Lineus Medical Overview
- Founded
-
2015
- Status
-
Private
- Employees
-
10
- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$4.5M
- Investors
-
16
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 to separate when excessive tension is exerted across a peripheral IV set, enabling medical practitioners to prevent IV access lines from becoming dislodged which can lead to blood loss and infection.
Contact Information
Website
www.lineusmed.com
Formerly Known As
LineGard Med
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Surgical Devices
Primary Office
- 179 North Church Avenue
- Suite 202
- Fayetteville, AR 72701
- United States
+1 (844) 000-0000
Lineus Medical Timeline
Lineus Medical Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Later Stage VC (Series C) | 01-Sep-2022 | $4.5M | 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 | 00.000 | 00.000 | 00.000 | Completed | Pre-Clinical Trials |
| 6. Accelerator/Incubator | 15-Aug-2018 | 000.00 | 00.000 | Completed | Pre-Clinical Trials | |
| 5. Grant | 31-Oct-2017 | 0000 | 00.000 | Completed | Pre-Clinical Trials | |
| 4. Early Stage VC (Series A2) | 01-Jul-2017 | $1.36M | $3.21M | 00.000 | Completed | Startup |
| 3. Early Stage VC | 09-Dec-2015 | $900K | $1.85M | 00.000 | Completed | Startup |
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
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a break-away Intravenous therapy (IV) device designed to work with a variety of medical tubing. The company
Surgical Devices
Fayetteville, AR
10
As of 2022
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Zurich, Switzerland
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Tucson, AZ
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As of 0000
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Add Comparison
Lineus Medical Competitors (8)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Luciole Medical | Venture Capital-Backed | Zurich, Switzerland | 00 | 000.00 | 00000000000 | 000.00 |
| 0000000 | Formerly VC-backed | Tucson, AZ | 000 | 000.00 | 000000&0 | 000.00 |
| 00000000 | Venture Capital-Backed | Medford, NY | 00 | 000.00 | 0000000000 0 | 000.00 |
| 000000 0000 000000 | Private Equity-Backed | Bothell, WA | 000 | 000.00 | 000000000000 | 000.00 |
| 0000000 | Private Equity-Backed | Newport News, VA | 00 | 000.00 | 0000000 0000 | 000.00 |
Lineus Medical Patents
Lineus Medical Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3740273-A1 | Breakaway medical tubing connector | Pending | 19-Jan-2018 | 000000000 | |
| EP-3740273-A4 | Breakaway medical tubing connector | Pending | 19-Jan-2018 | 000000000 | |
| AU-2019209934-A1 | Breakaway medical tubing connector | Pending | 17-Jan-2018 | 000000000 | |
| CA-3088802-A1 | Breakaway medical tubing connector | Pending | 17-Jan-2018 | 000000000 | |
| US-D851759-S1 | Breakaway connector for medical lines | Active | 17-Jan-2018 | 000 |
Lineus Medical Executive Team (5)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Vance Clement | Chief Executive Officer & Board Member | ||
| Will Armstrong | Chief Operating Officer |
Lineus Medical Board Members (4)
| Name | Representing | Role | Since |
|---|---|---|---|
| Chris Scalet | Lineus Medical | Board Member | 000 0000 |
| Gary Stevenson | MB Venture Partners | Chairman | 000 0000 |
| Vance Clement | Lineus Medical | Chief Executive Officer & Board Member | 000 0000 |
Lineus Medical Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Lineus Medical Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| ARK Invest | 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 | |
| Nashville Entrepreneur Center | Accelerator/Incubator | 000 0000 | 000000 0 |