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Profound Medical Inc. logo — Incision-Free, Ablative Interventions with Vision

Profound Medical Inc.

Incision-Free, Ablative Interventions with Vision

Founded 2008 Canada Mississauga, Canada 184 employees Post Ipo Equity Total: $269.99M Health Care, Medical Devices

General Information

Company Name Profound Medical Inc.
Founded Year 2008
Location Canada Mississauga, Canada +2
Employees 184
Industries Health Care, Medical Devices
Funding Stage Post Ipo Equity
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About Profound Medical Inc.

Profound Medical Inc. is a Canadian medical device company founded in 2008, specializing in incision-free, ablative interventions for prostate cancer patients. The company's unique approach combines real-time MR imaging with transurethral therapeutic ultrasound and closed-loop thermal feedback control, allowing for a highly precise and minimally invasive procedure tailored to patient-specific anatomy and pathology. This innovative technology not only offers shorter treatment times and reduced morbidity but also enables faster patient recovery. With its focus on Health Care and Medical Devices, Profound Medical Inc. recently secured a $2.94M Post-IPO Equity investment on 16th January 2024. For more information, visit profoundmedical.com.

Taxonomy: Medical Device, Prostate Cancer, MR Imaging, Prostate Ablation, Transurethral Procedure, Minimally Invasive Surgery, Therapeutic Ultrasound, Closed-loop Thermal Feedback Control, Robotics, Precision Medicine, Clinical Ablative Tools, Real-time MR Guidance, Intelligent Software

Funding Rounds & Investors (13)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• - 16 Jan 2024
Post-IPO Equity •••••• - 27 Dec 2023
Post-IPO Equity •••••• - 06 Sep 2023
Post-IPO Equity •••••• - 15 Jul 2020
Post-IPO Equity •••••• - 21 Jan 2020

View All 13 Funding Rounds

Profound Medical Inc. Alternatives & Competitors

Profound Medical Inc. vs
Nanospectra Biosciences, Inc.
Nanospectra Biosciences, Inc. United States

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Profound Medical Inc. vs
C4 Imaging
C4 Imaging

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Profound Medical Inc. vs
Francis Medical
Francis Medical United States

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Compare Profound Medical Inc. vs Francis Medical
Also compare with: Profound Medical Inc. vs Focalyx Focalyx

FAQ About Profound Medical Inc.

Incision-Free, Ablative Interventions with Vision
Profound Medical Inc. was founded in 2008.
Profound Medical Inc. is headquartered in Mississauga, Canada.
Profound Medical Inc. operates in the following industries: Health Care, Medical Devices.
Profound Medical Inc. has approximately 184 employees.
Profound Medical Inc. has completed 13 funding rounds, raising a total of $269.99M. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Profound Medical Inc. include Nanospectra Biosciences, Inc., C4 Imaging, Francis Medical, Focalyx, NINA Medical. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Profound Medical Inc. and Nanospectra Biosciences, Inc. 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.

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