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
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Channel Medsystems
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$47.67 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Boston Scientific
& 9 more
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Employee Count
37
as on Dec 31, 2022
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Acquired by
Boston Scientific
(Nov 01, 2017)
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(03 May 2013)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series C - Channel Medsystems | Valuation | InnovaHealth Partners , Green Park & Golf Ventures | |
| Aug, 2017 | Amount | Series C - Channel Medsystems | Valuation |
investors |
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| Jul, 2015 | Amount | Series C - Channel Medsystems | Valuation | Third Point Ventures |
| 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 |
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. 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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InnovaHealth Partners is focused on medical device private equity investments.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are made in medical startups.
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Founded Year | Domain | Location | |
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Venture capital is directed toward healthcare companies by Longwood Fund.
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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 Channel Medsystems
| 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 - Channel Medsystems
| 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 |
Channel Medsystems Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A minimally invasive ablation system for uterine fibroids is developed.
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| domain | founded_year | HQ Location |
Minerva Surgical is focused on uterine health solutions.
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| domain | founded_year | HQ Location |
Gynecological devices for office-based procedures are designed and developed.
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| domain | founded_year | HQ Location |
Medical devices for women's health and infertility treatment are developed.
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| domain | founded_year | HQ Location |
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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Channel Medsystems
Frequently Asked Questions about Channel Medsystems
When was Channel Medsystems founded?
Channel Medsystems was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Where is Channel Medsystems located?
Channel Medsystems is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Channel Medsystems a funded company?
Channel Medsystems is a funded company, having raised a total of $47.67M across 5 funding rounds to date. The company's 1st funding round was a Series C of $23.87M, raised on May 03, 2013.
How many employees does Channel Medsystems have?
As of Dec 31, 2022, the latest employee count at Channel Medsystems is 37.
What does Channel Medsystems do?
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.
Who are the top competitors of Channel Medsystems?
Channel Medsystems's top competitors include Gynesonics, Minerva Surgical and LUMINELLE.
Who are Channel Medsystems's investors?
Channel Medsystems has 10 investors. Key investors include Boston Scientific, InnovaHealth Partners, Green Park & Golf Ventures, Longwood Fund, and Third Point.