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.