Last deal

$30M

Amount

Debt Financing

Stage

01.01.2021

Date

3

all rounds

$101.3M

Total amount

date founded

Financing round

General

About Company
Providence Medical Technology is a medical device company specialising in cervical spinal conditions.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2008

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Providence Medical Technology's product lineup includes the DTRAX Spinal Instrumentation System, CAVUX intervertebral implants, and the ALLY line of bone and facet screws. These products are designed to be minimally invasive and tissue-sparing, maximizing efficiency and ensuring consistent quality and performance. Their DTRAX system, in particular, offers a less invasive treatment for neck and arm pain caused by pinched nerves in the neck, providing patients with minimal trauma, reduced scarring, and improved recovery outcomes.
Contacts

Contact Email

Phone number

Social url

Similar Companies
1000

Venarum Medical

Venarum Medical is a medical device company that develops endovascular solutions for challenging vascular conditions.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Eatontown, NJ, USA

total rounds

1

total raised

$50K
ProArc Medical

ProArc Medical

ProArc Medical Innovative develops innovative devices for urology.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Misgav Regional Council, Israel

total rounds

2

total raised

$2.29M
AuriGen Medical

AuriGen Medical

AuriGen Medical is developing the first trans-septal implant to treat stroke and arrhythmia risk in atrial fibrillation.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Galway, Ireland

total rounds

4

total raised

$10.09M
AtriCure

AtriCure

AtriCure Inc develops and sells surgical treatments for Afib, LAA management, and post-operative pain management.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

West Chester Township, OH, USA

total rounds

3

total raised

$183.5M

Financials

Funding Rounds
9
3

Number of Funding Rounds

$101.3M

Money Raised

Their latest funding was raised on 01.01.2021. Their latest investor MVM Life Science Partners. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Revelation Partners

Revelation Partners

Revelation Partners provides liquidity and growth capital to healthcare companies.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Financial Services, Venture Capital

Location

San Francisco, CA, USA

total rounds

1

count Of Investments

34

count Of Exists

1
Bridge Bank

Bridge Bank

Bridge Bank provides business banking products and services to small and middle-market businesses in the U.S.

Sector

Banks

Subsector

Banks

Keywords

Financial Services, Banking

Location

San Jose, CA, USA

count Of Investments

88

count Of Exists

20
Co-Investors
Investors
8
4

Number of lead investors

8

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series E, Venture - Series Unknown
Yes
Debt Financing
No
Venture - Series Unknown
MVM Life Science Partners

MVM Life Science Partners

MVM Life Science Partners is a venture capital firm that invests in healthcare companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Health Care, Life Science, Pharmaceuticals

Location

London, UK

count Of Investments

67

count Of Exists

16
Bridge Bank

Bridge Bank

Bridge Bank provides business banking products and services to small and middle-market businesses in the U.S.

Sector

Banks

Subsector

Banks

Keywords

Financial Services, Banking

Location

San Jose, CA, USA

count Of Investments

88

count Of Exists

20
Medvest

Medvest

MedVest is a UK-based angel group that invests in healthcare, digital health, and medtech companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Medical Device, Health Care, Medical

Location

London, UK

count Of Investments

1

People

Founders
2
Bruce McCormack
Bruce McCormack

Bruce McCormack

Bruce McCormack is President ,Co-Founder & Director at Providence Medical Technology.

current job

Providence Medical Technology
Providence Medical Technology

organization founded

1

Bruce McCormack

Jeff Smith
Jeff Smith

Jeff Smith

Jeff Smith is CEO, Co-Founder, Director at Providence Medical Technology.

current job

Providence Medical Technology
Providence Medical Technology

organization founded

1

Jeff Smith

Employee Profiles
26

Jeremy Laynor

Senior vice president of global sales

Jarrod Taylor

Area vice president

Janie Mandrusov

Vice president, clinical, regulatory, and quality affairs

Jody Wade

National sales director, distribution

Michael Scott

Vice president international

Shantelle Lal

Marketing communications manager

Rebecca Chung

Vice president, human resources

Michael Miller

Michael Miller

Director of Marketing, Creative Content

Activity

Recent News
2
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month