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Admetsys

Description

Developer of a blood-sugar management system designed to control blood sugar in Type-1 diabetes patients. The company's Automated Insulin Delivery (AID) system uses a standard IV line, which draws a small blood sample (less than a mL) every few minutes, from which it measures glucose electro-chemically and returns the blood back to the patient enabling hospitals to more effectively control blood glucose levels and alleviate some of the stresses associated with diabetic care in the hospital environment.

2006

Founded

PRIVATE

Status

1-10

Employees

Corporate

Latest Deal Type

$1.19M

Total Amount Raised

12

Investors

Description

Developer of a blood-sugar management system designed to control blood sugar in Type-1 diabetes patients. The company's Automated Insulin Delivery (AID) system uses a standard IV line, which draws a small blood sample (less than a mL) every few minutes, from which it measures glucose electro-chemically and returns the blood back to the patient enabling hospitals to more effectively control blood glucose levels and alleviate some of the stresses associated with diabetic care in the hospital environment.

Website:

www.admetsys.com

Ownership Status

Privately Held (backing)

Financing Status

Corporate Backed or Acquired

Primary Industry

Therapeutic Devices

Other Industries

Other Healthcare Technology Systems

Primary Office

21 Drydock Avenue Suite 610E, 6th Floor Boston, MA 02210United States
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Admetsys Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Admetsys Investors (12)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
AcceleraceAccelerator/IncubatorMinority000 0000000 0000
Challenge Up AcceleratorAccelerator/IncubatorMinority000 0000000 0000
DreamIt VenturesAccelerator/IncubatorMinority000 0000000 0000
HealthboxAccelerator/IncubatorMinority000 0000000 0000
HubX (accelerator)Accelerator/IncubatorMinority000 0000000 0000
Accelerace Accelerator/Incubator
Challenge Up Accelerator Accelerator/Incubator
DreamIt Ventures Accelerator/Incubator
Healthbox Accelerator/Incubator
HubX (accelerator) Accelerator/Incubator

Admetsys Executive Team (3)

NameTitleBoard
Seat
Contact
Info
Jeffrey ValkCo-Founder and Chief Executive Officer
Glenn RobertelliChief Operating Officer & Co-Founder
Tim ValkChief Scientist
Jeffrey Valk Co-Founder and Chief Executive Officer
Glenn Robertelli Chief Operating Officer & Co-Founder
Tim Valk Chief Scientist
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