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GI Windows Raises $16.4M in Series A-1 Financing

PRIVATEAug 19, 2020

Amount Raised

$16.4 Million

Round Type

Series A

West Bridgewater

Description

 GI Windows Medical Corp, a clinical-stage, privately-held medical device company, announced a $16.4 million Series A-1 financing. The financing attracted Johnson & Johnson Innovation – JJDC, Inc., along with Sonder Capital, GT Healthcare, JC Investco and one additional strategic investor.  In addition to the institutional financing, GI Windows also received investments from existing shareholders as well as new investors, the Kennedy Trust and Coleman Trust. The proceeds will be used to support further product development and clinical studies for GI Window's patented technology.

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Company Information

Company

Gi Windows

Location

West Bridgewater, Massachusetts, United States

About

GI Windows Corp is a clinical-stage, venture-backed medical device company dedicated to developing the first fundamental breakthrough in anastomoses technology in both delivery and tissue fusion. The company was spun out of Beacon Endoscopic (acquired by Covidien in 2014).  GI Window's is currently headquartered in West Bridgewater, MA.

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Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Gi Windows raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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