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

Who backs Compact Medical?

13 investors
InvestorType
US National Science FoundationOther
gBETAOther
Purdue Research FoundationOther
Brad Bopp—
Eunice Kennedy Shriver National Institute of Child Health and Human Development—
Howard Balkenbusch—
Jennifer Diagostino—
Joseph Merrell—
Lowell Davis—
Southwest National Pediatric Device Innovation Consortium—
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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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