About Rakuten Medical
Rakuten Medical is a company based in San Mateo (United States) founded in 2013.. Rakuten Medical has raised $979.54 million across 12 funding rounds from investors including Rakuten, SBI Group and Hikma. The company has 1 employees as of April 07, 2024. Rakuten Medical has completed 1 acquisition, including Medlight. Rakuten Medical offers products and services including Alluminox Platform, ASP-1929, BioBlade Laser WR, and BioBlade SideFire Diffuser. Rakuten Medical operates in a competitive market with competitors including miRecule, Akribion Therapeutics and GritBIO, among others.
- Headquarter San Mateo, United States
- Employees 1 as on 07 Apr, 2024
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Rakuten Medical Private Limited
- Date of Incorporation 25 Apr, 2022
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$48.22 K (USD)0as on Mar 31, 2023
-
Net Profit
$5.19 K (USD)0as on Mar 31, 2023
-
EBITDA
$10.57 K (USD)0as on Mar 31, 2023
-
Total Equity Funding
$979.54 M (USD)
in 12 rounds
-
Latest Funding Round
$100 M (USD), Series F
Jan 07, 2026
-
Investors
Rakuten
& 12 more
-
Employee Count
1
as on Apr 07, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rakuten Medical
Rakuten Medical offers a comprehensive portfolio of products and services, including Alluminox Platform, ASP-1929, BioBlade Laser WR, and BioBlade SideFire Diffuser. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for photoimmunotherapy to target and treat cancers effectively.
Investigational drug for head and neck cancer therapy in trials.
Laser device used in photoimmunotherapy for cancer treatment.
Diffuser for targeted light delivery in cancer photoimmunotherapy.
Unlock access to complete
Unlock access to complete
Funding Insights of Rakuten Medical
Rakuten Medical has successfully raised a total of $979.54M across 12 strategic funding rounds. The most recent funding activity was a Series F round of $100 million completed in January 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 Total Funding
- Total Rounds 12
- Last Round Series F — $100.0M
-
First Round
First Round
(20 Jul 2015)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series F - Rakuten Medical | Valuation | TaiAx Life Science Fund | |
| Mar, 2024 | Amount | Series E - Rakuten Medical | Valuation | Hikma | |
| Sep, 2023 | Amount | Series D - Rakuten Medical | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rakuten Medical
Rakuten Medical has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Rakuten, SBI Group and Hikma. 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 |
|---|---|---|---|---|
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
Founded Year | Domain | Location | |
|
Generics and pharmaceutical products are manufactured by Hikma.
|
Founded Year | Domain | Location | |
|
Cashback is provided on multi-category products through an app-based platform.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Rakuten Medical
Rakuten Medical has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Medlight. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Catheters and medical devices are manufactured for multiple therapeutic areas.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Rakuten Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rakuten Medical Comparisons
Competitors of Rakuten Medical
Rakuten 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 miRecule, Akribion Therapeutics and GritBIO, 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 |
MicroRNA therapies for cancer treatment are developed using genomic data.
|
|
| domain | founded_year | HQ Location |
Developer of RNA-guided technology with applications in cancer therapy and other indications
|
|
| domain | founded_year | HQ Location |
Develops innovative therapeutic technologies for cancer treatment.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Rakuten Medical
Frequently Asked Questions about Rakuten Medical
When was Rakuten Medical founded?
Rakuten Medical was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Rakuten Medical located?
Rakuten Medical is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Who is the current CEO of Rakuten Medical?
Hiroshi Mikitani is the current CEO of Rakuten Medical.
Is Rakuten Medical a funded company?
Rakuten Medical is a funded company, having raised a total of $979.54M across 12 funding rounds to date. The company's 1st funding round was a Series D of $104.82M, raised on Jul 20, 2015.
How many employees does Rakuten Medical have?
As of Apr 07, 2024, the latest employee count at Rakuten Medical is 1.
What is the annual revenue of Rakuten Medical?
Annual revenue of Rakuten Medical is $48.22K as on Mar 31, 2023.
What does Rakuten Medical do?
Rakuten Medical was founded in 2013 in San Mateo, United States, within the biotechnology sector. A proprietary photoimmunotherapy platform is being advanced for targeted cancer therapies. Antibodies are integrated with laser activation to trigger tumor cell death and stimulate immune responses. The ASP-1929 program targets recurrent head and neck squamous cell carcinoma, alongside applications for additional cancer indications. Operations focus on clinical development and precision oncology solutions.
Who are the top competitors of Rakuten Medical?
Rakuten Medical's top competitors include miRecule, Akribion Therapeutics and GritBIO.
What products or services does Rakuten Medical offer?
Rakuten Medical offers Alluminox Platform, ASP-1929, BioBlade Laser WR, and BioBlade SideFire Diffuser.
How many acquisitions has Rakuten Medical made?
Rakuten Medical has made 1 acquisition, including Medlight.
Who are Rakuten Medical's investors?
Rakuten Medical has 13 investors. Key investors include Rakuten, SBI Group, Hikma, Dai-Ichi Life, and Mizuho Bank.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.