Insight Medbotics logo — MRI-native platform for prostate cancer

Insight Medbotics

MRI-native platform for prostate cancer

Founded 2017 Canada Hamilton, Canada 12 employees Seed Total: $440.00K Biopharma, Biotechnology +1

General Information

Company Name Insight Medbotics
Founded Year 2017
Location Canada Hamilton, Canada
Employees 12
Industries Biopharma, Biotechnology, Health Care
Funding Stage Seed
Business Model B2B, Platform, SaaS
Revenue Model Product Sales, Leasing/Rental, Subscription
Social

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About Insight Medbotics

Insight Medbotics is an innovative player in the Biopharma, Biotechnology, and Health Care sectors. Founded in 2017 and headquartered in Canada, the company is at the forefront of developing MRI-guided robotics technology, aiming to merge the diagnostic insights of MRI with the precision and minimally invasive capabilities of robotics.

Their flagship product, the MRI-compatible robot IGAR, has achieved significant milestones, including receiving an FDA 510(k) clearance, making Insight Medbotics the sole entity authorized to use a robot within an MRI. This regulatory achievement facilitates their focus on enhancing prostate cancer treatment, with future plans to extend this precision technology to other critical surgical procedures.

The company received a Seed Round investment of $435.00K in April 2022 from the McMaster Seed Fund (MSF), underscoring investor confidence in their potential to revolutionize healthcare delivery. With their commitment to "When accuracy and precision matter most," Insight Medbotics positions itself as a compelling candidate for investment aimed at transforming modern medical care.

Business keywords: MRI-guided robotics, Minimally invasive, Precision technology, Medical devices, Cancer treatment, Biopsy, Therapy delivery, Device placement, Clinical demonstrations, Medical imaging, Accuracy, Precision medicine

Services & Products

MRI-guided prostate cancer diagnosis
Robotic-assisted biopsy and treatment
Interventional MRI solutions

Target Customers

Urologists Oncologists Healthcare institutions Cancer centers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed $440.00K 1
McMaster Seed Fund
01 Apr 2022

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FAQ About Insight Medbotics

MRI-native platform for prostate cancer
Insight Medbotics was founded in 2017.
Insight Medbotics is headquartered in Hamilton, Canada.
Insight Medbotics operates in Biopharma, Biotechnology and Health Care. Its work centres on MRI-guided robotics, Minimally invasive, Precision technology and Medical devices. Its customers include Urologists, Oncologists and Healthcare institutions.
Insight Medbotics has a B2B, Platform and SaaS business model. Its revenue comes from Product Sales, Leasing/Rental and Subscription.
Insight Medbotics has approximately 12 employees.
Insight Medbotics has completed 1 funding round, raising a total of $440.00K. The latest funding stage is Seed.
Insight Medbotics offers: MRI-guided prostate cancer diagnosis, Robotic-assisted biopsy and treatment, Interventional MRI solutions.
Top alternatives and competitors to Insight Medbotics include Exact Imaging, ViewRay, Inc., Suros Surgical Systems, Exai Bio, Monteris Medical. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Insight Medbotics and Exact Imaging are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Insight Medbotics, https://bouncewatch.com/company/insight-medbotics, updated 27 July 2026. When citing, please name BounceWatch and link this page.

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