Monteris

Plymouth, United States Founded: 1999 • Age: 27 yrs
MRI-guided laser ablation tools for neurosurgery are developed.
Annual revenue - Latest available
Total funding $202.3M 20 rounds
Employees 100 Tracked headcount
Investors 13 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Monteris

Monteris is a company based in Plymouth (United States) founded in 1999. Monteris has raised $202.31 million across 20 funding rounds from investors including Oxford Finance, BDC and Madryn Asset Management. The company has 100 employees as of December 31, 2022. Monteris offers products and services including NeuroBlate System, Fusion Software, TruTemp Technology, and FullFire Laser Probe. Monteris operates in a competitive market with competitors including Neo, TechsoMed, Symmetry Surgical, AiM Medical Robotics and Domain Surgical, among others.

  • Headquarter Plymouth, United States
  • Employees 100 as on 31 Dec, 2022
  • Sectors
    Healthcare
    Industrial Goods & Manufacturing
  • Phone
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  • Website
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  • Social
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  • Legal Name Monteris Medical Corporation
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $202.31 M (USD)

    in 20 rounds

  • Latest Funding Round
    $28 M (USD), Series E

    Mar 12, 2026

  • Investors
  • Employee Count
    100

    as on Dec 31, 2022

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Products & Services of Monteris

Monteris offers a comprehensive portfolio of products and services, including NeuroBlate System, Fusion Software, TruTemp Technology, and FullFire Laser Probe.

Product name locked
Category locked
Primary

Robotic MR-guided laser for brain tumor ablation

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Imaging tool for neurosurgical procedures

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Temperature control during laser ablation

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Small probe for precise brain surgery

People of Monteris

Headcount 50-200
Employee Profiles 29
Board Members and Advisors 6
Employee Profiles
People
Swati Sahu
Sr. Manager, Software R&d
People
Lisa Hayden
SVP, Market Access & Chief Compliance Officer
People
Troy Sorum
Sr. Marketing Manager
People
Jared Hayman
VP, North American Sales

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Board Members and Advisors
people
Richard Emmitt
Director
people
Mortimer Berkowitz III
Director
people
John McCormick
Director
people
Andrew Joiner
Director

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Funding Insights of Monteris

Monteris has successfully raised a total of $202.31M across 20 strategic funding rounds. The most recent funding activity was a Series E round of $28 million completed in March 2026. 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.

Investors in Monteris

Monteris has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Oxford Finance, BDC and Madryn Asset Management.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
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Sightline Partners is focused on secondary buyouts and joint ventures in healthcare.
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Venture debt firm focused on the life sciences sector
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Investor details for Monteris

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Investments & Acquisitions by Monteris

Investments
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Investment portfolio details for Monteris

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Financial Statements - Monteris

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Detailed financials for Monteris

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Monteris Comparisons

Monteris Primary company
Description
MRI-guided laser ablation tools for neurosurgery are develop...
Location
Plymouth, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
100
As of 2022
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Peer comparison for Monteris

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Competitors of Monteris

Monteris 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 Neo, TechsoMed, Symmetry Surgical, AiM Medical Robotics and Domain Surgical, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain infrastructure is utilized for developing decentralized applications.
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Ultrasound-based monitoring systems for thermal ablation procedures are developed.
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Surgical instruments, sterilization solutions and electrosurgical products
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Intraoperative precision robotics for neurosurgery are developed.
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Surgical products for soft tissue cutting
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Detailed competitors of Monteris

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Latest news on Monteris

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Complete news archive for Monteris

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Frequently Asked Questions about Monteris

Monteris was founded in 1999 and raised its 1st funding round 9 years after it was founded.

Monteris is headquartered in Plymouth, United States. It is registered at Plymouth, Massachusetts, United States.

Monteris is a funded company, having raised a total of $202.31M across 20 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Monteris is 100.

Monteris Medical was founded in 1999 and is headquartered in Plymouth, United States. Operations center on the development of MRI-guided neurosurgical ablation tools and solutions targeted at neurosurgeons. Magnetic Resonance Imaging (MRI), advanced navigation software, and Laser Interstitial Thermal Therapy (LITT) are integrated to enable access to various brain regions. The focus remains on minimally invasive robotic laser thermotherapy within the medical device sector.

Monteris's top competitors include Neo, TechsoMed and Misonix.

Monteris offers NeuroBlate System, Fusion Software, TruTemp Technology, and FullFire Laser Probe.

Monteris has 13 investors. Key investors include Oxford Finance, BDC, Madryn Asset Management, Southwest Michigan First, and Versant Ventures.

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