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Invuity

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Healthcaremedical devicessurgical solutionsvisual

Invuity is a medical technology company focused on pioneering the use of advanced photonics to provide surgeons with improved direct visualization of surgical cavities during open minimally invasive and minimal access procedures. The Company's patented Intelligent Photonics technology enables superior illumination and visualization and is designed to overcome the significant limitations of traditional surgical lighting options in the operating room.

Invuity's patented Intelligent Photonics is integrated into the Company's single-use and reusable advanced surgical devices to address some of the critical intracavity illumination and visualization challenges facing surgeons today. These devices utilize Invuity's proprietary optical waveguide technology to direct and shape thermally cool, brilliant light into broad, uniform and volumetric illumination of the surgical target.

Revenue(FY, 2017)
$39.6 M

Employee Rating

3.3More
TypeSubsidiary
Parent CompanyStryker
HQSan Francisco, CA, US
Founded2004
Websiteinvuity.com
Cybersecurity ratingAMore
Invuity was founded in 2004 and is headquartered in San Francisco, CA, US

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Key People/Management at Invuity

Scott Flora

Scott Flora

Interim President and Chief Executive Officer
James H. Mackaness

James H. Mackaness

CFO
Doug Heigel

Doug Heigel

Senior Vice President of Operations
Steve Annen

Steve Annen

Vice President of Product Management and Strategy
Sham Shiblaq

Sham Shiblaq

Vice President of Commercial Operations
Lauren Budesheim

Lauren Budesheim

Senior Director, Human Resources
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Invuity Office Locations

Invuity has offices in San Francisco, Baltimore, Boise, Dallas and in 8 other locations
San Francisco, CA, US (HQ)
444 De Haro St, San Francisco
Baltimore, MD, US
Baltimore, MD, USA
Boise, ID, US
Boise, ID, USA
Dallas, TX, US
Dallas, TX, USA
Grand Rapids, MI, US
Grand Rapids, MI, USA
Knoxville, TN, US
Knoxville, TN, USA
Show all (12)

Invuity Financials and Metrics

Summary Metrics

Founding Date

2004

Total Funding

$180.6 m

Investors

Kleiner Perkins, InterWest Partners, HealthCare Royalty Partners, Valence Life Sciences, Wexford Capital
In total, Invuity had raised $180.6 m. Invuity is a subsidiary of Stryker

Invuity Revenue

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Invuity's revenue was reported to be $39.62 m in FY, 2017 which is a 22.1% increase from the previous period.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

21.0m32.5m39.6m

Revenue growth, %

54%22%

Cost of goods sold

7.7m8.8m11.7m

Gross profit

13.3m23.6m27.9m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

4.7m5.6m6.4m8.2m8.5m9.0m9.8m9.6m9.5m10.5m

Cost of goods sold

1.9m2.0m2.1m2.1m2.2m2.1m3.0m2.9m2.9m4.1m

Gross profit

2.8m3.6m4.3m6.1m6.3m6.9m6.8m6.7m6.6m6.4m

Gross profit Margin, %

59%64%67%75%74%77%69%70%69%61%
show all
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

46.3m28.3m18.0m

Accounts Receivable

3.6m5.8m7.4m

Prepaid Expenses

1.3m

Inventories

923.0k1.1m7.4m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

65.8m54.0m33.9m25.5m47.7m25.0m16.8m24.3m29.5m15.3m

Accounts Receivable

3.2m3.3m4.1m4.5m5.1m6.1m5.6m6.2m6.3m6.7m

Prepaid Expenses

1.1m1.4m782.0k572.0k952.0k835.0k702.0k1.6m1.1m1.6m

Inventories

4.8m4.9m5.6m5.5m5.1m5.9m5.6m6.5m8.7m8.5m
show all
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(37.6m)(40.6m)(39.9m)

Depreciation and Amortization

1.7m2.0m2.0m

Inventories

1.6m130.0k(2.4m)

Accounts Payable

1.3m(284.0k)1.4m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(18.4m)(27.5m)(12.1m)(22.2m)(31.1m)(13.2m)(23.6m)(32.5m)(11.2m)(20.1m)

Depreciation and Amortization

819.0k1.3m484.0k972.0k1.5m497.0k1.0m1.5m365.0k748.0k

Inventories

(555.0k)(611.0k)(393.0k)(268.0k)61.0k(861.0k)(508.0k)(1.4m)(1.3m)(1.1m)

Accounts Payable

131.0k30.0k(650.0k)(129.0k)327.0k1.1m716.0k1.3m(388.0k)(131.0k)
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USDQ2, 2015

Financial Leverage

1.4 x
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Invuity Operating Metrics

Q4, 2015Q4, 2016FY, 2016

Customers

530 745

Facilities

1

Products

40

Trademarks

38
Show all operating metrics

Invuity Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

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Invuity Online and Social Media Presence

Invuity's Trends

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Invuity News and Updates

September 20, 2018

WeissLaw LLP Investigates Invuity, Inc. Acquisition

NEW YORK, Sept. 20, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Invuity, Inc. ("IVTY" or the "Company") (NASDAQ: IVTY) in connection with the proposed acquisition of the Company by Stryker...
September 13, 2018

RM LAW Announces Investigation of Invuity, Inc.

BERWYN, Pa., Sept. 13, 2018 /PRNewswire/ -- RM LAW, P.C. is investigating potential claims against the board of directors of Invuity, Inc. ("Invuity" or the "Company") (NASDAQ: IVTY) concerning possible breaches of fiduciary duty and other violations of law related to the Company's...
September 12, 2018

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Invuity, Inc. - IVTY

NEW YORK, Sept. 12, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Invuity, Inc. ("Invuity" or the "Company") (NasdaqGM: IVTY)...
September 11, 2018

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Invuity, Inc.

NEW YORK, Sept. 11, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Invuity, Inc. (NASDAQ: IVTY) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Stryker Corporation. Stockholders will receive...
September 11, 2018

Invuity (IVTY) Alert: Johnson Fistel Investigates Proposed Sale of Invuity, Inc.; Is $ $7.40 a Fair Price?

SAN DIEGO, Sept. 11, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Invuity, Inc. (NASDAQ: IVTY) ("Invuity") breached their fiduciary duties in connection with the proposed sale of the Company to Stryker ...
September 11, 2018

Invuity Announces Definitive Agreement to Be Acquired by Stryker Corporation for $7.40 Per Share in Cash

SAN FRANCISCO, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Invuity, Inc. (NASDAQ: IVTY), a leading medical technology company focused on advanced surgical devices to enable better visualization, today announced it has entered into a definitive agreement with Stryker Corporation (NYSE:SYK), pursuant to whic…
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 Invuity Frequently Asked Questions

  • When was Invuity founded?

    Invuity was founded in 2004.

  • Who are Invuity key executives?

    Invuity's key executives are Scott Flora, James H. Mackaness and Doug Heigel.

  • How many employees does Invuity have?

    Invuity has 161 employees.

  • What is Invuity revenue?

    Latest Invuity annual revenue is $39.6 m.

  • What is Invuity revenue per employee?

    Latest Invuity revenue per employee is $246.1 k.

  • Who are Invuity competitors?

    Competitors of Invuity include Inspiration Healthcare Group, Arthrex and ConvaTec.

  • Where is Invuity headquarters?

    Invuity headquarters is located at 444 De Haro St, San Francisco, San Francisco.

  • Where are Invuity offices?

    Invuity has offices in San Francisco, Baltimore, Boise, Dallas and in 8 other locations.

  • How many offices does Invuity have?

    Invuity has 12 offices.