Probo Medical

Milwaukee, United States Founded: 1986 • Age: 40 yrs Acquired By Probo Medical
Biomedical equipment parts, services, and batteries are supplied.
Annual revenue - Latest available
Total funding $3.2M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Probo Medical

Probo Medical is a company based in Milwaukee (United States) founded in 1986 was acquired by Probo Medical in December 2023. It operates as a Professional Services and Reseller / Distribution. 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.

  • Headquarter Milwaukee, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Alpha Source, Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.19 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.19 M (USD), Series A

    Oct 23, 2017

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Probo Medical

    & 1 more

    (Dec 29, 2023)

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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 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.

Product name locked
Category locked
Primary

High-quality replacement parts for biomedical equipment are provided.

Product name locked
Category locked
Locked

Ultrasound equipment life is extended through expert service.

Product name locked
Category locked
Locked

Medical battery packs are manufactured for optimized performance.

Product name locked
Category locked
Locked

BMD equipment service is provided with OEM quality.

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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Global private equity and venture capital investments in B2B Tech & Services companies.
Locked Locked Locked
Refurbished and new diagnostic imaging equipment and services are supplied.
Locked Locked Locked
Premium access

Investor details for Probo Medical

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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.

Investments
Premium access

Investment portfolio details for Probo Medical

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Repair services for endoscopes and surgical instruments are provided.
Locked Locked 2013 Locked
Distributor of imaging equipment
Locked Locked 1995 Locked
Premium access

Complete acquisition details for Probo Medical

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Probo Medical

Premium access

Detailed financials for Probo Medical

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Probo Medical Comparisons

Probo Medical Primary company
Description
Biomedical equipment parts, services, and batteries are supp...
Location
Milwaukee, United States
Founded Year
1986
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Probo Medical

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Probo Medical

Premium access

Detailed competitors of Probo Medical

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Probo Medical

Premium access

Complete news archive for Probo Medical

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available