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Bedal

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Providing innovative solutions for securing catheters safely and easily

Diepenbeek, BelgiumFounded 2011Health Tech & Medtech
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Bedal

Bedal International, a Belgian medical device company, develops and markets solutions for securing catheters. The company was founded in 2011 to create more effective and comfortable catheter securement options, inspired by the personal experiences of one of its founders, David D., who faced challenges with catheter care during his cancer treatment. The company is led by co-CEOs Alexander Van Damme, one of the founders with a background in bio-engineering and economics, and Steve Bierman, MD, an industry veteran and the original creator of the catheter securement market.

Bedal's core product line is the FlexGRIP®, a next-generation catheter stabilization system designed to securely fixate various types of catheters, including vascular, urinary, and drainage catheters. The product aims to reduce complications such as dislodgement, infection, and kinking, thereby improving patient outcomes and comfort. The FlexGRIP line includes several variations tailored for specific needs, such as the Universal, PICC/CVC, Drainpatch, EPI/PNB, Alpha, and Foley, as well as a pediatric range. A key feature is the proprietary 'air pillow technology,' which uses small air-filled cushions to ensure high fixation forces while maintaining patient comfort. The devices are designed to be user-friendly for healthcare professionals and are made of soft, flexible materials that move with the skin, allowing patients more freedom of movement.

The company operates in the global medical device market, serving hospitals and healthcare providers. Its products are used in over 34 countries in applications like cancer treatment, post-operative care, and in intensive care units. Bedal has established a global presence with offices in Diepenbeek, Belgium, and Anaheim, California. The company's business model involves direct sales and strategic partnerships with leading catheter companies. In February 2024, Bedal announced a collaboration with Cook Medical to include FlexGRIP devices with Cook's percutaneous drainage products in Europe, Canada, and the United States. To fund its global expansion, particularly in the US market, Bedal secured €10.2 million in a 2024 funding round led by White Fund and SFPIM, bringing its total funds raised to €17 million.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2011
Headquarters
Diepenbeek, Belgium
Employees
26
Open positions
None listed
Dealroom signal
70.7/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Nursing, Catheters, Patient Care, Headstart (EIT Health), Bridgehead Europe (EIT Health), Headstart 2017 (EIT Health), Bridgehead Europe 2019 (EIT Health), EIT Health, Hard Tech
Technology
Hardware
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jul 2024 $11M $45M LRM · SFPIM · F3 Finance · White fund ↗
SUPPORT PROGRAM✓Other financing May 2019 $33K — EIT Health —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearEBITDAMarginProfitMargin
2026 — —
2025 — —
2024 — —
2023 — —
2022 — —
2021 — —
2020 — —
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Growth signals

Bedal website traffic

Latest recorded traffic for Bedal is 2.3K monthly website visits, up 137.1% over the last three months. Bedal's team declined 3.7% over the past year.

Latest monthly visits2.3K 3-month web change+137.1% 1-year team growth-3.7%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • SFPIM
  • White fund
  • LRM
  • F3 Finance

Other known investors2 additional known investors

  • EIT Health
  • Bioville
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇧🇪 Belgium61.1%
🇺🇸 United States33.3%
🇧🇷 Brazil5.6%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Bedal on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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