About Prognosys Medical Systems
Prognosys Medical Systems is a company based in Bengaluru (India) founded in 2003 was acquired by Molbio Diagnostics in February 2023. Prognosys Medical Systems has raised $2.86 million across 5 funding rounds from investors including Molbio Diagnostics, HHS and Somerset Indus Capital Partners. Prognosys Medical Systems operates in a competitive market with competitors including Nanox, IBA, Adaptix, OXOS Medical and Lumitron Technologies, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Prognosys Medical Systems Private Limited
- Date of Incorporation 07 Nov, 2003
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$3.55 M (USD)-22.74as on Mar 31, 2023
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Net Profit
-$1.68 M (USD)-39.96as on Mar 31, 2023
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EBITDA
-$879.18 K (USD)-1381.83as on Mar 31, 2023
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Total Equity Funding
$2.86 M (USD)
in 5 rounds
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Latest Funding Round
$593.79 K (USD), Seed
Feb 03, 2017
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Investors
Molbio Diagnostics
& 7 more
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Employee Count
Not available
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Acquired by
Molbio Diagnostics
(Feb 20, 2023)
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People of Prognosys Medical Systems
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Funding Insights of Prognosys Medical Systems
Prognosys Medical Systems has successfully raised a total of $2.86M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $593.79 thousand completed in February 2017. 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 Prognosys Medical Systems
Prognosys Medical Systems has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Molbio Diagnostics, HHS and Somerset Indus Capital Partners.
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Healthcare investments focused on accessibility, affordability, and ESG integration in India.
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Investor details for Prognosys Medical Systems
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Investments & Acquisitions by Prognosys Medical Systems
Investment portfolio details for Prognosys Medical Systems
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Financial Statements - Prognosys Medical Systems
Detailed financials for Prognosys Medical Systems
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Prognosys Medical Systems Comparisons
Peer comparison for Prognosys Medical Systems
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Competitors of Prognosys Medical Systems
Prognosys Medical Systems 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 Nanox, IBA, Adaptix, OXOS Medical and Lumitron Technologies, among others.
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Digital X-ray sources are developed by Nanox for cloud-based diagnostics.
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Innovative solutions for cancer treatment and industrial applications are provided by IBA.
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Planar X-ray radiology products for diagnostic imaging are supplied.
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Orthopedic imaging devices and software are developed for surgical use.
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See-through x-ray imaging systems for medical applications are developed.
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Developer of X-ray imaging diagnostic devices for medical applications
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Detailed competitors of Prognosys Medical Systems
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Latest news on Prognosys Medical Systems
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Frequently Asked Questions about Prognosys Medical Systems
Prognosys Medical Systems was founded in 2003 and raised its 1st funding round 7 years after it was founded.
Prognosys Medical Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prognosys Medical Systems is a funded company, having raised a total of $2.86M across 5 funding rounds to date.
Annual revenue of Prognosys Medical Systems is $3.55M as on Mar 31, 2023.
Prognosys Medical Systems was established in 2003 in Bengaluru, India, within the medical devices sector. High-end technologies for radiology and imaging applications are designed and produced. Business operations include high-frequency X-ray systems, digital radiography, C-arms, tele-radiology, telemedicine, home health care, m-health solutions, and accessories such as automatic film processors. The companys domain is prognosysmedical.com.
Prognosys Medical Systems has 8 investors. Key investors include Molbio Diagnostics, HHS, Somerset Indus Capital Partners, Chayagraphics, and Mayur Anand Sirdesai.
The valuation of Prognosys Medical Systems is $12.11M as of Feb 2017.