What Intermed Labs does

Intermed Labs is a MedTech venture studio founded in September 2020 and headquartered in Morgantown, West Virginia. The company partners with health systems, clinicians, and founders to identify unmet clinical needs and co-invest in the development of Class I medical devices and digital health solutions, providing end-to-end services from clinical need discovery and feasibility analysis through prototyping, regulatory planning, validation, and commercialization readiness. Its portfolio spans roughly 11 active development ventures (including SIGMA, InTract, CricKey, Kneedle, Octopus, Catheter Pressure, AMI EKG Reading, Ureteroscope Pressure, LeadLock, RetrieV, and Malleous) and four spun-out companies (Moodr Health, Fingy3D, Snaps Eye Shield, and Endolumik), with one confirmed successful commercial exit achieved through the Mon Health partnership in May 2023.

The studio's technology base is anchored in surgical and interventional medical devices, notably the patented RetrieV Suture Passer System for arthroscopy, the SIGMA single-port robotic surgery accessory, and a spatial arthroscopy platform that overlays live surgical feeds in a surgeon's line of sight using Apple Vision Pro mixed reality headsets. It has also extended into neurosurgery through the Malleous flexible retractor (with the University of Pittsburgh) and LeadLock for deep brain stimulation (with Marshall University). Key technical integrations include Apple Vision Pro mixed reality hardware for surgical visualization.

Intermed Labs' business model combines a venture studio co-investment approach (taking equity or partnership stakes in the ventures it builds) with longer-term health system partnership services and, upon commercialization, licensing and royalty streams from individual portfolio products. Its go-to-market is sales-led and built on direct, long-term enterprise relationships with regional health systems rather than transactional vendor sales, with Vandalia Health serving as the flagship partner (17 hospitals, 190+ outpatient sites) and Marshall Health Network as a core academic partner. Pricing is not publicly disclosed, and revenue is reported as not publicly disclosed.

Name

Intermed Labs

Legal name

Intermed Labs

Website

https://intermedlabs.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Intermed Labs is a MedTech venture studio founded in 2020 in Morgantown, WV that partners with health systems, clinicians, and founders to co-invest in and develop Class I medical devices and digital health solutions, managing a portfolio of 10+ active ventures and four spun-out companies.

Ownership category

akta.pro rank

Headquarters

HQ city

Morgantown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Venture Studio / Co-Investment Model: Intermed Labs co-invests in promising MedTech ideas alongside health systems and founders, providing technical expertise, regulatory planning, and commercialization support in exchange for equity or partnership stakes in the ventures they build.
2. Health System Partnership Services: Long-term partnerships with health systems to identify unmet needs, support clinician innovators, and translate promising ideas into scalable solutions. Focus on operational fit, adoption readiness, and long-term value.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Intermed Labs is a MedTech venture studio that partners with clinicians, founders, and health systems to design, validate, and commercialize Class I medical devices and digital health solutions. The company co-invests in promising clinical ideas, provides prototyping, regulatory planning, and go-to-market support, and operates a portfolio of active development ventures alongside spun-out healthcare companies.

Product overview

Intermed Labs is a MedTech venture studio that operates as a multi-product portfolio company rather than a single unified product platform. The company builds healthcare products across the development spectrum from early-stage concepts through operational ventures and successful spin-outs. Their portfolio includes approximately 11 active development products (SIGMA, InTract, CricKey, Kneedle, Octopus, Catheter Pressure, AMI EKG Reading, Ureteroscope Pressure, LeadLock, RetrieV, and Malleous) focused on surgical devices, medical instruments, and healthcare software solutions. Additionally, four ventures have been spun out as independent operational companies (Moodr Health, Fingy3D, Snaps Eye Shield, and Endolumik). The company also developed spatial arthroscopy technology using Apple Vision Pro for surgical visualization. Core service offerings include clinical need discovery, product/workflow design, prototyping, technical development, validation, regulatory planning support, and commercialization/go-to-market readiness.

Differentiator

Problem solved

Functional benefit

Products and services

• SIGMA A surgical device that enhances single-port robotic surgery by enabling suction, irrigation, and tissue manipulation in confined spaces. Launched in partnership with Vandalia Health.
• InTract An intestinal retractor designed to improve visibility and access for physicians during endoscopic procedures.
• CricKey A dual-function surgical tool that combines a hook and scalpel, enabling incision and trachea elevation in one step.
• Kneedle A medical device designed to improve infection detection after joint replacement by reducing false negatives and enabling earlier diagnosis.
• Octopus A non-invasive rib fixation device designed to stabilize fractures and support improved healing without surgical intervention.
• Catheter Pressure A device that prevents improper catheter balloon placement using pressure control to improve safety and accuracy.
• AMI EKG Reading A software solution that accelerates transmission of EKG data, improving response time between emergency sites and hospitals.
• Ureteroscope Pressure A device that regulates saline flow during ureteroscopy, improving visualization and ensuring more consistent procedures.
• LeadLock A surgical device that simplifies lead fixation during deep brain stimulation procedures, improving precision and workflow efficiency. Launched in partnership with Marshall University.
• RetrieV A patented suture passer system designed to enhance arthroscopic procedures with a stronger, smaller, and more precise needle-based tool.
• Malleous A flexible neurosurgical retractor with integrated suction, designed to improve access, visibility, and efficiency during neurosurgical procedures. Launched with University of Pittsburgh.
• Moodr Health Spun-out enterprise engagement platform that helps care teams reach high-risk populations through personalized outreach and real-time insights, improving outcomes, efficiency, and measurable ROI.
• Fingy3D Spun-out product offering custom 3D-printed finger prosthetics sized using a smartphone photo and shipped directly to users, providing an accessible and affordable prosthetic solution.
• Snaps Eye Shield Spun-out reusable, tapeless eye shield designed to improve comfort and protection after ophthalmic procedures, supporting better recovery and patient experience.
• Endolumik Spun-out fluorescence-guided surgical devices that use near-infrared light to improve visualization, enabling greater precision, safety, and consistency in procedures.
• Spatial Arthroscopy Surgical visualization approach using mixed reality headsets (Apple Vision Pro) to overlay live surgical feeds directly in a surgeon's line of sight, addressing ergonomic and cognitive challenges in minimally invasive surgery. Developed with Marshall Health Network.

Quantifiable outcome

• Successful commercial exit of innovative technology achieved through Mon Health partnership (May 2023)
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Marshall Health NetworkcoreStrategic or Co-development Partner · 3 June 2026Marshall Health Network, in partnership with Intermed Labs, developed spatial arthroscopy—a surgical visualization approach using Apple Vision Pro mixed reality headsets to overlay live surgical feeds directly in a surgeon's line of sight. The technology addresses longstanding ergonomic and cognitive challenges in minimally invasive surgery. Currently in active development with iterative refinements underway, the platform is undergoing evaluations for surgical efficiency and accuracy before broader clinical trials, with potential applications extending beyond orthopaedics into general surgery, neurosurgery, and urology.
• University of PittsburghcoreStrategic or Co-development Partner · 1 July 2025Malleous LLC was launched in partnership with University of Pittsburgh in July 2025. Malleous is a flexible neurosurgical retractor with integrated suction, designed to improve access, visibility, and efficiency during procedures.
• Marshall UniversitycoreStrategic or Co-development Partner · 1 August 2023Marshall University and Intermed Labs announced partnership in August 2023 to energize healthcare innovation. Marshall Health, the faculty practice plan for the university's School of Medicine, integrates with Mountain Health Network to provide comprehensive academic healthcare. Dr. Ali Oliashirazi from Marshall received Innovator of the Year Award in November 2025. LeadLock was launched with Marshall in March 2026.
• Vandalia HealthflagshipStrategic or Co-development Partner · 1 September 2022Vandalia Health is a major non-profit health system headquartered in West Virginia, formed in 2022 by merging CAMC Health System and Mon Health System. It operates 17 hospitals, over 190 outpatient locations, and employs 13,000+ people. Partnership expanded from Mon Health to all of Vandalia Health in December 2024. SIGMA was launched with Vandalia Health in February 2025.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Fogarty Innovation: Non-profit MedTech incubator based in Mountain View, CA that takes clinician-originated ideas through feasibility, prototyping, and commercialization — a closely matched venture studio model with similar end-to-end accountability for medical device development.
• InCube Labs: Medical device incubator founded by serial MedTech entrepreneur Mir Imran that conceives, develops, and spins out new medical device companies from a single studio — a structurally similar MedTech venture studio operating model.
• MedTech Innovator: Largest medical device accelerator globally, providing mentorship, partnership, and commercialization support to early-stage MedTech startups — comparable to Intermed Labs in supporting clinician and founder-led device companies from concept to commercialization.

Broad incumbents

• Cedars-Sinai Accelerator: Health-system-led accelerator program affiliated with Cedars-Sinai Medical Center that supports early-stage healthcare startups with clinical validation and pilot deployment — comparable in leveraging a flagship hospital system as both innovation source and distribution channel.
• Mass General Brigham Innovation: Innovation arm of Mass General Brigham, one of the largest U.S. academic medical systems, supporting commercialization of clinician-originated inventions across medical devices, digital health, and therapeutics — analogous to Intermed Labs' health-system partnership model at greater scale.
• Mayo Clinic Platform: Mayo Clinic's platform for partnering with and accelerating health-tech and MedTech ventures, providing clinical validation and scaling support — a broader incumbent equivalent of Intermed Labs' health-system co-development model.
• TMC Innovation Institute: Texas Medical Center's innovation hub running TMCx and other MedTech/digital health accelerator programs that partner with hospital systems and clinicians to commercialize healthcare innovation — directly comparable health-system-anchored accelerator structure.
• Johnson & Johnson Innovation (JLABS): Johnson & Johnson's external R&D and incubator network (JLABS) supporting early-stage medical device, pharma, and digital health startups with no-strings-attached lab space and mentorship — comparable as an industry-backed MedTech incubator, though materially larger and broader in scope.

Emerging players

• UCSF Rosenman Institute: UCSF-affiliated health-tech and MedTech community and accelerator that supports clinician and researcher-led startups with commercialization programming and investor connections — directly comparable academic-medical-center-anchored MedTech innovation model.
• Healthbox: Healthcare innovation consulting firm and accelerator that works with health systems to source, evaluate, and pilot clinician-led innovation — comparable in combining a studio-style venture development approach with health-system partnership channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/intermed-labs

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

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 Intermed Labs