Channel Medsystems

San Francisco, United States Founded: 2009 • Age: 17 yrs Acquired By Boston Scientific
Cryothermic technology for endometrial ablation to control heavy bleeding
Annual revenue - Latest available
Total funding $47.7M 5 rounds
Employees 37 Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Channel Medsystems

Channel Medsystems is a company based in San Francisco (United States) founded in 2009 was acquired by Boston Scientific in November 2017. Channel Medsystems has raised $47.67 million across 5 funding rounds from investors including Boston Scientific, InnovaHealth Partners and Green Park & Golf Ventures. The company has 37 employees as of December 31, 2022. Channel Medsystems operates in a competitive market with competitors including Gynesonics, Minerva Surgical, Interlace Medical, nVision Medical and Yingzi Medical, among others.

  • Headquarter San Francisco, United States
  • Employees 37 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Channel Medsystems
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $47.67 M (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    37

    as on Dec 31, 2022

  • Acquired by
    Boston Scientific

    (Nov 01, 2017)

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People of Channel Medsystems

Headcount 10-50
Employee Profiles 5
Board Members and Advisors 11
Employee Profiles
People
Bill Malecki
COO & CTO
People
Edward Yu
SVP of Clinical & Regulatory
People
Ric Cote
President & CEO
People
Rhonda Bracey
VP of Finance

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Board Members and Advisors
people
Carter Meyer
Director
people
Andrew Farquharson
Director
people
Jason Hong
Director
people
Daniel Burnett
Director

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Funding Insights of Channel Medsystems

Channel Medsystems has successfully raised a total of $47.67M across 5 strategic funding rounds. 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 Channel Medsystems

Channel Medsystems has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Boston Scientific, InnovaHealth Partners and Green Park & Golf Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
InnovaHealth Partners is focused on medical device private equity investments.
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Early-stage venture capital investments are made in medical startups.
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Venture capital is directed toward healthcare companies by Longwood Fund.
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Investor details for Channel Medsystems

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Investments & Acquisitions by Channel Medsystems

Investments
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Investment portfolio details for Channel Medsystems

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Financial Statements - Channel Medsystems

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Detailed financials for Channel Medsystems

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Channel Medsystems Comparisons

Channel Medsystems Primary company
Description
Cryothermic technology for endometrial ablation to control h...
Location
San Francisco, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
37
As of 2022
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Peer comparison for Channel Medsystems

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Competitors of Channel Medsystems

Channel Medsystems 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 Gynesonics, Minerva Surgical, Interlace Medical, nVision Medical and Yingzi Medical, among others.

Company Name Domain Founded year HQ Location Description
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A minimally invasive ablation system for uterine fibroids is developed.
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Minerva Surgical is focused on uterine health solutions.
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Gynecological devices for office-based procedures are designed and developed.
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Medical devices for women's health and infertility treatment are developed.
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Manufacturer of minimally invasive gynecological medical devices and systems. The company develops and produces a range of products for hysteroscopic procedures, cervical health management, female rehabilitation, and gynecological diagnostics. These products are designed to improve clinical outcomes and enhance the patient experience. The company also provides medical training programs to support the use of its technologies.
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Detailed competitors of Channel Medsystems

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Latest news on Channel Medsystems

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Complete news archive for Channel Medsystems

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Frequently Asked Questions about Channel Medsystems

Channel Medsystems was founded in 2009 and raised its 1st funding round 4 years after it was founded.

Channel Medsystems is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Channel Medsystems is a funded company, having raised a total of $47.67M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Channel Medsystems is 37.

Channel Medsystems was founded in 2009 in San Francisco, United States. Operations are centered in the womens healthcare sector, where cryothermic endometrial ablation technology is developed to address heavy menstrual bleeding. Input from clinicians and biomedical engineers at the Theranova incubator was incorporated during development. A self-contained handheld device is employed, integrating cryothermic energy and user controls while eliminating the need for separate equipment.

Channel Medsystems's top competitors include Gynesonics, Minerva Surgical and LUMINELLE.

Channel Medsystems has 10 investors. Key investors include Boston Scientific, InnovaHealth Partners, Green Park & Golf Ventures, Longwood Fund, and Third Point.

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