# Gynesonics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gynesonics

- Industry: Medical Devices & Equipment
- Headquarters: Redwood City, US
- Website: www.gynesonics.com
- Total disclosed funding: $201M
- Latest round: Series A (Nov 2, 2023)
- Investors on record: 13

## About

Gynesonics, Inc., based in the US, develops innovative, incisionless technologies to enhance women's health, focusing on the treatment of symptomatic uterine fibroids.Founded in 2005 in Redwood City, US, Gynesonics, Inc. specializes in women's health solutions, primarily addressing uterine fibroids. The company's previous founders include experienced leaders in the medical device sector. On October 14, 2024, Gynesonics underwent a TRADE SALE, raising a total of USD 350.00 mn, with Hologic, Inc. as the primary investor.Gynesonics specializes in developing transcervical, uterus-preserving, incisionless technologies aimed at improving women's health, particularly in the treatment of symptomatic uterine fibroids. The company's flagship product, the Sonata System, is the first and only intrauterine fibroid ablation system that utilizes ultrasound guidance combined with targeted radiofrequency energy. This innovative procedure is designed to provide a safe, effective alternative to traditional surgical techniques such as hysterectomy or myomectomy, offering patients a less invasive option for managing heavy periods caused by fibroids. Gynesonics serves a diverse clientele, including healthcare providers and clinics across various geographical markets, particularly in North America and Europe, where the demand for minimally invasive gynecological solutions is increasing.Gynesonics generates revenue primarily through the sale of its medical devices, specifically the Sonata System, to healthcare facilities and providers. The transaction structure typically involves direct sales to hospitals and outpatient surgical centers, where the technology is integrated into women's health practices. By offering a unique, incisionless solution, Gynesonics positions itself favorably within the medical device market, focusing on partnerships with healthcare providers that emphasize patient care and safety. The revenue model may include pricing agreements tied to the volume of devices purchased, supported by ongoing customer training and product support services to enhance the end-user experience. The sales of the Sonata System and related services reflect the company's commitment to innovation and excellence in women's healthcare solutions.Following the TRADE SALE to Hologic, Inc., which was completed on October 14, 2024, Gynesonics aims to leverage this acquisition to enhance treatment options available to women suffering from heavy periods and fibroids. Plans include the launch of new products designed to further improve treatment methodologies, with specific details to be announced in early 2025. The acquisition will facilitate expansion into wider geographic markets, particularly in North America and Europe, to meet the increasing demand for advanced gynecological solutions.

## Funding rounds

- Series A, Nov 2, 2023, $43M — MVM Partners, Bain Capital, Endeavour Vision, Kaiser Permanente Ventures, Runway Growth Capital, Amzak Capital Management
- Series A, Apr 6, 2023, $25M — Bain Capital, Endeavour Vision, Amzak Capital Management
- Series F, Dec 18, 2018, $75M — Abingworth, Advanced Technology Ventures, InterWest Partners, Bain Capital, HBM Partners, Endeavour Vision, Correlation Ventures, Hercules Capital, Healthcrest
- Series D, Feb 20, 2013, $22M — Abingworth, Advanced Technology Ventures, InterWest Partners, HBM Partners, Correlation Ventures
- Series C, May 10, 2010, $16M — Abingworth, Advanced Technology Ventures, InterWest Partners
- Series B, Jan 24, 2007, $17M — Abingworth, Advanced Technology Ventures, InterWest Partners
- Series A, Nov 9, 2005, $3.9M — Abingworth

## Investors

- Abingworth (https://capitalatlas.ai/funds/abingworth) — Series A, Series B, Series C, Series D, Series F
- Advanced Technology Ventures (https://capitalatlas.ai/funds/advanced-technology-ventures) — Series B, Series C, Series D, Series F
- InterWest Partners (https://capitalatlas.ai/funds/interwest-partners) — Series B, Series C, Series D, Series F
- HBM Partners (https://capitalatlas.ai/funds/hbm-partners) — Series D, Series F
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Series D, Series F
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series F, Series A
- Endeavour Vision (https://capitalatlas.ai/funds/endeavour-vision) — Series F, Series A
- Hercules Capital (https://capitalatlas.ai/funds/hercules-capital) — Series F
- Healthcrest — Series F
- Amzak Capital Management (https://capitalatlas.ai/funds/amzak-capital-management) — Series A
- MVM Partners (https://capitalatlas.ai/funds/mvm-partners) — Series A
- Kaiser Permanente Ventures (https://capitalatlas.ai/funds/kaiser-permanente-ventures) — Series A
- Runway Growth Capital — Series A