C
Credence Medsystems
A drug delivery and specialty pharmaceutical company
About Credence Medsystems
Credence MedSystems operates in the medical device industry, specializing in advanced syringe systems that enhance the safety and usability of drug delivery. The company serves healthcare professionals and patients who require precise and safe injection solutions. Credence MedSystems' product line includes the Companion Syringe, which can be used alone or with an autoinjector, offering flexibility and simplifying the supply chain. Their products incorporate real-time monitoring of critical injection data, ergonomic designs, and features like automatic needle retraction and reuse prevention. The business model focuses on selling these innovative syringe systems to healthcare providers and pharmaceutical companies, generating revenue through product sales and potentially through licensing agreements. The market for these products includes both therapeutic and cosmetic applications, particularly where precise dosing and safety are paramount.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Menlo Park, United States
- Employees
- 13
- Open positions
- None listed
- Dealroom signal
- 76.7/100
- Industry
- Health, Transportation
- Sub-industry
- BioTechnology, Logistics & Delivery
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Sep 2021 | $40M | $160M | Novartis · Molex Ventures | — |
| EARLY VCOther financing | Jan 2021 | $0 | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Credence Medsystems is 6.2K monthly website visits, up 100% over the last three months. Credence Medsystems's team grew 18.2% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Maverick Ventures
Bill & Melinda Gates Foundation
Series B and later2 investors entered at this stage
Novartis
Molex Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Credence Medsystems 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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