About USGI Medical
USGI Medical is a company based in San Clemente (United States) founded in 2001 by Eugene Chen. USGI Medical has raised $45.95 million across 6 funding rounds from investors including East West Bank, GE Capital and Alta Partners. USGI Medical offers products and services including TransPort, Endoluminal Suturing, and Snowshoe Suture Anchors. USGI Medical operates in a competitive market with competitors including Apollo Endo, ReShape, Vibrynt, Satiety and Barosense, among others.
- Headquarter San Clemente, United States
- Founders Eugene Chen
-
Sectors
Healthcare
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$45.95 M (USD)
in 6 rounds
-
Latest Funding Round
$2.4 M (USD), Series E
Jun 10, 2019
-
Investors
East West Bank
& 3 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of USGI Medical
USGI Medical offers a comprehensive portfolio of products and services, including TransPort, Endoluminal Suturing, and Snowshoe Suture Anchors.
Provides stable platform for flexible endoscopic procedures.
Approximates soft tissue in minimally invasive gastroenterology.
Expandable anchors for full-thickness plications in GI use.
People of USGI Medical
Unlock access to complete
Funding Insights of USGI Medical
USGI Medical has successfully raised a total of $45.95M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $2.4 million completed in June 2019. 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.
Investors in USGI Medical
USGI Medical has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include East West Bank, GE Capital and Alta Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on healthcare companies
|
Locked | Locked | Locked | |
|
Early-stage investing in IT and healthcare ventures.
|
Locked | Locked | Locked | |
|
Commercial aircraft and equipment leasing and lending services are provided.
|
Locked | Locked | Locked |
Investor details for USGI Medical
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by USGI Medical
Investment portfolio details for USGI Medical
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - USGI Medical
Detailed financials for USGI Medical
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Usgi Medical Comparisons
Peer comparison for USGI Medical
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of USGI Medical
USGI 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 Apollo Endo, ReShape, Vibrynt, Satiety and Barosense, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Therapeutic devices for obesity and GI disorders are developed.
|
|
| Locked | Locked | Locked |
A dual intra-gastric balloon system is provided for weight loss.
|
|
| Locked | Locked | Locked |
Provides durable coat hooks and storage solutions for home use.
|
|
| Locked | Locked | Locked |
Develops a device for transoral gastroplasty to induce satiety through endoscopic methods.
|
|
| Locked | Locked | Locked |
Restrictive gastric implants and procedures are developed to induce satiety.
|
Detailed competitors of USGI Medical
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Usgi Medical
Complete news archive for USGI Medical
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about USGI Medical
USGI Medical was founded in 2001 and raised its 1st funding round 2 years after it was founded.
USGI Medical is headquartered in San Clemente, United States. It is registered at San Clemente, California, United States.
Scott Moonly is the current CEO of USGI Medical.
USGI Medical is a funded company, having raised a total of $45.95M across 6 funding rounds to date.
USGI Medical develops technologies to enable Incisionless Surgery the treatment of diseases through the natural passageways of the body. USGIs Incisionless Operating Platform provides surgeons the operating platform and specialized tools they need to perform surgery through a patients mouth or other natural orifices, reducing the need for external incisions into the abdomen. Its Incisionless Operating Platform includes an endoscopic access device, grasper, delivery catheter and tissue grasper. Currently in clinical development. USGI has demonstrated the capability to reliably and durably approximate GI tract tissue without an incision in a clinical trial for an incisionless weightloss surgery.
USGI Medical's top competitors include Apollo Endo, ReShape and Barosense.
USGI Medical offers TransPort, Endoluminal Suturing, and Snowshoe Suture Anchors.
USGI Medical has 4 investors. Key investors include East West Bank, GE Capital, Alta Partners, and InterWest.