# PEAK Surgical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/peak-surgical

- Industry: Medical Devices & Equipment
- Headquarters: Palo Alto, US
- Website: www.peaksurgical.com
- Total disclosed funding: $29M
- Latest round: Series C (Feb 4, 2008)
- Investors on record: 3

## About

PEAK Surgical specializes in innovative surgical tools and techniques that enhance precision in minimally invasive procedures, improving patient outcomes in surgical care.Established in 2005 and headquartered in Palo Alto, US, PEAK Surgical focuses on developing advanced surgical devices. In July 2011, the company was acquired by Medtronic, Inc. for USD 120 mn. The acquisition solidified PEAK's role in the market, reflecting its strategic alignment with Medtronic’s product offerings.PEAK Surgical provides advanced surgical tools designed to improve the precision of minimally invasive surgical procedures. Their product line includes high-precision surgical devices that facilitate targeted tissue removal and minimize damage to surrounding structures, enhancing patient safety and recovery times. With a commitment to innovation, PEAK Surgical's offerings are crucial in various medical practices, supporting surgeons in delivering effective care.PEAK Surgical has generated revenue through direct sales of its specialized surgical devices, focusing on partnerships with healthcare providers. Revenue streams are derived from ongoing contracts with hospitals and surgical centers, which include maintenance support for the devices, reflecting the structured transactional model of the company.Following its acquisition by Medtronic, PEAK Surgical aims to leverage Medtronic’s global reach to expand into new markets. The strategy includes launching enhanced surgical tools designed for specific medical procedures, with product releases planned for the coming years. The recent acquisition funding of USD 120 mn will be utilized to accelerate research and development initiatives to enhance product offerings and penetrate international markets more effectively.

## Funding rounds

- Series C, Feb 4, 2008, $21M — Venrock, Signet Healthcare Partners, Lehman Brothers
- Series B, Sep 18, 2006, $8M — Venrock, Lehman Brothers

## Investors

- Venrock (https://capitalatlas.ai/funds/venrock) — Series B, Series C
- Lehman Brothers (https://capitalatlas.ai/funds/lehman-brothers) — Series B, Series C
- Signet Healthcare Partners (https://capitalatlas.ai/funds/signet-healthcare-partners) — Series C