How Much Did Corinth MedTech Raise?
Funding & Key Investors

Corinth MedTech has successfully navigated a complex capital lifecycle, culminating in a total valuation footprint of $17.2M. The firm recently secured a major strategic investment of $236K, marking a pivotal moment in its operational expansion. This latest infusion of capital underscores the company's resilience and its ability to attract significant institutional backing despite shifting market conditions in the broader healthcare technology sector.

The funding trajectory, which began with a Series D round in 2019, has evolved through various debt instruments, reflecting a sophisticated approach to balance sheet management. By securing these funds, Corinth MedTech has effectively fortified its liquidity position, ensuring that it remains well-positioned to execute its long-term strategic objectives while maintaining a competitive edge in the high-stakes medical technology landscape.

What is Corinth MedTech?

Corinth MedTech
HospitalityGambling & GamingMultimedia, Games & Graphics Software

Corinth MedTech operates as a specialized entity within the medical technology sector, focusing on the development and deployment of advanced healthcare solutions. The company occupies a critical niche, bridging the gap between clinical innovation and enterprise-level scalability. By leveraging its robust financial foundation, the organization is able to invest heavily in research and development, ensuring that its product suite remains at the forefront of industry standards. Its market position is characterized by a commitment to high-growth potential, supported by a history of successful capital raises that have enabled the firm to scale its operations and expand its footprint in the global healthcare market.

How much funding has Corinth MedTech raised?

Corinth MedTech has raised a total of $17.2M across 3 funding rounds:

2019

Series D

$12M

2020

Debt

$5M

2021

Debt

$236K

Series D (2019): $12M with participation from ShangBay Capital LLC and Aethan Capital, Inc.

Debt (2020): $5M led by Horizon Technology Finance

Debt (2021): $236K supported by PPP

Key Investors in Corinth MedTech

Horizon Technology Finance

Horizon Technology Finance is a specialty finance company that provides structured debt financing solutions to development-stage companies, focusing on venture lending for businesses backed by venture capital and private equity.

ShangBay Capital LLC

ShangBay Capital LLC is an investment firm that focuses on providing growth capital to innovative companies, often participating in late-stage funding rounds to support scaling efforts.

Aethan Capital, Inc.

Aethan Capital, Inc. is a financial services firm that provides strategic advisory and capital raising services to emerging growth companies across various technology and healthcare sectors.

What's next for Corinth MedTech?

Looking ahead, the strategic deployment of the $236K will likely focus on accelerating product commercialization and enhancing operational efficiencies. With a history of securing both equity and debt financing, Corinth MedTech is well-equipped to navigate the complexities of the current economic environment. The company is expected to prioritize the integration of its core technologies into broader healthcare ecosystems, potentially exploring strategic partnerships or further market penetration. As the firm moves into its next phase of growth, the focus will remain on delivering sustainable value to stakeholders while maintaining the rigorous standards required in the medical technology field. The combination of institutional support and a clear roadmap for innovation positions the company to capitalize on emerging opportunities in the digital health and medical device sectors.

See full Corinth MedTech company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Hospitality industry

HospitalityRestaurant Reservations
HospitalityRestaurant Reservations
HospitalityPerforming Arts TheatersCultural & Informational Centers
Amusement Parks, Arcades & AttractionsHospitalityRestaurant Reservations

Frequently Asked Questions Regarding Corinth MedTech Financial Insights

What are the most recent funding rounds that Corinth MedTech has completed, and what were the funding rounds?
Corinth MedTech has recently completed 3 funding rounds: Debt on Mar 31, 2021, Debt on Dec 30, 2020, Series D on Oct 17, 2019.
What is the total amount of funding Corinth MedTech has raised to date?
Corinth MedTech has raised a total of $17.2M in funding to date.
How many funding rounds has Corinth MedTech completed?
Corinth MedTech has completed 3 funding rounds.
How much funding did Corinth MedTech raise in its most recent funding round?
Corinth MedTech raised $236K in its most recent funding round.
Who are the lead investors in Corinth MedTech's latest funding round?
The lead investor in Corinth MedTech's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Corinth MedTech's history?
The largest funding round in Corinth MedTech's history was $12M.
See more information about Corinth MedTech