Fundraising Fox

Centerline Biomedical

Cleveland, US · Delaware corporation · 2 known investors

Centerline Biomedical develops IOPS®, a 510(k)-cleared endovascular navigation technology that provides real-time 3D image guidance for physicians performing catheterization and other endovascular procedures. The technology is designed to reduce radiation exposure and improve procedural accuracy for interventional cardiologists, vascular surgeons, and other interventionalists.

Founders & leadership

VGVikash Goel
Vikash GoelinFounder · CTO | Operations ♦ Precision Care ♦ Health IT for Minimally Invasive Surgery ♦ Investor Relations
GKGulam Khan
Gulam KhanExecutive
IEIndrani Egleston
Indrani EglestonExecutive
PR
Phil RackliffeExecutive
VK
Vinod K. GoelNamed on SEC filing

Board

MW
Michael WhitmanBoard director
TS
Todd SchwarzingerBoard director
MW
Mitch WolfBoard director
AM
Arnaud MarieBoard director
AS
Akhil SaklechaBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$71.8M disclosed across 4 rounds · 2015–2025

$10.8MraisedApr 2025 · 8 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael WhitmanDirector
  • Todd SchwarzingerDirector
  • Mitch WolfDirector
  • Gulam KhanExecutive Officer, Director
  • Arnaud MarieDirector
  • Indrani EglestonExecutive Officer
Offering amount
$15M
Amount sold
$10.8M
First sale
Apr 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$13.7MraisedNov 2023 · 65 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jim ZalarDirector
  • Karen ShanahanDirector
  • Jai N. GuptaExecutive Officer, Director
  • Vinod K. GoelExecutive Officer, Director
  • Gulam KhanExecutive Officer
  • Vikash GoelExecutive Officer
Offering amount
$13.7M
Amount sold
$13.7M
First sale
Aug 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.7MraisedNov 2023 · 106 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Phil RackliffeExecutive Officer, Director
  • Vikash GoelExecutive Officer
  • Jai N. GuptaDirector
  • Vinod K. GoelExecutive Officer, Director
  • Jim ZalarDirector
  • Gulam KhanExecutive Officer
Offering amount
$12.7M
Amount sold
$12.7M
Sales commissions
$846.6K
Placement agents
Paulson Investment Company, LLC
First sale
Aug 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$34.7MraisedNov 2023 · 22 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Vikash GoelExecutive Officer
  • Vinod K. GoelExecutive Officer
  • Todd SchwarzingerDirector
  • Mitch WolfDirector
  • Gulam KhanExecutive Officer
  • Akhil SaklechaDirector
  • Phil RackliffeExecutive Officer, Director
Offering amount
$34.7M
Amount sold
$34.7M
First sale
Feb 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 6

by search overlap
PlushCare45 shared keywordsPlushCare is a telehealth service that connects patients with board-certified primary care doctors and therapists through an app for virtual appointments, prescriptions, and ongoing care. It covers weight management, urgent care, pediatric care, chronic disease treatment, online therapy, and prescription discounts, serving patients across all 50 U.S. states.
Honeybee Health37 shared keywordsHoneybee Health is a mail-order pharmacy based in California that fills prescription and over-the-counter medications, selling generic drugs at transparent, low prices without insurance. It serves patients directly as well as telehealth platforms and practitioners through a prescription fulfillment partnership program, and can also fill prescriptions for pets.
Walgreens35 shared keywordsWalgreens operates a pharmacy and retail health and wellness business, offering prescription services, over-the-counter medications, health products, and photo services to consumers.
Sesame34 shared keywordsSesame is a telehealth marketplace that connects patients with board-certified providers for cash-pay medical visits without insurance, with prices shown upfront and visits starting at $34. It offers online consultations across a range of care needs through independently owned provider practices using its platform.
Doctronic30 shared keywordsDoctronic builds an AI system trained on peer-reviewed medical evidence to provide 24/7 medical triage and consultation, achieving 99.2% alignment with board-certified clinicians. The platform serves patients seeking instant healthcare guidance with no insurance requirement, anonymity, and HIPAA compliance.
Medscape30 shared keywordsMedscape is an online medical information platform providing clinical news, expert perspectives, case studies, quizzes, and reference material across specialties such as cardiology, oncology, neurology, and psychiatry. It serves physicians, nurses, pharmacists, residents, and medical students.

Companies competing with Centerline Biomedical for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$1.5M
National Institutes of Health (NIH)National Institutes of HealthPhase II2019$1.5M
National Institutes of Health (NIH)National Institutes of HealthPhase I2018$224.9K
National Institutes of Health (NIH)National Institutes of HealthPhase ISTTR2018$223.9K

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 Centerline Biomedical do?
Centerline Biomedical develops IOPS®, a 510(k)-cleared endovascular navigation technology that provides real-time 3D image guidance for physicians performing catheterization and other endovascular procedures. The technology is designed to reduce radiation exposure and improve procedural accuracy for interventional cardiologists, vascular surgeons, and other interventionalists.
Who founded Centerline Biomedical?
Centerline Biomedical was founded by Vikash Goel.
Who are Centerline Biomedical's investors?
Centerline Biomedical's investors include JobsOhio Ventures, Jumpstart Ventures.
How much funding has Centerline Biomedical raised?
Centerline Biomedical has disclosed $71.8M raised across 4 rounds.
Where is Centerline Biomedical headquartered?
Centerline Biomedical is headquartered in Cleveland, US.