What is CoolSculpting?
CoolSculpting is a medical technology firm established in 2009, specializing in non-invasive body contouring treatments. The company utilizes controlled cooling technology to target and eliminate unwanted fat cells, offering a distinct alternative to surgical procedures. Its innovative approach has positioned it as a leader in the aesthetic medical device market, catering to a growing demand for effective, non-surgical fat reduction solutions.
How much funding has CoolSculpting raised?
CoolSculpting has raised a total of $136.3M across 3 funding rounds:
Series B
$20.3M
Series D
$25M
Stock Offering
$91M
Series B (2009): $20.3M with participation from Advanced Technology Ventures and Frazier Healthcare Ventures
Series D (2010): $25M led by Advanced Technology Ventures, Frazier Healthcare Ventures, and Venrock
Stock Issuance/Offering (2011): $91M, investors not publicly disclosed
Key Investors in CoolSculpting
Advanced Technology Ventures
Advanced Technology Ventures (ATV) is a bi-coastal venture capital firm with extensive experience in building emerging-growth business ventures into market leaders across various technology markets, including healthcare.
Frazier Healthcare Ventures
Frazier Healthcare Ventures is a venture capital firm that invests in healthcare companies, focusing on developing and commercializing new treatments and technologies within the medical sector.
Venrock
Venrock is a historic venture capital firm known for partnering with founders to build innovative, high-growth companies, with a deep expertise in technology and healthcare ventures.
What's next for CoolSculpting?
The recent major strategic investment signals a new phase of expansion and innovation for CoolSculpting. This capital infusion is expected to accelerate product development, enhance market penetration, and potentially explore new therapeutic applications for its cooling technology. The company's trajectory suggests a focus on solidifying its market leadership and further differentiating its offerings in the competitive landscape of aesthetic medicine.
See full CoolSculpting company page
