About Canute Medical
Canute Medical is a company based in Oakville (Canada) founded in 2012 was acquired by Probo Medical in April 2022.. Canute Medical offers products and services including Installation and Deinstallation, Storage, Transportation, Ultrasound Probe Repair, and MRI Coil Repair. Canute Medical operates in a competitive market with competitors including Avante Health Solutions, DirectMed Parts, RENOVO SOLUTIONS, Life Systems and Shared Imaging, among others.
- Headquarter Oakville, Canada
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Probo Medical
(Apr 05, 2022)
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Products & Services of Canute Medical
Canute Medical offers a comprehensive portfolio of products and services, including Installation and Deinstallation, Storage, Transportation, Ultrasound Probe Repair, and MRI Coil Repair. 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.
Services for installing and removing diagnostic imaging equipment securely.
Secure warehousing for diagnostic medical equipment storage.
Reliable shipping of diagnostic imaging equipment across regions.
Repairs for ultrasound probes to maintain equipment functionality.
Repairs for MRI coils to ensure accurate diagnostic operations.
Assistance in selling used diagnostic imaging equipment.
Funding Insights of Canute Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Canute Medical
Canute Medical has secured backing from 1 investor. Prominent investors backing the company include Probo Medical. 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.
| Investor | Description | Founded Year | Domain | Location |
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Refurbished and new diagnostic imaging equipment and services are supplied.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Canute Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Canute Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canute Medical Comparisons
Competitors of Canute Medical
Canute Medical 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 Avante Health Solutions, DirectMed Parts, RENOVO SOLUTIONS, Life Systems and Shared Imaging, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Diversified medical devices are manufactured by the company.
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| domain | founded_year | HQ Location |
Maintenance and support services for medical devices are provided.
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| domain | founded_year | HQ Location |
Medical device maintenance and support services provider
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| domain | founded_year | HQ Location |
Life Systems is recognized as a leader in perfusion services for cardiac surgery in Germany.
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| domain | founded_year | HQ Location |
Healthcare consulting and imaging equipment maintenance services are provided.
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| domain | founded_year | HQ Location |
Provider of medical device maintenance and management services for healthcare providers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Canute Medical
When was Canute Medical founded?
Canute Medical was founded in 2012.
Where is Canute Medical located?
Canute Medical is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.
What does Canute Medical do?
Canute Medical was founded in 2012 and is headquartered in Oakville, Canada. Operations focus on the healthcare sector, where medical equipment is remarketed through resale and redistribution channels. Logistics services are handled for transportation and distribution, while storage solutions are offered for secure inventory management. These activities support healthcare providers and facilities across Canada via the domain canute.ca.
Who are the top competitors of Canute Medical?
Canute Medical's top competitors include DirectMed Parts, Life Systems and Olympus Medical.
What products or services does Canute Medical offer?
Canute Medical offers Installation and Deinstallation, Storage, Transportation, Ultrasound Probe Repair, and 2 more products and services.
Who are Canute Medical's investors?
Canute Medical has 1 investor. Key investors include Probo Medical.