ReShape - About the company
ReShape is an acquired company based in San Clemente (United States), founded in 2005. It operates as an A dual intra-gastric balloon system for weight loss. ReShape has raised $90.3M in funding from investors like USVP, New Leaf Venture Partners and HealthCor Partners. The company has 19 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like Nitinote Surgical, Apollo Endo and USGI Medical.
Company Details
ReShape Medical has developed the ReShape Dual Balloon, a dual intra-gastric balloon system for weight loss. It is inserted into the stomach through an endoscopic procedure and filled with saline (salt water). The balloons remain in the stomach for six months and help reduce hunger. Insertion of the gastric balloon is completed in about 20 minutes, with no hospital stay required. The company has received FDA approval for its ReShape Integrated Dual Balloon system.
- Website
- reshapeready.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2005
Location
San Clemente, United States
Stage
Acquired
Total Funding
$90.3M in 9 rounds
Latest Funding Round
Ranked
4th among 19 active competitors
Employee Count
2 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by EnteroMedics (Oct 03, 2017)
ReShape's acquisition details
ReShape got acquired by EnteroMedics on Oct 03, 2017 at an acquisition amount of $*****.
Click here to take a look at ReShape's acquisition in detail
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ReShape's funding and investors
ReShape has raised a total funding of $90.3M over 9 rounds. Its first funding round was on Aug 31, 2007. ReShape has 8 institutional investors.
Here is the list of recent funding rounds of ReShape:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 13, 2017 | 8969514 | Conventional Debt | 1240642 | 9232073 | 2633999 | 9730585 |
Aug 26, 2015 | 9367036 | Series D | 4536287 | 4110144 | 1593734 | |
Apr 21, 2015 | 3467625 | Conventional Debt | 3415281 | 1393679 | 3030286 |
View details of ReShape's funding rounds and investors
ReShape's founders and board of directors
Founder? Claim ProfileReShape's employee count trend
ReShape has 2 employees as of Aug 26. Here is ReShape's employee count trend over the years:
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ReShape's Competitors and alternates
Top competitors of ReShape include Nitinote Surgical, Apollo Endo and USGI Medical. Here is the list of Top 10 competitors of ReShape, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nitinote Surgical 2014, Ramat Gan (Israel), Series B | Developing non-surgical bariatric medical device | $26.1M | 60/100 | |
2nd | Apollo Endo 2005, Austin (United States), Acquired | Developer of therapeutic devices for obesity and other GI disorders | $80.4M | 58/100 | |
3rd | USGI Medical 2001, San Clemente (United States), Series E | Incisionless surgical solutions improving patient lives through innovative endoluminal technologies | $45.9M | 43/100 | |
4th | ReShape 2005, San Clemente (United States), Acquired | A dual intra-gastric balloon system for weight loss | $90.3M | 43/100 | |
5th | Barosense 2001, Redwood City (United States), Series D | Restrictive oral and gastric implants to induce Satiety | $45.7M | 40/100 | |
6th | Obalon 2008, Carlsbad (United States), Acqui-Hired | Weight loss solutions: LAP-BAND, ReShape Vest, Obalon balloon system | $63.6M | 38/100 | |
7th | BAROnova 2006, Goleta (United States), Series D | Satiety induction through endoscopically introduced Transpyloric shuttle | $77.8M | 35/100 | |
8th | Vibrynt 2006, Palo Alto (United States), Deadpooled | Vibrynt: Stylish coat hooks and home storage solutions provider | $50.3M | 35/100 | |
9th | Satiety 2000, Palo Alto (United States), Deadpooled | Device for transoral gastroplasty, an endoscopic approach to satiety induction | $63.5M | 34/100 | |
10th | Bfkw 2004, Grand Rapids (United States), Series A | Satiety induction through gastric implant | $12.4M | - | 34/100 |
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ReShape's Investments and acquisitions
ReShape has made no investments or acquisitions yet.
Reports related to ReShape
Here is the latest report on ReShape's sector:
News related to ReShape
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EnteroMedics to Acquire California Weight-Loss Device MakerTcbmag•Oct 03, 2017•ReShape, EnteroMedics, ModaThera
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