About Sterilmed
Sterilmed is a company based in Maple Grove (United States) founded in 1995, and was acquired by Ethicon in November 2011. Single-use medical devices are reprocessed and remanufactured by Sterilmed. Sterilmed has raised $9 million across 1 funding round from investors including Prism Capital, First Analysis and Sterling Partners.
Company details
Sterilmed was founded in 1995 and is based in Maple Grove, United States, within the medical devices sector. Single-use devices such as guidewires, endoscope systems, catheters, laser probes, chest retractors, and other surgical instruments are reprocessed and remanufactured. Repairs are also performed on equipment, and pre-owned items are sold. Acquisition by Ethicon Endo-Surgery occurred in 2011.
- Headquarters Maple Grove, United States
- Stage Acquired
- Website sterilmed.com
- Social LinkedIn X
- Acquired by Ethicon (Nov 2011)
- Total Equity Funding$9M (USD)
in 1 rounds
- Latest Funding Round$9M (USD), Series A
Jan 2003
- InvestorsPrism Capital
& 5 more
- Acquired by
Funding Insights of Sterilmed
Sterilmed has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Series A round of $9 million completed in January 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 $9M
- Total Rounds 1
- Last Round Series A β $9M
- First Round $9M
(Jan 2003)
- Investors Count 3
All 1 funding rounds of Sterilmed with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2003 | $9M | Series A | β | β |
6 investors in total: 6 institutional.
Investors in Sterilmed
Sterilmed has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Prism Capital, First Analysis and Sterling Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A Chicago-based private equity firm currently in wind-down. | 1999 | prismfund.com | Glenview, United States | |
Venture capital and transaction advisory services for B2B tech companies. | firstanalysis.com | |||
Private equity firm | sterlingpartners.com | Chicago, United States | ||
Business acquisitions are targeted by the private equity firm. | greathillpartners.com | Boston, United States | ||
Private equity investments are directed toward the US and Canada. | primuscapital.com | Cleveland, United States | ||
Specializes in surgical sutures and wound closure devices. | 1886 | ethicon.com | Cincinnati, United States |
Investor details for Sterilmed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Sterilmed
4 dated milestones of Sterilmed across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Sterilmed is founded.
- Funding First funding round of $9.0M.
- Exit Acquired by Great Hill Partners.
- Exit Acquired by Ethicon.
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Frequently Asked Questions about Sterilmed
Sterilmed was founded in 1995 and raised its 1st funding round 8 years after it was founded.
Sterilmed is headquartered in Maple Grove, United States. It is registered at Maple Grove, Minnesota, United States.
Sterilmed is a funded company, having raised a total of $9M across 1 funding round to date. The company's 1st funding round was a Series A of $9M, raised on Jan 2003.
Sterilmed was founded in 1995 and is based in Maple Grove, United States, within the medical devices sector. Single-use devices such as guidewires, endoscope systems, catheters, laser probes, chest retractors, and other surgical instruments are reprocessed and remanufactured. Repairs are also performed on equipment, and pre-owned items are sold. Acquisition by Ethicon Endo-Surgery occurred in 2011.
Sterilmed has 6 investors. Key investors include Prism Capital, First Analysis, Sterling Partners, Ethicon, and Great Hill Partners.
Yes. Sterilmed was acquired by Ethicon in November 2011.
