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CoapTech

CoapTech

Private
Baltimore, MarylandHealthcare & Life Scienceshttps://www.coaptech.com/

Last Round

Series B

May 28, 2025

Total Funding Raised

$19.39M

Company Overview

CoapTech is a medical device company that develops the PUMA System, a platform enabling minimally invasive, ultrasound-guided procedures in hollow organs.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Medical Imaging

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

medical deviceultrasound-guided gastrostomyPUMA-Gpoint-of-care ultrasoundPOCUSenteral accessminimally invasive surgeryinterventional radiologygastroenterologygastrostomy tubeG-tube placementmedical imagingradiation reductionbedside procedure

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Caplight Momentum Score

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CoapTech Comps

Public and private peers based on sector, stage, and business model.

CoapTech comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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CoapTech Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMay 28, 2025
Series B ExtensionOct 3, 2024
GrantSep 22, 2020
Series BAug 28, 2020
GrantAug 29, 2019
VC Round
Jun 17, 2019

Key People

Founding team and executive leadership

Brad Kreger

Chief Executive Officer

Executive Team

Howard Carolan

Co-Founder, CEO

Founding Team

CoapTech Investors

Notable investors and investment history

CoapTech investors
InvestorRounds
Good Growth CapitalSeries B, Series B Extension
Abell FoundationSeries B
MedTech InnovatorVC Round
NIH RADxGrant, Seed
TEDCOVC Round, Series B, Seed, Series B Extension
Maryland Industrial Partnerships (MIPS)Seed
Hunniwell Lake VenturesSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 18, 2025

    Co-Founder and CEO Howard Carolan is stepping down.

  • Nov 18, 2025

    Brad Kreger appointed as the new Chief Executive Officer.

CoapTech Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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CoapTech Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBaltimore, Maryland
Employee Range22
Year Founded2016
Last FundingMay 28, 2025

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