When was GI Dynamics founded?

GI Dynamics was founded in 2003 and raised its 1st funding round within a year of its incorporation.

Where is GI Dynamics located?

GI Dynamics is headquartered in Lexington, United States. It is registered at Boston, Massachusetts.

How many employees does GI Dynamics have?

As of Mar 31, 2026, the latest employee count at GI Dynamics is 56.

Is GI Dynamics a funded company?

GI Dynamics is a funded company, having raised a total of $76.1M across 13 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 23, 2003.

When was the latest funding round of GI Dynamics?

GI Dynamics' latest funding was a $***** Post IPO round on Nov 16, 2018, with participation from 0 investor.

Where does GI Dynamics rank among its competitors?

GI Dynamics ranks 3rd amongst 8 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Fractyl, which secured $100M in Jun, 2021.

Who are the top competitors of GI Dynamics?

GI Dynamics' top competitors include Fractyl, Morphic Medical and Keyron. Among them, Fractyl secured the most recent funding round in June, 2021.

GI Dynamics - 2026 Company Profile, Team, Funding & Competitors

GI Dynamics is a public company based in Lexington (United States), founded in 2003 by Andy Levine. It operates as a Developer of endoscopically bile diversion barrier device. GI Dynamics has raised $76.1M in funding from Medtronic. The company has 8 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Fractyl, Morphic Medical and Keyron.

Company Details

GI Dynamics develops therapies for the treatment of type 2 diabetes and related metabolic diseases. Its product EndoBarrier is a thin, flexible tube-shaped liner that is endoscopically implanted to create a physical barrier between food and a part of the intestinal wall. The liner prevents the interaction of food with enzymes and hormones in the proximal intestine to bypasses the duodenum without the surgical procedure. The company claims that EndoBarrier Therapy works by affecting key hormones involved in insulin sensitivity, glucose metabolism, satiety, and food intake.

Website: gidynamics.com
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2003

Location

Lexington, United States

Stage

Public

Total Funding

$76.1M in 13 rounds

Latest Funding Round

Post IPO, Nov 16, 2018, $*****

Investors

Medtronic & 11 more

Ranked

3^rd among 8 active competitors

Employee Count

56 as on Mar 31, 2026

Similar Companies

Fractyl & 8 more

Exit Details

Public

View GI Dynamics' full profile

GI Dynamics is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
GI DYNAMICS, INC. CIN: 841621425 , United States, Active	Dec 26, 999	-	7 (As on Dec 31, 2024)	-

GI Dynamics got listed on Jul 09, 2011.

Click here to take a look at GI Dynamics's IPO in detail

GI Dynamics has raised a total funding of $76.1M over 13 rounds. Its first funding round was on Jun 23, 2003. GI Dynamics has 12 institutional investors.

Here is the list of recent funding rounds of GI Dynamics:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 16, 2018	5868620	Post IPO	7393886	3681288	3267817	8129902
Sep 20, 2018	3104902	Post IPO	4889107	7910887	8433690	5063033
Feb 06, 2018	1898885	Post IPO	6838457	7367272	2362792	1308937

Access funding benchmarks and valuations. Sign up today!

View details of GI Dynamics's funding rounds and investors

The founders of GI Dynamics is Andy Levine.

Here are the details of GI Dynamics' key team members:

Andy Levine: Former Founder of GI Dynamics and founder of 2 other companies, Conformal Medical and Seedling Enterprises.
Contact Info: 2 email addresses

View details of GI Dynamics's Founder profiles and Board Members

GI Dynamics' employee count trend

GI Dynamics has 56 employees as of Mar 26. Here is GI Dynamics's employee count trend over the years:

Uncover GI Dynamics' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of GI Dynamics include Fractyl, Morphic Medical and Keyron. Here is the list of Top 10 competitors of GI Dynamics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fractyl 2010, Lexington (United States), Public	Provider of Endoscopic procedure for type - 2 diabetes	$345M	Mithril, Maverick Ventures & 17 others	55/100
2nd	Morphic Medical 2003, Boston (United States), Unfunded	Developer of medical devices for the treatment of type 2 diabetes and obesity	-	-	45/100
3rd	GI Dynamics 2003, Lexington (United States), Public	Developer of endoscopically bile diversion barrier device	$76.1M	Domain Associates, Medtronic & 10 others	42/100
4th	Keyron 2006, London (United Kingdom), Funding Raised	Developer of therapeutics and diagnostic device for the diabetes	-	LIFTT, Riceberg Ventures	42/100
5th	EndObetes 2015, New York City (United States), Seed	Developer of surgical access tool	-	MedTech Innovator, Biotechnology Innovation Organization ... & 1 others	37/100
6th	Allevetix 2014, Caesarea (Israel), Funding Raised	Developer of device for controlling hormonal balance	-	EIC Fund, MIW VENTURES & 1 others	31/100
7th	MetaModix 2009, Plymouth (United States), Series A	Innovating metabolic disease treatments for Type 2 Diabetes, Obesity, and NASH	$5.21M	Veromint	31/100
8th	Digma Medical 2013, Petah Tikva (Israel), Funding Raised	Non-invasive medical device for diabetes	-	Accelmed, Arkin Holdings & 4 others	26/100
9th	Endobetix 2012, Misgav (Israel), Deadpooled	Endoscopically introduced bile diversion device	$2.5M	The Trendlines Group	19/100
10th	EasyNotes Medical 2011, Ramla (Israel), Deadpooled	Developer of endoscopic procedure for the treatment of type 2 diabetes	-	Mivtach Shamir Holdings	14/100