Smart Medical Systems

About:

Smart Medical Systems is a healthcare technology company that offers medical instruments in the field of gastroenterology and GI endoscopy.

Website: http://www.smartmedsys.com/

Top Investors: Domain Associates, Signet Healthcare Partners

Description:

SMART Medical Systems Ltd, provides enabling medical devices that revolutionize the concept and practice of gastrointestinal (GI) endoscopy. The company focuses on innovative devices with the vision of providing widespread, cost-effective solutions, enabling superior endoscopy for the benefit of both doctors and patients. SMART is lead by a highly dedicated team of professionals and has established close relations with outsource manufacturing facilitiies for the production of its products. SMART is backed by high level private investors. SMART’s proprietary balloon technology is implemented in its various products. SMART’s flagship product – the G-EYE™ endoscope is a unique and innovative device enabling the increasing of polyp detection rate in the day to day colonoscopy in a simple and intuitive manner. By implementing its balloon technology into the G-EYE™ system, the endoscope enables Controlled Withdrawal™ of the endoscope during colonoscopy, thus improving visibility of the colon and making therapy and intervention much easier and faster. The G-EYE™ together with SMART’s single balloon disposables can also act as an optimized two-balloon system for deep small bowel enteroscopy and double balloon colonoscopy. SMART is ISO 13485:2003 certified by the European regulatory authorities, and maintains a comprehensive quality assurance approach to ensure the quality of its products

Total Funding Amount:

$14.5M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Ra'anana, HaMerkaz, Israel

Founded Date:

2005-01-01

Founders:

Gadi Terliuc

Number of Employees:

11-50

Last Funding Date:

2018-02-14

IPO Status:

Private

Industries:

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