Asensus

Durham, United States Founded: 2006 • Age: 20 yrs Acquired By Karl Storz
Robotic laparoscopic systems are developed for minimally invasive surgeries.
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About Asensus

Asensus is a company based in Durham (United States) founded in 2006 was acquired by Karl Storz in August 2024.. Asensus has raised $91.18 million across 6 funding rounds from investors including SafeStitch, Karl Storz and Sofar. Asensus has completed 2 acquisitions, including ALF-X Robot and Modern Systems Talk. Asensus offers products and services including Senhance Surgical System, Intelligent Surgical Unit, and Senhance Connect. Asensus operates in a competitive market with competitors including Brainlab, PROCEPT BioRobotics, Auris Health, Intuitive and Medical Microinstruments, among others.

  • Headquarter Durham, United States
  • Stage Public
  • Sectors
    Healthcare
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Asensus Surgical, Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $91.18 M (USD)

    in 6 rounds

  • Latest Funding Round
    $5.2 M (USD), Post-IPO

    Jan 05, 2017

  • Investors
    SafeStitch

    & 8 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    ALF-X Robot

    & 1 more

  • Acquired by
    Karl Storz

    & 1 more

    (Aug 22, 2024)

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Products & Services of Asensus

Asensus offers a comprehensive portfolio of products and services, including Senhance Surgical System, Intelligent Surgical Unit, and Senhance Connect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides control and real-time insights for safer surgical procedures

Offers digital insights to enhance surgical decision-making and efficiency

Facilitates connectivity for improved surgical collaboration and support

People of Asensus
Headcount 50-200
Employee Profiles 54
Board Members and Advisors 3
Employee Profiles
People
Kathleen Frost
VP, Intellectual Property
People
Joshua Weingard
Chief Legal Officer
People
Monica Marini
Regulatory Affairs & Clinical Research Manager
People
Stefano Pomati
Director, Surgical Innovation

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Board Members and Advisors
people
William N. Starling
Director
people
Elizabeth Kwo
Director

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Funding Insights of Asensus

Asensus has successfully raised a total of $91.18M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5.2 million completed in January 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
  • Total Rounds 6
  • Last Round Post-IPO — $5.2M
  • First Round

    (31 Dec 2007)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2017 Amount Post-IPO - Asensus Valuation

investors

Sep, 2016 Amount Post-IPO - Asensus Valuation

investors

Aug, 2013 Amount Debt – Conventional - Asensus Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Asensus

Asensus has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include SafeStitch, Karl Storz and Sofar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
PE firm investing in the US
Founded Year Domain Location
-
Founded Year Domain Location
Early-stage life sciences and tech focused VC firm funding companies in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Asensus

Asensus has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ALF-X Robot and Modern Systems Talk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
A miniature robotic system for image-guided laparoscope positioning is provided.
2005
Robotic surgery system with tactile sensitivity
1968
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Asensus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Asensus Comparisons

Employees
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Add Comparison
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Competitors of Asensus

Asensus 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 Brainlab, PROCEPT BioRobotics, Auris Health, Intuitive and Medical Microinstruments, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Robotic waterjet system for prostate tissue removal is developed.
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Robotic microsurgical systems for endoscopy are developed.
domain founded_year HQ Location
Robotic-assisted surgical systems are developed for minimally invasive procedures.
domain founded_year HQ Location
A robotic platform is used for microsurgery with scaled instruments.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Asensus

Frequently Asked Questions about Asensus

When was Asensus founded?

Asensus was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is Asensus located?

Asensus is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

Who is the current CEO of Asensus?

Anthony Fernando is the current CEO of Asensus.

Is Asensus a funded company?

Asensus is a funded company, having raised a total of $91.18M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2M, raised on Dec 31, 2007.

What does Asensus do?

Founded in 2006 and headquartered in Durham, United States, Asensus operates in the medical technology sector. Robotic systems for laparoscopic procedures are developed, including a digital platform that enables surgeon-patient interaction during operations. These systems are applied in general surgery and gynecological laparoscopic interventions, supporting minimally invasive techniques across clinical settings.

Who are the top competitors of Asensus?

Asensus's top competitors include Brainlab, PROCEPT BioRobotics and Auris Health.

What products or services does Asensus offer?

Asensus offers Senhance Surgical System, Intelligent Surgical Unit, and Senhance Connect.

How many acquisitions has Asensus made?

Asensus has made 2 acquisitions, including ALF-X Robot, and Modern Systems Talk.

Who are Asensus's investors?

Asensus has 9 investors. Key investors include SafeStitch, Karl Storz, Sofar, Aisling Capital, and Synergy Life Science Partner.

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