About Cynosure Lutronic
Cynosure Lutronic is a company based in Westford (United States) founded in 1991 was acquired by Hahn & Company in April 2024. It operates as a Reseller / Distribution, and Professional Services. Cynosure Lutronic has raised $180 thousand across 4 funding rounds from investors including Hologic, CD&R and Hahn & Company. The company has 669 employees as of December 31, 2017. Cynosure Lutronic has completed 4 acquisitions, including Eleme Medical, Ellman International and Palomar College. Cynosure Lutronic offers products and services including XERF™, Clarity II, Genius, and PicoSure Pro. Cynosure Lutronic operates in a competitive market with competitors including Espansione Group, Revian, Omnilux Medical, TheraLight and Helight, among others.
- Headquarter Westford, United States
- Employees 669 as on 31 Dec, 2017
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$433.53 M28as on Dec 31, 2016
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Net Profit
$14.2 M-10as on Dec 31, 2016
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EBITDA
$27.34 M4as on Dec 31, 2016
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Total Equity Funding
$180 K (USD)
in 4 rounds
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Latest Funding Round
$26.73 M (USD), Post-IPO
Jul 06, 2022
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Investors
Hologic
& 2 more
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Employee Count
669
as on Dec 31, 2017
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Investments & Acquisitions
Eleme Medical
& 3 more
- Acquired by
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Products & Services of Cynosure Lutronic
Cynosure Lutronic offers a comprehensive portfolio of products and services, including XERF™, Clarity II, Genius, and PicoSure Pro. 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.
Skin tightening technology is provided for aesthetic treatments.
Laser technology is offered for various skin treatments.
RF technology is used for skin rejuvenation purposes.
Advanced laser system is designed for skin treatments.
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Sales and Marketing
38 people
Software Development Team
20 people
Leadership Team
15 people
Senior Team
11 people
Operations Team
8 people
Finance and Accounting
6 people
Field Team
6 people
Human Resources and Administration
6 people
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Funding Insights of Cynosure Lutronic
Cynosure Lutronic has successfully raised a total of $180K across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $26.73 million completed in July 2022. 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 Post-IPO — $26.7M
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First Round
First Round
(16 Mar 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Post-IPO - Cynosure Lutronic | Valuation |
investors |
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| May, 2022 | Amount | Post-IPO - Cynosure Lutronic | Valuation |
investors |
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| Dec, 2019 | Amount | Post-IPO - Cynosure Lutronic | Valuation |
investors |
| 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 Cynosure Lutronic
Cynosure Lutronic has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Hologic, CD&R and Hahn & Company. 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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Hahn & Company is recognized as Korea’s leading private equity investment group.
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Founded Year | Domain | Location | |
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A private equity firm focused on building long-term business value.
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Founded Year | Domain | Location | |
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Diagnostic and surgical products for women's healthcare are provided.
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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 Cynosure Lutronic
Cynosure Lutronic has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Eleme Medical, Ellman International and Palomar College. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Non-invasive laser and light therapy for cellulite reduction is provided.
|
2007 | ||||
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Lasers and other light-based products, and related disposable items and accessories for use in dermatology and cosmetic procedures.
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1987 | ||||
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Surgical devices that are used in aesthetics, medical, dental, and veterinary procedures
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1959 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cynosure Lutronic
| 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 |
Cynosure Lutronic Comparisons
Competitors of Cynosure Lutronic
Cynosure Lutronic 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 Espansione Group, Revian, Omnilux Medical, TheraLight and Helight, 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 |
Developer of Photobiostimulation for various medical applications
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| domain | founded_year | HQ Location |
Offers light-based devices for treating hair loss at home effectively.
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| domain | founded_year | HQ Location |
LED phototherapy systems for skin diseases are developed.
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| domain | founded_year | HQ Location |
Provides red light therapy beds to promote cellular health and reduce oxidative stress.
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| domain | founded_year | HQ Location |
Photobiomodulation therapy devices are developed for health and wellness applications.
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| domain | founded_year | HQ Location |
Phototherapy devices for treating fungal nail infections are provided.
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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 Cynosure Lutronic
Frequently Asked Questions about Cynosure Lutronic
When was Cynosure Lutronic founded?
Cynosure Lutronic was founded in 1991 and raised its 1st funding round 27 years after it was founded.
Where is Cynosure Lutronic located?
Cynosure Lutronic is headquartered in Westford, United States. It is registered at Westford, Massachusetts, United States.
Is Cynosure Lutronic a funded company?
Cynosure Lutronic is a funded company, having raised a total of $180K across 4 funding rounds to date.
How many employees does Cynosure Lutronic have?
As of Dec 31, 2017, the latest employee count at Cynosure Lutronic is 669.
What is the annual revenue of Cynosure Lutronic?
Annual revenue of Cynosure Lutronic is $433.53M as on Dec 31, 2016.
What does Cynosure Lutronic do?
Innovative laser and RF technologies are provided by Cynosure Lutronic for aesthetic and gynecologic applications. Solutions are utilized worldwide by practitioners and aesthetic business owners to enhance service offerings. A comprehensive array of technical, clinical, and support services is offered to maximize provider growth. Cutting-edge treatments are delivered to patients across various sectors including dermatology and cosmetic surgery.
Who are the top competitors of Cynosure Lutronic?
Cynosure Lutronic's top competitors include Espansione Group, Photothera Labs and Keraderm.
What products or services does Cynosure Lutronic offer?
Cynosure Lutronic offers XERF™, Clarity II, Genius, and PicoSure Pro.
How many acquisitions has Cynosure Lutronic made?
Cynosure Lutronic has made 4 acquisitions, including Eleme Medical, Ellman International, and Palomar College.
Who are Cynosure Lutronic's investors?
Cynosure Lutronic has 3 investors. Key investors include Hologic, CD&R, and Hahn & Company.