About MGC Diagnostics
MGC Diagnostics is a company based in Saint Pauls (United States) founded in 1977 was acquired by CAIRE in December 2022.. MGC Diagnostics has completed 1 acquisition, including Lemon Medical. MGC Diagnostics offers products and services including Pulmonary Function Test, Metabolic Test, Indirect Calorimetry, Treadmills, and Ascent Software. MGC Diagnostics operates in a competitive market with competitors including GEN inCode, SD Biosensor, SpectraWAVE, Lepu Medical Technology and Spectrum Dynamics, among others.
- Headquarter Saint Pauls, United States
- Stage Public
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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
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- Legal Name Mgc Diagnostics Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$18 M (USD), Debt – Conventional
Jan 23, 2018
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Investors
Altus Capital Partners
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of MGC Diagnostics
MGC Diagnostics offers a comprehensive portfolio of products and services, including Pulmonary Function Test, Metabolic Test, Indirect Calorimetry, Treadmills, and Ascent Software. 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.
Assesses lung function for respiratory health diagnostics.
Evaluates metabolic rates during exercise and stress testing.
Measures energy expenditure for metabolic analysis.
Supports stress testing in cardiology and sports medicine.
Manages data for pulmonary and metabolic testing workflows.
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Funding Insights of MGC Diagnostics
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $18.0M
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First Round
First Round
(23 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Debt – Conventional - MGC Diagnostics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in MGC Diagnostics
MGC Diagnostics has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Altus Capital Partners, Caireinc and Abacus Finance. 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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Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location | |
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Oxygen generators are manufactured in Pleasanton, United States.
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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 MGC Diagnostics
MGC Diagnostics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lemon Medical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Diagnostic testing products are developed for medical applications in Germany.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MGC Diagnostics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Mgc Diagnostics Comparisons
Competitors of MGC Diagnostics
MGC Diagnostics 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 GEN inCode, SD Biosensor, SpectraWAVE, Lepu Medical Technology and Spectrum Dynamics, 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 |
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| domain | founded_year | HQ Location |
Genetic and clinical data are integrated for precision cardiac medicines.
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| domain | founded_year | HQ Location |
Biosensors for point-of-care diagnostics are developed by SD Biosensor.
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| domain | founded_year | HQ Location |
Photonic imaging diagnostics for cardiovascular disease treatment are provided.
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| domain | founded_year | HQ Location |
Interventional cardiology devices are developed and marketed globally.
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| domain | founded_year | HQ Location |
Cardiac imaging systems are manufactured using advanced molecular technologies.
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| domain | founded_year | HQ Location |
Handheld immunodiagnostic devices for cardiac vascular diseases are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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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 Mgc Diagnostics
Frequently Asked Questions about MGC Diagnostics
When was MGC Diagnostics founded?
MGC Diagnostics was founded in 1977 and raised its 1st funding round 41 years after it was founded.
Where is MGC Diagnostics located?
MGC Diagnostics is headquartered in Saint Pauls, United States. It is registered at Saint Pauls, North Carolina, United States.
What does MGC Diagnostics do?
MGC Diagnostics Corporation (formerly Angeion Corporation), a medical technology company is focused on cardiorespiratory health solutions. The company develops, manufactures and markets non-invasive diagnostic systems for disease detection, integrated care, and wellness in cardiorespiratory healthcare space.
Who are the top competitors of MGC Diagnostics?
MGC Diagnostics's top competitors include GEN inCode, SD Biosensor and SpectraWAVE.
What products or services does MGC Diagnostics offer?
MGC Diagnostics offers Pulmonary Function Test, Metabolic Test, Indirect Calorimetry, Treadmills, and Ascent Software.
How many acquisitions has MGC Diagnostics made?
MGC Diagnostics has made 1 acquisition, including Lemon Medical.
Who are MGC Diagnostics's investors?
MGC Diagnostics has 3 investors. Key investors include Altus Capital Partners, Caireinc, and Abacus Finance.