Lineus Medical Overview
- Status
-
Private
- Employees
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10
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$500K
- Investors
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17
Lineus Medical General Information
Description
Developer of a break-away Intravenous therapy (IV) device designed to work with a variety of medical tubing. The company focuses on increasing the patient's overall quality of care during IV therapy by using technology to create a separation in the IV tubing which is created when excessive tension is exerted across a peripheral IV set, enabling medical practitioners to prevent access lines from becoming dislodged which can lead to blood loss and infection.
Contact Information
Website
www.lineusmed.comCorporate Office
- 179 North Church Avenue
- Suite 202
- Fayetteville, AR 72701
- United States
Corporate Office
- 179 North Church Avenue
- Suite 202
- Fayetteville, AR 72701
- United States
Lineus Medical Timeline
Lineus Medical Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
15. Later Stage VC | 30-Jun-2024 | $500K | 000.00 | Completed | Generating Revenue | |
14. Later Stage VC | 01-Dec-2023 | 00.00 | 000.00 | Completed | Generating Revenue | |
13. Accelerator/Incubator | 13-Apr-2023 | 000.00 | Completed | Generating Revenue | ||
12. Later Stage VC (Series C) | 01-Sep-2022 | 00.00 | 000.00 | 0000 | Completed | Generating Revenue |
11. Grant | 23-Aug-2021 | 00000 | 00.000 | Completed | Generating Revenue | |
10. Later Stage VC (Series B) | 16-Jun-2021 | 000 | 00.000 | 0000 | Completed | Generating Revenue |
9. Accelerator/Incubator | 03-Sep-2020 | 00.00 | 00.000 | Completed | Pre-Clinical Trials | |
8. Accelerator/Incubator | 12-Nov-2019 | 0000 | 00.000 | 00000 | Completed | Pre-Clinical Trials |
7. Early Stage VC (Series A3) | 06-Jun-2019 | $1.09M | $4.31M | 00.000 | Completed | Pre-Clinical Trials |
6. Accelerator/Incubator | 15-Aug-2018 | $39.6K | $3.21M | Completed | Pre-Clinical Trials |
Lineus Medical Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | 00,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00.00 | |
Series B2 | 00,000 | 00.000000 | 000.0 | 000.0 | 00 | 000.0 | 0.000 | |
Series B | 00,000 | 00.000000 | 000.0 | 000.0 | 00 | 000.0 | 00.000 | |
Series A3 | 00,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 0.000 | |
Series A2 | 42,986 | $0.000100 | $31.75 | $31.75 | 1x | $31.75 | 14.71% | |
Series A1 | 33,659 | $0.000100 | $28.22 | $28.22 | 1x | $28.22 | 11.52% |
Lineus Medical Comparisons
Industry
Financing
Details
Lineus Medical Competitors (8)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
B. Braun | Corporation | Melsungen, Germany | 00000 | |||
AccuVein | Venture Capital-Backed | Medford, NY | 00 | 000.00 | 0000000000 0 | 000.00 |
ivWatch | Private Equity-Backed | Newport News, VA | 00 | 000.00 | 000000000000 | 000.00 |
Nox Medical | Private Equity-Backed | Reykjavik, Iceland | 000 | 0000 | 00000000000 | 0000 |
Christie Medical Holdings | Corporate Backed or Acquired | Lake Mary, FL | 0 | 000000&0 |
Lineus Medical Patents
Lineus Medical Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230040378-A1 | Breakaway connector | Pending | 09-Aug-2021 | 000000000 | |
US-20230149689-A1 | Breakaway connector | Pending | 09-Aug-2021 | 000000000 | |
EP-4366816-A1 | Breakaway connector | Pending | 09-Aug-2021 | 000000000 | |
AU-2022325759-A1 | Breakaway connector | Pending | 09-Aug-2021 | 000000000 | |
CA-3228512-A1 | Breakaway connector | Pending | 09-Aug-2021 | A61M39/24 |
Lineus Medical Executive Team (6)
Name | Title | Board Seat |
---|---|---|
Vance Clement | Chief Executive Officer, President & Board Member | |
Will Armstrong | Chief Operating Officer | |
David DePoyster | Co-Founder |
Lineus Medical Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Chris Scalet | Self | Board Member | 000 0000 |
Gary Stevenson | MB Venture Partners | Chairman | 000 0000 |
Jonathon Fite | KMF Investments | Board Member | 000 0000 |
Vance Clement | Lineus Medical | Chief Executive Officer, President & Board Member | 000 0000 |
Lineus Medical Signals
Lineus Medical Investors (17)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Fuel Accelerator | Accelerator/Incubator | 000 0000 | 000000 0 | |
ARK Investment Management | Asset Manager | Minority | 000 0000 | 000000 0 |
Arkansas Economic Development Commission | Corporation | 000 0000 | 000000 0 | |
Hartford HealthCare | Corporation | Minority | 000 0000 | 000000 0 |
KMF Investments | Hedge Fund | Minority | 000 0000 | 000000 0 |
Lineus Medical FAQs
-
Who is the founder of Lineus Medical?
David DePoyster, Louis Diesel, and Spencer Jones are the founders of Lineus Medical.
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Who is the CEO of Lineus Medical?
Vance Clement is the CEO of Lineus Medical.
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Where is Lineus Medical headquartered?
Lineus Medical is headquartered in Fayetteville, AR.
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What is the size of Lineus Medical?
Lineus Medical has 10 total employees.
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What industry is Lineus Medical in?
Lineus Medical’s primary industry is Surgical Devices.
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Is Lineus Medical a private or public company?
Lineus Medical is a Private company.
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What is Lineus Medical’s current revenue?
The current revenue for Lineus Medical is 000000.
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How much funding has Lineus Medical raised over time?
Lineus Medical has raised $16.3M.
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Who are Lineus Medical’s investors?
Fuel Accelerator, ARK Investment Management, Arkansas Economic Development Commission, Hartford HealthCare, and KMF Investments are 5 of 17 investors who have invested in Lineus Medical.
-
Who are Lineus Medical’s competitors?
B. Braun, AccuVein, ivWatch, Nox Medical, and Christie Medical Holdings are some of the 8 competitors of Lineus Medical.
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