Revelle Aesthetics

Industry
Medical Devices
Founded Year
2018
Headquarters
2570 W El Camino Real, Suite 310, Mountain View, California, 94040, United States
Employee Count
24

Key People

  • Caroline Van Hove - President & CEO
  • Jonathan Podmore - Co-Founder & CTO
  • Earl Bright - Founder and Chief Administrative Officer
  • Nguyen Nguyen - Chief Financial Officer
  • Jacque Sanine - VP, Operations

Assessment

Team
Aspect: Multiple successful MedTech entrepreneurs
Summary: The leadership team comprises experienced professionals with backgrounds in medical devices and aesthetics.

The leadership team includes individuals with significant experience in the medical device and aesthetics industries, enhancing the company's potential for success.

Clinical Need
Aspect: Very Strong
Summary: Cellulite affects a large percentage of women, creating a substantial market need.

With 80-90% of women experiencing cellulite, there is a significant demand for effective treatments, presenting a strong market opportunity for Revelle Aesthetics.

Competition
Aspect: Somewhat crowded
Summary: The cellulite treatment market has multiple existing solutions.

The market for cellulite treatments includes various products and procedures, making it somewhat crowded. Revelle Aesthetics will need to clearly differentiate its offerings to capture market share.

Technical Challenge
Aspect: Moderate
Summary: Developing effective cellulite treatments involves moderate technical challenges.

Creating a device that effectively reduces cellulite requires addressing moderate technical challenges, including ensuring safety, efficacy, and user satisfaction.

Patent
Aspect: Strong
Summary: The company holds multiple patents in the medical device field.

Holding multiple patents provides Revelle Aesthetics with a competitive edge by protecting its innovations and potentially preventing competitors from entering the same market space.

Financing
Aspect: Well-funded
Summary: The company has secured significant funding from reputable investors.

With total funding of $120M from investors like New Enterprise Associates and KCK MedTech, Revelle Aesthetics is well-positioned financially to support its product development and market entry strategies.

Regulatory
Aspect: 510k/PMA
Summary: The company's device has received FDA clearance.

Achieving FDA clearance for the Avli device allows Revelle Aesthetics to market its product in the U.S., a critical step for commercial success.

Opportunity Rollup

Odds of Success
3.6
Peak Market Share
4.6
Segment CAGR
6.3%
Market Segment
Aesthetic Devices
Market Sub Segment
Cellulite Treatment Devices
Year Post Launch Market Penetration (%)
1 0.23
2 0.69
3 1.61
4 3.22
5 4.60

Key Takeaway

Revelle Aesthetics is well-positioned in the growing aesthetic devices market, addressing a significant clinical need with strong leadership and financial backing.