Sea Medical Systems

S.E.A. Medical Systems develops medical devices that can detect life-threatening intravenous drug errors before they harm patients.

Business Model:

Revenue: $49.2M

Employees: 501-1,000

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Detailed Sea Medical Systems Information

Geographic Data

Sea Medical Systems headquarters map

Address: 632 Sylvan Way

City: Emerald Hills

State: CA

Zip: 94062

Country: US

Financial Info

Stage:

series b

Raised Last:

$3M

Raised Total:

$3M

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0Website Monthly Traffic

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Description

S.E.A. Medical Systems Inc. is a private healthtech company that has created a disruptive platform technology with life-saving product applications, allowing for the identification and characterization of medical solutions in real time. Using a patents pending version of impedance spectroscopy, the identity and concentration of solutions can be determined almost instantly through a comparison of a unique electronic signature generated from contact of the solution with a disposable BIOMEMS sensor chip and comparison to a known library of profiles. SEA&s;s technology is broadly applicable to multiple platforms including preventing IV preparation errors in the Pharmacy, identifying and stopping medication errors at the bedside, keeping expensive biopharmaceutical manufacturing on track, ensuring dialysis patients get their full therapeutic benefit, and detecting counterfeit medications to prevent them from entering the distribution channel. These devices cumulatively have the real potential for multi-billion dollar annual product sales. For example, Auto IV is a disruptive technology that has the potential to revolutionize the smart pump business, currently valued at over $3B per year in the US. Companies in these business segments find our technology compelling and for the right investor or partner, this is an opportunity to have a major transformative impact on Medicine. Based in San Jose, CA, the company has been supported by Series A investors including Quantum Technology Partners, New Biology Ventures, and private investors, Series B investor JK&a;B Capital and non-dilutive capital.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
1/2012 Series B 1 $3M JK&a;B Capital
JK&a;B Capital
Announced Date Name Price

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