Third Pole Therapeutics

Boston, United States Founded: 2014 • Age: 12 yrs
Developer of devices for cardiopulmonary therapies
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About Third Pole Therapeutics

Third Pole Therapeutics is a company based in Boston (United States) founded in 2014 by David Zapol.. Third Pole Therapeutics has raised $87.6 million across 5 funding rounds from investors including Avenue Capital Group. Third Pole Therapeutics offers products and services including eNOfit and Inhaled Nitric Oxide Platform. Third Pole Therapeutics operates in a competitive market with competitors including Plastiflex, Vyaire, Valencia Technologies, Resvent and Rox Medical, among others.

  • Headquarter Boston, United States
  • Founders David Zapol
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Third Pole, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $87.6 M (USD)

    in 5 rounds

  • Latest Funding Round
    $16.85 M (USD), Series B

    Mar 18, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Third Pole Therapeutics

Third Pole Therapeutics offers a comprehensive portfolio of products and services, including eNOfit and Inhaled Nitric Oxide Platform. 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.

Primary

Portable system for delivering inhaled nitric oxide therapy.

Wearable device for on-demand nitric oxide delivery in treatments.

People of Third Pole Therapeutics
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Bill Athenson
Chief Executive Officer
People
Tony Raymond
Vice President of Quality Assurance and Regulatory Affairs
People
Elizabeth Holmberg
Chief Financial Officer

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Funding Insights of Third Pole Therapeutics

Third Pole Therapeutics has successfully raised a total of $87.6M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $16.85 million completed in March 2024. 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 Rounds 5
  • Last Round Series B — $16.9M
  • First Round

    (16 Jan 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Series B - Third Pole Therapeutics Valuation

investors

Dec, 2022 Amount Series B - Third Pole Therapeutics Valuation

investors

Feb, 2022 Amount Series B - Third Pole Therapeutics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Third Pole Therapeutics

Third Pole Therapeutics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Avenue Capital Group. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Diversified investments in distressed debt and securities are managed globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Third Pole Therapeutics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Third Pole Therapeutics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Third Pole Therapeutics Comparisons

Employees
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Competitors of Third Pole Therapeutics

Third Pole Therapeutics 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 Plastiflex, Vyaire, Valencia Technologies, Resvent and Rox 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
Hose systems and related components are developed and manufactured.
domain founded_year HQ Location
Respiratory devices for diagnostics, ventilation, and patient monitoring are developed.
domain founded_year HQ Location
A coin-sized neuromodulation device for hypertension treatment is developed.
domain founded_year HQ Location
A suite of respiratory healthcare devices is developed.
domain founded_year HQ Location
Develops interventional vascular therapies.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Third Pole Therapeutics

Frequently Asked Questions about Third Pole Therapeutics

When was Third Pole Therapeutics founded?

Third Pole Therapeutics was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Third Pole Therapeutics located?

Third Pole Therapeutics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Who is the current CEO of Third Pole Therapeutics?

David Zapol is the current CEO of Third Pole Therapeutics. They have also founded this company.

Is Third Pole Therapeutics a funded company?

Third Pole Therapeutics is a funded company, having raised a total of $87.6M across 5 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Jan 16, 2018.

What does Third Pole Therapeutics do?

Developer of devices for cardiopulmonary therapies. The company is developing a device offering nitric oxide (NO) from iridium electrodes for infant acute pulmonary hypertension, heart, and lung therapies. The inhaled nitric oxide therapy delivery system relaxes the blood vessels lowering the blood pressure.

Who are the top competitors of Third Pole Therapeutics?

Third Pole Therapeutics's top competitors include Valencia Technologies, Plastiflex and Vyaire.

What products or services does Third Pole Therapeutics offer?

Third Pole Therapeutics offers eNOfit and Inhaled Nitric Oxide Platform.

Who are Third Pole Therapeutics's investors?

Third Pole Therapeutics has 1 investor. Key investors include Avenue Capital Group.

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