Abacus Social Fund
Non-profit funding for medtech innovations
Overview
Improvements in patient care and quality of life are our passion and goals.
We focus on medical devices and technologies that address orthopedic and geriatric care.
Our objective is to fund development of medical devices that improve patients’ quality of life.
We focus on devices that have a significant positive impact on patients:
from diagnostics to surgical tools to mobility aids.
The Problem
Innovative med-tech products are often prevented from reaching patients due to funding shortages at critical stages.
Early-stage developers often exhaust their personal funds, funding from “friends and family” and from angel investors, but need additional capital for development stages such as FDA review, initial production, and distribution.
They are caught in the Funding Gap – and Abacus can help them.
The Abacus Solution
As a charitable organization, Abacus helps these technologies reach patients by providing funding – often during this critical Funding Gap. We offer equity, debt, convertible debt, bridge loans, and guarantees.
Funding Allocation Criteria
Abacus conducts a rigorous due diligence process similar to that of other funding sources and, importantly, also requires that qualitative patient-focused benefits are expected.
Abacus’ current focus is on US-based companies, recognizing that these companies may provide solutions that benefit patients in both developed and developing countries.
Would You Like to Help?
You can help develop medtech products:
• Make a donation
• Become a Founding Donor
• Help source and review products
• Volunteer to help Abacus reach patients
To donate and help develop cutting edge medtech products
please contact us at
New York, USA