Last deal

$15.5M

Amount

Debt Financing

Stage

01.01.2014

Date

2

all rounds

$67.5M

Total amount

date founded

Financing round

General

About Company
Galil Medical develops and manufactures cryotherapy products for the treatment of various conditions, including cancer.

Industry

Sector :

Subsector :

founded date

01.01.1996

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Galil Medical's cryotherapy systems use freezing technology and specialized needles to target and destroy tumors, offering minimally invasive treatment options for prostate and renal cancer. The company's products, such as the Presice Cryoablation System and SeedNet system, provide physicians with precise control and easy-to-use solutions for tumor ablation while protecting adjacent structures. Galil Medical is also expanding its cryotherapy solutions to address conditions affecting bone, liver, lung, and breast, as well as targeted pain and nerve applications.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

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announced date

05.05.2016

price

$110M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$67.5M

Money Raised

Their latest funding was raised on 01.01.2014. Their latest investor The Vertical Group. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
The Vertical Group

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The Vertical Group is a venture capital firm focused on medical technology and biotechnology.

Sector

General Industrials

Subsector

Diversified Industrials

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Biotechnology, Financial Services, Medical

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Basking Ridge, Bernards, NJ 07920, USA

count Of Investments

51

count Of Exists

18
Investor Growth Capital Limited

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Co-Investors
Investors
4
3

Number of lead investors

4

Number of investors

Investor 
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Round 
Partners 
Yes
Venture - Series Unknown
Yes
Venture - Series Unknown
No
Debt Financing
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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 

Perseon Corporation acquired by Galil Medical

acquirer

Galil Medical
Galil Medical

date

27.10.2015

type

Acquisition

Perseon Corporation

Perseon Corporation is a company specializing in microwave ablation.

Sector

Electronic and Electrical Equipment

Subsector

Gauges and Meters

Keywords

Manufacturing

Location

Salt Lake City, UT, USA

People

Employee Profiles
27

Rick Stauter

Global product manager

Julie Kerkvliet

Senior marketing manager

Katie Mickelson

Buyer and planner

Charlie Senness

Senior mechanical engineer

Chris Kongsvik

Global product marketing manager

Misael Berrios

Field service engineer manager

J Jane Johnson

Group global product manager

J Jane Johnson

Senior product manager

Activity

Recent News
0