Group 3 Technologies

Company Overview

Snapshot

Founded in July 2013 by Alex Wainshtok, Group 3 Technologies operated with 1–10 employees. The company ceased operations in February 2016.

Business overview

Group 3 Technologies developed SAGIV, a semi-automatic, guided intravenous device. This handheld device integrates real-time vein display, simple mechanics, and vein penetration sensors to facilitate quick and accurate IV placement. Utilizing infrared technology to identify veins for cannulation and electrical feedback for precise insertion, SAGIV aimed to enhance success rates, reduce procedure time, and minimize patient discomfort within the healthcare sector, specifically targeting hospitals and doctors.

Company Intelligence Q&A

What is SAGIV?

SAGIV is a semi-automatic, guided intravenous device developed by Group 3 Technologies. It is designed to assist with IV placement using real-time vein display and penetration sensors.

When was Group 3 Technologies founded?

Group 3 Technologies was founded in July 2013.

What technology does SAGIV utilize?

SAGIV utilizes infrared technology to identify veins for cannulation and electrical feedback for precise vein penetration during IV procedures.

What was the primary goal of SAGIV?

The primary goal of SAGIV was to increase success rates, save time, and reduce pain during intravenous procedures.

When did Group 3 Technologies cease operations?

Group 3 Technologies ceased to operate in February 2016.