Alan Jernigan
Argyle, TX (USA)
Role(s):
VP/SVP/Dept Head
Gastro Concepts LLC
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Startup
Location:
Argyle
Industry:
Manufacturing
Year Founded:
2019
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
Revolutionizing Colonoscopy: FDA-Approved Innovation Ready to Scale; with 10x Potential
Gastro Concepts has FDA approval and early traction for Air Assist — a breakthrough single-use colonoscopy device that prevents air/CO₂ escape, eliminates colon collapse, and replaces the outdated buttock pressure technique.
With over 19 million colonoscopies performed annually in the U.S., the GI market is massive and underserved. We’re now in the early stages of revenue, with ~12 health systems onboarding Air Assist into their supply chains. We’re raising $2.5M in equity to hire a direct sales team, build awareness, drive adoption, operations and expand our pipeline.
With projected revenue of $40M+ in 5 years, a 10x exit scenario could represent a $400M+ acquisition or IPO opportunity. Let’s connect if this aligns with your investment thesis in scalable MedTech with regulatory de-risking and clinical impact.
Attached is our ES. After your review can we schedule 15 minutes to discuss how you can be part of transforming GI care?