ColoWrap Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 15

Employees

  • Latest Deal Type
  • Grant

  • Latest Deal Amount
  • $255K

  • Investors
  • 3

ColoWrap General Information

Description

Manufacturer of an endoscopic device designed to minimize manual pressure and patient repositioning during colonoscopy. The company's device is made of latex-free material used in high-performance wetsuits to deliver sustained, adjustable pressure to splint the patient's sigmoid and transverse colon, enabling medical practitioners to perform colonoscopy with patient comfort and minimal invasion.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 3333 Durham-Chapel Hill Boulevard
  • Suite A200
  • Durham, NC 27707
  • United States
+1 (888)
Primary Industry
Surgical Devices
Other Industries
Medical Supplies
Vertical(s)
HealthTech, Oncology
Corporate Office
  • 3333 Durham-Chapel Hill Boulevard
  • Suite A200
  • Durham, NC 27707
  • United States
+1 (888)

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ColoWrap Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Grant 14-Sep-2021 $255K Completed Generating Revenue
3. Later Stage VC 01-May-2019 Completed Generating Revenue
2. Later Stage VC (Series A) 01-Apr-2017 $925K $1.15M Completed Generating Revenue
1. Seed Round 16-Aug-2013 $220K $220K Completed Generating Revenue
To view ColoWrap’s complete valuation and funding history, request access »

ColoWrap Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of an endoscopic device designed to minimize manual pressure and patient repositioning during colonoscopy.
Surgical Devices
Durham, NC
15 As of 2024

Gothenburg, Sweden
 

Caledonia, MI
 
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ColoWrap Competitors (7)

One of ColoWrap’s 7 competitors is Mölnlycke Health Care, a Private Equity-Backed company based in Gothenburg, Sweden.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Mölnlycke Health Care Private Equity-Backed Gothenburg, Sweden
Aspen Surgical Private Equity-Backed Caledonia, MI
Spine Wave Venture Capital-Backed Shelton, CT
DePuy Spine Corporation Raynham, MA
Articulate Labs Venture Capital-Backed Dallas, TX
You’re viewing 5 of 7 competitors. Get the full list »

ColoWrap Patents

ColoWrap Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230200628-A1 Extendable endoscopy band with visual indicator Pending 24-Dec-2021
EP-4460224-A1 Extendable endoscopy band with visual indicator Pending 24-Dec-2021
AU-2022419472-A1 Extendable endoscopy band with visual indicator Pending 24-Dec-2021
US-20230049891-A1 Compression with an endoscopy band in endoscopy procedures including enteroscopy Pending 19-Feb-2020
EP-4106685-A1 Endoscopy band with visual indicator to assist placement Pending 19-Feb-2020 A61B1/00131
To view ColoWrap’s complete patent history, request access »

ColoWrap Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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ColoWrap Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
National Science Foundation Government
Fox Ventures Corporate Venture Capital Minority
Phillip Blizzard Angel (individual) Minority
To view ColoWrap’s complete investors history, request access »

ColoWrap FAQs

  • When was ColoWrap founded?

    ColoWrap was founded in 2011.

  • Where is ColoWrap headquartered?

    ColoWrap is headquartered in Durham, NC.

  • What is the size of ColoWrap?

    ColoWrap has 15 total employees.

  • What industry is ColoWrap in?

    ColoWrap’s primary industry is Surgical Devices.

  • Is ColoWrap a private or public company?

    ColoWrap is a Private company.

  • What is ColoWrap’s current revenue?

    The current revenue for ColoWrap is .

  • How much funding has ColoWrap raised over time?

    ColoWrap has raised $1.15M.

  • Who are ColoWrap’s investors?

    National Science Foundation, Fox Ventures, and Phillip Blizzard have invested in ColoWrap.

  • Who are ColoWrap’s competitors?

    Mölnlycke Health Care, Aspen Surgical, Spine Wave, DePuy Spine, and Articulate Labs are some of the 7 competitors of ColoWrap.

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