About Advalight
Advalight is a company based in Ballerup (Denmark) founded in 2006 by Jesper Liltorp Mortensen and Morten Thorhauge. Advalight has raised $30.07 million across 9 funding rounds from investors including Danmarks Eksport- og Investeringsfond and CAPNOVA. The company has 40 employees as of February 29, 2024. Advalight offers products and services including ADVATx. Advalight operates in a competitive market with competitors including Lutronic, Reliant Technologies, Laserroptek, Ilooda and RA Medical systems, among others.
- Headquarter Ballerup, Denmark
- Employees 40 as on 29 Feb, 2024
- Founders Jesper Liltorp Mortensen, Morten Thorhauge
- Stage Minicorn
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Advalight Aps
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$30.07 M (USD)
in 9 rounds
-
Latest Funding Round
$3.57 M (USD), Series A
May 28, 2021
- Investors
-
Employee Count
40
as on Feb 29, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Advalight
Advalight offers a comprehensive portfolio of products and services, including ADVATx.
Dual-wavelength laser for treating skin conditions like acne and rosacea.
People of Advalight
Unlock access to complete
Funding Insights of Advalight
Advalight has successfully raised a total of $30.07M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $3.57 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series A — $3.6M
-
First Round
First Round
(29 Sep 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series A - Advalight | Valuation |
investors |
|
| Mar, 2020 | Amount | Series A - Advalight | Valuation |
investors |
|
| Mar, 2018 | Amount | Series A - Advalight | Valuation |
investors |
|
Investors in Advalight
Advalight has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Danmarks Eksport- og Investeringsfond and CAPNOVA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Provision of financing, loans, equity, and insurance for Danish export and investment activities.
|
Founded Year | Domain | Location | |
|
CAPNOVA A/S is engaged in managing investment funds.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Advalight
Financial Statements - Advalight
Advalight Comparisons
Competitors of Advalight
Advalight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lutronic, Reliant Technologies, Laserroptek, Ilooda and RA Medical systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Aesthetic and medical laser systems for skin treatments are developed.
|
|
| domain | founded_year | HQ Location |
Laser technologies for aesthetic applications were developed.
|
|
| domain | founded_year | HQ Location |
Laser-based devices are developed for aesthetic and dermal surgeries.
|
|
| domain | founded_year | HQ Location |
Laser systems for aesthetic and medical applications are developed.
|
|
| domain | founded_year | HQ Location |
Excimer lasers for skin and vascular disease treatments are developed.
|
Frequently Asked Questions about Advalight
Advalight was founded in 2006.
Advalight is headquartered in Ballerup, Denmark.
Jacob L Philipsen is the current CEO of Advalight.
Advalight is a funded company, having raised a total of $30.07M across 9 funding rounds to date. The company's 1st funding round was a Series A of $7.13M, raised on Sep 29, 2006.
As of Feb 29, 2024, the latest employee count at Advalight is 40.
Advalight was founded in 2006 and is based in Ballerup, Denmark. Yellow solid-state laser equipment is developed by the company for use in dermatology treatments. The technology is applied in the removal of vascular lesions, acne management, skin rejuvenation, and skin-enhancing procedures. Devices have received FDA and CE clearance for 15 conditions, such as inflammatory Acne Vulgaris and Port-wine stains, within the medical device sector.
Advalight's top competitors include Accure Acne, Reliant Technologies and Laserroptek.
Advalight offers ADVATx.
Advalight has 2 investors. Key investors include Danmarks Eksport- og Investeringsfond, and CAPNOVA.
The valuation of Advalight is $41.51M as of May 2021.