Medical Devices & Equipment Company

StomTop Ltd.

8%

Funding Goal $2,000,000
Funding Raised So Far $0
Funding Commitments $150,000
Funding Remaining $1,850,000
Funding Type Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


StomTop patented devices are based on innovative intestinal sealing, are already in human clinical studies, and are addressing a market estimated at $3 billion annually.

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Business Summary


Company Age 2 years, 8 months
Employees 6
Sub-Industry Other Medical Devices & Equipment
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Products/Services


SilTop

StomTop devices are based on a new and innovative concept of internal intestinal sealing instead of adhesion to the abdomen skin. SilTop's unique design provides a leak-proof bag wear experience regardless of stoma or skin conditions, minimizes Peristomal Skin Complications, and enables continuous skincare and treatment while the bag is attached to the stoma.

The device is placed by the ostomate with a user-friendly ergonomic applicator. Placement is clean, easy, and takes less than two minutes (instead of up to one hour with current devices).
SilTop may be replaced everywhere: work, travel, tours, and field conditions - no additional accessories or special environment is required. No more sealant accessories, no messy adhesive placement, and removal. The new devices are designed to be replaced every 2-3 weeks (compared with a twice-weekly and even more in people suffering continuous leaks).

SilTop - our first developed product targets ileostomy patients.

Management


Nurit Eyal
Chief Executive Officer
Nurit Eyal

Senior Life Sciences Executive & Successful Entrepreneur
Nurit Eyal brings over 30 years of experience in senior management positions in the life science industry.
Nurit is a serial entrepreneur who successfully brought a line of products to market and closed strategic partnerships with global corporates. StomTop is her 9th startup. Nurit has held many leading business development roles for international and Israeli companies in the life sciences industry and was the Head of Life Science Investments at 2 VCs.
Nurit is a consultant to the Israeli Innovation Authority, to the Ministry of Economy, and to few European programs.
Nurit holds a Ph.D. from the Weizmann Institute of Science

Kobi Altman
Chief Financial Officer
Kobi Altman

Kobi brings over 25 years of experience in senior financial positions in Israeli and US multi-billion corporates.
- He is a member of the Israeli CFO forum
- One of the first investors in the company
- Served as Executive Vice President and Cheif Financial Officer of ICLGroup (NYSE & TASE: ICL)
- Served in a number of senior management positions in Teva Pharmacuticals (NYSE & TASE: TEVA) in the United States and Israel, the latest as Senior Vice President and CFO of the Global Generic Medicins business.
- Served in financial management positions at Amdocs Ltd (NYSE: DOX)
- Holds a B.A. in Economics and Accounting and an M.A. in Economics from Bar-Ilan University and is a certified public accountant.

Dror Eyal
Chief Technology Officer
Dror Eyal

Senior Pharmaceutical Engineering Executive
Dror has over 30 years of experience in the Biopharmaceutical and Medical Devices Industries. He is specializing in biotech process development, scale-up, manufacturing, and systems engineering & Integration. He served in development and manufacturing executive positions in several pharmaceutical companies, including BTG, Biorest, Valin; in Specsoft, a company that developed CAD tools for the batch process industry; and as a consultant to pharmaceutical and medical devices companies in Israel and abroad.
Dror is an entrepreneur and serial inventor who holds a couple of patents. He is also a technology developer with proven records in many successful projects.

Miki Sahar
Director Quality Assurance
Miki Sahar

Miki has over 25 years of experience in the field of quality management and regulation, including the establishment of quality systems in Medical Devices companies such as Althera Medical Ltd, FlowMedic, Elan Medical Technologies and others. Miki served also as an Auditor and Project Manager, KEMA Quality B.V. (Dutch Notified Body)
He holds B.Sc. in Aeronautical Engineer from the Technion, M.Sc. In Medical Engineering from Tel Aviv University and an MBA from Manchester University

Malca Chen Zion
Director Physician/Medical Officer
Malca Chen Zion

Malca brings over 25 years of experience in the fields of regulation and clinical studies management in medical devices companies, including companies such as Neurovision Optonol, TopSpin, and more.
She holds a Ph.D. from Bar Ilan University.

Omer Shezifi
Chief Engineering
Omer Shezifi

Omer brings 25 years of experience in developing Medical Devices in the fields of Cardio-vascular, Surgical and Endoscopic Devices as an inventor and manager. Omer has more than 20 patents and multi-disciplinary experience ranging from characterization and design, through development, production, clinical studies, regulation, and business development. Omer has held key positions in companies such as Gals Bio Ltd, EndoAid, ARAN Research & Development Ltd., Stryker GI, SightLine Technologies Ltd, and more.
He holds B.Sc. In Mechanical Engineering from the Technion and M.S. Engineering Management from Tufts University, MA, U.S.A.

Investors/Lenders


Individual Investor
Nurit Eyal

Senior Life Sciences Executive & Successful Entrepreneur

Amount
Investment Type
Investment Round
Investment Date
Individual Investor
Dror Eyal

Senior Pharmaceutical Engineering Executive

Amount
Investment Type
Investment Round
Investment Date
Individual Investor
Altman Family

Financial Expert
Chief Financial Officer in international corporate

Amount
Investment Type
Investment Round
Investment Date
Individual Investor
Moshe Eyal

Ostomate over 60 years
Geology Professor

Amount
Investment Type
Investment Round
Investment Date
Angel Group
PipelBiz

Investor Community

Amount
Investment Type
Investment Round
Investment Date

8%

Funding Goal $2,000,000
Funding Raised So Far $0
Funding Commitments $150,000
Funding Remaining $1,850,000
Funding Type Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents


Contact


StomTop Ltd.

Nes-Ziona, 7403319, Israel

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