About Tenex Health
Tenex Health is a company based in Lake (United States) founded in 2009 was acquired by Trice Medical in April 2021.. Tenex Health has raised $18.52 million across 3 funding rounds from investors including Trice Medical, Emergent Financial Group and VCI Partners. Tenex Health offers products and services including Minimally Invasive Technology and Tenex Health Application. Tenex Health operates in a competitive market with competitors including Miach Orthopaedics, Rotation Medical, Cayenne Medical, Biorez and OrthoSpace, among others.
- Headquarter Lake, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.52 M (USD)
in 3 rounds
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Latest Funding Round
$11.84 M (USD), Series A
Dec 21, 2011
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Investors
Trice Medical
& 2 more
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Employee Count
Employee Count
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Acquired by
Trice Medical
(Apr 01, 2021)
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Products & Services of Tenex Health
Tenex Health offers a comprehensive portfolio of products and services, including Minimally Invasive Technology and Tenex Health Application. 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.
Eliminates chronic tendon pain by removing damaged tissue non-surgically.
Facilitates precise targeting of damaged tissue for faster recovery.
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Funding Insights of Tenex Health
Tenex Health has successfully raised a total of $18.52M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.84 million completed in December 2011. 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 3
- Last Round Series A — $11.8M
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First Round
First Round
(27 May 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2011 | Amount | Series A - Tenex Health | Valuation |
investors |
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| Jun, 2011 | Amount | Series A - Tenex Health | Valuation | VCI Partners |
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| May, 2010 | Amount | Seed - Tenex Health | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Tenex Health
Tenex Health has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Trice Medical, Emergent Financial Group and VCI Partners. 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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Investment services are offered by VCI Partners in Charlotte.
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Needle-based visualization devices for orthopedic diagnostics are developed.
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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 Tenex Health
| 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 - Tenex Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Tenex Health Comparisons
Competitors of Tenex Health
Tenex Health 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 Miach Orthopaedics, Rotation Medical, Cayenne Medical, Biorez and OrthoSpace, 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 |
Bio-engineered surgical implants for connective tissue repair are developed.
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| domain | founded_year | HQ Location |
A rotator cuff repair system is developed for disease treatment.
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| domain | founded_year | HQ Location |
Soft tissue reconstruction solutions for knee and shoulder
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| domain | founded_year | HQ Location |
Bioresorbable scaffolds for ACL soft tissue regeneration are developed.
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| domain | founded_year | HQ Location |
Biodegradable balloon system for rotator cuff tear
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| domain | founded_year | HQ Location |
3D-printed implants are developed for treating joint injuries.
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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 Tenex Health
Frequently Asked Questions about Tenex Health
When was Tenex Health founded?
Tenex Health was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Tenex Health located?
Tenex Health is headquartered in Lake, United States.
Is Tenex Health a funded company?
Tenex Health is a funded company, having raised a total of $18.52M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.68M, raised on May 27, 2010.
What does Tenex Health do?
Tenex Health is a medical devices company focused on developing minimally invasive therapies for removal of diseased soft tissue and restoration of musculoskeletal function. They focus on patients suffering from chronic tendon pain and use ultrasound guidance along with their TX system to treat diseased tissue selectively. Tenex Heealths systems can target tendinous tissue in the Knee,Ankle, Foot, Elbow, and Shoulder joints. The TX1 system received 510(K) FDA clearance in Feb 2011 The company claims to have completed over 25,000 procedures using its treatment system. It also claims to have a patient recovery period of 6 months or less.
Who are the top competitors of Tenex Health?
Tenex Health's top competitors include Miach Orthopaedics, Nanochon and ZuriMED Technologies.
What products or services does Tenex Health offer?
Tenex Health offers Minimally Invasive Technology and Tenex Health Application.
Who are Tenex Health's investors?
Tenex Health has 3 investors. Key investors include Trice Medical, Emergent Financial Group, and VCI Partners.