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Tandem Medical

tanmed.com

Founded Year

1997

Stage

Unattributed VC | Alive

Total Raised

$13M

Last Raised

$13M | 22 yrs ago

About Tandem Medical

Tandem is a medical device company located in San Diego. The company manufactures and sells an automated drug delivery system primarily for use in home-administered IV's. The device is a relatively simple mechanical pump that is simpler and safer to use than standard IV therapy.

Headquarters Location

535 Encinitas Boulevard Suite 109

Encinitas, California, 92024,

United States

760-943-0100

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Latest Tandem Medical News

Tandem Medical Addressing A Big Problem In Healthcare

Apr 5, 2017

Tandem Medical Addressing A Big Problem In Healthcare April 5, 2017 4 min read UVA Startup Tandem Medical Is Tackling Communication In Hospitals There are so many different kinds of healthcare startups out there. There are medical devices, cancer treatments, pharmaceuticals, telemedicine, apps for healthcare, and many more. There is technology driving every piece of the healthcare industry. Yet medical environments still struggle with communication, especially hospitals. There’s no real statistic out there that pin points how many patients have been adversely affected by the time it takes for doctors to communicate with one another and other medical staff, but if there were the number would probably be quite high. The pager (beeper) is still a relevant piece of technology in the medical environment. While in the 80’s and 90’s you had to be a doctor or a drug dealer to own a beeper, today, just about everyone in America has replaced the pager with a smartphone. Today though, pagers are used in emergency or important situations, but they still don’t help in the communication flow. UVA Today, reported on University of Virginia startup Tandem Medical. The company was founded by Kamran Pirasteh, James Wang and Ripley Carroll (who worked for some great friends of ours at Speek ). Pirasteh came up with the idea after becoming enamored with Slack and it’s efficiency in just about every vertical possible. He identified a need for a communication system as efficient as Slack but also scalable with the privacy and HIPPA requirements needed in the medical environment. While there’s a lot of startups out there tackling consumer facing issues, even startups at UVA like 1degree, Pirasteh saw a need for an enterprise health solution. “I was looking for industries where a really efficient platform could make a difference, and health care is one of those industries,” Pirasteh told UVAToday. “So many student entrepreneurs focus on consumer-facing businesses, and while those can be great, they’re going to have the same kind of impact that health care can have.” While working on customer discovery Pirasteh was able to find a mentor in the medical field that allowed him to shadow during the summer. That’s where Pirasteh discovered the communication breakdown. The founders set up Tandem Medical to deal in role based communication to solve problems like tracking down missing labs and blood work. Doctors are losing lots of valuable time trying to track down blood samples, test and lab results, and specifically which lab techs, nurses or administrators performed these tests. If something doesn’t look quite right that doctor needs to get to the bottom of it quickly. Tandem Medical suggests that doctors spend up to 20% of their day just tracking people down. With Tandem doctors looking for a test result could immediately be connected to the patients nurses and technicians. From there they can have a HIPPA compliant chat and quickly come to a resolution for the patient.

Tandem Medical Frequently Asked Questions (FAQ)

  • When was Tandem Medical founded?

    Tandem Medical was founded in 1997.

  • Where is Tandem Medical's headquarters?

    Tandem Medical's headquarters is located at 535 Encinitas Boulevard, Encinitas.

  • What is Tandem Medical's latest funding round?

    Tandem Medical's latest funding round is Unattributed VC.

  • How much did Tandem Medical raise?

    Tandem Medical raised a total of $13M.

  • Who are the investors of Tandem Medical?

    Investors of Tandem Medical include Avalon Capital Group, Biotechvest, Domain Associates, Forward Ventures, Windward Ventures and 5 more.

  • Who are Tandem Medical's competitors?

    Competitors of Tandem Medical include PharmaJet, Mirus Bio, Erydel, Vapore, Cellnovo and 10 more.

Compare Tandem Medical to Competitors

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Iontera

Iontera, formerly Isis Biopolymer, designs and develops intelligent transdermal drug delivery (TDD). TDD has long held the promise of non-invasive drug delivery, adding convenience, reduced costs and improved patient compliance via the application of a patch to the skin. The missing components in TDD have been controlled release of the drug carried in the patch and the breadth of drugs that can actually be transferred though skin. Iontera's patented IonIQ technology intelligently enhances and controls delivery via a single-electrode design that is governed by a programmable on-board computer.

M
Medlogics

Medlogics is an early stage medical device company developing a broad platform technology for drug delivery. The initial focus is product development of polymer-free stent drug delivery.

E
Erydel

EryDel develops a red-blood-cell-based drug delivery device for the treatment of rare neurodegenerative diseases. Its proprietary technology relies upon the encapsulation of drugs into red cells taken from the patient's own blood, which are then re-infused into the patient.

Mirus Bio Logo
Mirus Bio

Mirus Bio is a life science company focused on discovering, developing, and commercializing nucleic acid-based technologies and products. Mirus Bio operates in the fields of RNA interference and gene therapy, specializing in nucleic acid chemistry and delivery.On May 18, 2021, Gamma Biosciences acquired a majority stake in Mirus Bio. The terms of the transaction were not disclosed.

T
Therataxis

Therataxis LLC models brain transport processes and designs delivery methods for therapies. The simulation and prediction of transport mechanisms, and their direct delivery devices, provide the necessary link in developing successful therapies of the brain by ensuring proper delivery. Their currently marketed products are surgical simulation software and simulation-based device designs.

C
Cambridge Eyenovations

Cambridge Eyenovations is developing drug-eluting contact lenses that can dispense medicine automatically for glaucoma patients so that people don't need to put in eyedrops at all, and can go a month without changing contact lenses.

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