When was Novate Medical founded?

Novate Medical was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Where is Novate Medical located?

Novate Medical is headquartered in New Orleans, United States.

How many employees does Novate Medical have?

As of Jul 01, 2024, the latest employee count at Novate Medical is 1.

Is Novate Medical a funded company?

Novate Medical is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Oct 18, 2012.

When was the latest funding round of Novate Medical?

Novate Medical's latest funding was a $***** Grant (prize money) round on Oct 18, 2012, with participation from 1 investor. Its primary sector is Women Health. In United States, the Women Health sector has seen $151M in funding in 2026 to date.

Where does Novate Medical rank among its competitors?

Novate Medical ranks 8th amongst 31 active competitors, of which 10 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Kove, which secured $1.97M in Aug, 2026.

Who are the top competitors of Novate Medical?

Novate Medical's top competitors include Materna Medical, CooperSurgical and Novocuff. Among them, Kove secured the most recent funding round in August, 2026.

Novate Medical - 2026 Company Profile, Team, Funding & Competitors

Company Details

Novate Medical has developed the InfaClip, a patented, disposable and degradable plastic obstetric device that simultaneously cuts, clamps, and shields the infant, mother, and birthing attendant from infection, aimed at reducing maternal and neonatal mortality in developing countries.

Website: www.novatemedical.com
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Key Metrics

Founded Year

2010

Location

New Orleans, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Oct 18, 2012, $*****

Investors

Omnes Capital & 3 more

Ranked

8^th among 31 active competitors

Employee Count

1 as on Jul 01, 2024

Similar Companies

Materna Medical & 35 more

Exit Details

Acquired by BTG International (Sep 07, 2018)

View Novate Medical's full profile

Novate Medical got acquired by BTG International on Sep 07, 2018 at an acquisition amount of $*****.

Click here to take a look at Novate Medical's acquisition in detail

Novate Medical has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Oct 18, 2012 for $*****. 1 investor participated in its latest round. Novate Medical has 4 institutional investors.

Here is the list of recent funding rounds of Novate Medical:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 18, 2012	2712797	Grant (prize money)	8316682	8615061	7837127	2590798

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View details of Novate Medical's funding rounds and investors

The founders of Novate Medical are Paul Gilson, William Kethman and Chas Taylor.

Here are the details of Novate Medical's key team members:

Paul Gilson: Former Co-Founder of Novate Medical and founder of 1 other company. They serve on the board of 1 company.
William Kethman: Former Co-Founder of Novate Medical and founder of 1 other company.
Chas Taylor: Former Co-Founder of Novate Medical.

View details of Novate Medical's Founder profiles and Board Members

Novate Medical's employee count trend

Novate Medical has 1 employees as of Jul 24. Here is Novate Medical's employee count trend over the years:

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Top competitors of Novate Medical include Materna Medical, CooperSurgical and Novocuff. Here is the list of Top 10 competitors of Novate Medical, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Materna Medical 2010, Mountain View (United States), Series B	Provider of medical devices for women's pelvic health	$62.7M	InnovaHealth Partners, Wavemaker 360 & 17 others	62/100
2nd	CooperSurgical 1990, Trumbull (United States), Unfunded	Provider of devices and surgical instruments for pregnancy	-	-	44/100
3rd	Novocuff 2021, San Luis Obispo (United States), Series A	Developer of medical device to prevent infant mortality caused by preterm birth complications	$28M	Laerdal Million Lives Fund, AXA Investment Managers ... & 6 others	42/100
4th	Clinical Innovations 1993, Murray (United States), Acquired	Medical technology company focused on restoring dignity through innovative diagnostic solutions	-	Curewell Capital, Meadu Capital Partners & 2 others	41/100
5th	NUA Surgical 2018, Galway (Ireland), Series A	Developer of specialised surgical retractor to make C-Sections a safer	$6.86M	EQT, TMC Venture Fund & 4 others	40/100
6th	Kove 2019, Zurich (Switzerland), Seed	Provider of surgical device for fetal treatment by fetoscopic interventions	$1.97M	Venturelab, N & V Capital & 2 others	38/100
7th	PeriPear 2024, Oxford (United Kingdom), Unfunded	Developer of a wearable device designed to reduce perineal tearing	-	-	35/100
8th	Novate Medical 2010, New Orleans (United States), Acquired	Obstetric device to prevent infection	-	Omnes Capital, USAID & 2 others	30/100
9th	Reia 2017, New York City (United States), Funding Raised	Developer of non-surgical device for pelvic prolapse	-	MassChallenge, HHS	30/100
10th	Safe Obstetric Systems 2006, Shenfield (United Kingdom), Acquired	Developer of a device to make the cesarean section safer	-	-	29/100