About NexGen Medical System
NexGen Medical System was a Healthcare company based in Reno (United States) founded in 2002 by George T. Gillies, John Kucharczyk, and William Broaddus. It develops thrombectomy devices for the effective removal of blood clots. It operates on a B2B model. NexGen Medical System has raised $1.02 million across 5 funding rounds. The company is recorded as dissolved. Its focus areas include Medical Devices, Surgical Equipment and Thrombectomy Devices. Its competitors include Inari Medical, Akura Medical and Endovascular Engineering; 3 of its 3 listed competitors have raised funding.
Company details
NexGen Medical System operates with a B2B model, focusing on providing healthcare solutions, developing medical devices, surgical equipment, and thrombectomy devices. Develops thrombectomy devices for the effective removal of blood clots. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Reno, United States
- Founders George T. Gillies, John Kucharczyk, William Broaddus
- SectorsHealthcare
- Website nexgenmedsystem.com
- Total Equity Funding$1.02M (USD)
in 5 rounds
- Latest Funding Round$483.88K (USD), Seed
Jun 2018
Funding Insights of NexGen Medical System
NexGen Medical System has successfully raised a total of $1.02M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $483.88 thousand 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 $1.02M
- Total Rounds 5
- Last Round Seed — $483,884
- First Round $690,000
(Jan 2011)
All 5 funding rounds of NexGen Medical System with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $483,884 | Seed | – | – | – |
| Jul 2012 | $500,000 | Seed | – | – | – |
| Feb 2012 | $40,000 | Seed | – | – | – |
| Aug 2011 | $350,000 | Debt – Conventional | – | – | – |
| Jan 2011 | $690,000 | Debt – Conventional | – | – | – |
People of NexGen Medical System
3 people are tracked at NexGen Medical System (3 in leadership).
| Name | Role | Group |
|---|---|---|
George T. Gillies | Co-Founder and Advisor | Leadership |
John Kucharczyk | Co-Founder | Leadership |
William Broaddus | Co-Founder and Advisor | Leadership |
Complete people profiles for NexGen Medical System
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- Full employee list
- Team structure
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Timeline of NexGen Medical System
3 dated milestones of NexGen Medical System across 16 years, from founding to its latest funding, stage changes and deals.
- Founded NexGen Medical System is founded.
- Funding First funding round of $690K.
- Funding Latest funding round, Seed, of $484K.
Competitors of NexGen Medical System
NexGen Medical System has 3 listed competitors in our database, 3 of them funded. They include Inari Medical, Akura Medical and Endovascular Engineering.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| inarimedical.com | 2011 | Irvine, United States | $51.89M | 696 | Catheter-based thrombectomy devices for vascular emboli removal are developed. | |
| akuramed.com | 2021 | Campbell, United States | $60M | Catheter-based thrombectomy devices for thrombus removal are developed. | ||
| endovascularengineering.com | 2019 | Menlo Park, United States | $42M | Engineering services are provided to medical device manufacturers. |
Detailed competitors of NexGen Medical System
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Medical Equipment & Supplies
3 companies that operate in the same segment as NexGen Medical System (Medical Equipment & Supplies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic microsurgical systems for endoscopy are developed. | 2007 | Redwood City, California, United States | USD 733.62 M | 91 | ||
Injectable packaging, containment, and delivery solutions are manufactured. | 1923 | Exton, Pennsylvania, United States | USD 3.07 B | 10,600 |
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Frequently Asked Questions about NexGen Medical System
NexGen Medical System was founded in 2002 and raised its 1st funding round 9 years after it was founded.
NexGen Medical System is headquartered in Reno, United States. It is registered at Reno, Nevada, United States.
NexGen Medical System is a funded company, having raised a total of $1.02M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $690K, raised on Jan 2011.
NexGen Medical System operates with a B2B model, focusing on providing healthcare solutions, developing medical devices, surgical equipment, and thrombectomy devices. Develops thrombectomy devices for the effective removal of blood clots. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
NexGen Medical System's top competitors include Inari Medical, Akura Medical and Endovascular Engineering.