Portal Instruments Overview
- Year Founded
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2012
- Status
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Private
- Employees
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23
- Latest Deal Type
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Accelerator/Inc
- Investors
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8
Portal Instruments General Information
Description
Developer of an electro-mechanical drug delivery platform intended to enable needle-free and needle-based administration of injectable biologics. The company uses needle-free injection technology, reusable autoinjectors, injection cartridges, power delivery systems, and therapy administration tools, enabling biopharma partners to access scalable biologic delivery and patient-centric self-injection.
Contact Information
Website
www.portalinstruments.comCorporate Office
- 190 5th Street
- Cambridge, MA 02141
- United States
Corporate Office
- 190 5th Street
- Cambridge, MA 02141
- United States
Portal Instruments Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Accelerator/Incubator | 27-May-2026 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C) | 11-Mar-2022 | Completed | Generating Revenue | |||
| 7. Debt - PPP | 28-Apr-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B3) | 10-Oct-2017 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B2) | 25-Jan-2017 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 07-Oct-2015 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 06-Oct-2014 | Completed | Generating Revenue | |||
| 2. Seed Round | 15-Feb-2013 | $2.37K | $2.37K | Completed | Generating Revenue | |
| 1. University Spin-Out | 01-Jan-2012 | Completed | Generating Revenue |
Portal Instruments Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B3 | ||||||||
| Series B2 | ||||||||
| Series B1 | ||||||||
| Series A2 | ||||||||
| Series A1 | 5,637,279 | $0.001000 | 8% | $1.01 | $1.01 | 1x | $1.01 | 7.32% |
| Series Sci | 236,686 | $0.001000 | 2.5% |
VC Exit Predictor
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Portal Instruments Comparisons
Industry
Financing
Details
Portal Instruments Competitors (12)
One of Portal Instruments’s 12 competitors is Nemera, a Private Equity-Backed company based in Lyon, France.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nemera | Private Equity-Backed | Lyon, France | ||||
| Enable Injections | Venture Capital-Backed | Cincinnati, OH | ||||
| SHL Medical | Private Equity-Backed | Zug, Switzerland | ||||
| Corium International | Private Equity-Backed | Cambridge, MA | ||||
| NanoPass Technologies | Venture Capital-Backed | Nes Ziona, Israel |
Portal Instruments Patents
Portal Instruments Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11786666-B2 | Shuttle nib for control of stopper during injection | Active | 19-Aug-2020 | ||
| US-20220054760-A1 | Shuttle nib for control of stopper during injection | Active | 19-Aug-2020 | ||
| US-20240075213-A1 | Shuttle nib for control of stopper during injection | Pending | 19-Aug-2020 | ||
| WO-2022039926-A1 | Shuttle nib for control stopper during injection | Inactive | 19-Aug-2020 | ||
| US-11715391-B2 | Injection cartridge detection | Active | 08-Apr-2020 | G09B23/285 |
Portal Instruments Signals
Portal Instruments Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| MedTech Innovator | Accelerator/Incubator | |||
| Gerresheimer | Corporation | Minority | ||
| Takeda Ventures | Corporate Venture Capital | Minority | ||
| 3M | Corporation | Minority | ||
| 5AM Ventures | Venture Capital | Minority |
Portal Instruments FAQs
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When was Portal Instruments founded?
Portal Instruments was founded in 2012.
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Where is Portal Instruments headquartered?
Portal Instruments is headquartered in Cambridge, MA.
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What is the size of Portal Instruments?
Portal Instruments has 23 total employees.
-
What industry is Portal Instruments in?
Portal Instruments’s primary industry is Drug Delivery.
-
Is Portal Instruments a private or public company?
Portal Instruments is a Private company.
-
What is Portal Instruments’s current revenue?
The current revenue for Portal Instruments is .
-
How much funding has Portal Instruments raised over time?
Portal Instruments has raised $99M.
-
Who are Portal Instruments’s investors?
MedTech Innovator, Gerresheimer, Takeda Ventures, 3M, and 5AM Ventures are 5 of 8 investors who have invested in Portal Instruments.
-
Who are Portal Instruments’s competitors?
Nemera, Enable Injections, SHL Medical, Corium International, and NanoPass Technologies are some of the 12 competitors of Portal Instruments.
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