XII Medical Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
36
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$45M
- Investors
-
10
XII Medical General Information
Description
Developer of an implantable neurostimulation device designed to alleviate sleep apnea. The company develops a minimally invasive outpatient technology that does not allow the muscles in the throat to temporarily relax, and avoids blockage of the airway during sleep, enabling patients to proactively increase oropharyngeal airflow.
Contact Information
Website
www.xiimedical.comCorporate Office
- 32980 Alvarado Niles Road
- Suite 854-856
- Union City, CA 94587
- United States
Corporate Office
- 32980 Alvarado Niles Road
- Suite 854-856
- Union City, CA 94587
- United States
XII Medical Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series B) | 21-Aug-2024 | $45M | Completed | Generating Revenue | ||
| 3. Later Stage VC (Series A1) | Completed | Generating Revenue | ||||
| 2. Later Stage VC (Series A) | 29-Apr-2022 | $22.6M | $22.6M | Completed | Generating Revenue | |
| 1. Grant | 08-Dec-2017 | $150K | Completed | Generating Revenue |
XII Medical Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A-1 | ||||||||
| Series A | 75,333,317 | $0.000100 | 8% | $0.3 | $0.3 | 1x | $0.3 | 24.24% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
XII Medical Comparisons
Industry
Financing
Details
XII Medical Competitors (1)
One of XII Medical’s competitors is Nyxoah, a Formerly VC-backed company based in Mont-Saint-Guibert, Belgium.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nyxoah | Formerly VC-backed | Mont-Saint-Guibert, Belgium |
XII Medical Patents
XII Medical Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026147954-A1 | Neuromodulation systems and devices | Pending | 06-Jan-2025 | ||
| US-20260061199-A1 | Devices, systems, and methods for treating sleep disordered breathing | Pending | 05-Sep-2024 | ||
| WO-2026035892-A1 | Wireless power transfer | Pending | 08-Aug-2024 | ||
| US-20250312600-A1 | Neuromodulation devices and associated systems and methods | Pending | 03-Apr-2024 | ||
| WO-2025212442-A1 | Neuromodulation devices and associated systems and methods | Pending | 03-Apr-2024 | A61N1/3606 |
XII Medical Signals
XII Medical Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Intuitive Ventures | Corporate Venture Capital | Minority | ||
| Omega Funds | Venture Capital | Minority | ||
| Ajax Health | PE/Buyout | Minority | ||
| Aperture Venture Partners | Venture Capital | Minority | ||
| Broadview Ventures | Venture Capital | Minority |
XII Medical FAQs
-
When was XII Medical founded?
XII Medical was founded in 2017.
-
Where is XII Medical headquartered?
XII Medical is headquartered in Union City, CA.
-
What is the size of XII Medical?
XII Medical has 36 total employees.
-
What industry is XII Medical in?
XII Medical’s primary industry is Therapeutic Devices.
-
Is XII Medical a private or public company?
XII Medical is a Private company.
-
What is the current valuation of XII Medical?
The current valuation of XII Medical is .
-
What is XII Medical’s current revenue?
The current revenue for XII Medical is .
-
How much funding has XII Medical raised over time?
XII Medical has raised $82.6M.
-
Who are XII Medical’s investors?
Intuitive Ventures, Omega Funds, Ajax Health, Aperture Venture Partners, and Broadview Ventures are 5 of 10 investors who have invested in XII Medical.
-
Who are XII Medical’s competitors?
Nyxoah is a competitor of XII Medical.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process