CoapTech
Private Company
Total funding raised: $8.5M
Overview
CoapTech is a private medical device company pioneering point-of-care access procedures with its proprietary PUMA Platform. Its flagship product, the PUMA-G System, enables Percutaneous Ultrasound Gastrostomy (PUG), a bedside procedure that clinical studies associate with significantly reduced ICU length of stay, hospital costs, and procedural risks compared to traditional methods. The company is positioned to disrupt the $2B+ global gastrostomy market by shifting procedures from specialized suites to the bedside, improving hospital efficiency and patient access.
Technology Platform
The PUMA System™ platform uses magnetic coaptation and point-of-care ultrasound guidance to enable safe, percutaneous access to hollow organs at the bedside, eliminating the need for endoscopy, fluoroscopy, or an operating room.
Funding History
3Opportunities
Risk Factors
Competitive Landscape
CoapTech competes with established gastrostomy methods: Percutaneous Endoscopic Gastrostomy (PEG) supported by endoscopy companies (e.g., Olympus, Boston Scientific) and Percutaneous Radiologic Gastrostomy (PRG) supported by interventional radiology. Its unique value proposition is being the only FDA-cleared, purely ultrasound-based bedside solution, positioning it as a disruptor to these resource-intensive, suite-dependent standards of care.