About Vesper Medical
Vesper Medical is a company based in Wayne (United States) founded in 2016 was acquired by Philips in December 2021.. Vesper Medical has raised $52.46 million across 2 funding rounds from investors including Philips, Vensana Capital and Gilde Healthcare. The company has 22 employees as of December 31, 2020. Vesper Medical offers products and services including DUO-HYBRID Stent and DUO-EXTEND Stent. Vesper Medical operates in a competitive market with competitors including SMT, InspireMD, Endospan, Biosensors International and Veryan Medical, among others.
- Headquarter Wayne, United States
- Employees 22 as on 31 Dec, 2020
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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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- Legal Name Vesper Medical, Inc.
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Products & Services of Vesper Medical
Vesper Medical offers a comprehensive portfolio of products and services, including DUO-HYBRID Stent and DUO-EXTEND Stent. 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.
Stent for treating iliac vein obstructions in deep venous systems.
Stent designed for clinical investigations in venous treatments.
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Software Development Team
195 people
Leadership Team
66 people
Sales and Marketing
54 people
Human Resources and Administration
38 people
Product Management Team
29 people
Senior Team
29 people
Legal and Compliance
27 people
Finance and Accounting
24 people
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Funding Insights of Vesper Medical
Vesper Medical has successfully raised a total of $52.46M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $37 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $37.0M
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First Round
First Round
(19 Oct 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Series B - Vesper Medical | Valuation | Vensana Capital , Gilde Healthcare | |
| Oct, 2016 | Amount | Series A - Vesper Medical | Valuation |
investors |
| 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 |
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Investors in Vesper Medical
Vesper Medical has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Philips, Vensana Capital and Gilde Healthcare. 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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Investments in medical technology are made by Vensana Capital.
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Founded Year | Domain | Location | |
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Private equity and venture captial firm focused on healthcare sectors
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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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 Vesper 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 - Vesper Medical
| 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 |
Vesper Medical Comparisons
Competitors of Vesper Medical
Vesper 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 SMT, InspireMD, Endospan, Biosensors International and Veryan 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 |
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| domain | founded_year | HQ Location |
SMT is recognized as a developer of cardiovascular medical devices.
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| domain | founded_year | HQ Location |
Proprietary stent systems with bio-stable mesh are developed and commercialized.
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| domain | founded_year | HQ Location |
Endovascular stent graft systems for aortic aneurysm repair are developed.
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| domain | founded_year | HQ Location |
Products for interventional cardiology and critical care procedures
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| domain | founded_year | HQ Location |
Three-dimensional vascular stents for peripheral vascular disease are developed.
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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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Latest news on Vesper Medical
Frequently Asked Questions about Vesper Medical
When was Vesper Medical founded?
Vesper Medical was founded in 2016.
Where is Vesper Medical located?
Vesper Medical is headquartered in Wayne, United States.
Is Vesper Medical a funded company?
Vesper Medical is a funded company, having raised a total of $52.46M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15.46M, raised on Oct 19, 2016.
How many employees does Vesper Medical have?
As of Dec 31, 2020, the latest employee count at Vesper Medical is 22.
What does Vesper Medical do?
Vesper Medical (a spinout of Intact Vascular) is developing a venous stent system. The product is called Vesper DUO venous stent system, used for minimally invasive venous stenting and treatment of deep venous disease of the iliac and femoral veins. The product is in the development stage.
Who are the top competitors of Vesper Medical?
What products or services does Vesper Medical offer?
Vesper Medical offers DUO-HYBRID Stent and DUO-EXTEND Stent.
Who are Vesper Medical's investors?
Vesper Medical has 5 investors. Key investors include Philips, Vensana Capital, Gilde Healthcare, NEA, and Quaker Partners Management.
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