About Centerline Biomedical
Centerline Biomedical is a company based in Cleveland (United States) founded in 2014 by Vikash Goel.. Centerline Biomedical has raised $76.26 million across 13 funding rounds from investors including GE Healthcare, NIH and HHS. Centerline Biomedical offers products and services including IOPS Technology, IOPS Software, and Viewpoint Catheters. Centerline Biomedical operates in a competitive market with competitors including Augmedics, Proprio, ClearPoint Neuro, IMRIS Deerfield Imaging and eCential Robotics, among others.
- Headquarter Cleveland, United States
- Founders Vikash Goel
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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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- Legal Name Centerline Technologies Private Limited
- Date of Incorporation 07 Feb, 2020
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$31.19 K (USD)119.21as on Mar 31, 2022
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Net Profit
$2.48 K (USD)111.22as on Mar 31, 2022
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EBITDA
$18.02 K (USD)100.68as on Mar 31, 2022
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Total Equity Funding
$76.26 M (USD)
in 13 rounds
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Latest Funding Round
$10.78 M (USD), Series B
Apr 11, 2025
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Investors
GE Healthcare
& 8 more
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Employee Count
Employee Count
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Products & Services of Centerline Biomedical
Centerline Biomedical offers a comprehensive portfolio of products and services, including IOPS Technology, IOPS Software, and Viewpoint Catheters. 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.
Provides real-time 3D guidance for endovascular procedures to reduce radiation.
Interactive tool for precise positioning in medical interventions.
Catheters integrated with navigation tech for safer procedures.
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Funding Insights of Centerline Biomedical
Centerline Biomedical has successfully raised a total of $76.26M across 13 strategic funding rounds. The most recent funding activity was a Series B round of $10.78 million completed in April 2025. 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 Funding
- Total Rounds 13
- Last Round Series B — $10.8M
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First Round
First Round
(15 Aug 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - Centerline Biomedical | Valuation |
investors |
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| Apr, 2025 | Amount | Debt – Conventional - Centerline Biomedical | Valuation |
investors |
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| Feb, 2022 | Amount | Series B - Centerline Biomedical | Valuation | Cleveland Clinic |
| 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 Centerline Biomedical
Centerline Biomedical has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include GE Healthcare, NIH and HHS. 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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Venture capital funding is provided to tech startups by JumpStart Ventures.
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Venture capital fund investing in tech companies
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Founded Year | Domain | Location | |
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Healthcare services are provided by a leading academic medical center.
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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 Centerline Biomedical
| 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 - Centerline Biomedical
| 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 |
Centerline Biomedical Comparisons
Competitors of Centerline Biomedical
Centerline Biomedical 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 Augmedics, Proprio, ClearPoint Neuro, IMRIS Deerfield Imaging and eCential Robotics, 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 |
Augmented reality systems for guiding surgical procedures are developed.
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| domain | founded_year | HQ Location |
Visualization systems for surgical procedures are developed using machine learning.
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| domain | founded_year | HQ Location |
Software and hardware solutions for MRI-guided surgical planning are provided.
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| domain | founded_year | HQ Location |
Surgical theatres with ceiling mounted mobile imaging devices to enhance intraoperative workflow
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| domain | founded_year | HQ Location |
Robotic surgery platform for bone procedures is developed.
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| domain | founded_year | HQ Location |
Developer of a device for tumor localization
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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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Latest news on Centerline Biomedical
Frequently Asked Questions about Centerline Biomedical
When was Centerline Biomedical founded?
Centerline Biomedical was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Centerline Biomedical located?
Centerline Biomedical is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of Centerline Biomedical?
Philip D Rackliffe is the current CEO of Centerline Biomedical.
Is Centerline Biomedical a funded company?
Centerline Biomedical is a funded company, having raised a total of $76.26M across 13 funding rounds to date. The company's 1st funding round was a Series B of $34.68M, raised on Aug 15, 2015.
What is the annual revenue of Centerline Biomedical?
Annual revenue of Centerline Biomedical is $31.19K as on Mar 31, 2022.
What does Centerline Biomedical do?
Centerline Biomedical was founded in 2014 in Cleveland, United States, within the medical device sector. Focus is placed on the development of surgical navigation and image guidance systems for endovascular procedures. The Intra-Operative Positioning System (IOPS) is offered as the flagship product, utilizing 3D GPS-like technology for predictive modeling and clinical decision support. Additionally, x-ray fluoroscopy is provided for 2D image guidance in operations.
Who are the top competitors of Centerline Biomedical?
Centerline Biomedical's top competitors include Augmedics, Proprio and ClearPoint Neuro.
What products or services does Centerline Biomedical offer?
Centerline Biomedical offers IOPS Technology, IOPS Software, and Viewpoint Catheters.
Who are Centerline Biomedical's investors?
Centerline Biomedical has 9 investors. Key investors include GE Healthcare, NIH, HHS, Cleveland Clinic, and JobsOhio.
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