Neptune Medical

Neptune Medical

At-home fertility diagnostics and non-invasive device

Overview

Neptune Medical develops devices and tests to address male infertility. Its two main products are Pro-Test, an at-home diagnostic kit that lets individuals test fertility parameters from home, and Neptune, a non-invasive device designed to improve sperm quality. Pro-Test provides a convenient way to assess fertility without clinic visits, while Neptune uses a proprietary, non-invasive method to enhance key sperm metrics and is intended for home use alongside clinical fertility treatment. The company serves both clinics (B2B) and individual consumers (B2C) and markets its products to help diagnose and treat male infertility, a factor in about half of all infertility cases. Neptune Medical differentiates itself by offering integrated, consumer-accessible diagnostics and treatment tools, backed by grant funding and participation in precision medicine programs, aiming to make diagnosis and treatment more private, accessible, and effective.

About Neptune Medical

Simplify's Rating
Why Neptune Medical is rated
C-
Rated D+ on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Consumer Goods

Company Size

1-10

Company Stage

Series D

Total Funding

$97M

Headquarters

Burlingame, California

Founded

2016

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Simplify's Take

What believers are saying

  • August 2024 brought $97 million, extending runway for development.
  • The company said Dynamic Rigidization underpins commercialization across endoscopy products.
  • Spinout capitalized Jupiter Endovascular, reducing distraction and sharpening execution.

What critics are saying

  • The public Neptune Medical brand is Silicon Valley endoscopy, not male infertility.
  • No recent public evidence proves commercialization, FDA clearance, or revenue traction.
  • Robotics incumbents Olympus, Boston Scientific, and Medtronic can outspend them.

What makes Neptune Medical unique

  • Neptune Medical built Dynamic Rigidization for minimally invasive endoscopy.
  • August 2024 Series D named Olympus and Sonder Capital as backers.
  • The company spun out Jupiter Endovascular, sharpening focus on GI robotics.

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Funding

Total Funding

$97M

Above

Industry Average

Funded Over

0 Rounds

Benefits

401(k) Company Match

Company Equity

Company News

The Robot Report
Oct 4th, 2024
Robotics Investments Near $1B In August

Listen to this articleSwiss-Mile raised $22M in August 2024 for its wheeled quadruped. Fifty producers of robots and robotics enabling technologies received funding in August 2024, pulling in a total of approximately $1 billion. This figure is on par with the $1.2 billion average The Robot Report has tracked each of the previous 12 months. Investment targeted to robotics companies for the first eight months of 2024 equals about $10.86 billion. You can follow The Robot Report‘s investment section here. The largest investments in August were secured by developers of autonomous driving technologies

Business Wire
Aug 17th, 2024
Neptune Medical Announces $97M Series D Financing and Spinout of Jupiter Endovascular

Neptune Medical announces $97 million in Series D financing, along with the spinout of its Jupiter Endovascular subsidiary.

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