Monteris

Plymouth, United States Founded: 1999 • Age: 27 yrs
MRI-guided laser ablation tools for neurosurgery are developed.

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
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Monteris Medical Corporation
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Medical Devices & Diagnostics
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • 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. 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

Robotic MR-guided laser for brain tumor ablation

Imaging tool for neurosurgical procedures

Temperature control during laser ablation

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.

  • Total Funding
  • Total Rounds 20
  • Last Round Series E — $28.0M
  • First Round

    (31 Mar 2008)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2026 Amount Debt – Conventional - Monteris Valuation

investors

Mar, 2026 Amount Series E - Monteris Valuation InnovaHealth Partners , Birchview Capital
Oct, 2022 Amount Debt – Conventional - Monteris 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 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. 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
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
Founded Year Domain Location
Sightline Partners is focused on secondary buyouts and joint ventures in healthcare.
Founded Year Domain Location
Venture debt firm focused on the life sciences sector
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 Monteris

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 - Monteris

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

Monteris Comparisons

Employees
+
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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. 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
Blockchain infrastructure is utilized for developing decentralized applications.
domain founded_year HQ Location
Ultrasound-based monitoring systems for thermal ablation procedures are developed.
domain founded_year HQ Location
Surgical instruments, sterilization solutions and electrosurgical products
domain founded_year HQ Location
Intraoperative precision robotics for neurosurgery are developed.
domain founded_year HQ Location
Surgical products for soft tissue cutting
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.

Frequently Asked Questions about Monteris

When was Monteris founded?

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

Where is Monteris located?

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

Is Monteris a funded company?

Monteris is a funded company, having raised a total of $202.31M across 20 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $38M, raised on Mar 31, 2008.

How many employees does Monteris have?

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

What does Monteris do?

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.

Who are the top competitors of Monteris?

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

What products or services does Monteris offer?

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

Who are Monteris's investors?

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

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