Attune Medical (formerly Advanced Cooling Therapy, Inc.)
Attune Medical sells a patented, disposable medical device enabling cost-effective patient temperature control to save lives, reduce risks, and control costs.
- Stage $3M in TTM Revenue
- Industry Medical Devices and Equipment
- Location Chicago, IL, US
- Currency USD
- Founded February 2012
- Employees 18
- Incorporation Type C-corp
- Website attune-medical.com
Company Summary
Attune Medical has developed a patented, disposable medical device enabling cost-effective patient temperature control to save lives and reduce costs. The company is led by an experienced team bringing expertise from multiple successful medical device companies from start-up to acquisitions ranging up to $255M (9x sales) in the temperature management space. Attune has secured FDA clearance and is rapidly generating US and OUS sales.
Team
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CMO & Co-Founder
Dr. Kulstad is an emergency physician with 60+ scientific publications. As an end-user and researcher in the temperature management field, he brings important knowledge of temperature management. Dr. Kulstad's medical experience and chemical engineering expertise helped to inspire his invention of the esophageal temperature management device. Dr. Kulstad was educated at UT Southwestern Medical Center (MD) and University of Houston (MS Chem E).
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Igal Ladabaum, PhDExecutive Board Chairman
Dr. Ladabaum is a successful serial entrepreneur and industry-experienced executive with multiple prior exits. Most recently, Dr. Ladabaum helped to lead InSound Medical from start-up to a $200M exit to Sonova. Previously, Dr. Ladabaum was the co-founding CEO and CTO of Sensant Corporation, another venture backed startup that was successfully sold to Siemens. Dr. Ladabaumwas educated at U.C. Berkeley, Ecole Polytechnique, and Stanford University.
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VP Clinical & Field Operations
Mrs. Gray joins ACT with 15 years of clinical and management expertise in the medical device industry. Her clinical experience was derived from her time at Memorial Sloan Kettering and Columbia Presbyterian. Mrs. Gray's vast knowledge of temperature management was fostered by 7 years in clinical education at Medivance, which grew $0-30M leading to a $250M exit. Mrs. Gray received her BSN from Georgetown and MS in Nursing Education from NYU.
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Senior Director of Operations
Mr. Shanley is an engineer, entrepreneur, and quality/regulatory strategist who has been part of the team since June 2012. Since then, he has built and maintained an ISO 13485 certified quality system and secured regulatory approvals in US, Canada, Europe, and Australia, enabling commercial launch on multiple continents. Mr. Shanley received an MS in Biotechnology from Northwestern University and a BS in engineering from University of Illinois.
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Keith Warner, MBACEO
Keith Warner is a seasoned executive in the life science industry with over 30 years experience building high value companies. Keith has been instrumental building early stage companies toward successful M&A transactions. Keith served in leadership roles at organizations including Wafergen BioSystems, Novartis/Chiron and Biodesix. Keith also held several roles in manufacturing, sales and marketing and general management at Abbott Diagnostics.
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John Slump, BBAVP Finance
John brings 10+ years of experience as a founder and/or finance executive of 3 medical device start-ups, all of which are thriving businesses in the oncology, cardiovascular, and critical care markets. John is a serial entrepreneur bringing expertise in early-stage capital formation, financial accounting, pro-forma forecasting, and cash flow management to propel medical technology startups from concept to FDA clearance and rapidly growing sales.
Previous Investors
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Brandmeyer Enterprises (Kansas City, MO) - Multi-billion family office with extensive medical device operating and investing expertiseUnconfirmedHeartland Angels (Chicago, IL) - angel investment group focused on healthcare and medical device investment opportunitiesUnconfirmed
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Minnesota Gopher Angels (Minneapolis, MN) - angel investment group focused on healthcare and medical device investment opportunitiesUnconfirmedAnonymous Angel (Ann Arbor, MI) - Anonymous 'super angel' with significant M&A operating expertise and extensive venture investing experience.Unconfirmed
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