Xpan Inc.

Private

Vaughan, OntarioHealthcare & Life Scienceshttps://xpanmedical.com/

Last Round

Accelerator

Apr 24, 2023

Company Overview

Xpan Inc. is a surgical devices company that has developed a universal trocar system designed to improve minimally invasive medical procedures.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

expandable trocartrocarminimally invasive surgeryMISsurgical access portmedical deviceMedTechradial dilationlaparoscopic surgerysurgical instrumentsSurgTechFDA clearance510(k) clearancesingle port accessabdominal surgerythoracic surgery

Historical Pricing

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Caplight Momentum Score

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Xpan Inc. Comps

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

Xpan Inc. comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Xpan Inc. Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Accelerator	Apr 24, 2023
Grant	Nov 9, 2022
Seed	Jan 28, 2020
Seed	Sep 26, 2019
Grant	Apr 8, 2019

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Key People

Founding team and executive leadership

Zaid Atto

Founder & CEO

Founding Team

Xpan Inc. Investors

Notable investors and investment history

Xpan Inc. investors
Investor	Rounds
Alliance for Pediatric Device Innovation	Grant
University of Toronto	Seed
Leva Capital	Seed
Creative Destruction Lab	Accelerator
FACIT	Grant, Seed

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Market signals

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Jul 18, 2025
Grew 38% QoQ, from 8 to 11 employees.
Jul 8, 2025
Monthly visitors increased 110% MoM, reaching 1.3K.

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Xpan Inc. Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Xpan Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersVaughan, Ontario

Employee Range7

Year Founded2017

Last FundingApr 24, 2023

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