Profound Medical
Latest round
- Series A
Last raised
- May 2011
Total raised
- $9.7M
Investors
- 2
About Profound Medical
Founded in 2008 in Mississauga, Canada, Profound Medical Corp. focuses on developing advanced technologies for treating prostate cancer and benign prostatic hyperplasia (BPH). The company's founders include Boudino de Jong, Joseph DeJonge, and Rajiv Chopra, with Arun Menawat serving as the CEO.Profound Medical specializes in innovative, incision-free ultrasound ablation technologies, primarily focusing on the TULSA-PRO® system. This advanced medical device uses transurethral ultrasound ablation to treat localized prostate cancer and benign prostatic hyperplasia (BPH), utilizing real-time MRI imaging for precise treatment delivery. The TULSA Procedure offers customizable treatment plans, allowing physicians to effectively target specific tissue volumes. The product has received CE marking, Health Canada approval, and FDA 510(k) clearance, enabling its use across various international markets, including Europe, Canada, and the United States.52 mn for the same year. The company generates revenue through the sale of its proprietary TULSA-PRO® system and associated services, which include training and support for healthcare providers utilizing the technology.In December 2024, Profound Medical Corp.S. and globally, as well as for working capital and general corporate purposes.S. healthcare market.
Who invested in Profound Medical
2 investors across 1 round
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Funding rounds
Series A
May 30, 2011
Amount
$9.7M
Investors
Questions about Profound Medical
Who invested in Profound Medical?
Profound 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 Profound Medical raised?
Profound Medical has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Profound Medical last raise money?
Profound Medical's most recent round on record is a Series A, in May 2011.
What does Profound Medical do?
Founded in 2008 in Mississauga, Canada, Profound Medical Corp.
Where is Profound Medical headquartered?
Profound Medical is headquartered in Mississauga, Canada.
Which VCs invest in companies like Profound Medical?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Profound Medical's stage. Their profiles are linked below.
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