raised on Sep 08, 2011.
How many employees does Tangent Medical have?
As of Dec 31, 2015, the latest employee count at Tangent Medical is 11.
What does Tangent Medical do?
Tangent Medical Technologies was established in 2009 as a development-stage medical device company in Ann Arbor, United States. Technology for its lead product, NovaCathan integrated IV catheter systemwas exclusively licensed from the University of Michigans Medical Innovation Center. Stability in peripheral venous access is improved by the device, while needlestick injury risks to clinical staff are reduced. Approvals from the FDA and CE Mark have been secured for the system.
Who are the top competitors of Tangent Medical?
Tangent Medical's top competitors include TISSIUM, Vivasure Medical and Cardival Medical.
Who are Tangent Medical's investors?
Tangent Medical has 5 investors. Key investors include Flagship Pioneering, ICU Medical, GE Capital Canada, Arboretum Ventures, and Osage University Partners.