Galen Robotics
Latest round
- Series A
Last raised
- Nov 2022
Total raised
- $15M
Investors
- 1
About Galen Robotics
Galen Robotics, Inc.Founded in 2016 and headquartered in Baltimore, US, Galen Robotics, Inc. focuses on developing advanced robotic systems for surgical assistance. The company has not reported any significant pivots or changes in its business strategy since its inception.Galen Robotics offers a core product known as the Galen Platform, a cooperative surgical assist device designed to enhance surgical procedures across various medical fields, including neurosurgery, otolaryngology, tissue reconstruction, intrauterine brain, and spine surgery. This system is engineered to work in conjunction with standard surgical instruments, significantly improving stability and ergonomics during narrow corridor and minimally invasive surgeries. The Galen Platform aims to democratize access to advanced surgical technologies, making it particularly valuable to local community hospitals and ambulatory surgical centers (ASCs).Galen Robotics operates on a revenue model that emphasizes a 'Surgery-as-a-Service' approach, allowing healthcare providers to access the Galen Platform through usage-based pricing rather than traditional capital purchases. This model facilitates a transaction structure centered around per-patient pricing, enabling hospitals and ASCs to utilize the technology based on their specific procedural needs without incurring significant upfront costs. The company’s offerings may include subscription plans and service agreements that cover maintenance and support, ensuring continuous access to the latest innovations in surgical robotics. Transactions typically occur directly between Galen Robotics and healthcare providers, allowing for tailored solutions that can be adjusted according to the surgical procedures being performed. The company is currently focusing on enhancing the Galen Platform with new features aimed at improving surgical outcomes and ease of use. Additionally, Galen Robotics plans to expand into new geographic regions, specifically targeting markets in Europe and Asia in the next 1 to 2 years to increase its global footprint.
Who invested in Galen Robotics
1 investor across 1 round
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Funding rounds
Series A
Nov 1, 2022
Amount
$15M
Investors
Questions about Galen Robotics
Who invested in Galen Robotics?
Galen Robotics has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Galen Robotics raised?
Galen Robotics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Galen Robotics last raise money?
Galen Robotics's most recent round on record is a Series A, in Nov 2022.
What does Galen Robotics do?
Galen Robotics is a medical devices & equipment company.
Where is Galen Robotics headquartered?
Galen Robotics is headquartered in Baltimore, US.
Which VCs invest in companies like Galen Robotics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Galen Robotics's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series A
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