Forest Devices Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Out of Business

  • Employees
  • 6

Employees

  • Latest Deal Type
  • Out of Business

Forest Devices General Information

Description

Developer of a stroke screening device designed to help medical personnel detect early signs of stroke. The company's device is a low-cost, portable stroke detector that is non-invasive and durable; it detects ischemic and hemorrhagic strokes to triage patients to the appropriate level of care, enabling medical practitioners to make efficient stroke decisions and reduce delays in critical treatment.

Contact Information

Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 100 South Commons
  • Suite 102
  • Pittsburgh, PA 15212
  • United States
+1 (412)
Primary Industry
Diagnostic Equipment
Vertical(s)
Corporate Office
  • 100 South Commons
  • Suite 102
  • Pittsburgh, PA 15212
  • United States
+1 (412)

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Forest Devices Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Out of Business 13-Oct-2026 Completed Out of Business
14. Later Stage VC 19-Sep-2024 Completed Generating Revenue
13. Secondary Transaction - Private Completed Generating Revenue
12. Later Stage VC (Series A1) 18-May-2023 Completed Generating Revenue
11. Later Stage VC (Series A) 28-Jun-2021 Completed Generating Revenue
10. Accelerator/Incubator 15-May-2020 Completed Generating Revenue
9. Seed Round 01-Nov-2019 Completed Generating Revenue
8. Accelerator/Incubator 01-Jun-2019 Completed Generating Revenue
7. Seed Round 11-Jan-2018 $2.3M $2.35M Completed Generating Revenue
6. Secondary Transaction - Private $52.5K Completed Pre-Clinical Trials
To view Forest Devices’s complete valuation and funding history, request access »

Forest Devices Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A-1
Series A-3
Series A-2 2,200,000 $0.000100 $2.33 $2.33 1x $2.33 29.92%
To view Forest Devices’s complete cap table history, request access »

Forest Devices Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a stroke screening device designed to help medical personnel detect early signs of stroke. The company's de
Diagnostic Equipment
Pittsburgh, PA
6 As of 2026

Radnor, PA
 

Costa Mesa, CA
 
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Forest Devices Competitors (6)

One of Forest Devices’s 6 competitors is InfraScan, a Venture Capital-Backed company based in Radnor, PA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
InfraScan Venture Capital-Backed Radnor, PA
Spartan Micro Venture Capital-Backed Costa Mesa, CA
MindRhythm Venture Capital-Backed Cupertino, CA
Boston Scientific Corporation Marlborough, MA
Rex Bionics Venture Capital-Backed Auckland, New Zealand
To view Forest Devices’s complete competitors history, request access »

Forest Devices Patents

Forest Devices Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-206921-S Gel distribution module Active 07-Apr-2021
CA-3128015-A1 Headgear having electrodes integrally formed therein having a gel distribution apparatus Pending 29-Jan-2019
EP-3917391-A1 Headgear having electrodes integrally formed therein having a gel distribution apparatus Inactive 29-Jan-2019
EP-3917391-A4 Headgear having electrodes integrally formed therein having a gel distribution apparatus Inactive 29-Jan-2019
WO-2020159906-A1 Headgear having electrodes integrally formed therein having a gel distribution apparatus Inactive 29-Jan-2019 A61B5/6803
To view Forest Devices’s complete patent history, request access »

Forest Devices Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Forest Devices FAQs

  • When was Forest Devices founded?

    Forest Devices was founded in 2015.

  • Where is Forest Devices headquartered?

    Forest Devices is headquartered in Pittsburgh, PA.

  • What is the size of Forest Devices?

    Forest Devices has 6 total employees.

  • What industry is Forest Devices in?

    Forest Devices’s primary industry is Diagnostic Equipment.

  • Is Forest Devices a private or public company?

    Forest Devices is a Private company.

  • What is Forest Devices’s current revenue?

    The current revenue for Forest Devices is .

  • How much funding has Forest Devices raised over time?

    Forest Devices has raised $25.1M.

  • Who are Forest Devices’s competitors?

    InfraScan, Spartan Micro, MindRhythm, Boston Scientific, and Rex Bionics are some of the 6 competitors of Forest Devices.

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