Compact Medical

Indianapolis, IN · Founded 2016 · Privately Held (backing)

Developer of a medical bag-valve-mask designed to assist patients with emergency breathing issues. Compact Medical is based in Indianapolis, IN and was founded in 2016. Its last reported valuation was $10 million in Sep 2025. It has raised $3.1 million across 2 recorded rounds; the latest was a $685,000 debt round in Nov 2023.

Last reported valuation
$10.0M
Oct 2026
Priced at
—
Total raised
$3.1M
Last round
Debt
Nov 2023
How much has Compact Medical raised?
$3.1Macross 2 recorded rounds · Sep 2020 – Nov 2023

Most recently, Compact Medical raised $685K in its Debt (Nov 2023).

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Compact Medical round by round

2 rounds
Nov 2023Debt$685KSEC filing▮
7 investors participated
Sep 2020Debt$1.2MSEC filing▮
18 investors participated

How much has Compact Medical raised?

Compact Medical has raised $3.1 million in total; 2 of its rounds are on record. The largest on record was a $685,000 debt round in Nov 2023.

Compact Medical has filed 4 Form Ds with the SEC since 2021, most recently in Sep 2025 ($199,999 sold to 2 investors).

Compact Medical investors

13 investors are on record for Compact Medical, including US National Science Foundation, gBETA, Purdue Research Foundation and Brad Bopp. The debt round in Nov 2023 drew 7 investors.

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13 investors have backed Compact Medical.

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Frequently asked about Compact Medical

How much has Compact Medical raised?
Compact Medical has raised $3.1M in total across 2 recorded funding rounds.
When was Compact Medical's last funding round?
Compact Medical's most recent recorded round was Debt in Nov 2023, raising $685K.