PhotoniCare
Latest round
- Series B
Last raised
- Nov 2024
Total raised
- $12M
Investors
- 13
About PhotoniCare
Based in the US, PhotoniCare, Inc.PhotoniCare, Inc. is focused on providing innovative diagnostic solutions for middle ear conditions. The company was founded in 2013 in Durham, US. The founders, Ryan Nolan and Ryan Shelton, have backgrounds in technology and healthcare.PhotoniCare, Inc. specializes in advanced diagnostic tools aimed at improving middle ear health management through its core product, the OtoSight Middle Ear Scope. This innovative device employs sophisticated imaging technology to provide healthcare providers with objective data regarding fluid presence in the middle ear, offering critical insights into fluid characterization and density, even amid significant cerumen (earwax). The primary users include pediatricians and otolaryngologists, addressing the needs of over 9 million children diagnosed annually with middle ear issues in the United States.PhotoniCare's revenue model centers on the sale of the OtoSight Middle Ear Scope, with transactions occurring through direct sales to healthcare providers and facilities. Clients can purchase the devices outright or enter into partnership agreements for ongoing support. The pricing for the OtoSight Middle Ear Scope reflects its advanced technology, positioning it as a premium product in the diagnostic tool market.62 mn to support its clinical trial and ramp up production and sales of the OtoSight Middle Ear Scope. The company also intends to relocate its headquarters to Grand Rapids. These initiatives aim to enhance market reach and operational capabilities. The company is actively exploring expansion into additional healthcare markets and geographic regions to broaden its impact in improving ear health outcomes.
Who invested in PhotoniCare
13 investors across 5 rounds
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Questions about PhotoniCare
Who invested in PhotoniCare?
PhotoniCare has 13 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PhotoniCare raised?
PhotoniCare has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did PhotoniCare last raise money?
PhotoniCare's most recent round on record is a Series B, in Nov 2024.
What does PhotoniCare do?
Based in the US, PhotoniCare, Inc.
Where is PhotoniCare headquartered?
PhotoniCare is headquartered in Durham, US.
Which VCs invest in companies like PhotoniCare?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at PhotoniCare's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series B
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