Fundraising Fox

Allotrope Medical

AcquiredYC S18

Houston, US · Founded 2016 · Delaware corporation · 2 employees · 3 known investors

Find your way into Allotrope Medical

548 people in our graph share verified history with the Allotrope Medical team — schools, employers, funds. One of them is your warm intro.

Ben Lererunlockedknows Albert Huang · together at University of Pennsylvania (overlapped)
×9knows the team · via Y Combinator
×2knows the team · via University of Rochester

Allotrope Medical makes electrical stimulation devices that integrate with surgical instruments to help surgeons visualize and assess urinary and digestive system structures during procedures. The technology targets surgeons performing abdominal and pelvic operations.

HardwareHealthtechMedical DevicesRobotic SurgeryUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S18)

Allotrope Medical was founded in 2016 by Albert Huang.

AHAlbert Huang
Albert HuanginFounder/CEOAlbert Huang trained at Harvard University, Massachusetts General Hospital, Weill Cornell University, University of Pennsylvania, and University of Rochester. He founded Allotrope Medical, a developer of electrical stimulation devices integrated with surgical instruments to help surgeons visualize urinary and digestive system structures, and has previously taken a medical device startup to exit.

Board

MS
Mira SahneyBoard director
DF
David FranklinBoard director
DG
Donald GonzalesBoard director

Investors · 3

Rockies Venture ClubDenver · $100K – $500K
Texas HALO FundHouston
Y CombinatorSan Francisco · $500K

Reported raises · per SEC filings

Form D private placements

$5M disclosed across 1 round · 2021

▶$5MraisedApr 2021 · 90 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Albert HuangExecutive Officer, Director
  • Mira SahneyDirector
  • David FranklinDirector
  • Donald GonzalesDirector
Offering amount
$5.6M
Amount sold
$5M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Science FoundationPhase II2019$701.9K
National Science FoundationPhase I2018$224.8K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Northgate® Technologies Inc Announces Acquisition of Allotrope Medical™ Inc. | NTI Northgate Technologiesntisurgical.com · Apr 2023Allotrope Medical Raises $4M in Series A Financing - FinSMEsfinsmes.com · Jun 2021Medical device-maker Allotrope Medical raises $4M Series A round - Houston Business Journalbizjournals.com · Jun 2021Houston Texas based Allotrope Medical has raised $4,000,000.00 in New Equity Investment. - intelligence360intelligence360.news · Mar 2021Allotrope Medical Raises Funding Round - FinSMEsfinsmes.com · Apr 2017Allotrope Medical 6/2/2021 Capital Raise - Gaebler.com Venture Capital Databasegaebler.com

Frequently asked questions

What does Allotrope Medical do?
Allotrope Medical makes electrical stimulation devices that integrate with surgical instruments to help surgeons visualize and assess urinary and digestive system structures during procedures. The technology targets surgeons performing abdominal and pelvic operations.
Who founded Allotrope Medical?
Allotrope Medical was founded by Albert Huang in 2016.
Who are Allotrope Medical's investors?
Allotrope Medical's investors include Rockies Venture Club, Texas HALO Fund, Y Combinator.
How much funding has Allotrope Medical raised?
Allotrope Medical has disclosed $5M raised across 1 round.
Where is Allotrope Medical headquartered?
Allotrope Medical is headquartered in Houston, US.