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Endomedix

Description

Developer of medical surgery equipment intended to be specifically used in brain surgery. The company's surgical device allows surgeons to avoid swelling by gently contracting in wet or moist environments, which has been shown in trials in standard in vivo model that hemostasis can be achieved in about 20 seconds versus the 10 minutes that current leading products achieve, saving hospitals time and expenses.

2005

Founded

PRIVATE

Status

1-10

Employees

Seed

Latest Deal Type

$2.6M

Latest Deal Amount

$1.4M

Total Amount Raised

Description

Developer of medical surgery equipment intended to be specifically used in brain surgery. The company's surgical device allows surgeons to avoid swelling by gently contracting in wet or moist environments, which has been shown in trials in standard in vivo model that hemostasis can be achieved in about 20 seconds versus the 10 minutes that current leading products achieve, saving hospitals time and expenses.

Website:

www.endomedix.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Surgical Devices

Primary Office

1 Normal Avenue CELS 404 Montclair, NJ 07043United States +1 (848) 248-1883
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Endomedix Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Endomedix Investors (5)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Enterprise Development CenterAccelerator/Incubator000 0000000 0000
James PastenaAngel (individual)Minority000 0000000 0000
National Institute of Neurological Disorders and Stroke (NINDS)Government000 0000000 0000
National Institutes of HealthGovernment000 0000000 0000
Rho VenturesVenture CapitalMinority000 0000000 0000
Enterprise Development Center Accelerator/Incubator
James Pastena Angel (individual)
National Institute of Neurological Disorders and Stroke (NINDS) Government
National Institutes of Health Government
Rho Ventures Venture Capital

Endomedix Executive Team (3)

NameTitleBoard
Seat
Contact
Info
Richard RussoChief Executive Officer, President & Board Member
John AbrahamsCo-Founder, Medical Director & Board Member
Piyush ModakDirector of Research & Development
Richard Russo Chief Executive Officer, President & Board Member
John Abrahams Co-Founder, Medical Director & Board Member
Piyush Modak Director of Research & Development

Endomedix Board Members (5)

NameRepresentingRoleSinceContact
Info
James PastenaSelfAngel (individual)000 0000
John AbrahamsEndomedixCo-Founder, Medical Director & Board Member000 0000
Richard OlsonEndomedixBoard Member000 0000
Richard RussoEndomedixChief Executive Officer, President & Board Member000 0000
Weiliam ChenEndomedixCo-Founder & Board Member000 0000
James Pastena Angel (individual) Self
John Abrahams Co-Founder, Medical Director & Board Member Endomedix
Richard Olson Board Member Endomedix
Richard Russo Chief Executive Officer, President & Board Member Endomedix
Weiliam Chen Co-Founder & Board Member Endomedix
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