Kyra Medical

What Kyra Medical does

Kyra Medical, Inc. is a privately held Delaware-incorporated medical device company headquartered in Northborough, Massachusetts, founded in 2016 and operating with 11-50 employees. The company is described as specializing in surgical patient positioning within the medical disposable positioning products market, with its core product being a prototype surgical device that automates IV bag switching during medical procedures. The device was developed through a documented collaboration with Auburn University's industrial design and engineering program and demonstrated publicly at the AORN conference in 2025.

The company's underlying technology centers on a novel method architecture for automating IV bag changes, intended to reduce manual intervention and improve surgical efficiency. No patents, trademarks, regulatory clearances, certifications, awards, named customers, or pricing information are publicly disclosed, and the product is still characterized as a prototype, indicating the company remains in a pre-commercial or early-commercial phase. Distribution and marketing channels are not specified in available sources, so the go-to-market motion is not yet visible.

From a revenue mechanics perspective, Kyra has financed operations through a series of SEC exempt securities offerings under Rule 506(b), with at least eight rounds recorded between 2017 and 2024 totaling approximately $4.5 million. Investors, valuations, and lead backers are undisclosed. The company's vertical customer segmentation approach is documented but the specific segments and customers are not. Management comprises co-founders Howard Miller (President & CEO), Jesse Drake (COO), and Tom Skripps (CTO), alongside Chris Green (Managing Director & CEO) and Director Justin McCarthy, with no broader management team details publicly available.

Name

Kyra Medical

Legal name

Kyra Medical, Inc.

Website

https://kyramedical.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Kyra Medical is a private Delaware-incorporated medical device company headquartered in Northborough, Massachusetts, developing a prototype surgical device that automates IV bag switching. The company, founded in 2016, operates in the surgical patient positioning market and has collaborated with Auburn University on product development.

Ownership category

akta.pro rank

Product category

Surgical Medical Devices

NAICS

Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112), Medical Equipment and Supplies Manufacturing (3391)

SIC

Surgical & Medical Instruments & Apparatus (3841), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS) (HLAHADAA)

Keywords

• Surgical medical devices
• Patient positioning equipment
• Intravenous bag switching
• Surgical disposables
• Operating room devices

Headquarters

HQ city

Northborough

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Core offering

Kyra Medical develops and manufactures medical devices for surgical patient positioning. Its primary in-development product is a surgical IV bag switching device prototype that automates manual IV bag changes during medical procedures, designed to enhance surgical efficiency and reduce manual intervention by clinical staff.

Product overview

Kyra Medical is a healthcare technology company specializing in surgical devices. Based on available sources, the company's primary product offering includes a surgical IV bag switching device developed through collaboration with Auburn University. The company operates in the medical disposable positioning products market sector and has filed SEC Form D documents for exempt securities offerings in 2023 and 2024.

Differentiator

Problem solved

Functional benefit

Products and services

• Surgical IV Bag Switching Device A surgical device prototype that automates IV bag switching during medical procedures, intended for use by surgical teams in operating rooms to enhance surgical efficiency and reduce manual intervention.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Auburn UniversitycoreStrategic or Co-development Partner · 1 January 2025Students from Auburn University's industrial design and engineering program collaborated with KYRA Medical to develop a surgical device prototype that automates IV bag switching. The project involved extensive iterative design and prototyping, culminating in a functional device demonstrated at the AORN conference. This represents a university-industry partnership focused on medical device innovation.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• ICU Medical: Manufacturer of IV therapy, critical care, and infusion systems, including the Smiths Medical portfolio. Comparable because it serves the same perioperative IV workflow that Kyra's automated switching device targets.
• Stryker: Major surgical equipment and OR solutions company with positioning, surgical instruments, and integrated OR offerings. Comparable as an OR-equipment incumbent whose portfolio includes the same perioperative workflow Kyra serves.
• B. Braun Medical: Major supplier of IV therapy, infusion pumps, and disposable medical products used in surgical and clinical settings. Direct overlap with Kyra's IV bag use case, though from a broad-portfolio incumbent perspective.
• Baxter International: Global medical device leader with a large IV therapy and infusion systems portfolio. Highly comparable as an incumbent supplier of IV-related products to hospitals, though its scale and breadth dwarf Kyra's focused automation play.
• BD (Becton, Dickinson and Company): Large medical technology company with a meaningful presence in IV management, infusion, and surgical/OR products. Comparable as a broad incumbent serving the same hospital perioperative workflows Kyra is targeting.
• Allen Medical (a Hillrom / Baxter brand): Specializes in surgical patient positioning and OR accessory equipment. Highly comparable because Kyra's positioning category overlaps Allen Medical's core offering, though Allen is a far larger established supplier.

Others

• Cardinal Health: Major medical products distributor supplying hospitals with surgical and IV consumables. Comparable as the type of distribution and channel partner Kyra would likely need to reach hospital customers at scale.

Regional players

• Mölnlycke Health Care: Supplies surgical and OR solutions including patient positioning and perioperative equipment, with strong presence in Europe and growing U.S. footprint. Comparable as a positioning-focused OR supplier, though its geographic mix differs from Kyra's U.S.-centric base.

Emerging players

• Vicarious Surgical: Early-stage surgical robotics and OR automation company. Comparable as an emerging small company developing novel OR technology, though its robotics focus differs in modality from Kyra's accessory-automation approach.
• InfuTronix (now Eitan Medical): Develops advanced infusion and IV delivery technologies for clinical and surgical settings. Comparable as a smaller, innovation-oriented player focused on improving IV therapy delivery, similar in stage and niche focus to Kyra.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/kyra_medical

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds8 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kyra Medical