About Interlace Medical
Interlace Medical is a company based in Framingham (United States) founded in 2006 was acquired by Hologic in January 2011.. Interlace Medical has raised $32.5 million across 3 funding rounds from investors including Hologic, New Leaf Venture Partners and Tekla Capital Management. Interlace Medical operates in a competitive market with competitors including Gynesonics, Channel Medsystems, Minerva Surgical, nVision Medical and Yingzi Medical, among others.
- Headquarter Framingham, United States
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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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- Legal Name Interlace Medical, Inc
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Funding Insights of Interlace Medical
Interlace Medical has successfully raised a total of $32.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $20.5 million completed in June 2009. 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 3
- Last Round Series C — $20.5M
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First Round
First Round
(21 May 2007)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2009 | Amount | Series C - Interlace Medical | Valuation | Baird Capital | |
| Jul, 2008 | Amount | Series B - Interlace Medical | Valuation |
investors |
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| May, 2007 | Amount | Series A - Interlace Medical | 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 Interlace Medical
Interlace Medical has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Hologic, New Leaf Venture Partners and Tekla Capital Management. 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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VC firm investing in expansion stage tech and life sciences companies in the US
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Founded Year | Domain | Location | |
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Stage-agnostic investments in US life sciences are managed.
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Founded Year | Domain | Location | |
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Global private equity and venture capital investments in B2B Tech & Services companies.
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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 Interlace Medical
| 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 - Interlace Medical
| 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 |
Interlace Medical Comparisons
Competitors of Interlace Medical
Interlace Medical 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 Gynesonics, Channel Medsystems, Minerva Surgical, 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 |
A minimally invasive ablation system for uterine fibroids is developed.
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| domain | founded_year | HQ Location |
Cryothermic technology for endometrial ablation to control heavy bleeding
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| domain | founded_year | HQ Location |
Minerva Surgical is focused on uterine health solutions.
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| domain | founded_year | HQ Location |
Medical devices for women's health and infertility treatment are developed.
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| 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.
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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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Frequently Asked Questions about Interlace Medical
When was Interlace Medical founded?
Interlace Medical was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is Interlace Medical located?
Interlace Medical is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts, United States.
Is Interlace Medical a funded company?
Interlace Medical is a funded company, having raised a total of $32.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on May 21, 2007.
What does Interlace Medical do?
Interlace Medical was founded in 2006 in Framingham, United States, within the medical devices sector focused on gynecology. Devices are developed for interventional gynecologists to enable office-based treatments for conditions such as submucosal fibroids and polyps, reducing the need for operating room surgeries. Key products include the MyoSure hysteroscopic tissue removal system. The company was acquired by Hologic in January 2011.
Who are the top competitors of Interlace Medical?
Interlace Medical's top competitors include Gynesonics, Channel Medsystems and Minerva Surgical.
Who are Interlace Medical's investors?
Interlace Medical has 7 investors. Key investors include Hologic, New Leaf Venture Partners, Tekla Capital Management, HLM Venture Partners, and Baird Capital.