Mevion Medical Systems

Littleton, United States Founded: 2004 • Age: 22 yrs
Proton therapy systems are supplied for cancer radiation treatment.
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About Mevion Medical Systems

Mevion Medical Systems is a company based in Littleton (United States) founded in 2004. It operates as a Direct-to-Consumer (D2C), and Professional Services. Mevion Medical Systems has raised $500.18 million across 12 funding rounds from investors including American Shared Hospital Services, Everbright and Yuan Ming Capital. Mevion Medical Systems offers products and services including MEVION S250-FIT Proton Therapy System, MEVION S250i Proton Therapy System, and MEVION S250mx Multi Room Proton Therapy System. Mevion Medical Systems operates in a competitive market with competitors including RefleXion, Alpha Tau Medical, ZAP-X, ABK Biomedical and Starget Pharma, among others.

  • Headquarter Littleton, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mevion Medical Systems
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $500.18 M (USD)

    in 12 rounds

  • Latest Funding Round
    $150 M (USD), Series F

    Jun 14, 2018

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Mevion Medical Systems

Mevion Medical Systems offers a comprehensive portfolio of products and services, including MEVION S250-FIT Proton Therapy System, MEVION S250i Proton Therapy System, and MEVION S250mx Multi Room Proton Therapy 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

Proton therapy system designed for existing linac vaults.

Advanced proton therapy system for cancer treatment solutions.

Multi-room proton therapy system for large-scale facilities.

People of Mevion Medical Systems
Headcount 200-500
Employee Profiles 65
Board Members and Advisors 12
Employee Profiles
People
Stanley Skip Rosenthal
SVP, Clinical Affairs
People
Steven Jiang
Director Of Supply Chain Management
People
Tina Tianning Yu
CEO & President
People
Mark Jones
CTO

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Board Members and Advisors
people
Carlos A. Pérez
Co-Chair
people
Lawrence Yuan Tian
Chairman
people
Xiaorong Ronald Zhu
Advisor
people
Wayne Newhauser
Advisor

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Funding Insights of Mevion Medical Systems

Mevion Medical Systems has successfully raised a total of $500.18M across 12 strategic funding rounds. The most recent funding activity was a Series F round of $150 million completed in June 2018. 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 12
  • Last Round Series F — $150.0M
  • First Round

    (01 May 2005)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Series F - Mevion Medical Systems Valuation Yuan Ming Capital
Jul, 2015 Amount Series F - Mevion Medical Systems Valuation Yuan Ming Capital
Jun, 2013 Amount Debt – Conventional - Mevion Medical Systems 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 Mevion Medical Systems

Mevion Medical Systems has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include American Shared Hospital Services, Everbright and Yuan Ming 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
PE firm focused on medicine based companies
Founded Year Domain Location
VC and PE investments are directed toward multiple sectors.
Founded Year Domain Location
-
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 Mevion Medical Systems

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 - Mevion Medical Systems

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

Mevion Medical Systems Comparisons

Employees
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Competitors of Mevion Medical Systems

Mevion Medical Systems 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 RefleXion, Alpha Tau Medical, ZAP-X, ABK Biomedical and Starget Pharma, 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
Biology-guided radiotherapy systems are provided for cancer treatment.
domain founded_year HQ Location
Radiotherapy technique for solid tumors is developed using alpha-emitting seeds.
domain founded_year HQ Location
Developer of gyroscopic radiosurgery platform
domain founded_year HQ Location
Imageable embolic devices are developed for hypervascular tumors.
domain founded_year HQ Location
Targeted radiopharmaceuticals are developed for solid tumor treatment.
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 Mevion Medical Systems

Frequently Asked Questions about Mevion Medical Systems

When was Mevion Medical Systems founded?

Mevion Medical Systems was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Where is Mevion Medical Systems located?

Mevion Medical Systems is headquartered in Littleton, United States.

Who is the current CEO of Mevion Medical Systems?

Joseph Jachinowski is the current CEO of Mevion Medical Systems.

Is Mevion Medical Systems a funded company?

Mevion Medical Systems is a funded company, having raised a total of $500.18M across 12 funding rounds to date.

What does Mevion Medical Systems do?

Mevion Medical Systems is engaged in the development and delivery of advanced proton therapy systems for cancer treatment. The company operates within the healthcare sector, specializing in medical devices that offer compact and cost-effective solutions. Systems like the MEVION S250 Series are designed to fit into existing linac vaults, making proton therapy more accessible. Support and customer care services are provided to ensure clinical and business success for cancer centers globally.

Who are the top competitors of Mevion Medical Systems?

Mevion Medical Systems's top competitors include RefleXion, Alpha Tau Medical and Starget Pharma.

What products or services does Mevion Medical Systems offer?

Mevion Medical Systems offers MEVION S250-FIT Proton Therapy System, MEVION S250i Proton Therapy System, and MEVION S250mx Multi Room Proton Therapy System.

Who are Mevion Medical Systems's investors?

Mevion Medical Systems has 9 investors. Key investors include American Shared Hospital Services, Everbright, Yuan Ming Capital, Hopu Investments, and ProQuest Investments.

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