Monteris Medical Overview
- Year Founded
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1999
- Status
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Private
- Employees
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114
- Latest Deal Type
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Series D
- Latest Deal Amount
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$73M
- Investors
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2
Monteris Medical General Information
Description
Developer of magnetic resonance imaging-guided, laser-based systems designed for the ablation of brain lesions. The company's system applies focused laser energy to ablate brain tumors from the inside, with little or no effect on surrounding healthy tissue as well as provides clinicians with a neurosurgical tool that offers real-time control and visualization of the therapy during laser ablation treatment, enabling neurosurgeons to ablate brain lesions and brain tumors that may be difficult to approach via traditional methods.
Contact Information
Website
www.monteris.comCorporate Office
- 131 Cheshire Lane
- Suite 100
- Minnetonka, MN 55305
- United States
Corporate Office
- 131 Cheshire Lane
- Suite 100
- Minnetonka, MN 55305
- United States
Monteris Medical Timeline
Monteris Medical Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 16. Later Stage VC (Series D) | 10-Oct-2022 | $73M | Completed | Generating Revenue | ||
| 15. Secondary Transaction - Private | 01-May-2022 | Completed | Generating Revenue | |||
| 14. Debt - General | 01-Feb-2021 | Completed | Generating Revenue | |||
| 13. Later Stage VC | 04-Sep-2020 | Completed | Generating Revenue | |||
| 12. Later Stage VC | 30-Mar-2020 | Completed | Generating Revenue | |||
| 11. Later Stage VC | 01-Mar-2019 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series C) | 01-Jun-2017 | Completed | Generating Revenue | |||
| 9. Debt - General | 29-Jun-2016 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series B) | 06-Nov-2014 | $30M | $83.9M | Completed | Generating Revenue | |
| 7. Later Stage VC (Series A) | 22-Oct-2013 | $13.3M | $53.9M | Completed | Generating Revenue |
Monteris Medical Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B3 | ||||||||
| Series B2 | ||||||||
| Series B1 | ||||||||
| Series A3 | 3,038,071 | $0.001000 | 8% | $0.31 | $0.93 | 1x | $0.31 | |
| Series A2 | 24,394,901 | $0.001000 | 8% | $0.31 | $0.62 | 1x | $0.31 |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Monteris Medical Comparisons
Industry
Financing
Details
Monteris Medical Competitors (17)
One of Monteris Medical’s 17 competitors is Accuray, a Formerly VC-backed company based in Madison, WI.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Accuray | Formerly VC-backed | Madison, WI | ||||
| Insightec | Venture Capital-Backed | Tirat Carmel, Israel | ||||
| Brainlab | Private Equity-Backed | Munich, Germany | ||||
| NuVasive | Formerly VC-backed | San Diego, CA | ||||
| CMR Surgical | Venture Capital-Backed | Cambridge, United Kingdom |
Monteris Medical Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Monteris Medical Patents
Monteris Medical Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240350195-A1 | Surgical probe device, and systems and methods for cooling the same | Pending | 20-Apr-2023 | ||
| US-20230346501-A1 | Cranial access device | Pending | 28-Apr-2022 | ||
| EP-4514266-A1 | Cranial access device | Pending | 28-Apr-2022 | ||
| US-11648167-B2 | Adjustable cradle assembly | Active | 15-Apr-2016 | ||
| US-20200345572-A1 | Adjustable cradle assembly | Active | 15-Apr-2016 | A61G13/121 |
Monteris Medical Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Monteris Medical Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Madryn Asset Management | Asset Manager | Minority | ||
| Birchview Capital | Hedge Fund | Minority |
Monteris Medical FAQs
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When was Monteris Medical founded?
Monteris Medical was founded in 1999.
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Where is Monteris Medical headquartered?
Monteris Medical is headquartered in Minnetonka, MN.
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What is the size of Monteris Medical?
Monteris Medical has 114 total employees.
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What industry is Monteris Medical in?
Monteris Medical’s primary industry is Surgical Devices.
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Is Monteris Medical a private or public company?
Monteris Medical is a Private company.
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What is Monteris Medical’s current revenue?
The current revenue for Monteris Medical is .
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How much funding has Monteris Medical raised over time?
Monteris Medical has raised $212M.
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Who are Monteris Medical’s investors?
Madryn Asset Management and Birchview Capital have invested in Monteris Medical.
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Who are Monteris Medical’s competitors?
Accuray, Insightec, Brainlab, NuVasive, and CMR Surgical are some of the 17 competitors of Monteris Medical.
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