Fundraising Fox

Cathbuddy

Woodbury, US · Founded 2018 · Delaware corporation · 1 known investors

CathBuddy develops a reusable intermittent catheter system for people with spinal cord injuries and other catheter users, aiming to reduce single-use catheter waste and support patient independence. Its FDA-authorized system is planned for sale through select Veterans Health Administration spinal cord injury hospitals.

Founders & leadership

Cathbuddy was founded in 2018 by Souvik Paul.

SP
Souvik PaulCEO
DW
Daniel WollinNamed on SEC filing
JN
John NeamonitisNamed on SEC filing

Investors · 1

Reported raises · per SEC filings

Form D private placements

$7.6M disclosed across 2 rounds · 2020–2022

$6.9MraisedFeb 2024 · 40 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Marjorie NelsonExecutive Officer
  • Daniel WollinDirector
  • John S. NeamonitisDirector
  • Souvik PaulExecutive Officer, Director
Offering amount
$7.6M
Amount sold
$6.9M
First sale
Oct 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$771.7KraisedSep 2020 · 12 investors · Other Health Care
Officers, directors & promoters on the filing
  • Daniel WollinDirector
  • Souvik PaulExecutive Officer, Director
  • John NeamonitisDirector
Offering amount
$1M
Amount sold
$771.7K
First sale
Sep 2020
Incorporated
Corporation, Delaware, 2018
Federal exemptions
04
Full filing on SEC EDGAR ↗

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

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of Health and Human ServicesAdministration for Community LivingPhase II2023$575K
National Science FoundationPhase II2022$1M
National Science FoundationPhase I2020$256K
Department of Health and Human ServicesAdministration for Community LivingPhase I2020$100K

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.

Frequently asked questions

What does Cathbuddy do?
CathBuddy develops a reusable intermittent catheter system for people with spinal cord injuries and other catheter users, aiming to reduce single-use catheter waste and support patient independence. Its FDA-authorized system is planned for sale through select Veterans Health Administration spinal cord injury hospitals.
Who founded Cathbuddy?
Cathbuddy was founded by Souvik Paul in 2018.
Who are Cathbuddy's investors?
Cathbuddy's investors include Health Wildcatters.
How much funding has Cathbuddy raised?
Cathbuddy has disclosed $7.6M raised across 2 rounds.
Where is Cathbuddy headquartered?
Cathbuddy is headquartered in Woodbury, US.