Collaboration Demonstrates Figure Technologies’ Commitment to Innovation in Medical Technology
San Francisco, CA — June 8, 2022 — Figure Equity Solutions, providing a one-stop solution for private companies and startups to raise capital, manage equity, and trade shares on a single platform, announced today a partnership with MedTech Innovator, the premier accelerator in the medical technology industry. MedTech Innovator matches healthcare industry leaders with innovative early-stage and emerging growth medtech companies for mentorship and support. Fifty-four startups will participate in the MedTech Innovator 2022 program, including 28 early-stage companies in the Accelerator cohort. This year, MedTech Innovator will award more than $500,000 in cash prizes and in-kind services.
Figure Equity Solutions will work directly with the cohort companies and will also provide financial support to MedTech Innovator. The startups selected for the 2022 program will be exclusively featured at the two largest gatherings of industry leaders on the East and West coasts of the United States: The WSGR Medical Device Conference on June 17 in San Francisco and The MedTech Conference powered by AdvaMed taking place October 24-26 in Boston.
“We are thrilled to be supporting such innovative teams and companies as they seek to grow their business and drive the next chapter of innovation in Medical Technology,” said Jason Lok, Head of Growth at Figure Equity Solutions.
“Since 2013, MedTech Innovator has helped hundreds of medtech startups to build and grow their businesses, eventually bringing new devices to market to improve patient care and outcomes,” said Paul Grand, founder and CEO of MedTech Innovator. “Our partners and sponsors play an invaluable role by providing mentorship, networking and expertise to our cohort of startups. We are pleased to welcome Figure Equity Solutions to our stellar group of partners and look forward to collaborating with them to support the 2022 cohort of emerging medical device, diagnostics and digital health startups.”
Figure Equity Solutions joins founding sponsors Johnson & Johnson and RCT Ventures, and annual program sponsors NIPRO Medical Corp., Asahi Intecc, American Society for Plastic Surgeons (ASPS), BD, Edwards Lifesciences LLC, Dexcom, Fujikura Ltd., Jabil Healthcare, Olympus Medical Systems Group, W. L. Gore & Associates, Inc., Alira Health, ERI Group, Greenlight Guru, Integrated Computer Solutions (ICS), Medmarc, Medical Technology Enterprise Consortium (MTEC), NAMSA, Oliver Healthcare Packaging, Proxima Clinical Research, Silicon Valley Bank, SMART-TRIAL, Three Bridges Management & Consulting, Velentium, and Veranex. The organization’s industry partners include AdvaMed, Pazanga Health Communications, MedTech Strategist, and Wilson Sonsini Goodrich & Rosati.
About Figure Equity Solutions
Figure Equity Solutions is a one-stop solution for private companies and startups to raise capital, manage equity, and trade shares on a single platform. It is a leading Reg D capital raise platform providing real-time settlement and fully integrated cap table management.
Built for early to late stage companies. Owners can raise capital with the click of button and get exclusive access to a network of 1,000+ investors. Administrators can easily manage equity with automatic updates to their cap tables. Investors and employees have unparalleled access to liquidity.
Over $4.7B in equity has been raised, managed and traded on the industry’s first real-time settlement platform and offers access to an active secondary marketplace. Powered by blockchain, Figure removes friction, and offers efficiency and accuracy.
Figure Equity Solutions can scale with your business, eliminating the need to go to multiple providers for scalable solutions like access to capital, cap table management, data rooms, and secondary liquidity – all on one comprehensive stack.
About MedTech Innovator
Based in Los Angeles, Calif., MedTech Innovator is the largest accelerator of medical device companies in the world and the premier nonprofit startup accelerator in the medical technology industry.[i] Its mission is to improve the lives of patients by accelerating the growth of companies that are transforming the healthcare system. MedTech Innovator matches healthcare industry leaders with innovative early stage and emerging growth medtech companies for mentorship and support.
For more information about MedTech Innovator, visit https://medtechinnovator.org/ and follow @MedTechAwards on Twitter and on LinkedIn. To receive industry insights and highlights about MedTech Innovator’s current and alumni participant companies, subscribe to its monthly newsletter.
[i] Gibbs, M., Johnson, B., Silva, B. A., & Berube, K. (2020, July 10). Q2 2020 Life Science Accelerators Insights Cipher Bio. Retrieved September 15, 2020, from https://www.cipherbio.com/blog/life-science-accelerators-insights/
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