SafeStitch Medical

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

SafeStitch Medical - overview

Established

2006

Location

Miami, FL, US

Primary Industry

Medical Devices & Equipment

About

SafeStitch Medical develops innovative solutions for minimally invasive surgical procedures, focusing on enhancing patient outcomes and operational efficiencies in medical settings. Founded in 2006, SafeStitch Medical is based in Miami, US. The company specializes in creating advanced technologies for surgical applications, improving procedures with a focus on minimally invasive techniques. The founder has a history of innovation in the medical device industry, although specific prior ventures are not documented.


The company has successfully raised funds through various rounds to advance its technological offerings. SafeStitch Medical specializes in providing a range of medical devices designed to facilitate minimally invasive surgery. Its core offerings include proprietary surgical instruments and technologies that enhance procedural efficiency and patient safety. The company aims to address challenges in surgical environments, particularly in terms of reducing recovery times and improving surgical outcomes.


SafeStitch Medical's products serve a diverse clientele, including hospitals and surgical centers across North America and Europe. SafeStitch Medical's revenue model is primarily based on sales of its surgical devices and instruments, supported by recurring contracts with healthcare providers. The pricing structure varies based on product specifications and service agreements, allowing for flexibility in billing arrangements. Revenue generated from these sales is directed towards continuous research and development, as well as enhancing product offerings.


SafeStitch Medical plans to launch several new products focused on advancing minimally invasive surgical techniques in the upcoming year. The company is targeting expansion into European markets by 2025, leveraging recent funding to support this growth and to enhance its research initiatives for next-generation surgical technologies. The funding received will be utilized to scale manufacturing capabilities and to further develop its product lines, ensuring alignment with market demands.


Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Devices & Equipment

Website

www.safestitch.com

Total Amount Raised

Subscriber access only

SafeStitch Medical - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.