Funding round
Insightec Series C
Insightec, which works in focused ultrasound system manufacturing in Tirat HaCarmel, raised $31M in a Series C round announced on 11 Dec 2012, led by GE Healthcare. 2 firms took part, 2 of them already investors. It is Insightec's second venture round on record; the one before was a Series B in Nov 2007.
$31M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Insightec did not disclose a valuation in this round. It came 61 months after Insightec's Series B. It is 5.4% of the $570M Insightec has raised in the venture rounds on record. Insightec raised again 24 months later: a Series D round of $59M in Dec 2014. Its next priced round, a Series F in Mar 2020, valued it at $1.30B.
Insightec's funding rounds
Insightec has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Debt not a venture round 9 Aug 2006 $15M
- Series B 29 Nov 2007, led by GE Equity $30M
- Series C this round 11 Dec 2012, led by GE Healthcare $31M
- Series D 15 Dec 2014, led by GE Healthcare $59M
- Series E 31 Jan 2018, led by Koch Disruptive Technologies $150M
- Series F 6 Mar 2020, led by Koch Disruptive Technologies $150M$1.30B post-money
- Debt not a venture round 1 Sep 2022, led by Perceptive Advisors $200M
- Growth 18 Jun 2024, led by Fidelity Management & Research Company, Nexus Neurotech Ventures and Ally Bridge Group $150M
Investors
Who put money in
GE Healthcare led the round with 1 other firm. GE Healthcare and other investors had backed Insightec before.
Lead investor
- GE Healthcare existing investor
Also in the round
- other investors existing investor
Comparable rounds
How it compares
The closest in time, other companies' Series C rounds in Medical Supply Manufacturers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 27 Sep 2012 | $28M | not disclosed | Tekla Capital Management and EQT |
| Medical Supply Manufacturers | 9 Aug 2013 | $27M | not disclosed | not named |
| Medical Supply Manufacturers | 21 Oct 2013 | undisclosed | not disclosed | Baird Capital and Tekla Capital Management |
| Medical Supply Manufacturers | 7 Dec 2013 | $25M | $122M | not named |
| Medical Supply Manufacturers | 20 Dec 2013 | $16M | not disclosed | Ascension |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Insightec raise in its Series C round?
Insightec raised $31M in its Series C round, announced in Dec 2012.
Who led Insightec's Series C round?
GE Healthcare led it, with other investors.
What was Insightec's valuation at the Series C round?
It was not disclosed.
Did Insightec raise again after this round?
Yes: a Series D round in Dec 2014 of $59M.