CoapTech
Manufacturing · Maryland, United States · 11-50 Employees
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Overview
Headquarters
101 W Dickman St, Baltimore, Maryland, 2...Phone Number
(443) 574-6934Website
www.coaptech.comRevenue
$5 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
2
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About CoapTech
CoapTech is a Baltimore-based medical device company commercializing a new platform called the PUMA System, which allows ultrasound to be utilized in hollow organ cavities. The PUMA (Point-of-care Ultrasound Magnet Aligned) System enables several new minimally invasive, bedside medical procedures, substantially reducing costs while improving patient safety and experience. The platform's first product application, PUMA-G for ultrasound gastrostomy in adults, has been cleared for use in the U.S. by the FDA via the 510(k) pathway and has received a CE mark. CoapTech was selected as a Medtech Innovator 2019 Best-in-Class Startup company and was named 2018 Maryland Incubator Company of the Year for Best Medical Device Company.Explore more
CoapTech Org Chart
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Activity Insights
CoapTech is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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CoapTech is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about CoapTech.
CoapTech financials insights
Gather financial insights about CoapTech, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2018
Angel/Seed
$2.4M
2019
Series A
$3.2M
2020
Debt
$150K
Series B
$7M
2021
Debt
$203K
CoapTech Tech Stack
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CoapTech News & Media
Money Moves: Apkudo raised nearly $38M to grow its international presence
Plus, $3 million for CoapTech, $1 million for Astek Diagnostics and Johns Hopkins' new student entrepreneurship award with over $100,000 for winners.Published Study Results Demonstrate Substantial Length of Stay and Hospital Cost Reductions with Use of CoapTech's PUMA-G System™ for Gastrostomy When Compared to Usual Care Methods
Ventilator-dependent patients at UM BWMC whose feeding tubes were placed using the Percutaneous Ultrasound Gastrostomy (PUG) procedure had shorter lengths of stay both in the intensive care unit (ICU) and hospital, by 5 and 8.7 days respectively, compared to usual care. Total hospital...CoapTech prepares clinical trials for its ultrasound-based device
The company's device uses ultrasound for feeding tube placement and hopes to reduce risk of radiation in young patients.
Read more news
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CoapTech is a Baltimore-based medical device company commercializing a new platform called the PUMA System, which allows ultrasound to be utilized in hollow organ cavities. The PUMA (Point-of-care Ultrasound Magnet Aligned) System enables several new minimally invasive, bedside medical procedures, substantially reducing costs while improving patien... Read More
