Solsys Medical Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 80

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $97M

  • Investors
  • 1

Solsys Medical General Information

Description

Developer of wound care product intended to create a better world for people with chronic wounds. The company's wound care product, TheraSkin is a biologic and synthetic dressing, enabling healthcare professionals to treat chronic wounds where co-morbidities, age, diabetes and other factors are driving the need for clinically and cost effective wound healing.

Contact Information

Website
www.solsysmedical.com
Formerly Known As
Soluble Systems
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 11830 Canon Boulevard
  • Suite A
  • Newport News, VA 23606
  • United States
+1 (757)
Primary Industry
Therapeutic Devices
Other Industries
Medical Supplies
Acquirer
Misonix
Vertical(s)
Life Sciences
Corporate Office
  • 11830 Canon Boulevard
  • Suite A
  • Newport News, VA 23606
  • United States
+1 (757)

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Solsys Medical Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 27-Sep-2019 $97M Completed Generating Revenue
7. Later Stage VC (Series E) 15-Jun-2018 Completed Generating Revenue
6. Later Stage VC 01-Jan-2018 Completed Generating Revenue
5. Grant 31-Dec-2016 Completed Generating Revenue
4. Merger/Acquisition 05-Oct-2016 Cancelled Generating Revenue
3. Debt - General 05-Jun-2015 Completed Generating Revenue
2. Later Stage VC 24-Jul-2013 $10.6M $16.5M Completed Generating Revenue
1. Angel (individual) 01-Jan-2008 $5.9M $5.9M Completed Generating Revenue
To view Solsys Medical’s complete valuation and funding history, request access »

Solsys Medical Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of wound care product intended to create a better world for people with chronic wounds. The company's wound ca
Therapeutic Devices
Newport News, VA
80 As of 2019

Gothenburg, Sweden
 

Shelton, CT
 
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Solsys Medical Competitors (6)

One of Solsys Medical’s 6 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
Spine Wave Venture Capital-Backed Shelton, CT
Reapplix Venture Capital-Backed Birkerod, Denmark
Wright Medical Group Formerly PE-Backed Middlesex, United Kingdom
Podimetrics Venture Capital-Backed Somerville, MA
To view Solsys Medical’s complete competitors history, request access »

Solsys Medical Patents

  • 9

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Solsys Medical Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2001261540-B2 Composition and applicator for topical substance delivery Inactive 30-May-2000
EP-1299157-A1 Composition and applicator for topical substance delivery Inactive 30-May-2000
AU-6154001-A Composition and applicator for topical substance delivery Pending 30-May-2000
US-20070237825-A1 Reusable, nonbioadhesive, microporous hydrogel for hydrating and dehydrating dermatological surfaces prepared from hydroxyalkyl (meth)acrylate, a crosslinking agent, water, aliphatic alcohol (isopropanol), and a fibrous filler Inactive 30-May-2000
CA-2410706-C Composition and applicator for topical substance delivery Inactive 30-May-2000 A61L26/0014
To view Solsys Medical’s complete patent history, request access »

Solsys Medical Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Solsys Medical Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
1315 Capital Growth/Expansion
Canaccord Genuity Investment Bank Minority
Envest Private Equity Venture Capital Minority
SV Health Investors Venture Capital Minority
To view Solsys Medical’s complete investors history, request access »

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Solsys Medical FAQs

  • When was Solsys Medical founded?

    Solsys Medical was founded in 1999.

  • Where is Solsys Medical headquartered?

    Solsys Medical is headquartered in Newport News, VA.

  • What is the size of Solsys Medical?

    Solsys Medical has 80 total employees.

  • What industry is Solsys Medical in?

    Solsys Medical’s primary industry is Therapeutic Devices.

  • Is Solsys Medical a private or public company?

    Solsys Medical is a Private company.

  • What is the current valuation of Solsys Medical?

    The current valuation of Solsys Medical is .

  • What is Solsys Medical’s current revenue?

    The current revenue for Solsys Medical is .

  • How much funding has Solsys Medical raised over time?

    Solsys Medical has raised $72.5M.

  • Who are Solsys Medical’s investors?

    1315 Capital, Canaccord Genuity, Envest Private Equity, and SV Health Investors have invested in Solsys Medical.

  • Who are Solsys Medical’s competitors?

    Mölnlycke Health Care, Spine Wave, Reapplix, Wright Medical Group, and Podimetrics are some of the 6 competitors of Solsys Medical.

  • When was Solsys Medical acquired?

    Solsys Medical was acquired on 27-Sep-2019.

  • Who acquired Solsys Medical?

    Solsys Medical was acquired by Misonix.

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