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Prapela

Biddeford, ME

Prapela is an affordable, noninvasive stimulation therapy that improves newborn health. Our focus is on three clinical problems experienced by thousands of newborns every day. Placed inside a hospital bassinet or incubator, our reusable pad provides gentle stimulation that helps improve the natural processes of breathing control and oxygenation. Since receiving our first award in 2017, Prapela has become America's most-awarded pediatric medical device startup. With over $8M in grants (and hopefully more), we are honored and motivated to work with neonatologists, the National Institutes of Health, and the FDA to improve the health of newborns.

prapela.com

Company Details

Founded

2017

Employees

Between 5 - 10 employees

Raised

$8,233,998

Headquarters Location

Biddeford, ME

Public

No

Acquired

No

CEO

John KonsinJohn Konsin

Founders

Jim Niemi
Jim Niemi
David Paydarfar
David Paydarfar
John Konsin
John Konsin

Company Collections

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Prapela Headquarters Location

2 Main Street, Biddeford, ME 04005

Total Amount Raised: $8,233,998

Prapela Funding Rounds

  • Grant

    $3,500,000

    Grant Investors

    National Institutes of Health (NIH)
  • Grant

    $2,500,000

    Grant Investors

    National Institutes of Health (NIH)
  • Grant

    $100,000

    Grant Investors

    MTI (Maine Technology Institute)
  • Non Equity Assistance

    $26,998

    Non Equity Assistance Investors

    US Small Business Administration (SBA)
  • Non Equity Assistance

    $100,000

    Non Equity Assistance Investors

    Southern Maine Planning and Development Commission
  • Grant

    $200,000

    Grant Investors

    Massachusetts Life Sciences Center
  • Grant

    $1,000,000

    Grant Investors

    Ohio Third Frontier
  • Grant

    $25,000

    Grant Investors

    Baylor College of Medicine
  • Grant

    $222,000

    Grant Investors

    National Institute on Drug Abuse (NIDA)
  • Grant

    $200,000

    Grant Investors

    Ohio Third Frontier
  • Convertible Note

    $250,000

    Convertible Note Investors

    Charles H. Hood Foundation
  • Grant

    $10,000

    Grant Investors

    National Institute on Drug Abuse (NIDA)
  • Grant

    $75,000

    Grant Investors

    Johnson & Johnson
  • Grant

    $25,000

Funding info provided by Diffbot.

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