Funding round
Insightec Series D
Insightec, which works in focused ultrasound system manufacturing in Tirat HaCarmel, raised $59M in a Series D round announced on 15 Dec 2014, led by GE Healthcare. 5 firms took part. It is Insightec's third venture round on record; the one before was a Series C in Dec 2012.
$59M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Insightec did not disclose a valuation in this round. It came 24 months after Insightec's Series C. It is 10% of the $570M Insightec has raised in the venture rounds on record. Insightec raised again 37 months later: a Series E round of $150M in Jan 2018. 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 11 Dec 2012, led by GE Healthcare $31M
- Series D this round 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 4 other firms.
Lead investor
- GE Healthcare new investor
Also in the round
- Elbit Imaging new investor
- backs 3 venture-backed companies new investor
- GEOC Hengtong Investment Limited Partnership new investor
- MediTech Advisors new investor
Joined the board: Maurice R. Ferré.
Comparable rounds
How it compares
The closest in time: 1 in Medical Supply Manufacturers, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 3 Apr 2014 | $42M | not disclosed | Vertex Holdings |
| Loans & Financing | 4 Dec 2014 | $225M | not disclosed | Tiger Global and August Capital |
| Loans & Financing | 22 Dec 2014 | $21M | not disclosed | Lok Capital and British International Investment |
| AUTO1.com Automobile Dealers & Manufacturers | 1 Jan 2015 | $117M | not disclosed | not named |
| Tech Companies | 27 Jan 2015 | $24M | not disclosed | Lightspeed Venture Partners |
| Biotechnology | 14 Jan 2015 | $12M | not disclosed | Cultivian Sandbox Ventures |
| Ola Corporate Ridesharing | 27 Oct 2014 | $210M | $1.00B | SoftBank |
| Houzz Tech Companies | 1 Oct 2014 | $165M | $2.30B | Sequoia Capital |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Insightec raise in its Series D round?
Insightec raised $59M in its Series D round, announced in Dec 2014.
Who led Insightec's Series D round?
GE Healthcare led it, with Elbit Imaging, York Capital, GEOC Hengtong Investment Limited Partnership and MediTech Advisors.
What was Insightec's valuation at the Series D round?
It was not disclosed.
Did Insightec raise again after this round?
Yes: a Series E round in Jan 2018 of $150M.