Forest Devices Overview
- Year Founded
-
2015
- Status
-
Out of Business
- Employees
-
6
- Latest Deal Type
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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
Website
www.forestdevices.comCorporate Office
- 100 South Commons
- Suite 102
- Pittsburgh, PA 15212
- United States
Corporate Office
- 100 South Commons
- Suite 102
- Pittsburgh, PA 15212
- United States
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 |
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% |
Forest Devices Comparisons
Industry
Financing
Details
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 |
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 |
Forest Devices Signals
Forest Devices FAQs
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When was Forest Devices founded?
Forest Devices was founded in 2015.
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Where is Forest Devices headquartered?
Forest Devices is headquartered in Pittsburgh, PA.
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What is the size of Forest Devices?
Forest Devices has 6 total employees.
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What industry is Forest Devices in?
Forest Devices’s primary industry is Diagnostic Equipment.
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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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