About Preceptis Medical
Preceptis Medical is a company based in Minneapolis (United States) founded in 2011.. Preceptis Medical has raised $18.87 million across 8 funding rounds from investors including Partisan Management Group. Preceptis Medical operates in a competitive market with competitors including AventaMed, Tympanogen, NousQ, Doya Medical and ENT Surgical, among others.
- Headquarter Minneapolis, United States
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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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- Legal Name Preceptis Medical, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.87 M (USD)
in 8 rounds
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Latest Funding Round
$3.25 M (USD), Series B
Dec 09, 2020
- Investors
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Employee Count
Employee Count
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Leadership Team
7 people
Sales and Marketing
1 people
Product Management Team
1 people
Chairman Team
1 people
Unlock access to complete
Funding Insights of Preceptis Medical
Preceptis Medical has successfully raised a total of $18.87M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $3.25 million completed in December 2020. 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 8
- Last Round Series B — $3.2M
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First Round
First Round
(21 Dec 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Series B - Preceptis Medical | Valuation |
investors |
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| Mar, 2020 | Amount | Series B - Preceptis Medical | Valuation |
investors |
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| Jun, 2018 | Amount | Series B - Preceptis Medical | 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 Preceptis Medical
Preceptis Medical has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Partisan Management Group. 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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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 Preceptis Medical
| 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 - Preceptis Medical
| 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 |
Preceptis Medical Comparisons
Competitors of Preceptis Medical
Preceptis Medical 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 AventaMed, Tympanogen, NousQ, Doya Medical and ENT 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 |
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| domain | founded_year | HQ Location |
Device for safe placement of grommets
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| domain | founded_year | HQ Location |
Provider of gel patch for chronic tympanic membrane perforations
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| domain | founded_year | HQ Location |
Developer of a robotic surgical applicator for ear tube surgery. This device aims to simplify the procedure, reducing the need for general anesthesia and a surgical microscope. It enables outpatient settings and potentially reduces costs. The applicator uses commercially available ear tubes and features safety and precision enhancements through robotics and sensor technology. It makes a precise incision on the eardrum, improving outcomes for patients.
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| domain | founded_year | HQ Location |
Develops non-invasive stent technology for treating otitis media with effusion.
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| domain | founded_year | HQ Location |
Provides a device for myringotomy to safely drain fluid from the middle ear.
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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 Preceptis Medical
Frequently Asked Questions about Preceptis Medical
When was Preceptis Medical founded?
Preceptis Medical was founded in 2011.
Where is Preceptis Medical located?
Preceptis Medical is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Preceptis Medical a funded company?
Preceptis Medical is a funded company, having raised a total of $18.87M across 8 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Dec 21, 2011.
What does Preceptis Medical do?
Preceptis Medical was founded in 2011 in Minneapolis, United States, as a medical device company. Tools for tympanostomy tube insertion are developed to shorten surgical time and reduce pain in pediatric patients. The HUMMINGBIRD TTS system enables procedures under moderate sedation and is not yet commercially available. Clinical studies have been conducted with Mayo Clinic and Childrens Hospitals and Clinics of Minnesota.
Who are the top competitors of Preceptis Medical?
Preceptis Medical's top competitors include AventaMed, Tympanogen and NousQ.
Who are Preceptis Medical's investors?
Preceptis Medical has 1 investor. Key investors include Partisan Management Group.