Torax Medical

Medical Devices & EquipmentSeries EShoreview, UStoraxmedical.com

Latest round

Series E

Last raised

Aug 2016

Total raised

$70M

Investors

7

About Torax Medical

Torax Medical, Inc.Founded in 2002 and headquartered in Shoreview, US, Torax Medical, Inc. specializes in developing devices for GERD treatment. In February 2017, the company was acquired by Ethicon, Inc. in a deal that closed in March 2017. The founder's history is not publicly detailed, and there are no mentions of the company having subsidiaries.Torax Medical, Inc. offers the LINX™ Reflux Management System, a device designed for the treatment of gastroesophageal reflux disease (GERD). The LINX system features a flexible ring of small magnets that is laparoscopically implanted around the lower esophageal sphincter (LES), helping to prevent acid reflux while allowing natural bodily functions like belching.S.Torax Medical, Inc. generates revenue primarily through sales of the LINX™ Reflux Management System to healthcare providers and institutions. The revenue model focuses on direct business-to-business transactions with hospitals and surgical centers, emphasizing the product's advanced technology and clinical benefits.Looking forward, Torax Medical, Inc. aims to enhance its product offerings and expand its market reach. The company is expected to launch new products designed to improve GERD treatment options over the next few years. Plans for market expansion include targeting additional geographic regions, though specific regions and timelines have not been disclosed. in March 2017.

Who invested in Torax Medical

7 investors across 5 rounds

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Funding rounds

  1. Series E

    Aug 4, 2016

    Amount

    $25M

    Investors

    Locked

  2. Series D

    Sep 14, 2012

    Amount

    $16M

    Investors

    Locked

  3. Series C

    Apr 23, 2009

    Amount

    $15M

    Investors

    Locked

  4. Series B

    Jun 28, 2005

    Amount

    $10M

    Investors

    Locked

  5. Series A

    Jun 1, 2004

    Amount

    $3.4M

    Investors

    Locked

Questions about Torax Medical

Who invested in Torax Medical?

Torax Medical has 7 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 Torax Medical raised?

Torax Medical has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Torax Medical last raise money?

Torax Medical's most recent round on record is a Series E, in Aug 2016.

What does Torax Medical do?

Torax Medical is a medical devices & equipment company.

Where is Torax Medical headquartered?

Torax Medical is headquartered in Shoreview, US.

Which VCs invest in companies like Torax Medical?

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

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