About Kona Medical
Kona Medical was a Healthcare company based in Issaquah (United States) founded in 2009 by Michael Gertner. It provides ultrasound-based renal denervation solutions for hypertension treatment. It operates on a B2B model. Kona Medical has raised $73.66 million across 7 funding rounds from investors including SVB, Western Technology Investment and Morningside China. The company has 39 employees. Its chief executive is Michael Gertner. The company is recorded as dissolved. Its focus areas include Medical Devices, Cardiovascular Health and Hypertension Treatment. Its legal entity is KONA MEDICAL INC. Its competitors include ReCor Medical, Ablative Solutions, Brattea, Autonomix and Kalos Medical and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Kona Medical operates with a B2B model, focusing on providing healthcare solutions, developing medical devices, cardiovascular health, and hypertension treatment. Provides ultrasound-based renal denervation solutions for hypertension treatment. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Issaquah, United States
- Employees 39
- Founders Michael Gertner
- SectorsHealthcare
- Website konamedical.com
- Social Facebook
- Legal Name Kona Medical Inc
- Total Equity Funding$73.66M (USD)
in 7 rounds
- Latest Funding Round$10M (USD), Series D
Sep 2015
- InvestorsSVB
& 6 more
- Employee Count39
Funding Insights of Kona Medical
Kona Medical has successfully raised a total of $73.66M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $10 million completed in September 2015. 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 $73.66M
- Total Rounds 7
- Last Round Series D — $10M
- First Round $200,011
(Apr 2010)
- Investors Count 7
All 7 funding rounds of Kona Medical with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2015 | $10M | Series D | – | – | – |
| Oct 2013 | $10M | Series D | – | – | |
| Dec 2012 | $10M | Series C | – | – | |
| May 2012 | $30M | Series C | – | – | |
| Jun 2011 | $10.86M | Series B | – | – | – |
| Jun 2010 | $2.6M | Series A | – | – | – |
| Apr 2010 | $200,011 | Seed | – | – | – |
7 investors in total: 7 institutional.
Investors in Kona Medical
Kona Medical has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Western Technology Investment and Morningside China.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Life science & tech focused VC firm investing in the US | – | domainvc.com | Princeton, United States | |
Venture capital and private equity investment firm | – | morgenthaler.com | Portola Valley, United States | |
Venture debt is provided globally across multiple sectors. | 1980 | westerntech.com | Portola Valley, United States | |
Growth-stage healthcare companies are invested in by EW Healthcare Partners. | – | ewhealthcare.com | New York, United States | |
- | – | biostar.capital | - | |
VC and private equity investments are made in China-US companies. | – | morningside.com.cn | Shanghai, China | |
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States |
Investor details for Kona Medical
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People of Kona Medical
1 people are tracked at Kona Medical (1 in leadership); the tracked headcount is 39.
| Name | Role | Group |
|---|---|---|
Michael Gertner | Founder and Chief Executive Officer | Leadership |
Complete people profiles for Kona Medical
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Timeline of Kona Medical
3 dated milestones of Kona Medical across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Kona Medical is founded.
- Funding First funding round of $200K.
- Funding Latest funding round, Series D, of $10.0M.
Competitors of Kona Medical
Kona Medical has 9 listed competitors in our database, 8 of them funded. They include ReCor Medical, Ablative Solutions, Brattea, Autonomix and Kalos Medical, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| recormedical.com | 2009 | Palo Alto, United States | $15M | 93 | Ultrasound-based renal denervation is applied for hypertension treatment. | |
| ablativesolutions.com | 2011 | Kalamazoo, United States | $293.24M | 24 | A catheter-based renal denervation system for hypertension treatment is developed. | |
| brattea.com | 2013 | Xuhui, China | $15.2M | – | Developer of a medical device for the treatment of hypertension | |
| autonomix.com | 2014 | The Woodlands, United States | $8.2M | – | Minimally invasive neural monitoring and treatment devices are developed. | |
| kalosmedical.com | 2015 | Suwon-si, South Korea | – | – | Developer of medical devices for the treatment of hypertension & other chronic diseases | |
| maya-medical.com | 2010 | Campbell, United States | $6.92M | – | Catheter based ablative technology for renal denervation to treat hypertension | |
| vessixvascular.com | 2003 | Laguna Hills, United States | $27.7M | 10 | Thermoplasty technology for occlusive peripheral vascular diseases is developed. | |
| verve-medical.com | 2011 | Santa Barbara, United States | $3.63M | – | Renal denervation treatments for hypertension are developed by Verve Medical. | |
| symplesurgical.com | 2012 | Menlo Park, United States | $3.4M | – | Microwave ablation is developed for hypertension treatment. |
Detailed competitors of Kona Medical
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Top companies in Cardiac and Vascular Disorders
10 companies that operate in the same segment as Kona Medical (Cardiac and Vascular Disorders), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
SMT is recognized as a developer of cardiovascular medical devices. | 1998 | Surat, Gujarat, India | – | USD 106.25 M | 1,090 | |
Gene-editing therapies for coronary artery disease are developed. | 2018 | Cambridge, Massachusetts, United States | USD 215.5 M | – | 255 | |
Cardiac monitoring devices and applications are provided for heart health. | 2010 | Mountain View, California, United States | USD 114.38 M | USD 6.18 M | 67 | |
Therapies for lowering low-density lipoprotein cholesterol levels are developed. | 1998 | Ann Arbor, Michigan, United States | USD 129.7 M | USD 332.31 M | 304 | |
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided. | 2006 | San Francisco, California, United States | USD 109.23 M | USD 747.14 M | 2,000 | |
Provider of neuroprotection devices for carotid artery disease | 2007 | Sunnyvale, California, United States | USD 241.8 M | – | – | |
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring. | 2007 | East Peoria, Illinois, United States | USD 154.77 M | – | 104 | |
Access catheters for neurovascular stroke treatment are provided. | 2015 | Campbell, California, United States | USD 596 M | – | – | |
Biosensor patches are developed for monitoring multiple body vitals. | 2011 | Campbell, California, United States | USD 239.95 M | – | 184 |
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Frequently Asked Questions about Kona Medical
Kona Medical was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Kona Medical is headquartered in Issaquah, United States. It is registered at Issaquah, Washington, United States.
Michael Gertner is the current CEO of Kona Medical. They have also founded this company.
Kona Medical is a funded company, having raised a total of $73.66M across 7 funding rounds to date. The company's 1st funding round was a Seed of $200.01K, raised on Apr 2010.
Kona Medical has 39 employees.
Kona Medical operates with a B2B model, focusing on providing healthcare solutions, developing medical devices, cardiovascular health, and hypertension treatment. Provides ultrasound-based renal denervation solutions for hypertension treatment. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Kona Medical's top competitors include ReCor Medical, Autonomix and Ablative Solutions.
Kona Medical has 7 investors. Key investors include SVB, Western Technology Investment, Morningside China, Domain Associates, and Morgenthaler.
Kona Medical operates through Kona Medical Inc.