CTSI

Pittsburgh, United States Founded: 2006 • Age: 20 yrs Acquired By Varian Medical Systems
Clinical and administrative solutions for cancer treatment are provided.
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About CTSI

CTSI is a company based in Pittsburgh (United States) founded in 2006 by Peter Ellis and Stanley Marks was acquired by Varian Medical Systems in May 2019.. CTSI has raised $2 million across 1 funding round from investors including Varian and TPG. The company has 5 employees as of December 31, 2017.

  • Headquarter Pittsburgh, United States
  • Employees 5 as on 31 Dec, 2017
  • Founders Peter Ellis, Stanley Marks
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Seed

    Mar 16, 2009

  • Investors
    Varian

    & 1 more

  • Employee Count
    5

    as on Dec 31, 2017

  • Acquired by
    Varian Medical Systems

    & 1 more

    (May 20, 2019)

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Funding Insights of CTSI

CTSI has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in March 2009. 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 1
  • Last Round Seed — $2.0M
  • First Round

    (16 Mar 2009)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2009 Amount Seed - CTSI Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CTSI

CTSI has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Varian and TPG. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
Founded Year Domain Location
Varian is focused on developing cancer treatment technologies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CTSI

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CTSI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ctsi Comparisons

Employees
+
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Competitors of CTSI

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ctsi

Frequently Asked Questions about CTSI

When was CTSI founded?

CTSI was founded in 2006 and raised its 1st funding round 3 years after it was founded.

Where is CTSI located?

CTSI is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Is CTSI a funded company?

CTSI is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Mar 16, 2009.

How many employees does CTSI have?

As of Dec 31, 2017, the latest employee count at CTSI is 5.

What does CTSI do?

CTSI was founded in 2006 in Pittsburgh, United States, within the healthcare sector focused on oncology. A network of cancer treatment facilities has been established, including the flagship American Oncology Institute. Services offered encompass radiation oncology, medical oncology, surgical oncology, diagnostics, and support care for complex diseases. Operations are centered on clinical and administrative solutions to support treatment processes.

Who are CTSI's investors?

CTSI has 2 investors. Key investors include Varian, and TPG.

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