Mentice

Goteborg, Sweden Founded: 1999 • Age: 27 yrs
Simulation solutions for cardiovascular and neurovascular physician training are provided.
Annual revenue $26.3M Latest available
Total funding - 1 rounds
Employees 131 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Mentice

Mentice is a company based in Goteborg (Sweden) founded in 1999. The company has 131 employees as of December 31, 2024. Mentice has completed 4 acquisitions, including Biomodex, Medical Simulation Corporation and Vascular Simulations. Mentice offers products and services including Virtual Simulation, Flow Models, and Cloud Applications. Mentice operates in a competitive market with competitors including Level Ex, BioDigital, FEops, Touch Surgery and InSimu Patient, among others.

  • Headquarter Goteborg, Sweden
  • Employees 131 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mentice Ab
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.32 M (USD)
    6.11
    as on Dec 31, 2024
  • Net Profit
    -$1.67 M (USD)
    -553.89
    as on Dec 31, 2024
  • EBITDA
    $1.51 M (USD)
    -34.53
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    131

    as on Dec 31, 2024

  • Investments & Acquisitions
    Biomodex

    & 3 more

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IPO & Listings of Mentice

Mentice is a publicly listed company on the OMXSTO with ticker symbol MNTC in Sweden, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXSTO · Ticker: MNTC · Sector: Health technology · Sweden

Products & Services of Mentice

Mentice offers a comprehensive portfolio of products and services, including Virtual Simulation, Flow Models, and Cloud Applications.

Product name locked
Category locked
Primary

VR simulators for interventional procedures and learning modules

Product name locked
Category locked
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Physical systems replicating vascular anatomy for device testing

Product name locked
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Mobile apps for remote proctoring and procedural exploration

People of Mentice

Headcount 50-200
Employee Profiles 29
Board Members and Advisors 6
Employee Profiles
People
Zdravko Ban
Business Controller
People
Anne Morawski
Clinical Science Consultant
People
Kjell Asserlind
VP & GM, EMEA/CIS
People
Jan Grund Pedersen
VP, Strategic Alliances & Business Development

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Board Members and Advisors
people
Lawrence D. Howell
Chairman
people
Gösta Johannesson
Director
people
David J. Ballard
Director
people
Denis Gestin
Director

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Funding Insights of Mentice

Investors in Mentice

Mentice has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Priveq.

All
Venture Fund
Investor Description Founded Year Domain Location
Priveq is engaged in investing in unlisted growth companies.
Locked Locked Locked
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Investor details for Mentice

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Mentice

Mentice has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Biomodex, Medical Simulation Corporation and Vascular Simulations.

Investments
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Investment portfolio details for Mentice

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of a web-based application for patient record management for radiologist
Locked Locked 2016 Locked
3D printed surgical simulators for medical education and patient-specific preoperative planning
Locked Locked 2014 Locked
Endovascular simulators are developed for surgical navigation and planning.
Locked Locked 2011 Locked
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Complete acquisition details for Mentice

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  • Transaction dates
  • Acquired stakes
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  • Domains and locations

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Financial Statements - Mentice

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Detailed financials for Mentice

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  • Profit trends
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Mentice Comparisons

Mentice Primary company
Description
Simulation solutions for cardiovascular and neurovascular ph...
Location
Goteborg, Sweden
Founded Year
1999
Annual Revenue
$26.32 M (USD)
Net Profit
-$1.67 M (USD)
EBITDA
$1.51 M (USD)
Employees
131
As of 2024
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Peer comparison for Mentice

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Mentice

Mentice 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 Level Ex, BioDigital, FEops, Touch Surgery and InSimu Patient, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Medical video games for physicians' clinical training are developed.
Locked Locked Locked
3D map of the human body
Locked Locked Locked
Provider of physics-based simulations for medical device manufacturers
Locked Locked Locked
Virtual surgical simulations are delivered via mobile app for training.
Locked Locked Locked
Medical education platform is provided for physicians via virtual patients.
Locked Locked Locked
Simulation-based learning platform is offered for medical and nursing professionals.
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Detailed competitors of Mentice

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Mentice

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Complete news archive for Mentice

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Mentice

Mentice was founded in 1999 and raised its 1st funding round 7 years after it was founded.

Mentice is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

As of Dec 31, 2024, the latest employee count at Mentice is 131.

Annual revenue of Mentice is $26.32M as on Dec 31, 2024.

Mentice was founded in 1999 in Gothenburg, Sweden, and operates in the medical simulation sector. Cardiovascular and neurovascular training solutions are developed, including software, VIST simulator platforms, flow systems for vessels, and mobile applications. Hands-on procedural training for clinicians is supported through modules focused on catheter-based and minimally invasive vascular surgeries, with an emphasis on skill acquisition for improved patient safety.

Mentice's top competitors include Level Ex, BioDigital and Surgical Science.

Mentice offers Virtual Simulation, Flow Models, and Cloud Applications.

Yes, Mentice is publicly traded on OMXSTO under the ticker symbol MNTC.

Mentice has made 4 acquisitions, including Biomodex, Medical Simulation Corporation, and Vascular Simulations.

Mentice has 1 investor. Key investors include Priveq.

The ticker symbol of Mentice is MNTC on OMXSTO.

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