Spectral Md, Inc.
Dallas, TX · CIK 0001760119 · Medtech · Public
Multispectral imaging (MSI) device for rapid, automated burn severity assessment in military field settings
spectralmd.com →- Grants
- $2.7M
- 6 awards
- Sector median: 1
- Raised
- $1.1M
- 1 Form D · Dec 2018
- 94 months since last filing
- Contracts
- $189M
- 4 awards · Health and Human S, Defense
- #6 of 4531 in medtech
- Patents
- 40
- 15 granted · 25 pending
- Sector median: 2
Capital Timeline
Federal ↑Equity ↓201320152017201920212023
| Date | Event | Source | Amount |
|---|---|---|---|
| Federal contract | Department of Health and Human Services · Igf::ot::igf For Other Functions Spectral Md - Contract Title: Non-contact Wound Bed Imaging To Augment Non-burn Surgeon Capabilities And Preserve Scarce Graft Products In A Mass Casualty Incient Involving Therm Burn Injury | $26,000,674 | |
| Federal grant | Department of Defense · Phase I · Medical Device to Assess the Viability of Tissue Prior to Skin Grafting | $149,828 | |
| Federal grant | Department of Health and Human Services · Phase I · Non-invasive device to assist selecting the level-of-amputation in patients with peripheral arterial disease | $196,561 | |
| Federal grant | Department of Health and Human Services · Phase I · I-Corps Program Application for Market Assessment of Non-invasive Imaging Device to Improve Outcomes of Amputations Surgery in Critical Limb Ischemia. | $251,537 | |
| Federal grant | Department of Defense · Phase II · Medical Device to Assess the Viability of Tissue Prior to Skin Grafting | $974,465 | |
| Private capital raised | Form D · SEC | $1,073,192 | |
| Federal grant | Department of Health and Human Services · Phase I · I-Corps Program Application for Market Assessment of Non-invasive Imaging Device to Improve Outcomes of Amputations Surgery in Critical Limb Ischemia. | $54,976 | |
| Federal contract | Department of Health and Human Services · Portable Wound Healing Potential In Mass Casualty And Conventional Burn Injuries Optical Imaging Device And Machine Learning Algorithm To Classify Burn | $74,984,180 | |
| Federal contract· 1 of 2 same day | Department of Defense · Award Of Spectral Md's Dha STTR Sequential Phase II Medical R&d Contract For "development Of Device To Enable The Assessment Of Burn Severity By Artificial Intelligence In The Military's Echelon III Care Environment" | $1,632,483 | |
| Federal grant· 2 of 2 same day | Department of Defense · Phase II · Development of device to enable the assessment of burn severity by artificial intelligence in the militaryâs echelon III care environment | $1,082,494 | |
| Federal contract | Department of Health and Human Services · Development Of A Burn Wound Imaging Technology Device | $86,574,404 |
Federal grant · SBIR/STTRFederal contract · USAspendingForm D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 3 | Personalis, Inc. | $246M | $69M |
| 4 | LYNNTECH INC. | $226M | — |
| 5 | CEPHEID | $219M | $5.2M |
| 6 | Spectral Md, Inc. | $189M | $1.1M |
| 7 | Synchron | $170M | $82M |
| 8 | Foundation Medicine, Inc. | $158M | $59M |
| 9 | Inbios International Inc | $146M | — |
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
- J. DiMaioDirector · Executive Officer
- Erich SpangenbergDirector
- John StevensDirector
Patents
- Spectral Imaging Systems And Methods For Histological Assessment Of Woundsgranted
- System And Method For High Precision Snapshot Multi-spectral Imaging Based On Multiplexed Illuminationgranted
- Machine Learning Systems And Methods For Assessment, Healing Prediction, And Treatment Of Woundsgranted
- System And Method For Topological Characterization Of Tissueapplication
- System And Method For High Precision Multi-aperture Spectral Imaginggranted
- Machine Learning Systems And Methods For Assessment, Healing Prediction, And Treatment Of Woundsgranted
- Machine Learning Systems And Methods For Assessment, Healing Prediction, And Treatment Of Woundsapplication
- Spectral Imaging Systems And Methods For Histological Assessment Of Woundsapplication
- System And Method For High Precision Multi-aperture Spectral Imaginggranted
- Machine Learning Systems And Methods For Assessment, Healing Prediction, And Treatment Of Woundsgranted
- Machine Learning Systems And Techniques For Multispectral Amputation Site Analysisapplication
- Machine Learning Systems And Techniques For Multispectral Amputation Site Analysisgranted
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical 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.