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Neptune Medical
Health Tech & Medtech · Burlingame, United States · Founded 2016
Developing, manufacturing, and commercializing high-volume, high clinical utility medical devices, initially focused on gastroenterology. Visit the website below for more information MoreLess
Pathfinder is a pioneering medical device company specializing in the development of a novel rigidizing overtube designed to improve the control and stability of endoscopes during gastrointestinal (GI) procedures. The company's primary product, the Pathfinder overtube, addresses the common issue of loop formation in endoscopic procedures, which can complicate and prolong diagnostic and therapeutic interventions. By allowing the overtube to toggle instantly from flexible to rigid, Pathfinder enhances the precision and ease of endoscope navigation, making it particularly valuable in complex cases involving altered anatomy.
Pathfinder serves healthcare providers and medical professionals who perform GI procedures, including luminal therapeutics and Endoscopic Retrograde Cholangiopancreatography (ERCP). The company operates within the medical device market, focusing on innovations that improve procedural outcomes and patient care. Pathfinder's business model revolves around the sale of its overtube devices to hospitals, clinics, and medical centers, generating revenue through direct sales and potential partnerships with medical equipment distributors.
The company's value proposition lies in its ability to simplify traditionally complex GI procedures, reduce procedural time, and enhance the overall effectiveness of endoscopic interventions. By providing a reliable solution to the problem of endoscope looping, Pathfinder aims to improve the efficiency and success rates of GI procedures, ultimately benefiting both healthcare providers and patients.
Keywords: rigidizing overtube, endoscope control, GI procedures, loop prevention, medical device, healthcare innovation, procedural efficiency, luminal therapeutics, ERCP, endoscopic navigation.
Company overview
Neptune Medical company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Burlingame, United States
- Employees
- 169
- Open positions
- 5
- Dealroom signal
- 55.3
- Investment activity
- 1 companies · latest Aug 2024
- Capital deployed
- $0
- Preferred round
- CORPORATE SPINOUT
Valuation & funding
Neptune Medical funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Aug 2024 | $97M | $388M | Sonder Capital · Olympus America | ↗ |
| FundingOther financing | May 2020 | $0 | — | Undisclosed | — |
| FundingOther financing | Jan 2019 | $0 | — | Synergy Ventures | ↗ |
Growth signals
Neptune Medical website traffic
Latest recorded traffic for Neptune Medical is 2.4K monthly website visits, up 71.4% over the last three months. Neptune Medical's team grew 10.5% over the past year.
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Capital deployed
Neptune Medical investments and acquisitions
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Neptune Medical's talent
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Investors
3 investors on Neptune Medical's cap table
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