Sectors · Healthcare & Life Sciences

Medical Devices

Private financing across Medical Devices, aggregated from public sources.

Medical Devices is a subsector of Healthcare & Life Sciences. Zoom out to read the whole macro sector $400.1B raised across 15,258 companies.

$3.2B
Capital raised
233
Companies
573
Rounds
2008
First on record
2026-06-26
Latest round

Accelerating Medical Devices drew $158.6M over the last 12 months, up 34% versus the prior 12 ($118.5M). Of 184 companies rankable against same-niche peers, 27% model over-valued and 25% under-valued.

Capital flow over time

Quarterly capital raised across Medical Devices.

2008-Q4 · $4.3M2008-Q42009-Q2 · $300K2009-Q3 · $1.4M2010-Q1 · $6.0M2010-Q2 · $1.7M2010-Q3 · $3.8M2010-Q4 · $5.4M2010-Q42011-Q1 · $16.1M2011-Q2 · $26.2M2011-Q3 · $4.5M2012-Q1 · $5.7M2012-Q2 · $799K2012-Q3 · $10.4M2012-Q32012-Q4 · $30.8M2013-Q1 · $907K2013-Q2 · $977K2013-Q3 · $8.5M2013-Q4 · $6.9M2014-Q1 · $11.3M2014-Q12014-Q2 · $3.2M2014-Q3 · $43.2M2014-Q4 · $6.1M2015-Q1 · $19.7M2015-Q2 · $8.1M2015-Q3 · $4.6M2015-Q32015-Q4 · $45.6M2016-Q1 · $8.4M2016-Q2 · $7.2M2016-Q3 · $49.1M2016-Q4 · $41.1M2017-Q1 · $15.8M2017-Q12017-Q2 · $27.3M2017-Q3 · $60.4M2017-Q4 · $31.8M2018-Q1 · $60.4M2018-Q2 · $16.1M2018-Q3 · $54.2M2018-Q32018-Q4 · $91.4M2019-Q1 · $175.9M2019-Q2 · $172.2M2019-Q3 · $59.3M2019-Q4 · $50.1M2020-Q1 · $81.8M2020-Q12020-Q2 · $46.6M2020-Q3 · $56.2M2020-Q4 · $84.5M2021-Q1 · $69.7M2021-Q2 · $63.8M2021-Q3 · $123.1M2021-Q32021-Q4 · $29.8M2022-Q1 · $216.3M2022-Q2 · $79.3M2022-Q3 · $30.5M2022-Q4 · $656.8M2023-Q1 · $36.0M2023-Q12023-Q2 · $24.8M2023-Q3 · $13.4M2023-Q4 · $20.4M2024-Q1 · $29.9M2024-Q2 · $32.3M2024-Q3 · $18.2M2024-Q32024-Q4 · $70.5M2025-Q1 · $18.8M2025-Q2 · $11.0M2025-Q3 · $110.6M2025-Q4 · $19.3M2026-Q1 · $22.3M2026-Q12026-Q2 · $6.4M
Median round size by stage
StageMedian roundRounds
Growth/Late$600.0M1
Series D+$104.7M4
Series C$46.9M11
Series B$16.7M48
Series A$4.6M136
Seed$1.3M172
Pre-Seed$296K201
Top-funded companies
CompanyStageRaisedModeled value
Hartmann & Benz LLC
WASHINGTON
Growth/Late$600.0M$10.4B
Click Diagnostics, Inc.
SAN JOSE
Series D+$235.0M$2.0B
Digital Diagnostics Inc.
CORALVILLE
Series C$139.0M$1.2B
Redcliffe Lifetech Inc
WILMINGTON
Series C$46.9M$818.3M
Envision Diagnostics, Inc.
Torrance
Series B$29.6M$625.0M
Onkos Surgical, Inc.
PARSIPPANY
Series B$72.3M$595.1M
Regent Surgical Health Topco, L.P.
NEW YORK
Series B$23.7M$497.9M
Specific Diagnostics, Inc.
MOUNTAIN VIEW
Series B$17.5M$463.6M
Quantum Surgical Inc
MIAMI
Series C$75.0M$456.9M
Covenant Surgical Holdings L.P.
NASHVILLE
Series B$22.7M$425.5M
Minerva Surgical Inc
Santa Clara
Series B$167.3M$397.4M
Interpace Diagnostics Group, Inc.
PARSIPPANY
Series C$113.1M$364.8M
Centaur Diagnostics, Inc.
BOSTON
Series B$15.9M$290.8M
Reliant Immune Diagnostics, Inc.
AUSTIN
Series A$10.9M$262.4M
Fulcrum Implant Systems, Inc.
LAS VEGAS
Series A$10.5M$253.4M
ACTIV Surgical, Inc.
BOSTON
Series C$86.6M$239.9M
Proxim Diagnostics Corp
Santa Clara
Series B$22.9M$210.2M
Pristine Surgical LLC
MANCHESTER
Series A$14.2M$201.4M
Eximis Surgical Inc.
LOUISVILLE
Series B$40.6M$160.3M
EarliTec Diagnostics, Inc.
DECATUR
Series B$27.0M$159.7M
Related sectors

Browse all sectors or the full company rankings.

Frequently asked
How much venture funding has the Medical Devices sector raised?
Companies in Medical Devices have raised approximately $3.2B across 573 recorded financing rounds among 233 companies, aggregated from public sources.
Is Medical Devices venture funding growing?
Medical Devices funding is currently accelerating: capital raised over the last 12 months was up 34% versus the prior 12 months.
What is the typical round size in Medical Devices?
Median disclosed round sizes in Medical Devices by stage are: Growth/Late $600.0M, Series D+ $104.7M, Series C $46.9M, Series B $16.7M. These are medians across recorded rounds, not averages.
Which are the most-funded Medical Devices companies?
The most-funded Medical Devices companies in our coverage include Hartmann & Benz LLC, Click Diagnostics, Inc., Digital Diagnostics Inc., Redcliffe Lifetech Inc, Envision Diagnostics, Inc.. See the full ranked table for disclosed capital and modeled valuations.
When did Medical Devices funding activity begin in this data?
The earliest recorded Medical Devices financing in our coverage dates to 2008, with the most recent round around 2026-06-26.