Overview

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Total Equity Funding
$3.11M in 8 Rounds
Most Recent Funding
$544.28k Venture on September 24, 2015
Headquarters:
Redondo Beach, CA
Description:
Proa Medical is focused on the high-throughput development and commercialization of innovative medical devices.
Founders:
Categories:
Biotechnology
Website:
http://proamedical.com
Social:

Company Details

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Proa Medical, Inc. focuses on efficient, high-throughput development and commercialization of innovative medical devices. Developed in partnership with leading physicians, our products are taken from concept through regulatory processes such as FDA and CE Mark to commercial and medical practice.

The healthcare industry is undergoing fundamental changes, and a strong need exists for novel medical devices that are easier to use, more safe, and more efficient. Physicians are often aware of the need to improve their procedures, and often invent novel product concepts in the process. However, the path to take a new medical device to market is fraught with challenges such as intellectual property (IP), regulations, development, manufacturing, distribution, and reimbursement. Moreover, large, established medical device suppliers are often focused on expanding market share with their existing devices. Proa Medical addresses the need for a company that can quickly and cost-effectively navigate all of the challenges to bring physicians’ novel medical devices to market.

Funding Rounds (8) - $3.11M

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DateAmount / RoundValuationLead InvestorInvestors
Sep, 2015$544.28k / Venture0
Aug, 2015$504.87k / Venture0
Jun, 2014$100k / Venture0
Oct, 2013$321k / Venture0
Jul, 2013$281.43k / Venture0
May, 2013$1.09M / Venture0
Dec, 2012$170k / Venture0
Aug, 2010$105k / Seed0

Current Team (1)

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News (9)

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DateNews
Feb 20, 2016Business Wire - Proa Medical, Inc. Receives China and Russia Patent Grants for its First Device for Women’s Health
Mar 1, 2015SEC - SEC FORM D
Mar 1, 2015SEC - SEC FORM D
Jun 26, 2014SEC - SEC
Oct 27, 2013SEC - SEC FORM D/A
Oct 20, 2013SEC - SEC FORM D
Jul 5, 2013SEC - SEC FORM D
Jul 4, 2013SEC - SEC FORM D/A

Offices/Locations (1)

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  • Office

    2512 ARTESIA BLVD

    SUITE 305C

    Redondo Beach, CA 90278

    USA

Images (1)

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