Last deal

$3.65M

Amount

Debt Financing

Stage

19.02.2020

Date

3

all rounds

$31.38M

Total amount

date founded

Financing round

General

About Company
Interrad Medical develops innovative medical devices for minimally invasive interventional and surgical procedures.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2000

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Founded by a practicing interventional radiologist, Interrad Medical aims to bring innovative medical devices to the market to solve unmet medical needs in minimally invasive interventional and surgical procedures. With a successful track record of bringing devices through development to commercialization, the company has a robust product portfolio targeting minimally invasive vascular and surgical procedures. Their flagship product, the SecurAcath Subcutaneous Engineered Stabilization Device, secures catheters without the need for adhesives or sutures, reducing catheter dislodgement, line migration, and pistoning. The device also eliminates the need for suture needle stick risk, improves catheter site cleaning, and reduces catheter complications, improving vessel health and preservation, and lowering the total cost of patient care.
Contacts

Phone number

Social url

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Financials

Funding Rounds
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3

Number of Funding Rounds

$31.38M

Money Raised

Their latest funding was raised on 19.02.2020. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
19.02.2020
$3.65M
22.02.2019
$125K
30.10.2017
$5.08M
Co-Investors
Investors
3
1

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
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People

Founders
1

Michael Rosenberg

Currently in private practice as an Interventional Radiologist in St. Paul, Minnesota, Dr. Rosenberg is also a Clinical Assistant Professor of Radiology, Department of Radiology, Division of Cardiovascular and Interventional Radiology, at the University of Minnesota Hospital and Clinics and has served as a consultant to several major medical device companies. Dr. Rosenberg is first author on the patent of two Interrad Medical devices and co-author on a third.

current job

Interrad Medical
Interrad Medical

organization founded

1

Michael Rosenberg

Employee Profiles
3

Joe Goldberger

President and CEO

Michael Rosenberg

Chief Medical Officer, Founder

Tim Byland

Tim Byland

Research & Development and Manufacturing

Activity

Recent News
0