Augmenix

Waltham, United States Founded: 2008 • Age: 18 yrs Acquired By Boston Scientific
Hydrogel spacers are provided for prostate cancer radiation therapy.
Annual revenue - Latest available
Total funding $46.6M 7 rounds
Employees 153 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Augmenix

Augmenix is a company based in Waltham (United States) founded in 2008 was acquired by Boston Scientific in September 2018. Augmenix has raised $46.6 million across 7 funding rounds from investors including Boston Scientific, Varian and Pinnacle Ventures. The company has 153 employees as of December 31, 2018. Augmenix operates in a competitive market with competitors including AmacaThera, Regentis Biomaterials, LifeSprout, Biosyntech and ECM Therapeutics, among others.

  • Headquarter Waltham, United States
  • Employees 153 as on 31 Dec, 2018
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Augmenix, Inc
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $46.6 M (USD)

    in 7 rounds

  • Latest Funding Round
    $6 M (USD), Series E

    Jul 18, 2016

  • Investors
  • Employee Count
    153

    as on Dec 31, 2018

  • Acquired by
    Boston Scientific

    (Sep 06, 2018)

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Funding Insights of Augmenix

Augmenix has successfully raised a total of $46.6M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $6 million completed in July 2016. 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 7
  • Last Round Series E — $6.0M
  • First Round

    (29 Feb 2008)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2016 Amount Series E - Augmenix Valuation

investors

Jul, 2014 Amount Series D - Augmenix Valuation

investors

May, 2011 Amount Series C - Augmenix Valuation

investors

Investors in Augmenix

Augmenix has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Boston Scientific, Varian and Pinnacle Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Late stage tech-focused VC firm funding companies in the US
Founded Year Domain Location
-
Founded Year Domain Location
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
Founded Year Domain Location

Investments & Acquisitions by Augmenix

Investments

Financial Statements - Augmenix

Augmenix Comparisons

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Competitors of Augmenix

Augmenix 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 AmacaThera, Regentis Biomaterials, LifeSprout, Biosyntech and ECM Therapeutics, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Injectable hydrogel platform developed for therapeutic medical applications.
domain founded_year HQ Location
Regentis Biomaterials is focused on tissue repair hydrogel technology.
domain founded_year HQ Location
Synthetic soft tissue substitutes for cosmetics and reconstructive surgery
domain founded_year HQ Location
Biotherapeutic thermogels are developed for tissue repair applications.
domain founded_year HQ Location
Diagnostic and therapeutic products from extracellular matrix are developed.

Latest news on Augmenix

Frequently Asked Questions about Augmenix

Augmenix was founded in 2008.

Augmenix is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Augmenix is a funded company, having raised a total of $46.6M across 7 funding rounds to date. The company's 1st funding round was a Series C of $15M, raised on Feb 29, 2008.

As of Dec 31, 2018, the latest employee count at Augmenix is 153.

Provider of a hydrogel spacer for prostate cancer radiation therapy. This hydrogel is injected to create space between the rectum and prostate, reducing radiation exposure to the rectum during treatment. The procedure aims to minimize urinary, sexual, and bowel side effects associated with radiation therapy. The hydrogel is made of polyethylene glycol (PEG) and is intended for temporary use during radiotherapy. Potential complications, though rare, include injection site pain, inflammation, and other issues. Patients should discuss risks and benefits with their physician before treatment.

Augmenix's top competitors include AmacaThera, LifeSprout and Regentis Biomaterials.

Augmenix has 8 investors. Key investors include Boston Scientific, Varian, Pinnacle Ventures, Excelestar Ventures, and Catalyst Health Ventures.

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