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EndoStim

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Medical device company developing therapeutics for gastrointestinal and urological neuro-muscular disorders

Farmers Branch, United StatesFounded 2009Biotech & Life Sciences
Valuation $50–100M Last recorded · 2018
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EndoStim and the history behind them.

About EndoStim

EndoStim, a medical device company established in 2009, is headquartered in St. Louis, Missouri, with additional operations in Nijmegen, Netherlands. The company was founded by a team that includes Bevil J. Hogg, who brought his experience from the medical device sector, having previously co-founded and managed other ventures in the field. The venture originated from a collaboration between Hogg and a group of surgeons and inventors, including Dr. Virender K. Sharma, who conceived of the initial idea of using electrical stimulation for the lower esophageal sphincter. EndoStim is focused on addressing gastroesophageal reflux disease (GERD), a condition affecting a significant portion of the global population where the valve between the esophagus and stomach malfunctions, causing acid to flow back. The company has developed a neurostimulation therapy designed for patients with severe GERD who do not respond well to standard pharmaceutical treatments like proton pump inhibitors (PPIs). This treatment, known as LES stimulation, involves the minimally invasive implantation of a small, pacemaker-like device. The device delivers low-energy electrical pulses to the lower esophageal sphincter (LES), the muscle that acts as a barrier between the stomach and the esophagus. By strengthening and restoring the function of this muscle, the therapy aims to prevent stomach acid from refluxing into the esophagus, thereby addressing the root cause of the disease rather than just managing its symptoms. The system is programmed and controlled by physicians to meet the specific needs of each patient. EndoStim's business model revolves around the sale of this proprietary medical device to hospitals and surgical centers. Its target market consists of gastroenterologists and upper GI surgeons who treat patients with chronic and severe forms of GERD. The company has secured regulatory approvals in various international markets, including CE Marking in Europe and approvals in several Latin American countries, allowing it to commercialize its product outside the United States. As of early 2025, the device is still under investigation in the U.S. and is limited by federal law to investigational use within the country, pending FDA approval.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Farmers Branch, United States
Employees
4
Open positions
None listed
Dealroom signal
49.5/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, Gastroenterology, Cardiology and cardiovascular, Non-Invasive medical devices and treatments, Spinout, Biotech and Pharma, DT and LS, science-based
Client focus
b2c

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES EOther financing Jan 2018 $12M $48M Undisclosed —
SERIES DOther financing May 2016 $25M $100M Gimv · Endeavour Vision · Wellington Partners · Sante Ventures —
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Growth signals

EndoStim website traffic

Latest recorded traffic for EndoStim is 1.3K monthly website visits, up 128.1% over the last three months. EndoStim's team grew 33.3% over the past year.

Latest monthly visits1.3K 3-month web change+128.1% 1-year team growth+33.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

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

8 investors on the cap table

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

Series A3 investors entered at this stage

  • Sante Ventures
  • Prolog Ventures
  • Vectis Healthcare & Life Sciences Fund II

Series B and later4 investors entered at this stage

  • Billiken Angels Network
  • Endeavour Vision
  • Gimv
  • Wellington Partners

Other known investors1 additional known investor

  • Colorado State University
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EndoStim 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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