About Palomar Medical Technologies
Palomar Medical Technologies is a company based in Thornleigh (Australia) founded in 1987 was acquired by Cynosure in March 2013.. Palomar Medical Technologies has raised $4.3 million across 1 funding round from investors including Cynosure Lutronic. Palomar Medical Technologies operates in a competitive market with competitors including Reliant Technologies, Advalight, RA Medical systems, Stroma Medical Corp and Accure Acne, among others.
- Headquarter Thornleigh, Australia
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.3 M (USD)
in 1 rounds
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Latest Funding Round
$4.3 M (USD), Series A
Mar 17, 2003
- Investors
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Employee Count
Employee Count
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Acquired by
Cynosure
(Mar 18, 2013)
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Funding Insights of Palomar Medical Technologies
Palomar Medical Technologies has successfully raised a total of $4.3M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.3 million completed in March 2003. 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 Funding
- Total Rounds 1
- Last Round Series A — $4.3M
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First Round
First Round
(17 Mar 2003)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2003 | Amount | Series A - Palomar Medical Technologies | Valuation |
investors |
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| 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 |
Investors in Palomar Medical Technologies
Palomar Medical Technologies has secured backing from 1 investor. Prominent investors backing the company include Cynosure Lutronic. 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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Aesthetic and gynecologic laser technologies are developed and distributed.
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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 Palomar Medical Technologies
| 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 |
Financial Statements - Palomar Medical Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Palomar Medical Technologies Comparisons
Competitors of Palomar Medical Technologies
Palomar Medical Technologies 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 Reliant Technologies, Advalight, RA Medical systems, Stroma Medical Corp and Accure Acne, 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 |
Laser technologies for aesthetic applications were developed.
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| domain | founded_year | HQ Location |
Solid-state lasers for dermatological applications are developed.
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| domain | founded_year | HQ Location |
Excimer lasers for skin and vascular disease treatments are developed.
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| domain | founded_year | HQ Location |
Laser therapy to permanently change eye color
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| domain | founded_year | HQ Location |
Developer of Laser system device for acne treatment
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| domain | founded_year | HQ Location |
Aesthetic and medical laser systems for skin treatments 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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| domain | founded_year | HQ Location |
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 Palomar Medical Technologies
Frequently Asked Questions about Palomar Medical Technologies
When was Palomar Medical Technologies founded?
Palomar Medical Technologies was founded in 1987 and raised its 1st funding round 16 years after it was founded.
Where is Palomar Medical Technologies located?
Palomar Medical Technologies is headquartered in Thornleigh, Australia. It is registered at Thornleigh, New South Wales, Australia.
Is Palomar Medical Technologies a funded company?
Palomar Medical Technologies is a funded company, having raised a total of $4.3M across 1 funding round to date. The company's 1st funding round was a Series A of $4.3M, raised on Mar 17, 2003.
What does Palomar Medical Technologies do?
Palomar Medical Technologies designs, manufactures, markets, and sells lasers and other light-based products, and related disposable items and accessories for use in dermatology and cosmetic procedures. It offers a range of products for skin rejuvenation; skin tightening; wrinkle reduction; acne treatment; fat reduction; body sculpting; soft tissue coagulation; removal of pigmented lesions, such as sun and age spots, freckles, and melasma; removal of hair, leg veins, and tattoos; removal of vascular lesions; and removal of scars. Products include EsteLux pulsed light system, Palomar MediLux pulsed light system, StarLux 300 and StarLux 500 pulsed light and laser systems, Aspire body sculpting system and SlimLipo handpiece, Palomar Icon aesthetic system, Acleara acne clearing system, Adivive fat transfer system and fat processing units, and SkinTel melanin reader. The company also provides Artisan Platform, a facial rejuvenation system; Palomar Emerge fractional laser for skin resurfacing; Vectus laser for hair removal; and Palo Via skin renewing laser.
Who are the top competitors of Palomar Medical Technologies?
Palomar Medical Technologies's top competitors include Accure Acne, Reliant Technologies and Laserroptek.
Who are Palomar Medical Technologies's investors?
Palomar Medical Technologies has 1 investor. Key investors include Cynosure Lutronic.