Third Pole Therapeutics

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

About Third Pole Therapeutics

Third Pole Therapeutics is a Healthcare 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. Its chief executive, as recorded, is David Zapol. Third Pole Therapeutics offers products and services including eNOfit and Inhaled Nitric Oxide Platform. Its focus areas include Life Sciences, Cardiac and Vascular Disorders, Medical Devices and Therapeutic Devices. Its legal entity is Third Pole, Inc. Its competitors include Vyaire, Valencia Technologies and Rox Medical; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Boston, United States
  • Founders David Zapol
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website pole3.com
  • Social LinkedIn
  • Legal Name Third Pole, Inc.
Key Metrics
  • Total Equity Funding
    $87.6M (USD)

    in 5 rounds

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

    Mar 2024

  • Investors

Products & Services of Third Pole Therapeutics

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

eNOfit
Medical Device

Portable system for delivering inhaled nitric oxide therapy.

Inhaled Nitric Oxide Platform
Therapeutic Technology

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

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 $87.6M
  • Total Rounds 5
  • Last Round Series B β€” $16.85M
  • First Round $13.75M

    (Jan 2018)

  • Investors Count 1

All 5 funding rounds of Third Pole Therapeutics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$16.85MSeries B––
–
Dec 2022$32MSeries B––
–
Feb 2022$25MSeries B––
–
Apr 2021$15MDebt – Conventional––
Jan 2018$13.75MSeries B––
–
Valuation history

1 investors in total: 1 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Diversified investments in distressed debt and securities are managed globally.
1995avenuecapital.comNew York, United States
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Investor details for Third Pole Therapeutics

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People of Third Pole Therapeutics

5 people are tracked at Third Pole Therapeutics (4 in leadership, 1 in team).

NameRoleGroup
David Zapol
Co-Founder & CEOLeadership
Bill Athenson
Chief Executive OfficerLeadership
Tony Raymond
Vice President of Quality Assurance and Regulatory AffairsLeadership
Elizabeth Holmberg
Chief Financial OfficerLeadership
Adam Young
Senior Manager, Mechanical EngineeringTeam
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Timeline of Third Pole Therapeutics

3 dated milestones of Third Pole Therapeutics across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Third Pole Therapeutics is founded.
  2. Funding First funding round of $13.8M.
  3. Funding Latest funding round, Series B, of $16.9M.

Competitors of Third Pole Therapeutics

Third Pole Therapeutics has 3 listed competitors in our database, 3 of them funded. They include Vyaire, Valencia Technologies and Rox Medical.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
vyaire.com2016Illinois, United States$31.53M7
Respiratory devices for diagnostics, ventilation, and patient monitoring are developed.
valenciatechnologies.com2011Santa Clarita, United States$54.97M
A coin-sized neuromodulation device for hypertension treatment is developed.
roxmedical.com2004San Clemente, United States$101.1M6
Develops interventional vascular therapies.
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Detailed competitors of Third Pole Therapeutics

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Web traffic of Third Pole Therapeutics

The website of Third Pole Therapeutics (pole3.com) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▲ 14.5% vs previous month

Top companies in Pulmonology

3 companies that operate in the same segment as Third Pole Therapeutics (Pulmonology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of novel protein-based therapeutics using machine learning and biological engineering
2018Somerville, Massachusetts, United StatesUSD 693 M329
Portable oxygen concentrators are supplied for respiratory therapy needs.
2001Goleta, California, United StatesUSD 51.65 MUSD 348.67 M766
Robotic microsurgical systems for endoscopy are developed.
2007Redwood City, California, United StatesUSD 733.62 M91
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Related news about Third Pole Therapeutics

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Frequently Asked Questions about Third Pole Therapeutics

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

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

David Zapol is the CEO of Third Pole Therapeutics, as recorded in our data. They have also founded this 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 $13.75M, raised on Jan 2018.

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.

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

Third Pole Therapeutics offers eNOfit and Inhaled Nitric Oxide Platform.

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

Third Pole Therapeutics operates through Third Pole, Inc..

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