Platform Innovations Inc.

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Platform Innovations Inc. - overview

Location

Naples, FL, US

Primary Industry

Medical Devices & Equipment

About

Platform Imaging Inc. is a U. S. -based company specializing in medical device technology, particularly focused on enhancing surgical procedures through innovative solutions.


Platform Imaging Inc. develops advanced medical devices designed to improve surgical outcomes. The company was founded by Dennis Fowler and Frank DeBernardis. The headquarters is located in Naples, US.


Dennis Fowler, a co-founder, has a history of entrepreneurship, although specific details regarding previous companies are not available. In February 2018, Platform Imaging raised venture funding from Gore Range Capital, marking a significant investment target for the firm. The company has completed a total of 1 deal as of the most recent deal date. Platform Innovations specializes in medical device technology, with its flagship product being the Adjustable Curve Suction Irrigation Sleeve (ACSIS).


This innovative device enhances surgical procedures by improving access around surgical instruments and patient anatomy, thus enhancing visibility and reducing surgical time. Its soft blunt distal tip minimizes the risk of tissue perforation, and it is designed to fit existing rigid straight-line suction and irrigation shafts. The primary users include surgeons, operating room nurses, and healthcare facilities, with a customer base across North America and select regions in Europe. Platform Innovations generates revenue through direct sales of its medical devices, particularly the ACSIS, to healthcare facilities and surgical centers.


The company operates on a business-to-business (B2B) model, marketing directly to hospitals and surgical teams. While pricing structures for the ACSIS are not disclosed, the company emphasizes cost containment to maintain competitive pricing, fostering long-term partnerships within the medical community. Looking ahead, Platform Imaging plans to expand its product line by designing new surgical devices aimed at improving operational efficiencies. Specific timelines for new product launches have yet to be announced.


Additionally, the company is targeting expansion into new geographic markets, focusing on reaching broader regions in North America and penetrating select European markets by 2025. The recent venture funding obtained in February 2018 will be strategically utilized to support these initiatives, allowing for increased product development and market outreach.


Current Investors

Gore Range Capital

Primary Industry

Medical Devices & Equipment

Sub Industries

Surgical Devices, Diagnostic Equipment

Website

www.platforminnovations.com

Verticals

Artificial Intelligence

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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