Vote Convexity Scientific
Convexity Scientific, Inc.
City/Town where Organization Located
Company/organization description (<500 characters)
Convexity Scientific is a commercial-stage Medtech startup dedicated to Empowering Healthier Lives for sufferers of chronic respiratory conditions through the application of consumer-focused design in medical devices and software. Our first product is Flyp, a FDA cleared pocket-portable nebulizer allowing convenient breathing treatments for patients.
Tell us about the milestones your venture accomplished in 2019, eg., key team members added, revenue level achieved, major sales made or endorsements received, successful exit, etc... (<500 characters)
2019 was a year with several important milestones. In January, the company began a commercial pilot offering Flyp Nebulizer in CVS HealthHUBs in Texas - a program which has since expanded to hundreds of locations nationwide. In September, we successfully closed a Series B with a total round size of $14M lead by HighCape Capital (NYC) and Connecticut Innovations. We launched the second generation Flyp in November, and expanded our marketing to reach $1M in our first full year of sales. In December, Convexity acquired New Haven-based digital health startup Wellinks and welcomed CEO Ellen Su onboard as our Chief Product Officer.
Stage: Does your venture generate revenue? YES or NO
What CT entrepreneur ecosystem resources (spaces, programs, events, schools, etc.) have helped you succeed? (<500 characters)
Connecticut entrepreneur resources and ecosystem partners have been cornerstone to our growth. Connecticut Innovations has been with us as a leader in Pre-Seed, Series A and B; CI has also helped operationally through board leadership and EIR support. Convexity and our investors have benefitted from the CT Angel Tax Credit.
We participated in the 2019 cohort of the CTNext Mentor Network. In the summer of 2019 we participated in the CTC Technology Talent Bridge program and welcomed two interns from Sacred Heart University and UConn. Our President, Geoff, volunteers on the Board of Directors of Launc[H]artford and on the advisory board of Digital Health CT in Hartford.
What people are saying about Convexity Scientific ...
Convexity Scientific is the maker of Flyp Nebulizer and is headquartered in Fairfield. In 2019, the company launched the second generation of their game-changing device and tripled annual sales over the prior year. Convexity closed a Series B financing in September with a total round value of $14 million from regional VC firms. Andrew Slaiby