Gynesonics

Redwood City, United States Founded: 2005 • Age: 21 yrs Acquired By Hologic
A minimally invasive ablation system for uterine fibroids is developed.
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About Gynesonics

Gynesonics is a company based in Redwood City (United States) founded in 2005 was acquired by Hologic in October 2024. It operates as a HealthTech. Gynesonics has raised $282.54 million across 14 funding rounds from investors including Hologic, Bain Capital and Hercules Capital. The company has 92 employees as of December 31, 2022. Gynesonics offers products and services including Sonata System. Gynesonics operates in a competitive market with competitors including Channel Medsystems, Minerva Surgical, Interlace Medical, nVision Medical and Yingzi Medical, among others.

  • Headquarter Redwood City, United States
  • Employees 92 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gynesonics, Inc
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $282.54 M (USD)

    in 14 rounds

  • Latest Funding Round
  • Investors
    Hologic

    & 15 more

  • Employee Count
    92

    as on Dec 31, 2022

  • Acquired by
    Hologic

    (Oct 14, 2024)

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Products & Services of Gynesonics

Gynesonics offers a comprehensive portfolio of products and services, including Sonata System. 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

Intrauterine fibroid ablation system using ultrasound-guided radiofrequency.

People of Gynesonics
Headcount 50-200
Employee Profiles 21
Board Members and Advisors 4
Employee Profiles
People
Daniel Spaner
Regional Sales Manager
People
Paul Russo
Regional Sales Manager
People
James Sparks
Senior Vice President Global Operations
People
Jordan Bajor
COO

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Board Members and Advisors
people
Alexander Schmitz
Director
people
David Pacitti
Independent Director
people
Greg Greifeld
Director

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Funding Insights of Gynesonics

Gynesonics has successfully raised a total of $282.54M across 14 strategic funding rounds. 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 14
  • Last Round
  • First Round

    (24 Jan 2007)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2023 Amount Series F - Gynesonics Valuation Kaiser Permanente Ventures , Amzak Health
MVM
Apr, 2023 Amount Series F - Gynesonics Valuation Amzak Health , Endeavour Vision
MVM
Jan, 2021 Amount Debt – Conventional - Gynesonics 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 Gynesonics

Gynesonics has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Hologic, Bain Capital and Hercules Capital. 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
Tech and Life Sciences focused corporate VC firm investing in the US
Founded Year Domain Location
Amzak Health is engaged in venture investments in life sciences.
Founded Year Domain Location
Endeavour Vision is focused on transformative healthcare technology investments.
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 Gynesonics

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 - Gynesonics

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

Gynesonics Comparisons

Employees
+
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Competitors of Gynesonics

Gynesonics 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 Channel Medsystems, Minerva Surgical, Interlace Medical, nVision Medical and Yingzi Medical, 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
Cryothermic technology for endometrial ablation to control heavy bleeding
domain founded_year HQ Location
Minerva Surgical is focused on uterine health solutions.
domain founded_year HQ Location
Gynecological devices for office-based procedures are designed and developed.
domain founded_year HQ Location
Medical devices for women's health and infertility treatment are developed.
domain founded_year HQ Location
Manufacturer of minimally invasive gynecological medical devices and systems. The company develops and produces a range of products for hysteroscopic procedures, cervical health management, female rehabilitation, and gynecological diagnostics. These products are designed to improve clinical outcomes and enhance the patient experience. The company also provides medical training programs to support the use of its technologies.
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 Gynesonics

Frequently Asked Questions about Gynesonics

When was Gynesonics founded?

Gynesonics was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Where is Gynesonics located?

Gynesonics is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.

Is Gynesonics a funded company?

Gynesonics is a funded company, having raised a total of $282.54M across 14 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $50M, raised on Jan 24, 2007.

How many employees does Gynesonics have?

As of Dec 31, 2022, the latest employee count at Gynesonics is 92.

What does Gynesonics do?

Medical technologies for womens health are advanced by Gynesonics. Solutions for heavy periods and uterine fibroids are provided through minimally invasive procedures. The Sonata System, a transcervical fibroid ablation technology, is offered as a key product. Focus is placed on combining ultrasound guidance with radiofrequency energy. The healthcare sector, specifically womens health, is primarily targeted.

Who are the top competitors of Gynesonics?

Gynesonics's top competitors include Channel Medsystems, Minerva Surgical and LUMINELLE.

What products or services does Gynesonics offer?

Gynesonics offers Sonata System.

Who are Gynesonics's investors?

Gynesonics has 16 investors. Key investors include Hologic, Bain Capital, Hercules Capital, Abingworth, and MVM Partners.

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