Company Profile (AI Text) Name: EndoSound Canonical URL: https://wefunder.com/endosound Updated at: 2026-06-07T03:04:28Z Tagline: Advancing Access to High-Impact Endoscopic Ultrasound in GI Key claims: - Total raised on Wefunder: 1705326 | citation: https://wefunder.com/endosound#claim-total-raised - Total investors: 548 | citation: https://wefunder.com/endosound#claim-total-investors Verified facts: - Total raised on Wefunder: 1705326 | observed_at: 2026-06-07T03:04:28Z | expires_at: 2026-06-08T03:04:28Z - Total investors: 548 | observed_at: 2026-06-07T03:04:28Z | expires_at: 2026-06-08T03:04:28Z Computed metrics: - total_amount_raised: 1705326 - total_investors: 548 - team_size: 5 - featured_investor_count: 6 - faq_count: 5 - recent_post_count: 10 Quick facts: - FDA Breakthrough Device and FDA cleared. 1000+ procedures performed with a 95%+ clinical acceptance | citation: https://wefunder.com/endosound#claim-fact-1 - Co-Founder & CTO, sold last company MicroConnex, to Carlisle Interconnect Technologies | citation: https://wefunder.com/endosound#claim-fact-2 - Raised $12M+ to date from GeoMedTech, AGA GI Fund, strategic partners, and founders | citation: https://wefunder.com/endosound#claim-fact-3 - Hybrid go-to-market model: $60K system sale + $650 recurring revenue | citation: https://wefunder.com/endosound#claim-fact-4 - Major GI Company paid $5M for licensing agreement | citation: https://wefunder.com/endosound#claim-fact-5 - Significant IP with 10 awarded patents and 10 patent pending | citation: https://wefunder.com/endosound#claim-fact-6 - GI Innovation of the Year 2022 - American Society for Gastrointestinal Endoscopy (ASGE) | citation: https://wefunder.com/endosound#claim-fact-7 - Expanding into a $20.1B global market across gastrointestinal diagnostics and echo-endoscopy | citation: https://wefunder.com/endosound#claim-fact-8 Investor memos: - Kingscrowd Capital: https://wefunder.com/memos/feed/185311-endosound-investment-memo | citation: https://wefunder.com/endosound#claim-investor-memo-1 FAQ: - Q: what type of investment is this? equity? interest only investment? any financial details would be helpful A: Thank you for your interest in EndoSound. This is a convertible note. https://help.wefunder.com/#/contract/295251-convertible-note Once you click the reserve button, the terms of the convertible note can be found on the right-hand side. Here is a link: https://wefunder.com/endosound/invest Should you have any additional questions, please do not hesitate to reach out. The EndoSound Team - Q: Hello Josh, I'm not particularly worried about your Debt Ratio of 199% at this stage of the company's lifecycle, just because with a Cash to Assets ratio of 47%, and future positive returns, the Debt Ratio can eventually be slashed down over time and eventually paid off with i... A: Great question—happy to clarify. The reported 80% gross margin includes licensing revenue. When isolating product sales and excluding non-cash items like depreciation, as well as warranty reserves and inventory write-offs, our 2024 product gross margin was approximately 68%. Last year’s gross margin was impacted by early-stage commercialization factors, including lower purchasing volumes, higher inbound shipping costs, and the operational dynamics typical of a company in its first year of rev... - Q: SHARE PRICE A: Since this is a convertible note, there isn’t a fixed share price at the time of investment. Instead, the investment will convert into equity during a Series B round—it will be at a 20% discount to that round’s share price or at a valuation cap of $45M, whichever provides the better conversion terms. - Q: I am a pulmonologist, and I am familiar with EBUS. It appears that your device is a disposable product. What is the cost of the product, and is this a reimbursable expense to the endoscopy suite? Does Medicare recognized the importance of EBUS and reimburse enough to cover the... A: Hi Howard, Thanks for your thoughtful question. While our platform is currently focused on GI applications, we are actively exploring EBUS as a potential addition to our portfolio and have already conducted some early technical feasibility work. To clarify our design: our system features a reusable ultrasound transducer (with no working channels), paired with a single-use device that connects the transducer to the endoscope and controls the needle—eliminating the need for an elevator mechanis... - Q: Hi EndoSound Team, I’m Zac Stahlhut with D3VC, a venture fund specializing in investment crowdfunding. Our team is conducting its due diligence and has two follow-up questions regarding the clinical application of your technology. First, your materials highlight a significant ... A: Hi Zac- I’m Steve Steinberg, co-founder and Chief Medical Officer for EndoSound. Thanks for your insightful questions: 1. Diagnostic Timeline: a. Abdominal Pain and Dyspepsia: 25 years ago, Anand Sahai and a group of equally prominent luminaries in EUS demonstrated a 40% “find” rate when endoscopic ultrasound was added to a traditional upper endoscopic exam (EGD)—conditions that would not have been discovered with the standard EGD alone. (EUS to detect evidence of pancreatic disease in patien... Recent posts: - EndoSound®: We Are Live! (2026-06-03T14:23:46Z) https://wefunder.com/feed/328264 - The EVS Gen 2: “Way easier. Very easy to maneuver. Image is great." (2026-05-19T15:34:18Z) https://wefunder.com/feed/323611 - The EndoSound Vision System Generation 2 is here (2026-05-12T18:05:58Z) https://wefunder.com/feed/320462 - Busy past few days... (2026-05-06T14:47:25Z) https://wefunder.com/feed/317623 - Thank you from all of us at EndoSound! (2025-11-13T16:26:36Z) https://wefunder.com/feed/220159 - Less than 10 hours to go to invest... (2025-11-10T19:19:57Z) https://wefunder.com/feed/219114 - Most Raised again this week! Just a little more to go... (2025-11-06T15:55:17Z) https://wefunder.com/feed/217023 - 🚀 Milestone Alert: New Country. New Physician. Two Hospitals. One Day. (2025-11-05T19:38:25Z) https://wefunder.com/feed/216701 - Closing Soon: Just days to go in the community raise! (2025-10-30T16:11:07Z) https://wefunder.com/feed/213953 - Out in the field, spreading the word... (2025-10-29T16:19:40Z) https://wefunder.com/feed/213396