The Foundry

The Foundry, LLC is the premier medical device company incubator. The company works with inventors to rapidly transform their concepts into companies by providing an incomparable combination of leadership, an experienced, multi-disciplinary team, a state-of-the-art facility and an extensive funding network. The Foundry Team is comprised of veteran medical device entrepreneurs and investors with real world experience and success in developing world class medical device companies.
Company Growth (employees)
London, GB
Size (employees)
328 (est)+2%
The Foundry was founded in 1996 and is headquartered in London, GB

Key People at The Foundry

Hanson Gifford

Hanson Gifford

President & CEO

The Foundry Office Locations

The Foundry has offices in London, Manchester, Los Angeles, Redwood City and in 4 other locations
London, GB (HQ)
5 Golden Square
Dublin, IE
Ormond Building Ormond Quay Upper
Austin, US
3300 N Interstate Hwy 35
Redwood City, US
100 399 Bradford St
Los Angeles, US
618 Hampton Dr
Manchester, GB
53 Fountain St

The Foundry Data and Metrics

Summary Metrics

Founding Date


The Foundry Financial Metrics

The Foundry's revenue was reported to be £31.3 m in FY, 2015 which is a 17% increase from the previous period.

Revenue (FY, 2015)

31.3 m

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

30.8 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

4.7 m

Cash (31-Dec-2015)

4.2 m
GBPFY, 2013FY, 2014FY, 2015


20.3 m26.6 m31.3 m

Revenue growth, %


Cost of goods sold

308.6 k360 k452 k

Gross profit

20 m26.3 m30.8 m

Gross profit Margin, %


Operating expense total

16.2 m20.1 m26.1 m

Pre tax profit

3.9 m6.2 m4.8 m

Net Income

4 m6 m4.7 m
GBPFY, 2013FY, 2014FY, 2015


379.5 k1 m4.2 m

Accounts Receivable

5.5 m7 m8.4 m

Current Assets

17.7 m26.1 m35.7 m


5.3 m6.1 m4.8 m


99.9 k939 k1.6 m

Total Assets

23.1 m33.1 m42.1 m

Accounts Payable

423 k811 k575 k

Current Liabilities

7.8 m11.8 m16 m

Retained Earnings

4 m6 m4.7 m

Total Equity

15.2 m21.4 m26.1 m

Financial Leverage

1.5 x1.6 x1.6 x
GBPFY, 2013FY, 2014FY, 2015

Income Taxes Paid

100.9 k(259 k)(39 k)
Y, 2015

Financial Leverage

1.6 x

The Foundry Online and Social Media Presence

The Foundry News and Updates

The Foundry Company Life and Culture

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