About ThermoTek
ThermoTek is a company based in Dallas (United States) founded in 1998 was acquired by Havencrest Capital Management in October 2020.. ThermoTek offers products and services including VascuTherm 5, ARTEK Pro, and ARTEK Sport. ThermoTek operates in a competitive market with competitors including miraDry, Zeno Corporation, Therative, CERAGEM and Kelvi, among others.
- Headquarter Dallas, 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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- Legal Name Thermotek, Inc.
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Annual Revenue
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Latest Funding Round
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Acquired by
Havencrest Capital Management
(Oct 22, 2020)
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Products & Services of ThermoTek
ThermoTek offers a comprehensive portfolio of products and services, including VascuTherm 5, ARTEK Pro, and ARTEK Sport. 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.
Offers thermal and compression therapy for post-surgical recovery.
Integrates cold, heat, and compression for surgical healing.
Provides safe, portable ice therapy for injury recovery.
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Sales and Marketing
2 people
Software Development Team
1 people
Leadership Team
1 people
Operations Team
1 people
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Funding Insights of ThermoTek
| 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 ThermoTek
ThermoTek has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Havencrest Capital Management. 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 private equity fund focused on healthcare companies is managed.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ThermoTek
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - ThermoTek
| 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 |
Thermotek Comparisons
Competitors of ThermoTek
ThermoTek 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 miraDry, Zeno Corporation, Therative, CERAGEM and Kelvi, 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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Underarm sweat and odor glands are eliminated noninvasively.
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Zeno Corporation develops devices for thermal treatment of acne.
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Technology news site covering innovations and industry reactions.
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It functions as an automatic thermal massager.
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A cryo/thermotherapy device for athletic recovery is developed by Kelvi.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Thermotek
Frequently Asked Questions about ThermoTek
When was ThermoTek founded?
ThermoTek was founded in 1998.
Where is ThermoTek located?
ThermoTek is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of ThermoTek?
Randy Chatman is the current CEO of ThermoTek.
What does ThermoTek do?
ThermoTek focuses on precision thermal management solutions and compression therapies and it has numerous patents for its technology, The VascuTherm 4 device provides cold (without ice), heat, compression and DVT prevention therapy through a variety of single patient use wraps. Other products are based out of Thermoelectric Technology, Power Supply Temperature Control Technology, PhasePlane Heat Pipes, ThermalPlane Applications, and Liquid Loop Systems. The medical devices have applications in Orthopedics, Wound Care, and Aesthetics.
Who are the top competitors of ThermoTek?
ThermoTek's top competitors include miraDry, Kelvi and Temprian Therapeutics.
What products or services does ThermoTek offer?
ThermoTek offers VascuTherm 5, ARTEK Pro, and ARTEK Sport.
Who are ThermoTek's investors?
ThermoTek has 1 investor. Key investors include Havencrest Capital Management.