Exact Imaging

Markham, Canada Founded: 2013 • Age: 13 yrs
Micro-ultrasound devices for prostate imaging and biopsies are developed.

About Exact Imaging

Exact Imaging is a company based in Markham (Canada) founded in 2013. It operates as a HealthTech, and Direct-to-Consumer (D2C). Exact Imaging has raised $39.91 million across 6 funding rounds from investors including PMV, Vesalius Biocapital Partners and Veddis. Exact Imaging offers products and services including ExactVu Micro-Ultrasound System, EV29L Transducer, and FusionVu. Exact Imaging operates in a competitive market with competitors including KOELIS, Triopsy, Clariflow, Focal Healthcare and UROCAM, among others.

  • Headquarter Markham, Canada
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Exact Imaging
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $39.91 M (USD)

    in 6 rounds

  • Latest Funding Round
    $10 M (USD), Series D

    Feb 10, 2026

  • Investors
    PMV

    & 5 more

  • Employee Count
    Employee Count
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Products & Services of Exact Imaging

Exact Imaging offers a comprehensive portfolio of products and services, including ExactVu Micro-Ultrasound System, EV29L Transducer, and FusionVu. 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.

Primary

High-resolution ultrasound system for targeted prostate biopsies.

Transducer used for high-resolution prostate imaging procedures.

Software for MRI and ultrasound fusion in biopsies.

People of Exact Imaging
Headcount 10-50
Employee Profiles 22
Employee Profiles
People
Randy AuCoin
President & CEO
People
Brian Wodlinger
VP, Engineering & Clinical
People
Russell Daling
Director, Manufacturing & Service
People
Sandy Smith
Quality Management System Associate

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Funding Insights of Exact Imaging

Exact Imaging has successfully raised a total of $39.91M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $10 million completed in February 2026. 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 6
  • Last Round Series D — $10.0M
  • First Round
  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2026 Amount Series D - Exact Imaging Valuation iGan Partners
Nov, 2019 Amount Series C - Exact Imaging Valuation

investors

Feb, 2019 Amount Series C - Exact Imaging 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 Exact Imaging

Exact Imaging has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include PMV, Vesalius Biocapital Partners and Veddis. 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
Investor Description Founded Year Domain Location
Lumira Ventures is engaged in life sciences venture capital investment.
Founded Year Domain Location
Life sciences-focused VC firm investing in Europe and Canada
Founded Year Domain Location
Private debt funds are managed across multiple sectors.
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 Exact Imaging

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 - Exact Imaging

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

Exact Imaging Comparisons

Employees
+
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Competitors of Exact Imaging

Exact Imaging 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 KOELIS, Triopsy, Clariflow, Focal Healthcare and UROCAM, 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
MRI/ultrasound fusion biopsy systems for prostate care are developed.
domain founded_year HQ Location
Medical device for precise prostate cancer diagnosis is developed.
domain founded_year HQ Location
Provides DIY test kits for benign prostatic hyperplasia (BPH).
domain founded_year HQ Location
MRI/TRUS fusion systems for prostate biopsy guidance are developed.
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 Exact Imaging

Frequently Asked Questions about Exact Imaging

When was Exact Imaging founded?

Exact Imaging was founded in 2013.

Where is Exact Imaging located?

Exact Imaging is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.

Is Exact Imaging a funded company?

Exact Imaging is a funded company, having raised a total of $39.91M across 6 funding rounds to date. The company's 1st funding round was a Series C of $7.61M, raised on Jun 01, 2013.

What does Exact Imaging do?

Exact Imaging is engaged in the development and distribution of high-resolution micro-ultrasound systems, primarily for urological applications. The companys flagship product, the ExactVu system, is designed to assist urologists in performing targeted prostate biopsies within standard workflows. Solutions are provided for both high-resolution and conventional imaging needs, covering procedures such as abdominal, testicular, and large prostate imaging. The technology is utilized in the healthcare sector, specifically targeting diagnostic imaging challenges with innovative tools and protocols like PRI-MUS for evidence-based targeting.

Who are the top competitors of Exact Imaging?

Exact Imaging's top competitors include KOELIS, Triopsy and Focal Healthcare.

What products or services does Exact Imaging offer?

Exact Imaging offers ExactVu Micro-Ultrasound System, EV29L Transducer, and FusionVu.

Who are Exact Imaging's investors?

Exact Imaging has 6 investors. Key investors include PMV, Vesalius Biocapital Partners, Veddis, Lumira Ventures, and iGan Partners.

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