Compact Medical Solutions LLC

INDIANAPOLIS, IN · Founded 2016 · Medtech · Private

Bag-valve-mask resuscitator with adjustable tidal volume and pressure control for emergency resuscitation

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Updated Oct 23, 2026 · butterflybvm.com

Sector: Medtech
Headquarters: INDIANAPOLIS, IN
Founded: 2016
Latest Form D: $200K, Sep 2025
Total capital: $2M

Federal grants: $1.3M; 2 awards · 2021–2023; Rank in peer group#368 of 477
Private capital raised: $785K; 4 Form D · last Sep 2025; 14 months since last filing
Federal contracts: None on recordNo federal contract awards found.
Granted patents: 5; 5 pending · first 2020; Rank in peer group#57 of 477

Capital timeline

Latest events

Sep 2025Private capital raisedForm D · SEC · 4th filing$200K
Nov 2023Private capital raisedForm D · SEC · 3rd filing$350K
Oct 2023Federal grantNSF · Phase II · SBIR Phase II: A Novel Respiratory Bag-Valve-Mask Resuscitator$1.0M
Aug 2021Federal grantNSF · Phase I · SBIR Phase I: A Novel Respiratory Bag-Valve-Mask Resuscitator$256K
Sep 2020Private capital raisedForm D · SEC · 2nd filing$150K
Nov 2019Private capital raisedForm D · SEC · 1st filing$85K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 477 peers

Line = median

Medtech · Device

Federal grantsBelow median
Granted patents#57 · top 12%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants

Jonathan G. MerrellResearcherExecutive Officer, Director, PromoterLinked by 5 patents
Adam G. ScottResearcherDirectorLinked by $1.3M in grants as PI
Allan G. MatthysDirectorNamed in SEC Form D filings

What it has protected

USPTO · 5 granted of 10

Aug 23, 2022GrantedBag And Valve For Advanced Respiratory SupportUSPTOUS 11,420,010
May 24, 2022GrantedRespiratory Assisting Device With An Expandable BagUSPTOUS D,952,857
Nov 23, 2021GrantedBag And Valve For Advanced Respiratory SupportUSPTOUS 11,179,529

Show all 10 patent records

Bag And Valve For Advanced Respiratory SupportAug 23, 2022 · US 11,420,010Granted
Respiratory Assisting Device With An Expandable BagMay 24, 2022 · US D,952,857Granted
Bag And Valve For Advanced Respiratory SupportNov 23, 2021 · US 11,179,529Granted
Bag And Valve For Advanced Respiratory SupportMar 30, 2021 · US 10,960,172Granted
Bag-valve-maskJan 7, 2020 · US 10,525,223Granted
Bag And Valve For Advanced Respiratory SupportApplication PCTUS2019062005Pending
Bag And Valve For Advanced Respiratory SupportApplication 63251373Pending
Bag And Valve For Advanced Respiratory SupportApplication PCTUS2021024260Pending
Bag And Valve For Advanced Respiratory SupportApplication PCTUS2021061250Pending
Bag And Valve For Advanced Respiratory SupportApplication 62843140Pending

EXACT SCIENCES THRIVE LLCSimilar federal contract value in Medtech · null in contracts
VOLTMED, INC.Similar federal contract value in Medtech · null in contracts
XMD DIAGNOSTICS, INC.Similar federal contract value in Medtech · null in contracts
FemtoMag, Inc.Similar federal contract value in Medtech · null in contracts
HYPERSOUND MEDICAL, INC.Similar federal contract value in Medtech · null in contracts
STAR VOLTAIC LLCSimilar federal contract value in Medtech · null in contracts

Regulatory activity · Medtech

Sector-level, not company-level

07 Jul 2026New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
30 Jun 2026Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
30 Jun 2026Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
29 Jun 2026Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
26 Jun 2026Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
26 Jun 2026Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through Oct 23, 2026. SBIR and STTR awards through Oct 21, 2026.