Channel Medsystems

Medical Devices & EquipmentSeries CBerkeley, USchannelmedsystems.com

Latest round

Series C

Last raised

Aug 2017

Total raised

$48M

Investors

7

About Channel Medsystems

Channel Medsystems, Inc.Channel Medsystems, Inc. was founded in 2009 and is headquartered in Berkeley, US. The company focuses on developing medical devices, particularly the Cerene® Cryotherapy Device designed for endometrial ablation. The current CEO is Ric Cote, while the founder, Daniel Burnett, has a history of founding other ventures., offers the Cerene® Cryotherapy Device, specifically designed for endometrial ablation aimed at treating heavy menstrual bleeding in premenopausal women. The procedure effectively ablates the endometrial lining of the uterus, providing relief from heavy periods and associated symptoms. It is performed in a physician's office without the need for general anesthesia, ensuring comfort and accessibility.Channel Medsystems, Inc. generates revenue primarily through the sales of the Cerene® Cryotherapy Device to healthcare professionals and facilities treating heavy menstrual bleeding. Sales occur through direct transactions with trained physicians, complying with federal regulations on medical device sales.In September 2021, Channel Medsystems, Inc. Future plans include potential expansion into new geographic markets, although specific regions and timelines for these expansions have not been disclosed.

Who invested in Channel Medsystems

7 investors across 3 rounds

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Funding rounds

  1. Series C

    Aug 23, 2017

    Amount

    $14M

    Investors

    Locked

  2. Series C

    Jul 8, 2015

    Amount

    $24M

    Investors

    Locked

  3. Series B

    Apr 19, 2013

    Amount

    $9.8M

    Investors

    Locked

Questions about Channel Medsystems

Who invested in Channel Medsystems?

Channel Medsystems has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Channel Medsystems raised?

Channel Medsystems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Channel Medsystems last raise money?

Channel Medsystems's most recent round on record is a Series C, in Aug 2017.

What does Channel Medsystems do?

Channel Medsystems is a medical devices & equipment company.

Where is Channel Medsystems headquartered?

Channel Medsystems is headquartered in Berkeley, US.

Which VCs invest in companies like Channel Medsystems?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Channel Medsystems's stage. Their profiles are linked below.

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