About Magnus Medical
Magnus Medical is a company based in Burlingame (United States) founded in 2017 by Brandon Bentzley.. Magnus Medical has raised $88.99 million across 3 funding rounds from investors including JAZZ Venture Partners and Red Tree Venture Capital. The company has 38 employees as of December 31, 2023. Magnus Medical operates in a competitive market with competitors including Ceribell, Empatica, Kernel, Openwater and PD Neurotechnology, among others.
- Headquarter Burlingame, United States
- Employees 38 as on 31 Dec, 2023
- Founders Brandon Bentzley
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Magnus Medical, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$88.99 M (USD)
in 3 rounds
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Latest Funding Round
$23.68 M (USD), Series B
May 01, 2025
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Investors
JAZZ Venture Partners
& 1 more
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Employee Count
38
as on Dec 31, 2023
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Funding Insights of Magnus Medical
Magnus Medical has successfully raised a total of $88.99M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $23.68 million completed in May 2025. 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 B — $23.7M
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First Round
First Round
(29 Oct 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Magnus Medical | Valuation |
investors |
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| Feb, 2025 | Amount | Series B - Magnus Medical | Valuation |
investors |
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| Oct, 2021 | Amount | Series A - Magnus Medical | Valuation | JAZZ Venture Partners , Red Tree Venture Capital |
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| 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 Magnus Medical
Magnus Medical has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include JAZZ Venture Partners and Red Tree Venture 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech & Life Science focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Red Tree Venture Capital is focused on life science investments.
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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 Magnus 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 - Magnus 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 |
Magnus Medical Comparisons
Competitors of Magnus Medical
Magnus 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 Ceribell, Empatica, Kernel, Openwater and PD Neurotechnology, 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 |
Portable EEG devices for point-of-care seizure diagnosis are provided.
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| domain | founded_year | HQ Location |
Developer of a wrist band to monitor physiological signals
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| domain | founded_year | HQ Location |
Multimodal brain measurement technology is developed for neuromedicine applications.
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| domain | founded_year | HQ Location |
Provider of imaging technologies for medical diagnosis and treatments
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| domain | founded_year | HQ Location |
A wearable device is developed to monitor Parkinson's movement disorders.
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| domain | founded_year | HQ Location |
Non-invasive neuromodulation therapies
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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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Latest news on Magnus Medical
Frequently Asked Questions about Magnus Medical
When was Magnus Medical founded?
Magnus Medical was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Magnus Medical located?
Magnus Medical is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.
Who is the current CEO of Magnus Medical?
Christian Gormsen is the current CEO of Magnus Medical.
Is Magnus Medical a funded company?
Magnus Medical is a funded company, having raised a total of $88.99M across 3 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Oct 29, 2021.
How many employees does Magnus Medical have?
As of Dec 31, 2023, the latest employee count at Magnus Medical is 38.
What does Magnus Medical do?
Magnus Medical was founded in 2017 and is based in Burlingame, United States. Operations focus on the medical technology sector, where non-invasive neuromodulation systems are developed for treating major depressive disorder. The SAINT system, guided by MRI, is offered as a treatment option for patients unresponsive to conventional antidepressants. Services emphasize rapid-acting, non-invasive approaches to mental health care.
Who are the top competitors of Magnus Medical?
Who are Magnus Medical's investors?
Magnus Medical has 2 investors. Key investors include JAZZ Venture Partners, and Red Tree Venture Capital.