Solace Therapeutics Overview
- Year Founded
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1996
- Status
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Out of Business
- Employees
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10
- Latest Deal Type
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Out of Business
Solace Therapeutics General Information
Description
Developer of non-surgical devices designed to treat common bladder disorders. The company's devices are small and lightweight and float within the urinary bladder to treat complications such as stress urinary incontinence (SUI), overactive bladder (OAB), male voiding dysfunction and lower urinary tract symptoms (LUTS), enabling patients to have a non-surgical alternative to involuntary urinary leakage.
Contact Information
Website
www.solacetx.comCorporate Office
- 135 Newbury Street
- Framingham, MA 01701
- United States
Corporate Office
- 135 Newbury Street
- Framingham, MA 01701
- United States
Solace Therapeutics Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Out of Business | Completed | Generating Revenue | ||||
| 8. Secondary Transaction - Private | 01-Mar-2021 | Completed | Generating Revenue | |||
| 7. Debt - PPP | 13-Apr-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series 2) | 12-Feb-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series 1) | 11-Feb-2019 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 06-Sep-2016 | Completed | Clinical Trials - Phase 4 | |||
| 3. Later Stage VC (Series B) | 31-Dec-2013 | Completed | Clinical Trials - Phase 4 | |||
| 2. Later Stage VC | 28-Mar-2012 | $7M | $10M | Completed | Generating Revenue | |
| 1. Later Stage VC (Series B2) | 13-Jul-2006 | $3M | $3M | Completed | Startup |
Solace Therapeutics Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series 2-A | ||||||||
| Series 2 | ||||||||
| Series 1 | 19,277,780 | $0.001000 | 8% | $0.1 | $0.1 | 1x | $0.1 | 15.12% |
Solace Therapeutics Comparisons
Industry
Financing
Details
Solace Therapeutics Competitors (5)
One of Solace Therapeutics’s 5 competitors is Uromedica, a Formerly VC-backed company based in Plymouth, MN.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Uromedica | Formerly VC-backed | Plymouth, MN | ||||
| Lumicell | Venture Capital-Backed | Newton, MA | ||||
| Inari Medical | Formerly VC-backed | Irvine, CA | ||||
| Viveve Medical | Formerly VC-backed | Englewood, CO | ||||
| Kimberly-Clark | Corporation | Dallas, TX |
Solace Therapeutics Patents
Solace Therapeutics Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3920771-A1 | Pressure attenuation device | Inactive | 07-Feb-2019 | ||
| EP-3920771-A4 | Pressure attenuation device | Inactive | 07-Feb-2019 | ||
| US-11197981-B2 | Pressure attenuation device | Inactive | 07-Feb-2019 | ||
| US-20200254226-A1 | Pressure attenuation device | Inactive | 07-Feb-2019 | ||
| US-20200324091-A1 | Pressure attenuation device | Active | 07-Feb-2019 | A61M25/10 |
Solace Therapeutics Signals
Solace Therapeutics FAQs
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When was Solace Therapeutics founded?
Solace Therapeutics was founded in 1996.
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Where is Solace Therapeutics headquartered?
Solace Therapeutics is headquartered in Framingham, MA.
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What is the size of Solace Therapeutics?
Solace Therapeutics has 10 total employees.
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What industry is Solace Therapeutics in?
Solace Therapeutics’s primary industry is Therapeutic Devices.
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Is Solace Therapeutics a private or public company?
Solace Therapeutics is a Private company.
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What is Solace Therapeutics’s current revenue?
The current revenue for Solace Therapeutics is .
-
How much funding has Solace Therapeutics raised over time?
Solace Therapeutics has raised $61.4M.
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Who are Solace Therapeutics’s competitors?
Uromedica, Lumicell, Inari Medical, Viveve Medical, and Kimberly-Clark are competitors of Solace Therapeutics.
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