Promaxo logo — We are transforming the lives of patients and doctors throug...

Promaxo

We are transforming the lives of patients and doctors through our single-sided portable MRI. Fast, safe and convenient.

Founded 2016 United States Oakland, United States 94 employees Venture round Total: $102.39M Health Care, Health and Wellness +2

General Information

Company Name Promaxo
Founded Year 2016
Location United States Oakland, United States
Employees 94
Industries Health Care, Health and Wellness, Medical Devices +1
Funding Stage Venture round
Social

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About Promaxo

Promaxo is a Health Care startup founded in 2016 and headquartered in the United States. The company's slogan, "We are transforming the lives of patients and doctors through our single-sided portable MRI. Fast, safe and convenient," encapsulates its mission to revolutionize healthcare. Promaxo has developed a compact and adaptable MRI system, redefining the standard of care by improving the quality and speed of patient diagnosis and interventions.

In a significant milestone, in March 2021, Promaxo received 510(k) clearance from the U.S. FDA for its revolutionary office-based MRI system, enabling practices and hospitals to seamlessly guide prostate interventions under the single-sided scanner. This breakthrough underscores the company's commitment to innovation and pushing the boundaries of medical technology.

Furthermore, in June 18, 2024, Promaxo secured its most recent funding in a Venture Round, with Zynext Ventures stepping in as the investor. This investment is indicative of the growing interest in Promaxo's disruptive approach to healthcare and highlights the confidence that prominent investors have in the startup's potential.

Promaxo's innovative solutions and recent accomplishments position the company at the forefront of medical technology, offering a promising outlook for both patients and healthcare providers. By addressing the need for fast, safe, and convenient MRI solutions, Promaxo is poised to make a significant impact in the healthcare industry, improving patient care and outcomes.

For more information and inquiries, please reach out to [email protected].

Business keywords: MRI Technology, Healthcare Innovation, Prostate Cancer Diagnosis, Medical Imaging, Image-Guided Biopsy, Image-Guided Treatment, Focal Therapy, Tissue Characterization, High-Resolution MRI, FDA Clearance, Medical Technology, Portable MRI, Single-Sided MRI, Diagnostic Imaging

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $41.94M 1
Zynext Ventures
18 Jun 2024
Venture Round $31.61M -
25 Mar 2024
Funding Round Undisclosed 1
Fred Moll, M.D
04 Oct 2023
Venture Round Undisclosed 1
Spark Growth Ventures
11 May 2023
Corporate Round $4.17M 1
Huami
14 Jan 2021
Series B $10.97M 1
Kineticos Disruptor Fund
28 May 2020
Series B $8.00M -
08 Aug 2019
Series A $2.20M 3
MicroPort Scientific, Almond Tree Capital Fund +1
11 Apr 2018
Series A $3.50M 1
MicroPort Scientific
29 Sep 2017

Promaxo Alternatives & Competitors

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FAQ About Promaxo

We are transforming the lives of patients and doctors through our single-sided portable MRI. Fast, safe and convenient.
Promaxo was founded in 2016.
Promaxo is headquartered in Oakland, United States.
Promaxo operates in Health Care, Health and Wellness, Medical Devices and Machine Learning. Its work centres on MRI Technology, Healthcare Innovation, Prostate Cancer Diagnosis and Medical Imaging.
Promaxo has approximately 94 employees.
Promaxo has completed 9 funding rounds, raising a total of $102.39M. The latest funding stage is Venture round.
Top alternatives and competitors to Promaxo include Hyperfine | AI-Powered Portable MRI, Exact Imaging, ViewRay, Inc., Advantis Medical Imaging, Novian Health. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Promaxo and Hyperfine | AI-Powered Portable MRI 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 Promaxo, https://bouncewatch.com/company/promaxo, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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