About Tympany Medical
Tympany Medical is a company based in Galway (Ireland) founded in 2016 by Rory OCallaghan and Elizabeth McGloughlin.. Tympany Medical has raised $3.95 million across 2 funding rounds from investors including Mayo Clinic, EIT Health and Enterprise Ireland. Tympany Medical offers products and services including Variable Angle Endoscopy. Tympany Medical operates in a competitive market with competitors including Auris Health, 3Shape, MedInTech, Karl Storz and Wooptix, among others.
- Headquarter Galway, Ireland
- Founders Rory OCallaghan, Elizabeth McGloughlin
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Sectors
Healthcare
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Email
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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
$3.95 M (USD)
in 2 rounds
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Latest Funding Round
$3.95 M (USD), Seed
Nov 22, 2021
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Investors
Mayo Clinic
& 6 more
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Employee Count
Employee Count
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Products & Services of Tympany Medical
Tympany Medical offers a comprehensive portfolio of products and services, including Variable Angle Endoscopy. 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.
Enhances patient outcomes via shorter, less invasive procedures for faster recovery.
Funding Insights of Tympany Medical
Tympany Medical has successfully raised a total of $3.95M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.95 million completed in November 2021. 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 2
- Last Round Seed — $3.9M
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First Round
First Round
(09 Jul 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Tympany Medical | Valuation | Atlantic Bridge | |
| Jul, 2019 | Amount | Grant - Tympany Medical | Valuation |
investors |
| 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 Tympany Medical
Tympany Medical has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Mayo Clinic, EIT Health and Enterprise Ireland. 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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Atlantic Bridge is focused on growth equity investments in technology.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity & debt fund investing in multiple sectors
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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 Tympany Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Tympany 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 |
Tympany Medical Comparisons
Competitors of Tympany Medical
Tympany 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 Auris Health, 3Shape, MedInTech, Karl Storz and Wooptix, 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 |
Robotic microsurgical systems for endoscopy are developed.
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| domain | founded_year | HQ Location |
Provider of 3D ear scanning systems
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| domain | founded_year | HQ Location |
Medical device technologies are developed with AI for diagnostics.
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| domain | founded_year | HQ Location |
Endoscopic instruments, devices, and camera systems are developed and manufactured.
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| domain | founded_year | HQ Location |
Application that allows 3D capture using single standard camera
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| domain | founded_year | HQ Location |
Endoscopic devices and accessories are developed for medical use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Tympany Medical
When was Tympany Medical founded?
Tympany Medical was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Tympany Medical located?
Tympany Medical is headquartered in Galway, Ireland.
Who is the current CEO of Tympany Medical?
Elizabeth McGloughlin is the current CEO of Tympany Medical. They have also founded this company.
Is Tympany Medical a funded company?
Tympany Medical is a funded company, having raised a total of $3.95M across 2 funding rounds to date. The company's 1st funding round was a Grant of $56.1K, raised on Jul 09, 2019.
What does Tympany Medical do?
Tympany Medical was founded in 2016 in Galway, Ireland, within the medical device sector focused on otology. A combined access and visualization device is being designed and developed to enable surgeons to navigate and view obscured areas in the ear canal. This approach supports improved procedural outcomes by minimizing the requirement for invasive mastoidectomies. Operations are centered on advancing surgical tools for ear-related interventions.
Who are the top competitors of Tympany Medical?
Tympany Medical's top competitors include Auris Health, 3Shape and Wooptix.
What products or services does Tympany Medical offer?
Tympany Medical offers Variable Angle Endoscopy.
Who are Tympany Medical's investors?
Tympany Medical has 7 investors. Key investors include Mayo Clinic, EIT Health, Enterprise Ireland, Western Development Commission, and Atlantic Bridge.