About Cydar Medical
Cydar Medical is a company based in London (United Kingdom) founded in 2014 by Tom Carrell and Graeme Penney.. Cydar Medical has raised $21.64 million across 4 funding rounds from investors including Downing, Pembroke VCT and European Union. The company has 49 employees as of February 28, 2022. Cydar Medical offers products and services including Cydar Maps, Intraoperative Guide, Automatic Volume Assessment, and Cydar Companion App. Cydar Medical operates in a competitive market with competitors including Caresyntax, ClearPoint Neuro, Perfint Healthcare, MediView and Apella, among others.
- Headquarter London, United Kingdom
- Employees 49 as on 28 Feb, 2022
- Founders Tom Carrell, Graeme Penney
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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 Cydar Limited
- Date of Incorporation 12 Mar, 2012
- Jurisdiction BARRINGTON, CAMBRIDGESHIRE
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Annual Revenue
$39.22 K (USD)0as on Mar 31, 2017
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Net Profit
$-3.41 M (USD)-173as on Mar 31, 2017
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EBITDA
$-3.91 M (USD)-164as on Mar 31, 2017
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Total Equity Funding
$21.64 M (USD)
in 4 rounds
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Latest Funding Round
$11.5 M (USD), Series A
Feb 13, 2023
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Investors
Downing
& 4 more
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Employee Count
49
as on Feb 28, 2022
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Products & Services of Cydar Medical
Cydar Medical offers a comprehensive portfolio of products and services, including Cydar Maps, Intraoperative Guide, Automatic Volume Assessment, and Cydar Companion App. 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.
Creates 3D plans using AI for vessel measurements and insights.
Provides precise guidance during procedures to enhance accuracy.
Monitors patient outcomes from CT scans pre- and post-surgery.
Enables secure photo sharing and real-time support for teams.
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Funding Insights of Cydar Medical
Cydar Medical has successfully raised a total of $21.64M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $11.5 million completed in February 2023. 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 4
- Last Round Series A — $11.5M
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First Round
First Round
(01 May 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series A - Cydar Medical | Valuation | Pembroke VCT | |
| Sep, 2022 | Amount | Series A - Cydar Medical | Valuation | Downing Ventures |
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| Mar, 2022 | Amount | Series A - Cydar Medical | Valuation | Pembroke VCT |
| 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 Cydar Medical
Cydar Medical has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Downing, Pembroke VCT and European Union. 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 by Pembroke VCT to growth-stage companies.
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Inheritance tax relief, funds, and bonds are provided across sectors.
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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 Cydar 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 - Cydar 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 |
Cydar Medical Comparisons
Competitors of Cydar Medical
Cydar 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 Caresyntax, ClearPoint Neuro, Perfint Healthcare, MediView and Apella, 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 |
Surgical outcomes are enhanced via analytics and integration platform.
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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 |
Solutions for image-guided interventional procedures are developed.
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| domain | founded_year | HQ Location |
Digital medical images are managed for healthcare providers.
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| domain | founded_year | HQ Location |
Surgical systems using AI sensors are developed for operating rooms.
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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 Cydar Medical
Frequently Asked Questions about Cydar Medical
When was Cydar Medical founded?
Cydar Medical was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Cydar Medical located?
Cydar Medical is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Cydar Medical a funded company?
Cydar Medical is a funded company, having raised a total of $21.64M across 4 funding rounds to date. The company's 1st funding round was a Series A of $8.64M, raised on May 01, 2015.
How many employees does Cydar Medical have?
As of Feb 28, 2022, the latest employee count at Cydar Medical is 49.
What is the annual revenue of Cydar Medical?
Annual revenue of Cydar Medical is $39.22K as on Mar 31, 2017.
What does Cydar Medical do?
Cydar Medical was founded in 2014 in London, United Kingdom, within the healthcare technology sector. Software is offered for AI-driven analysis of surgical images and provider management tools. Integration occurs with fixed and mobile X-ray systems to enhance anatomical visualization during endovascular surgery. Additional features support contrast angiography and related imaging processes. Operations focus on medical imaging improvements for surgical environments.
Who are the top competitors of Cydar Medical?
Cydar Medical's top competitors include Caresyntax, ClearPoint Neuro and VitVio.
What products or services does Cydar Medical offer?
Cydar Medical offers Cydar Maps, Intraoperative Guide, Automatic Volume Assessment, and Cydar Companion App.
Who are Cydar Medical's investors?
Cydar Medical has 5 investors. Key investors include Downing, Pembroke VCT, European Union, Downing Ventures, and GWC.