Monteris Medical

company

About

Monteris Medical is a medical device venture that develops new technologies for the treatment of cancer.

  • 101 - 250

Details

Last Funding Type
Series D
Last Funding Money Raised
$35M
Industries
Health Care,Medical,Medical Device
Founded date
Jan 1, 1999
Number Of Employee
101 - 250
Operating Status
Active

Monteris Medical is a medical device venture that develops new technologies for the treatment of cancer. It is a private equity-backed neurosurgical company focused solely on diseases of the brain. It develops MRI-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 a new neurosurgical tool that offers real-time control and visualization of the therapy during laser ablation treatment, enabling neurosurgeons to ablate (treat with lethal heat) brain lesions and brain tumors that may be difficult to approach via traditional methods.

It was founded in 1999 and has offices in Minneapolis, Minnesota, USA and Winnipeg, Manitoba, Canada.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$61.60M
Monteris Medical has raised a total of $61.60M in funding over 2 rounds. Their latest funding was raised on Sep 13, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 13, 2022 Series D $35M 1 Detail
Jun 1, 2017 Series C $26.60M 2 Versant Ventures Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Monteris Medical is funded by 2 investors. Versant Ventures and Birchview Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Versant Ventures Yes Series C
Birchview Fund Series D