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)
Type
Private
HQ
London, GB
Founded
1996
Size (employees)
430 (est)-12%
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
Show all (8)

The Foundry Data and Metrics

Summary Metrics

Founding Date

1996

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.
GBP

Revenue (FY, 2015)

31.3 m

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

17%

Gross profit (FY, 2015)

30.8 m

Gross profit margin (FY, 2015), %

99%

Net income (FY, 2015)

4.7 m

Cash (31-Dec-2015)

4.2 m
GBPFY, 2013FY, 2014FY, 2015

Revenue

20.3 m26.6 m31.3 m

Revenue growth, %

31%17%

Cost of goods sold

308.6 k360 k452 k

Gross profit

20 m26.3 m30.8 m

Gross profit Margin, %

98%99%99%

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

Cash

379.5 k1 m4.2 m

Accounts Receivable

5.5 m7 m8.4 m

Current Assets

17.7 m26.1 m35.7 m

PP&E

5.3 m6.1 m4.8 m

Goodwill

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

Total Liabilities

7.9 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

Traffic Overview of The Foundry

The Foundry Online and Social Media Presence

The Foundry News and Updates

The FTSE 100 is having a horrible day

LONDON — Britain's FTSE 100 is having its worst day in two months on Tuesday, as investors return to work following the long Easter weekend. Soon before 12.00 p.m. BST (7.00 a.m. ET) the FTSE is down by close to 1.6% to trade at 7,211, dragged lower by a stronger pound and t…

Futurists want to transform Black Mirror’s dystopia into something better

Netflilx’s Black Mirror has the tech world worried about the dystopian future that the science fiction show depicts. To counter that, a group of futurists, creators, and hackers are gathering in Los Angeles to envision a “White Mirror,” or a society where technology can inspire us instead. About 100…

How computing will change amid challenges to Moore’s Law

 We are in the midst of a true inflection point in computing and the very way we interface with technology daily is changing. The rapid inclusion of embedded sensors and internet connectivity is turning most of the appliances we use into “smart devices” that can respond to our voice commands, while …

Is believing in Moore’s Law science or religion?

Intel was quiet about its technological advances for a while, and that made people wonder if Moore’s Law was slowing down. In 1965, Intel chairman emeritus Gordon Moore predicted that the number of transistors on a chip will double every year, and that prediction has held true. And by living up to t…

Analyst backs Intel’s claim that Moore’s Law isn’t slowing

In the past couple of years, there were a lot of stories about how Moore’s Law was slowing down. That was a reason for financial panic, as it suggested that technological progress was slowing and that the global economy could suffer as a result. Only it wasn’t really true. Gordon Moore, Intel’s chai…

Intel will depend on rivals like ARM for its contract chip manufacturing business

Intel’s push into the foundry business, or making chips for other companies, is increasingly taking it into the arms of traditional rivals. The world’s biggest chip maker can invest as much as $10 billion in a single chip factory, and it has a vested interest in making sure that the factories stay f…
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The Foundry Company Life and Culture

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