Sky Medical Technology - About the company
Sky Medical Technology is a series B company based in High Wycombe (United Kingdom), founded in 2006 by Bernard Ross. It operates as an Electro stimulation devices for treatment of Deep vein thrombosis. Sky Medical Technology has raised $48.8M in funding from investors like Bionow, Deepbridge Capital and Juno Capital, with a current valuation of £*****. The company has 52 active competitors, including 16 funded and 10 that have exited. Its top competitors include companies like Tactile Medical, Intervene and Micro Medical Solutions.
Company Details
Sky Medical Technology Limited does business as Firstkind Limited, and manufactures and distributes electro-simulation devices for the treatment of Deep vein thrombosis and other circulatory disorders. The company develops a self-adhesive strip, called Geko, that sits behind the knee and stimulates muscles in the calf and foot. Small electrical impulses gently stimulate the common peroneal nerve which in turn activates the muscle pumps of the lower leg that return blood towards the heart. In this way, neuromuscular stimulation in the lower limb emulates the process normally achieved by walking (up to 60%) but without the patient having to move or exert energy and without discomfort.
- Website
- skymedtech.com
- Email ID
- *****@firstkindmedical.com
- Phone Number
- +44 **********
- Registered Address
- Daresbury Science & Innovation Campus, Keckwick Lane, Daresbury, Cheshire, WA4 4FS
Key Metrics
Founded Year
2006
Location
High Wycombe, United Kingdom
Stage
Series B
Total Funding
$48.8M in 16 rounds
Latest Funding Round
Post Money Valuation
£***** as on Dec 08, 2021
Ranked
3rd among 52 active competitors
Annual Revenue
£351K as on Dec 31, 2014
Employee Count
35 as on Dec 31, 2024
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Legal entities associated with Sky Medical Technology
Sky Medical Technology is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Sky Medical Technology Limited CIN: 05751473 , United Kingdom, Active | Mar 21, 2006 | $578K (As on Dec 31, 2014) | 35 (As on Dec 31, 2024) |
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Sky Medical Technology's funding and investors
Sky Medical Technology has raised a total funding of $48.8M over 16 rounds. Sky Medical Technology has 15 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Sky Medical Technology:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 26, 2020 | 3768148 | Series B | 2847994 | 4148374 | 8270321 | 7971743 |
Mar 20, 2019 | 9399341 | Series B | 2311687 | 4053942 | 6014971 | 9299276 |
Mar 21, 2018 | 4111802 | Series B | 7628414 | 3154352 | 6687596 | 3818726 |
View details of Sky Medical Technology's funding rounds and investors
Sky Medical Technology's founders and board of directors
Founder? Claim ProfileThe founders of Sky Medical Technology is Bernard Ross. Bernard Ross is the CEO of Sky Medical Technology.
Here are the details of Sky Medical Technology's key team members:
- Bernard Ross: CEO and Founder of Sky Medical Technology. They serve on the board of 1 company.
Sky Medical Technology's Board of Directors
Sky Medical Technology's board has 6 active members. Bernard Ross is part of team and Ronald Eric Long, Christopher Paul Michael Bouckley, Edward Thomas Rudd, Gerald Slemko and Keith Adrian Powell are independent board members.Here is the list of Sky Medical Technology's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 20y 0m | |
Investor | - | Current | 8y 8m | |
Independent board member | - | Current | 17y 8m | |
pdzvhlx | Independent board member | - | Current | 6y 9m |
{ftertp | Independent board member | - | Current | 6y 9m |
whbbswc | Independent board member | - | Current | 5y 3m |
bsypgjf | Independent board member | - | Current | 8y 6m |
tyafrnv | Independent board member | - | Current | 1y 5m |
View details of Sky Medical Technology's Founder profiles and Board Members
Sky Medical Technology's employee count trend
Sky Medical Technology has 35 employees as of Dec 24. The total employee count is 9.0% more than what it was in Dec 23. Here is Sky Medical Technology's employee count trend over the years:
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Sky Medical Technology's Competitors and alternates
Top competitors of Sky Medical Technology include Tactile Medical, Intervene and Micro Medical Solutions. Here is the list of Top 10 competitors of Sky Medical Technology, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tactile Medical 1995, Minneapolis (United States), Public | Provider of lymphedema and venous ulcer treatment therapy and pumps | $23.2M | 69/100 | |
2nd | Intervene 2003, Derby (United Kingdom), Series B | Medical device company that develops catheter based therapy for chronic venous insufficieny (CVI) | $37.6M | 59/100 | |
3rd | Sky Medical Technology 2006, High Wycombe (United Kingdom), Series B | Electro stimulation devices for treatment of Deep vein thrombosis | $48.8M | 55/100 | |
4th | Micro Medical Solutions 2014, Wilmington (United States), Series B | Developer of a device for CLI and PAD patients to prevent amputation | $17.8M | - | 51/100 |
5th | enVVeno Medical 1999, Irvine (United States), Public | Developer of medical device for the the treatment of venous diseases | $874K | 48/100 | |
6th | InVera Medical 2018, Galway (Ireland), Seed | Manufacturer of medical devices for the office-based treatment of chronic venous disease | $5.34M | 46/100 | |
7th | Piomic 2016, Zurich (Switzerland), Series A | Developer of a non-invasive electroceutical device for the treatment of chronic wounds | $7.83M | 45/100 | |
8th | Recovery Force 2013, Indianapolis (United States), Series B | Wearable massage compression sleeves and wraps | $16.3M | 42/100 | |
9th | DeVoro Medical 2018, Fremont (United States), Acquired | Developer of medical devices for the treatment of cardiac diseases | $18M | 41/100 | |
10th | MCS 2012, Concord (United States), Funding Raised | Developer of a compression system for treating deep vein thrombosis | - | 40/100 |
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Sky Medical Technology's Investments and acquisitions
Sky Medical Technology has made no investments or acquisitions yet.
News related to Sky Medical Technology
Media has covered Sky Medical Technology for 1 event in last 1 year, It was about partnerships.
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Sky Medical Technology and Royal Mint partner to turn e-waste into jewelleryBusinessGreen•Sep 10, 2025•Royalmint, Sky Medical Technology
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The geko™ device is now available through the NHS Supply ChainPR Newswire•May 01, 2024•Geko Device, NHS Supply Chain, Sky Medical Technology
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Sky Medical Technology announces availability of its geko™ device on government of India e-marketplace portal (GeM)Asian News International•Apr 07, 2022•Sky Medical Technology
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Sky Medical Tech's (W3) geko Earns FDA Nod for Venous Insufficiency, IschemiaMedical Product Outsourcing•Mar 28, 2022•Sky Medical Technology
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Firstkind Limited joins Association of British HealthTech Industries (ABHI)PR Newswire•Mar 12, 2022•Sky Medical Technology, Abhi
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Sky Medical Receives FDA Clearance to Market Its geko Device For Venous Insufficiency And IschemiaWearable Technologies•Dec 20, 2021•Sky Medical Technology
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Sky Medical Technology wins Liverpool Echo Regional Business Award 2021PR Newswire•Jun 18, 2021•Sky Medical Technology
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