About Promaxo
Promaxo is a Healthcare company based in Rockville (United States) founded in 2016 by Irving Weinberg, Michael Bartholomew, and Amit Vohra. It operates as a portable MRI for prostate cancer screening is developed. Promaxo has raised $99.13 million across 13 funding rounds from investors including Zepp, MicroPort Orthopedics and TEDCO. The company has 22 employees. Its chief executive is Amit Vohra. Promaxo offers products and services including Promaxo MRI System. Its focus areas include Life Sciences, Imaging Diagnostics and Magnetic Resonance Imaging. Its legal entity is PROMAXO, INC. Its competitors include Openwater, Hyperfine, InkSpace Imaging, MRIguidance and Fonar and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
The company was founded in 2016 in Rockville, United States, within the medical imaging sector. Portable MRI systems targeted at cancer diagnostics are produced, with a focus on prostate applications. Imaging data for prostate scans is collected and analyzed through the platform technology, achieving results in less time than traditional MRIs. Initial use involves screening patients with elevated PSA levels to evaluate biopsy requirements.
- Headquarters Rockville, United States
- Employees 22
- Founders Irving Weinberg, Michael Bartholomew, Amit Vohra
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website promaxo.com
- Social LinkedIn X Facebook YouTube
- Legal Name Promaxo, Inc.
- Total Equity Funding$99.13M (USD)
in 13 rounds
- Latest Funding Round$26.85M (USD), Series C
Mar 2026
- InvestorsZepp
& 8 more
- Employee Count22
Products & Services of Promaxo
Promaxo offers a comprehensive portfolio of products and services, including Promaxo MRI System.
Enables in-office MRI-guided prostate biopsies and cancer detection.
Funding Insights of Promaxo
Promaxo has successfully raised a total of $99.13M across 13 strategic funding rounds. The most recent funding activity was a Series C round of $26.85 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 $99.13M
- Total Rounds 13
- Last Round Series C — $26.85M
- First Round $1M
(Dec 2016)
- Investors Count 9
9 investors in total: 8 institutional and 1 angel.
Investors in Promaxo
Promaxo has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Zepp, MicroPort Orthopedics and TEDCO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Zynext Ventures is focused on funding disruptive healthcare innovations. | – | zynextventures.com | Pennington, United States | |
MedTech Venture Partners is focused on medical technology investments. | – | medtechvp.com | Menlo Park, United States | |
Almond Tree Capital is focused on accelerating MedTech companies. | – | almondtree.vc | Davis, United States | |
Venture capital fund and startup accelerator programs focused on seed and early stage companies | 1998 | tedcomd.com | Columbia, United States | |
Provider of smart wearables and health technology for fitness wellness and lifestyle | 2011 | zepp.com | San Jose, United States | |
- | – | huami.com | - | |
Developer of implantable devices and diagnostic solutions for multiple fields | 1998 | microport.com | Shanghai, China | |
Invests in early-stage life sciences companies for innovation, expertise, and growth. | 2012 | kineticos.com | Morrisville, United States | |
FM Fred Moll | Indian angel investor with focus on early-stage tech startups. | – | unknown_11bb7232d70245058 | - |
Investor details for Promaxo
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People of Promaxo
40 people are tracked at Promaxo (15 in leadership, 20 in board & advisors, 5 in team); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
Irving Weinberg | Co-Founder | Leadership |
Michael Bartholomew | Co-Founder | Leadership |
Amit Vohra | Co-Founder & CEO | Leadership |
Aleksandar Nacev | CTO | Leadership |
Todd Ogan | Sales Director- North East US | Leadership |
Srirama Venkataraman | Chief Innovation Officer | Leadership |
Prithipal S. Sethi | Chief Medical Officer | Leadership |
Safa Mahzari | Director, Business Strategy And Operations | Leadership |
Cliff Bauer | VP Of Sales (us) | Leadership |
Nariman Nasab | Director New Product Introduction | Leadership |
Allison Beeson Sinclair | Director, Sales- Southwest | Leadership |
Anil Dhingra | Executive Vice President | Leadership |
Scott King | VP NPI | Leadership |
Ram Narayanan | Chief Technology Officer | Leadership |
Arne Reykowski | Director System Engineering | Leadership |
Nejd Alsikafi | Advisor | Board & advisors |
Diego Olego | Advisor | Board & advisors |
Jonathan Chen | Board Member | Board & advisors |
Vip Patel | Advisor | Board & advisors |
Senthil Nathan | Advisor | Board & advisors |
20 more people are available in the full profile.
Complete people profiles for Promaxo
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Timeline of Promaxo
3 dated milestones of Promaxo across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Promaxo is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series C, of $26.8M.
Competitors of Promaxo
Promaxo has 9 listed competitors in our database, 7 of them funded. They include Openwater, Hyperfine, InkSpace Imaging, MRIguidance and Fonar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| openwater.health | 2016 | San Francisco, United States | $54M | – | Provider of imaging technologies for medical diagnosis and treatments | |
| hyperfine.io | 2014 | New York, United States | – | 131 | Portable MRI systems are manufactured for medical professionals. | |
| inkspaceimaging.com | 2016 | Pleasanton, United States | $100,000 | 11 | Patented customized MRI coils are developed for pediatric applications. | |
| mriguidance.com | 2016 | Utrecht, Netherlands | $2.99M | – | An MRI-based platform for bone diagnostics is provided. | |
| fonar.com | 1978 | Melville, United States | – | 561 | Upright multi-position MRI systems are developed for disease diagnostics. | |
| voxelgrids.com | 2017 | Bengaluru, India | $6.67M | 32 | Next-generation MRI scanners are supplied for medical imaging applications. | |
| xmagtech.com | 2020 | Haidian, China | $28.72M | – | Non-invasive magnetic resonance imaging equipment is developed for cardiovascular applications. | |
| magnetica.com | 2005 | Brisbane, Australia | $7.54M | – | Developer of magnetic resonance imaging devices for the diagnosis of multiple diseases | |
| physiomri.com | 2020 | Valencia, Spain | $4.29M | – | Next-generation MRI machines are developed for injury diagnosis. |
Detailed competitors of Promaxo
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Web traffic of Promaxo
The website of Promaxo (promaxo.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 23.4% vs previous month
Websites whose visitors overlap most with Promaxo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
a2zremodelingcal.com | a2zremodelingcal.com | 100% | – | – | – |
| alveotechnologies.com | 89% | 1.6K | #8,698,088 | View details | |
saratechnologies.com | saratechnologies.com | 86% | – | – | – |
Top companies in Imaging Diagnostics
10 companies that operate in the same segment as Promaxo (Imaging Diagnostics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Handheld ultrasound devices are developed for whole-body medical imaging. | 2011 | Guilford, Connecticut, United States | USD 350 M | USD 97.61 M | 464 | |
Technology tools and systems for molecular scale are developed. | 1959 | Abingdon, Oxfordshire, United Kingdom | – | USD 648.1 M | – | |
MR-interfaced ultrasound devices for cancer and neurology treatments are provided. | 1999 | Tirat Carmel, Haifa District, Israel | USD 574.2 M | – | 541 | |
Robotic microsurgical systems for endoscopy are developed. | 2007 | Redwood City, California, United States | USD 733.62 M | – | 91 | |
Manufacturer of imaging and surgical products | 1919 | Tokyo, Tokyo, Japan | – | USD 6.49 B | 35,933 | |
Ultrasound images are analyzed via AI-based software provided by Exo. | 2015 | Redwood City, California, United States | USD 463.39 M | – | – | |
Planar X-ray radiology products for diagnostic imaging are supplied. | 2000 | Oxford, Oxfordshire, United Kingdom | USD 43.43 M | USD 1.04 M | 50 | |
Digital X-ray sources are developed by Nanox for cloud-based diagnostics. | 2004 | Jerusalem, Jerusalem District, Israel | USD 110.72 M | USD 13.02 M | 165 | |
ImaginAb is focused on developing advanced immuno-oncology imaging technologies. | 2007 | Los Angeles, California, United States | USD 59.64 M | – | – | |
Portable wireless ultrasound systems are developed for medical imaging. | 2014 | Burnaby, British Columbia, Canada | USD 21.87 M | – | – |
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Frequently Asked Questions about Promaxo
Promaxo was founded in 2016.
Promaxo is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.
Amit Vohra is the current CEO of Promaxo. They have also founded this company.
Promaxo is a funded company, having raised a total of $99.13M across 13 funding rounds to date.
Promaxo has 22 employees.
The company was founded in 2016 in Rockville, United States, within the medical imaging sector. Portable MRI systems targeted at cancer diagnostics are produced, with a focus on prostate applications. Imaging data for prostate scans is collected and analyzed through the platform technology, achieving results in less time than traditional MRIs. Initial use involves screening patients with elevated PSA levels to evaluate biopsy requirements.
Promaxo offers Promaxo MRI System.
Promaxo has 9 investors. Key investors include Zepp, MicroPort Orthopedics, TEDCO, Zynext Ventures, and Fred Moll.
Promaxo operates through Promaxo, Inc..