Portal Instruments

company

About

Portal Instruments is an early stage company that offers medical device.

  • 11 - 50

Details

Last Funding Type
Series A
Last Funding Money Raised
$11M
Industries
Health Care,Medical,Medical Device,Pharmaceutical
Founded date
Jan 1, 2012
Number Of Employee
11 - 50
Operating Status
Active

Portal Instruments is an early stage, Series A funded, medical device company in the area of digital drug delivery. We are developing and commercializing a highly innovative platform technology that will transform the delivery of medicines and improve the patient experience. Our aim is to replace all needles and syringes with a safe, silent, painless and smart device and to become the de-facto standard for modern drug delivery. Our patented technology enables the precise delivery of the exact amount of drug at the desired tissue depth irrespective of drug viscosity and composition. Our delivery mechanism is painless to the patient and silent. It is also highly customizable across a large variety of medical, animal, agricultural, and cosmetic applications.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$36M
Portal Instruments has raised a total of $36M in funding over 2 rounds. Their latest funding was raised on Oct 20, 2015 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 20, 2015 Series B $25M 1 Detail
Oct 15, 2014 Series A $11M 1 Sanofi Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Portal Instruments is funded by 2 investors. Sanofi and Sanofi Sunrise are the most recent investors.
Investor Name Lead Investor Funding Round
Sanofi Yes Series A
Sanofi Sunrise Series B