Paragate Medical
Implantable Device for outpatient Chronic Heart Failure treatment and elimination of hospitalization
StartupParagate Medical is a Haifa-based startup in the Health Tech & Life Sciences sector, established in 2016. Implantable Device for outpatient Chronic Heart Failure treatment and elimination of hospitalization. The company has raised a total of $10.64M across 6 funding rounds, currently at the Seed stage. Paragate Medical was founded by Nitai Hanani and Dr. Yair Feld. Key investors include Israel Innovation Authority, NGT3. The company has 11-50 employees. Core technologies: Sensing, Materials & Substances, Implants.
With $10.64M in total funding, Paragate Medical is a Seed-stage company operating in Health Tech & Life Sciences. The company follows a B2B business model. Product stage: R&D. The company holds 1 patent.
- StageSeed
- ProductR&D
- ModelB2B
- Employees11-50
- HQHaifa
- DistrictNorth District
- Last Round$450K
- Israel Innovation Authority
- NGT3
Nitai HananiCo-founder & CTO
Dr. Yair FeldCo-founder, Inventor & Medical Director
5 articles covered by sources including www.jondehaanfoundation.org,
www.jacc.org,
www.med-technews.com,
www.jpost.com,
www.israel21c.org.
What does Paragate Medical do?
Clinical-stage company offers a disruptive outpatient treatment solution addressing the top global healthcare cost driver: recurring admissions of congested Chronic Heart Failure patients. Our implanted, connected device removes excess fluid and salt and clears them to the patient’s bladder, providing continuous decongestion: personalized precise treatment with no patient involvement, out-of-hospital. Clinical trials are underway with strong results from an initial series of patients. Our target US market is 1.2M+ annual hospitalizations which generate $30B+ of hospital losses and payor costs, most of which are avoidable with our technology. ROW market is larger.
How much funding has Paragate Medical raised?
Paragate Medical has raised $10.64M in total funding across 6 rounds. The company is currently at the Seed stage. Key investors include Israel Innovation Authority, NGT3.
Who founded Paragate Medical?
Paragate Medical was founded in 2016 by Nitai Hanani (Co-founder & CTO), Dr. Yair Feld (Co-founder, Inventor & Medical Director).
What sector is Paragate Medical in?
Paragate Medical operates in Health Tech & Life Sciences, Medical Devices, Medical Treatment & Therapeutics, Digital Healthcare, Patient Remote Monitoring, with core technologies in Sensing, Materials & Substances, Implants. Target customers: Healthcare & Life Sciences, Healthcare, Providers.
Where is Paragate Medical located?
Paragate Medical is based in Derech HaAtsma'ut 57, Haifa, Israel, North District.