Magnus Medical
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $25M
Investors
- 2
About Magnus Medical
Founded in 2020 in Burlingame, US, Magnus Medical develops neuromodulation solutions to address mental health issues. The company was co-founded by Brandon Bentzley and Miguel Bunte.Magnus Medical specializes in innovative neuromodulation technologies, primarily focusing on its flagship product, the SAINT® (Synchronized Antiphase Intermittent Neuromodulation Therapy) Neuromodulation System. This system is designed to treat Major Depressive Disorder (MDD) in adult patients who have not experienced satisfactory improvement from previous antidepressant medications. The SAINT therapy utilizes advanced algorithms in combination with structural and functional MRI to identify optimal therapy targets in the brain, delivering precise, non-invasive repetitive magnetic pulses to modify brain network activity associated with depression.S. healthcare market.Magnus Medical's revenue model is structured around the provision of its SAINT Neuromodulation System to healthcare providers, including hospitals and clinics, for the treatment of Major Depressive Disorder. The company engages in direct sales to these medical facilities, allowing them to offer SAINT therapy as a treatment option for patients. The financial transactions typically involve the purchase of the neuromodulation equipment, along with associated training and ongoing support services. Additionally, Magnus Medical is actively involved in research collaborations and may establish partnerships with healthcare organizations to facilitate the implementation of its technology in clinical settings.S. healthcare system, aiming to increase accessibility to its SAINT therapy and to meet the growing demand for effective mental health treatments.
Who invested in Magnus Medical
2 investors across 1 round
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Funding rounds
Series A
Oct 28, 2021
Amount
$25M
Investors
Questions about Magnus Medical
Who invested in Magnus Medical?
Magnus Medical has 2 investors 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 Magnus Medical raised?
Magnus Medical has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Magnus Medical last raise money?
Magnus Medical's most recent round on record is a Series A, in Oct 2021.
What does Magnus Medical do?
Founded in 2020 in Burlingame, US, Magnus Medical develops neuromodulation solutions to address mental health issues.
Where is Magnus Medical headquartered?
Magnus Medical is headquartered in Burlingame, US.
Which VCs invest in companies like Magnus Medical?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Magnus Medical's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series A
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