GE Healthcare

Chicago, United States Founded: 1892 • Age: 134 yrs Acquired By Danaher
Materials management solutions are provided for healthcare organizations.
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About GE Healthcare

GE Healthcare is a company based in Chicago (United States) founded in 1892 was acquired by Danaher in April 2020.. GE Healthcare has raised $29.13 million across 12 funding rounds from investors including NeoGenomics, Danaher and gov.il. The company has 53,000 employees as of December 31, 2024. GE Healthcare has completed 36 acquisitions, including API Healthcare, Agility Healthcare and Asymptote. GE Healthcare offers products and services including Imaging Systems, Ultrasound Devices, and Digital Solutions. GE Healthcare operates in a competitive market with competitors including Medtronic, Boston Scientific, CONMED, Johnson & Johnson and Commure, among others.

  • Headquarter Chicago, United States
  • Employees 53000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ge Healthcare Technologies Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
    $19.67 B
    0.61
    as on Dec 31, 2024
  • Net Profit
    $1.99 B
    27.1
    as on Dec 31, 2024
  • EBITDA
    $3.54 B
    4.06
    as on Dec 31, 2024
  • Total Equity Funding
    $29.13 M (USD)

    in 12 rounds

  • Latest Funding Round
    $44 M (USD), Grant

    Sep 18, 2023

  • Investors
    NeoGenomics

    & 6 more

  • Employee Count
    53000

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Danaher

    & 2 more

    (Apr 01, 2020)

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IPO & Listings of GE Healthcare

GE Healthcare is a publicly listed company on the NASDAQ with ticker symbol GEHC in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: GEHC . Sector: Health technology · USA

Products & Services of GE Healthcare

GE Healthcare offers a comprehensive portfolio of products and services, including Imaging Systems, Ultrasound Devices, and Digital Solutions. 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

Equipment for diagnostic imaging in healthcare settings

Tools for cardiovascular and general imaging applications

Software for enterprise imaging and data management

People of GE Healthcare
Headcount 10000+
Employee Profiles 741
Board Members and Advisors 8
Employee Profiles
People
Anca Paraian
Executive Counsel - Mergers And Acquisitions
People
Mary Rindo
Sr HR Business Partner, Operating Functions
People
Carolynne Borders
Chief Investor Relations Officer
People
Brian Smith
Senior Manager, Global Digital Marketing Strategy

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Board Members and Advisors
people
H. Lawrence Culp
Director
people
Rodney F. Hochman
Director
people
Risa Lavizzo-Mourey
Director
people
Anne T. Madden
Director

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Funding Insights of GE Healthcare

GE Healthcare has successfully raised a total of $29.13M across 12 strategic funding rounds. The most recent funding activity was a Grant round of $44 million completed in September 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 Rounds 12
  • Last Round Grant — $44.0M
  • First Round

    (27 Jun 2007)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Grant - GE Healthcare Valuation

investors

May, 2021 Amount Grant - GE Healthcare Valuation

investors

Sep, 2020 Amount Grant - GE Healthcare 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 GE Healthcare

GE Healthcare has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include NeoGenomics, Danaher and gov.il. 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
Technology enterprises are targeted for private equity investments.
Founded Year Domain Location
Charitable foundation investments on poverty reduction and healthcare
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 GE Healthcare

GE Healthcare has strategically engaged in corporate development activities, having acquired 36 companies. Notable acquisitions include API Healthcare, Agility Healthcare and Asymptote. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Molecular imaging platforms for oncology diagnostics are developed by Zionexa.
2018
Provider of AI-based platform for diagnosis
2013
Purification solutions for biotherapeutic manufacturing are provided.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - GE Healthcare

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

Ge Healthcare Comparisons

Employees
+
Add Comparison
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Competitors of GE Healthcare

GE Healthcare 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 Medtronic, Boston Scientific, CONMED, Johnson & Johnson and Commure, 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
Medical equipment for treating over 30 chronic diseases is developed.
domain founded_year HQ Location
Wide range of medical devices
domain founded_year HQ Location
Surgical instruments are manufactured for multiple therapeutic areas.
domain founded_year HQ Location
Healthcare solutions are provided by Johnson & Johnson globally.
domain founded_year HQ Location
Complex healthcare challenges are addressed through technology solutions by Commure.
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 Ge Healthcare

Frequently Asked Questions about GE Healthcare

When was GE Healthcare founded?

GE Healthcare was founded in 1892 and raised its 1st funding round 115 years after it was founded.

Where is GE Healthcare located?

GE Healthcare is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Who is the current CEO of GE Healthcare?

Rob Walton is the current CEO of GE Healthcare.

Is GE Healthcare a funded company?

GE Healthcare is a funded company, having raised a total of $29.13M across 12 funding rounds to date. The company's 1st funding round was a Grant of $676.84K, raised on Jun 27, 2007.

How many employees does GE Healthcare have?

As of Dec 31, 2024, the latest employee count at GE Healthcare is 53,000.

What is the annual revenue of GE Healthcare?

Annual revenue of GE Healthcare is $19.67B as on Dec 31, 2024.

What does GE Healthcare do?

GE Healthcare was founded in 1892 and is headquartered in Chicago, United States. Operations focus on the healthcare sector, where medical imaging, information technologies, diagnostics, patient monitoring, drug discovery, biopharmaceutical manufacturing, and performance improvement solutions are delivered. Expertise is applied across these areas to support organizational needs in medical and pharmaceutical fields.

Who are the top competitors of GE Healthcare?

GE Healthcare's top competitors include Medtronic, Boston Scientific and Johnson & Johnson.

What products or services does GE Healthcare offer?

GE Healthcare offers Imaging Systems, Ultrasound Devices, and Digital Solutions.

Is GE Healthcare publicly traded?

Yes, GE Healthcare is publicly traded on NASDAQ under the ticker symbol GEHC.

How many acquisitions has GE Healthcare made?

GE Healthcare has made 36 acquisitions, including API Healthcare, Agility Healthcare, and Asymptote.

Who are GE Healthcare's investors?

GE Healthcare has 7 investors. Key investors include NeoGenomics, Danaher, gov.il, Gates Foundation, and European Union.

What is GE Healthcare's ticker symbol?

The ticker symbol of GE Healthcare is GEHC on NASDAQ.

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