About Probo Medical
Probo Medical is a Healthcare company based in Milwaukee (United States) founded in 1986, and was acquired by Probo Medical in December 2023. Biomedical equipment parts, services, and batteries are supplied. It operates on a Professional Services and Reseller / Distribution model. Probo Medical has raised $3.19 million across 1 funding round from investors including Probo Medical and Baird Capital. Probo Medical has completed 2 acquisitions, including BC Technical and Medical Optics. Probo Medical offers products and services including Biomed & Imaging Parts, Ultrasound Service, Medical Battery Manufacturing, and Bone Mineral Density Service. Its focus areas include Medical Equipment and Biomedical Solutions. Its legal entity is Alpha Source, Inc.
Company details
Healthcare technology management solutions are offered by Probo Medical through Alpha Source, focusing on extending the life of medical equipment, reducing lifecycle costs, and streamlining biomed parts logistics for hospitals nationwide. Services and parts for ultrasound, biomedical, imaging, and bone mineral density equipment are provided with a commitment to quality and cost-effectiveness. Expertise in medical battery manufacturing is also utilized to optimize performance and costs in the healthcare sector.
- Headquarters Milwaukee, United States
- Stage Acquired
- SectorsHealthcare
- Phone•••• ••••
- Website alphasource.com
- Social LinkedIn X YouTube
- Acquired by Baird Capital (Apr 2015)
- Legal Name Alpha Source, Inc.
- Total Equity Funding$3.19M (USD)
in 1 rounds
- Latest Funding Round$3.19M (USD), Series A
Oct 2017
- InvestorsProbo Medical
& 1 more
- Investments & AcquisitionsBC Technical
& 1 more
- Acquired by
Products & Services of Probo Medical
Probo Medical offers a comprehensive portfolio of products and services, including Biomed & Imaging Parts, Ultrasound Service, Medical Battery Manufacturing, and Bone Mineral Density Service.
High-quality replacement parts for biomedical equipment are provided.
Ultrasound equipment life is extended through expert service.
Medical battery packs are manufactured for optimized performance.
BMD equipment service is provided with OEM quality.
Apps and channels of Probo Medical
its YouTube channel Probo Medical has 3.62K subscribers and 30 videos.
Videos from Probo Medical
The most watched videos on Probo Medical's YouTube channel, Probo Medical (3.62K subscribers). Click a video to play it here.
More on Probo Medical.
Funding Insights of Probo Medical
Probo Medical has successfully raised a total of $3.19M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.19 million completed in October 2017. 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 $3.19M
- Total Rounds 1
- Last Round Series A — $3.19M
- First Round $3.19M
(Oct 2017)
All 1 funding rounds of Probo Medical with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $3.19M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in Probo Medical
Probo Medical has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Probo Medical and Baird Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global private equity and venture capital investments in B2B Tech & Services companies. | bairdcapital.com | |||
Refurbished and new diagnostic imaging equipment and services are supplied. | 2014 | probomedical.com | Fishers, United States |
Investor details for Probo Medical
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Probo Medical
Probo Medical has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BC Technical and Medical Optics.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Distributor of imaging equipment | bctechnical.com | West Jordan, United States | 1995 | Nov 2017 | •••• | |
Repair services for endoscopes and surgical instruments are provided. | medicaloptics.com | Tamarac, United States | 2013 | Apr 2017 | •••• |
Complete acquisition details for Probo Medical
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Probo Medical
6 dated milestones of Probo Medical across 37 years, from founding to its latest funding, stage changes and deals.
- Founded Probo Medical is founded.
- Exit Acquired by Baird Capital.
- Acquisition Acquires Medical Optics.
- Funding First funding round of $3.2M.
- Acquisition Acquires BC Technical.
- Exit Acquired by Probo Medical.
Web traffic of Probo Medical
The website of Probo Medical (alphasource.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 35.4% vs previous month
Websites whose visitors overlap most with Probo Medical. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rdbatteries.com | 100% | #933,667 | View details | ||
medicalequipmentfinders.com | medicalequipmentfinders.com | 79% | – | ||
alphasourceintl.com | alphasourceintl.com | 52% | #7,753,274 | – | |
| testco-inc.com | 47% | 1.4K | #11,281,844 | View details |
Top companies in Medical Equipment & Supplies
3 companies that operate in the same segment as Probo Medical (Medical Equipment & Supplies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic microsurgical systems for endoscopy are developed. | 2007 | Redwood City, California, United States | USD 733.62 M | 91 | ||
Injectable packaging, containment, and delivery solutions are manufactured. | 1923 | Exton, Pennsylvania, United States | USD 3.07 B | 10,600 |
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Frequently Asked Questions about Probo Medical
Probo Medical was founded in 1986 and raised its 1st funding round 31 years after it was founded.
Probo Medical is headquartered in Milwaukee, United States. It is registered at Milwaukee, Wisconsin, United States.
Probo Medical is a funded company, having raised a total of $3.19M across 1 funding round to date. The company's 1st funding round was a Series A of $3.19M, raised on Oct 2017.
Healthcare technology management solutions are offered by Probo Medical through Alpha Source, focusing on extending the life of medical equipment, reducing lifecycle costs, and streamlining biomed parts logistics for hospitals nationwide. Services and parts for ultrasound, biomedical, imaging, and bone mineral density equipment are provided with a commitment to quality and cost-effectiveness. Expertise in medical battery manufacturing is also utilized to optimize performance and costs in the healthcare sector.
Probo Medical offers Biomed & Imaging Parts, Ultrasound Service, Medical Battery Manufacturing, and Bone Mineral Density Service.
Probo Medical has made 2 acquisitions, including BC Technical, and Medical Optics.
Probo Medical has 2 investors. Key investors include Probo Medical, and Baird Capital.
Probo Medical operates through Alpha Source, Inc..
Yes. Probo Medical was acquired by Baird Capital in April 2015.