USGI Medical Overview
- Year Founded
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2001
- Status
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Private
- Employees
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39
- Latest Deal Type
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Debt - PPP
- Investors
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6
USGI Medical General Information
Description
Developer of a medical technology intended to perform incision-less surgery. The company's technology provides the surgeons with an operating platform and specialized tools using which they can perform surgery through a patient's mouth or other natural orifices, reducing the need for external incisions into the abdomen, enabling patients to return to normal activities and lifestyles faster compared to traditional laparoscopic and open surgery.
Contact Information
Website
www.usgimedical.comCorporate Office
- 1140 Calle Cordillera
- San Clemente, CA 92673
- United States
Corporate Office
- 1140 Calle Cordillera
- San Clemente, CA 92673
- United States
USGI Medical Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Debt - PPP | 10-Apr-2020 | Completed | Generating Revenue | |||
| 10. Later Stage VC | 10-Jun-2019 | Completed | Generating Revenue | |||
| 9. Debt - General | 22-Apr-2016 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series 3) | 26-Jan-2015 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series 2) | Completed | Generating Revenue | ||||
| 6. Debt - General | 22-Jul-2014 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series 1) | 08-May-2012 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series D) | 30-Jun-2008 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 30-Jun-2006 | $21M | $38.3M | Completed | Generating Revenue | |
| 2. Early Stage VC (Series B) | 15-Dec-2003 | $12M | $17.3M | Completed | Generating Revenue |
USGI Medical Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series 3 | ||||||||
| Series 2 | ||||||||
| Series 1 | 13,878,582 | $0.000014 | 8% | $1.26 | $1.26 | 1x | $1.26 | 42.24% |
USGI Medical Comparisons
Industry
Financing
Details
USGI Medical Competitors (1)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| EndoGastric Solutions | Formerly VC-backed | Redmond, WA |
USGI Medical Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
USGI Medical Patents
USGI Medical Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| ES-2910357-T3 | Apparatus for anchoring a gastrointestinal implant | Active | 25-Jul-2018 | ||
| US-20200030129-A1 | Methods and apparatus for anchoring a gastrointestinal implant | Inactive | 25-Jul-2018 | ||
| EP-3598958-A1 | Apparatus for anchoring a gastrointestinal implant | Active | 25-Jul-2018 | ||
| EP-3598958-B1 | Apparatus for anchoring a gastrointestinal implant | Active | 25-Jul-2018 | ||
| US-20140148828-A1 | Apparatus and methods for forming and securing gastrointestinal tissue folds | Inactive | 28-Nov-2012 | A61B17/00234 |
USGI Medical Executive Team (11)
| Name | Title | Board Seat |
|---|---|---|
| John Bartush | Chief Financial Officer & Controller |
USGI Medical Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
USGI Medical Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| East West Banking | Corporation | |||
| GE Capital | Lender/Debt Provider | |||
| TriplePoint Capital | Venture Capital | Minority | ||
| Adams Street Partners | PE/Buyout | Minority | ||
| Alta Partners | Venture Capital | Minority |
USGI Medical FAQs
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When was USGI Medical founded?
USGI Medical was founded in 2001.
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Who is the founder of USGI Medical?
Vahid Saadat and Eugene Chen are the founders of USGI Medical.
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Where is USGI Medical headquartered?
USGI Medical is headquartered in San Clemente, CA.
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What is the size of USGI Medical?
USGI Medical has 39 total employees.
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What industry is USGI Medical in?
USGI Medical’s primary industry is Surgical Devices.
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Is USGI Medical a private or public company?
USGI Medical is a Private company.
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What is USGI Medical’s current revenue?
The current revenue for USGI Medical is .
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How much funding has USGI Medical raised over time?
USGI Medical has raised $114M.
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Who are USGI Medical’s investors?
East West Banking, GE Capital, TriplePoint Capital, Adams Street Partners, and Alta Partners are 5 of 6 investors who have invested in USGI Medical.
-
Who are USGI Medical’s competitors?
EndoGastric Solutions is a competitor of USGI Medical.
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