Laxmi Therapeutic Devices Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 28

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $15M

  • Investors
  • 3

Laxmi Therapeutic Devices General Information

Description

Developer of wearable diagnostic devices designed to allow daily continuous glucose monitoring. The company's painless patch technology specializes in integration with multiple microneedles that help in glucose monitoring, enabling people living with type I diabetes to manage their lives by getting insulin control to treat diabetes.

Contact Information

Website
www.laxmitherapeuticdevices.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 75 Aero Camino
  • Suite 204
  • Goleta, CA 93117
  • United States
+1 (415)
Primary Industry
Monitoring Equipment
Other Industries
Therapeutic Devices
Vertical(s)
HealthTech
Corporate Office
  • 75 Aero Camino
  • Suite 204
  • Goleta, CA 93117
  • United States
+1 (415)

Laxmi Therapeutic Devices Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Laxmi Therapeutic Devices Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC 20-Feb-2025 $15M Completed Generating Revenue
10. Later Stage VC 29-Nov-2023 Completed Generating Revenue
9. Later Stage VC 26-Jul-2022 Completed Generating Revenue
8. Later Stage VC 12-Apr-2021 Completed Generating Revenue
7. Early Stage VC 27-Oct-2020 Completed Startup
6. Early Stage VC 04-Dec-2019 Completed Startup
5. Grant 01-Jan-2018 Completed Startup
4. Early Stage VC 14-Dec-2017 Completed Startup
3. Seed Round 18-Jul-2016 $1.5M $1.5M Completed Startup
2. Accelerator/Incubator Completed Startup
To view Laxmi Therapeutic Devices’s complete valuation and funding history, request access »

Laxmi Therapeutic Devices Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Seed 6
Seed 5
Seed 4
Seed 3
Seed 2 2,750,000 $0.000100 $0.91 $0.91 1x $0.91 8.14%
Seed 3,000,000 $0.000100 $0.5 $0.5 1x $0.5 8.88%
To view Laxmi Therapeutic Devices’s complete cap table history, request access »

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Laxmi Therapeutic Devices Patents

  • 21

    Total Documents Applications and Grants

  • Total Patents Families

  • 7

    Granted

  • 7

    Pending

  • Expiring in next 12 mo

Laxmi Therapeutic Devices Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250143610-A1 Method for spatially constraining enzyme activity Pending 07-Nov-2023
US-20250127984-A1 Sensor cannula Pending 20-Oct-2023
US-20240398291-A1 Applicators for glucose monitors and methods for applying glucose monitors Pending 02-Jun-2023
US-20240206814-A1 Dermal sensor for determining analyte concentrations Pending 21-Dec-2022
US-20240156376-A1 Applicators for glucose monitors, methods for applying glucose monitors, and glucose monitors for use with such applicators Active 16-Nov-2022 A61B5/14532
To view Laxmi Therapeutic Devices’s complete patent history, request access »

Laxmi Therapeutic Devices Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Laxmi Therapeutic Devices Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
U.S. Department of Health and Human Services Government
California NanoSystems Institute Accelerator/Incubator
Pasadena Bio Accelerator/Incubator
To view Laxmi Therapeutic Devices’s complete investors history, request access »

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Laxmi Therapeutic Devices FAQs

  • When was Laxmi Therapeutic Devices founded?

    Laxmi Therapeutic Devices was founded in 2016.

  • Where is Laxmi Therapeutic Devices headquartered?

    Laxmi Therapeutic Devices is headquartered in Goleta, CA.

  • What is the size of Laxmi Therapeutic Devices?

    Laxmi Therapeutic Devices has 28 total employees.

  • What industry is Laxmi Therapeutic Devices in?

    Laxmi Therapeutic Devices’s primary industry is Monitoring Equipment.

  • Is Laxmi Therapeutic Devices a private or public company?

    Laxmi Therapeutic Devices is a Private company.

  • What is Laxmi Therapeutic Devices’s current revenue?

    The current revenue for Laxmi Therapeutic Devices is .

  • How much funding has Laxmi Therapeutic Devices raised over time?

    Laxmi Therapeutic Devices has raised $58.2M.

  • Who are Laxmi Therapeutic Devices’s investors?

    U.S. Department of Health and Human Services, California NanoSystems Institute, and Pasadena Bio have invested in Laxmi Therapeutic Devices.

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