Fundraising Fox

Allotrope Medical

AcquiredYC S18

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

allotropemed.com

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 Surgeryin /company@ycombinatorycombinator.com ↗
Allotrope Medical website preview

Founders & leadership· Y Combinator alumni (S18)

Allotrope Medical was founded in 2016 by Albert Huang.

AHAlbert Huang
Albert HuanginFounder/CEO

Board

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

Investors · 3

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

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.