About GT Medical Technologies
GT Medical Technologies is a company based in Tempe (United States) founded in 2017 by Theresa Thomas, Emad Youssef, David G Brachman, Heyoung McBride, and Peter Nakaji.. GT Medical Technologies has raised $129.94 million across 7 funding rounds from investors including Horizon Tech Finance, MVM Partners and Gilde Healthcare. GT Medical Technologies offers products and services including GammaTile Therapy. GT Medical Technologies operates in a competitive market with competitors including HEPTA Medical, Curative Biotech, Laevoroc Oncology, Rongsheng Medical and InCephalo, among others.
- Headquarter Tempe, United States
- Founders Theresa Thomas, Emad Youssef, David G Brachman, Heyoung McBride, Peter Nakaji
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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
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Net Profit
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EBITDA
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Total Equity Funding
$129.94 M (USD)
in 7 rounds
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Latest Funding Round
$53.3 M (USD), Series C
Dec 23, 2024
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Investors
Horizon Tech Finance
& 6 more
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Employee Count
Employee Count
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Products & Services of GT Medical Technologies
GT Medical Technologies offers a comprehensive portfolio of products and services, including GammaTile Therapy. 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.
Surgically targeted radiation to treat brain tumors and minimize side effects
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Funding Insights of GT Medical Technologies
GT Medical Technologies has successfully raised a total of $129.94M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $53.3 million completed in December 2024. 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 7
- Last Round Series C — $53.3M
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First Round
First Round
(06 Dec 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series C - GT Medical Technologies | Valuation | Evidity Health Capital | |
| Sep, 2024 | Amount | Debt – Venture - GT Medical Technologies | Valuation |
investors |
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| Mar, 2023 | Amount | Series C - GT Medical Technologies | Valuation | Gilde Healthcare |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 GT Medical Technologies
GT Medical Technologies has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Horizon Tech Finance, MVM Partners and Gilde Healthcare. 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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Structured debt is provided to life sciences and technology firms.
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Private equity and venture captial firm focused on healthcare sectors
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Private equity investments in healthcare companies are managed.
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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 GT Medical Technologies
| 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 - GT Medical Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Gt Medical Technologies Comparisons
Competitors of GT Medical Technologies
GT Medical Technologies 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 HEPTA Medical, Curative Biotech, Laevoroc Oncology, Rongsheng Medical and InCephalo, 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 |
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| domain | founded_year | HQ Location |
Minimally invasive ablation catheters for pulmonary nodules are developed endoscopically.
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| domain | founded_year | HQ Location |
Therapeutic drugs for cancer, eye, and infectious diseases are developed.
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| domain | founded_year | HQ Location |
Therapeutics for pancreatic, ovarian, breast, and brain cancers are developed.
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| domain | founded_year | HQ Location |
Developer of precision internal radiation interventional therapy for tumors
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| domain | founded_year | HQ Location |
Therapeutics for neurological disorders are developed using barrier-retaining technology.
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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 Gt Medical Technologies
Frequently Asked Questions about GT Medical Technologies
When was GT Medical Technologies founded?
GT Medical Technologies was founded in 2017.
Where is GT Medical Technologies located?
GT Medical Technologies is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Is GT Medical Technologies a funded company?
GT Medical Technologies is a funded company, having raised a total of $129.94M across 7 funding rounds to date. The company's 1st funding round was a Series C of $45M, raised on Dec 06, 2017.
What does GT Medical Technologies do?
GT Medical Technologies providers medical devices for radiation therapy for brain tumor treatment. It offers GammaTile Therapy is surgically targeted radiation therapy (STaRT) for patients with recurrent brain tumors. The technology uses a combination of a collagen matrix with brachytherapy (radiation) seeds. The technology of the compnay is protected by 10 US and 2 Canadian issued patents, and 1 EPO patent.
Who are the top competitors of GT Medical Technologies?
GT Medical Technologies's top competitors include Laevoroc Oncology, HEPTA Medical and Curative Biotech.
What products or services does GT Medical Technologies offer?
GT Medical Technologies offers GammaTile Therapy.
Who are GT Medical Technologies's investors?
GT Medical Technologies has 7 investors. Key investors include Horizon Tech Finance, MVM Partners, Gilde Healthcare, MedTech Venture Partners, and BlueStone Venture Partners.
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