RETHINK MEDICAL, INC.

SAN FRANCISCO, CA · CIK 0001694029 · Medtech · Acquired

CorBand, a wearable physiologic monitoring device that tracks cardiac parameters to detect early heart failure decompensation

Grants
$1.5M
2 awards
Sector median: 1
Raised
$3.2M
1 Form D · Jan 2017
117 months since last filing
Contracts
$104K
4 awards · Veterans Affairs
#516 of 4531 in medtech
Patents
2
1 granted · 1 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal contractDepartment of Veterans Affairs · Medical Equipment$24,900
Federal contractDepartment of Veterans Affairs · Monitor$24,150
Federal contractDepartment of Veterans Affairs · Emg/glove Sensors$20,300
Federal contractDepartment of Veterans Affairs · Ambulatory Monitor With Harnes Electrodes$35,000
Federal grantDepartment of Health and Human Services · Phase II · CorBand: A novel wearable wrist sensor for heart failure remote monitoring$1,009,410
Private capital raisedForm D · SEC$3,224,993
Federal grantDepartment of Health and Human Services · Phase II · CorBand: A novel wearable wrist sensor for heart failure remote monitoring$490,059
Federal grant · SBIR/STTRFederal contract · USAspendingForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
513GREAT LAKES NEUROTECHNOLOGIES INC.$109K—
514ALM Ortho Inc$107K$135K
515INFINITE BIOMEDICAL TECHNOLOGIES, LLC$105K—
516RETHINK MEDICAL, INC.$104K$3.2M
517FUNCTIONAL FLUIDICS INC.$100K$1.9M
518OmniScience LLC$100K—
519ACTIVAS DIAGNOSTICS, LLC$100K—

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 1 related persons
  • Reza NaimaDirector · Executive Officer

Patents

USPTO · 1 granted of 2

Regulatory activity · Medtech

Sector-level, not company-level

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.