NICO Corporation

Medical Devices & EquipmentSeries CIndianapolis, USniconeuro.com

Latest round

Series C

Last raised

Jul 2009

Total raised

$10M

Investors

4

About NICO Corporation

NICO Corporation, founded in 2007 and headquartered in Indianapolis, US, specializes in advanced surgical technologies.NICO Corporation specializes in advanced technologies aimed at transforming minimally invasive neurosurgery. Its core product offerings include the NICO Myriad and BrainPath systems, which integrate imaging and intervention to enhance surgical precision and patient outcomes. The NICO Myriad SPECTRA features a hand-held design with a blue excitation light that assists surgeons in identifying critical tissues during procedures. These innovations address complex medical challenges, particularly for patients experiencing conditions such as Intracerebral Hemorrhage (ICH).NICO Corporation generates revenue through the sale of its proprietary surgical technologies, including the NICO Myriad and BrainPath systems, primarily to hospitals and surgical centers. The transaction structure typically involves direct sales to healthcare providers. Revenue is driven by individual product sales, emphasizing long-term relationships with clients through continued support and education on the technologies. The flagship products aim to facilitate improved surgical outcomes, creating a compelling value proposition for healthcare institutions.Following its acquisition by Stryker Corporation on September 20, 2024, NICO Corporation is expected to enhance Stryker's portfolio in minimally invasive technologies for brain tumor removal and stroke care. The integration aims to support the expansion of NICO's existing products into new markets, leveraging Stryker's distribution channels. The recent acquisition will likely provide the necessary resources to bolster product development and market penetration strategies in targeted regions.

Who invested in NICO Corporation

4 investors across 1 round

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Funding rounds

  1. Series C

    Jul 20, 2009

    Amount

    $10M

    Investors

    Locked

Questions about NICO Corporation

Who invested in NICO Corporation?

NICO Corporation has 4 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 NICO Corporation raised?

NICO Corporation has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did NICO Corporation last raise money?

NICO Corporation's most recent round on record is a Series C, in Jul 2009.

What does NICO Corporation do?

NICO Corporation, founded in 2007 and headquartered in Indianapolis, US, specializes in advanced surgical technologies.

Where is NICO Corporation headquartered?

NICO Corporation is headquartered in Indianapolis, US.

Which VCs invest in companies like NICO Corporation?

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

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