Last deal

$6M

Amount

Venture - Series Unknown

Stage

25.07.2018

Date

3

all rounds

$21.58M

Total amount

date founded

Financing round

General

About Company
Essential Medical, Inc. develops femoral artery closure devices for large bore punctures following vascular access medical procedures.

Industry

Sector :

Subsector :

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The devices are designed to seal punctures of 10-25F after procedures such as TAVR, AAA/PVAR, and BAV, meeting the need for fast closure without complications in the fast-growing interventional cardiology segment. Essential Medical is a privately held medical device company founded in 2010 by Greg Walters and Dr. Gary Roubin, aiming to develop and commercialize new vascular closure devices.
Contacts
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M&A Details
1

Transaction name

Acquired by

Teleflex

announced date

04.10.2018

Financials

Funding Rounds
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3

Number of Funding Rounds

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Money Raised

Their latest funding was raised on 25.07.2018. Their latest round Venture - Series Unknown

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Series B
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People

Founders
2
Greg Walters
Greg Walters

Greg Walters

Greg Walters is President/CEO/Co-Founder and has 23 years of technical leadership experience within the medical device industry, the last five with Essential Medical. In his prior role as VP of Product Development at Kensey Nash Corporation, he developed embolic protection devices, thrombectomy catheters and other specialty lesion crossing systems, and led the initial development and commercialization efforts of Angio-Seal. In addition to his responsibilities in Product Development, he was heavily involved in Business Development activities and patent analysis. Prior to Kensey Nash Mr. Walters was employed by General Electric in various engineering roles. He is a graduate of GE’s corporate engineering program, has a BS in Physics from the Millersville University of Pennsylvania, and a Masters of Management from the Pennsylvania State University. Greg is a listed inventor on 17 US and EU patents in medical devices with numerous patents pending.

organization founded

1

Greg Walters

Gary Roubin
Gary Roubin

Gary Roubin

Gary Roubin MD, PhD. FSCAI, FACC is CMO/Co-founder and a world-renowned interventional cardiologist. Dr. Roubin assists the company with device development, clinical evaluation, and corporate strategy. He has a rich history and experience in interventional cardiology and entrepreneurial companies including Cook, MedNova, and The Medicines Company, Dr. Roubin is perhaps best known for implanting the first US stent and his pioneering work in carotid artery stenting. He is experienced with nearly every interventional product, routinely uses vascular closure devices, and brings a wealth of knowledge to company activities. Dr. Roubin is the author of 520 papers, abstracts, book chapters, and books related to interventional cardiology.

current job

Essential Medical
Essential Medical

organization founded

1

Gary Roubin

Employee Profiles
3
Gary Roubin

Gary Roubin

CMO & Co-founder

Activity

Recent News
0