SonarMed Overview
- Year Founded
-
2005
- Status
-
Acquired/Merged
- Employees
-
11
- Latest Deal Type
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M&A
- Investors
-
1
SonarMed General Information
Description
Developer of medical devices designed to monitor endotracheal tube position and function. The company's devices use an adjunctive device that offers direct, precise and real-time monitoring of endotracheal tube position and function, enabling healthcare providers to improve their own safety and quality of care as well as reduce the cost of care.
Contact Information
Website
www.sonarmed.comCorporate Office
- 12220 North Meridian Street
- Suite 150
- Carmel, IN 46032
- United States
Corporate Office
- 12220 North Meridian Street
- Suite 150
- Carmel, IN 46032
- United States
SonarMed Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 31-Dec-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C) | 15-Mar-2019 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 24-Oct-2017 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B) | 01-Apr-2015 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series A1) | 05-May-2014 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 18-Feb-2011 | Completed | Startup | |||
| 2. Grant | 01-Jan-2010 | $1.55M | $3.4M | Completed | Startup | |
| 1. Seed Round | 01-May-2007 | $3.4M | $3.4M | Completed | Startup |
SonarMed Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A1 | 12,884,483 | $0.001000 | $0.02 | $0.24 | $0.24 | 1x | $0.24 | 22.51% |
| Series A | 7,105,475 | $0.001000 | $0.04 | $0.55 | $0.55 | 1x | $0.48 | 14.41% |
SonarMed Comparisons
Industry
Financing
Details
SonarMed Competitors (24)
One of SonarMed’s 24 competitors is Masimo, a Formerly PE-Backed company based in Irvine, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Masimo | Formerly PE-Backed | Irvine, CA | ||||
| Tueo Health | Formerly VC-backed | Redwood City, CA | ||||
| Philips | Corporation | Amsterdam, Netherlands | ||||
| Meditech (Monitoring Equipment) | Corporate Backed or Acquired | Budapest, Hungary | ||||
| Omron Healthcare | Formerly VC-backed | Lake Forest, IL |
SonarMed Patents
SonarMed Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2019028420-A1 | Acoustic guided suction systems, devices, and methods | Inactive | 04-Aug-2017 | ||
| EP-3463061-A1 | Acoustic reflectometry device in catheters | Active | 31-May-2016 | ||
| EP-3463061-A4 | Acoustic reflectometry device in catheters | Active | 31-May-2016 | ||
| EP-3463061-B1 | Acoustic reflectometry device in catheters | Active | 31-May-2016 | ||
| WO-2017210353-A1 | Acoustic reflectometry device in catheters | Inactive | 31-May-2016 | A61J15/0088 |
SonarMed Signals
SonarMed Former Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Affinity Link | Angel Group | Minority | ||
| Baylor Angel Network | Angel Group | Minority | ||
| BioCrossroads | Venture Capital | Minority | ||
| Central Texas Angel Network | Angel Group | Minority | ||
| Denniston Family Office | Family Office | Minority |
SonarMed FAQs
-
When was SonarMed founded?
SonarMed was founded in 2005.
-
Where is SonarMed headquartered?
SonarMed is headquartered in Carmel, IN.
-
What is the size of SonarMed?
SonarMed has 11 total employees.
-
What industry is SonarMed in?
SonarMed’s primary industry is Monitoring Equipment.
-
Is SonarMed a private or public company?
SonarMed is a Private company.
-
What is SonarMed’s current revenue?
The current revenue for SonarMed is .
-
How much funding has SonarMed raised over time?
SonarMed has raised $15.4M.
-
Who are SonarMed’s investors?
Affinity Link, Baylor Angel Network, BioCrossroads, Central Texas Angel Network, and Denniston Family Office are 5 of 16 investors who have invested in SonarMed.
-
Who are SonarMed’s competitors?
Masimo, Tueo Health, Philips, Meditech (Monitoring Equipment), and Omron Healthcare are some of the 24 competitors of SonarMed.
-
When was SonarMed acquired?
SonarMed was acquired on 31-Dec-2020.
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