ThermoTek - About the company
ThermoTek is an acquired company based in Dallas (United States), founded in 1998. It operates as a Thermoelectric cooling and compression medical devices improving patient recovery and comfort. The company has 11 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like miraDry, CERAGEM and Kelvi.
Company Details
Thermoelectric cooling and compression medical devices improving patient recovery and comfort. The company specializes in designing, engineering, and manufacturing thermoelectric thermal management solutions for the medical, scientific, and military sectors. They offer a range of medical products focused on thermal, compression, and DVT therapy, utilizing site-specific wraps and thermoelectric technology for continuous cold or heat without ice. Their product line includes devices for post-surgical recovery, pain management, and aesthetic procedures, aiming to improve patient outcomes and provide a safe, effective alternative to narcotic-based pain management. They serve patients, medical professionals, Veterans Affairs, and scientific customers, offering solutions for orthopedic and recovery needs. The company is committed to innovation, quality, and customer satisfaction, backed by years of experience in thermoelectric and precision engineering.
- Website
- www.thermotekusa.com/
- Registered Address
- Flower Mound, Texas
Key Metrics
Founded Year
1998
Location
Dallas, United States
Stage
Acquired
Investors
Ranked
7th among 11 active competitors
Employee Count
38 as on Jul 31, 2026
Exit Details
Acquired by Havencrest Capital Management (Oct 22, 2020)
Legal entities associated with ThermoTek
ThermoTek is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Thermotek, Inc. CIN: 752490405 , United States, Active | Dec 26, 999 | - | 67 (As on Dec 31, 2024) | - |
ThermoTek's acquisition details
ThermoTek got acquired by Havencrest Capital Management on Oct 22, 2020.
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ThermoTek's funding and investors
ThermoTek is a funded company. ThermoTek has 1 institutional investor.
View details of ThermoTek's funding rounds and investors
ThermoTek's founders and board of directors
Founder? Claim ProfileThermoTek's employee count trend
ThermoTek has 38 employees as of Jul 26. Here is ThermoTek's employee count trend over the years:
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ThermoTek's Competitors and alternates
Top competitors of ThermoTek include miraDry, CERAGEM and Kelvi. Here is the list of Top 10 competitors of ThermoTek, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | miraDry 2010, Newport Beach (United States), Acquired | Device for treating sweat and odor glands | $12.5M | 56/100 | |
2nd | CERAGEM 1998, Chungnim (South Korea), Unfunded | Automatic thermal massager | - | - | 43/100 |
3rd | Kelvi 2016, Inglewood (United States), Series A | Digital cooling, heating, and contrast therapy technology for sports and medical. | $10.7M | - | 32/100 |
4th | Zeno Corporation 2002, Houston (United States), Deadpooled | Device for Thermal treatment of Acne | $55M | 30/100 | |
5th | Therative 2004, San Francisco (United States), Deadpooled | Cryptocurrency learning platform for beginners, offering real-time trends and trading strategies | $9M | 26/100 | |
6th | Synoia Technologies 2008, Ness Ziona (Israel), Unfunded | Provider of non-invasive facial treatment device | - | - | 25/100 |
7th | ThermoTek 1998, Dallas (United States), Acquired | Thermoelectric cooling and compression medical devices improving patient recovery and comfort | - | 25/100 | |
8th | Plinic Labs 2022, Incheon (South Korea), Unfunded | Provider of a plasma-based device used for facial massage | - | - | 24/100 |
9th | Innoxus 2022, South Korea, Series A | Developer of aesthetic device using focuspolar and dynamic cooling technology | $9.63M | 29/100 | |
10th | Aesthetic technology devices for skin rejuvenation | - | 21/100 |
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ThermoTek's Investments and acquisitions
ThermoTek has made no investments or acquisitions yet.
Reports related to ThermoTek
Here is the latest report on ThermoTek's sector:
News related to ThermoTek
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ThermoTek, in Collaboration with WRS, Among Winners in FDA's Opioid Innovation ChallengePR Newswire•Jan 15, 2019•ThermoTek, WRS
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