Funding round
Insightec Series F
Insightec, which works in focused ultrasound system manufacturing in Tirat HaCarmel, raised $150M in a Series F round announced on 6 Mar 2020, led by Koch Disruptive Technologies, at a $1.30B post-money valuation. 1 firm took part. It is Insightec's fifth venture round on record; the one before was a Series E in Jan 2018.
$150M
Amount raised
$1.30B
Post-money valuation
1
Investors
1 lead
12%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Insightec at $1.30B after the new money. The $150M bought investors about 12% of the company. It came 26 months after Insightec's Series E. It is 26% of the $570M Insightec has raised in the venture rounds on record. Insightec raised again 51 months later: a Growth round of $150M in Jun 2024.
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 15 Dec 2014, led by GE Healthcare $59M
- Series E 31 Jan 2018, led by Koch Disruptive Technologies $150M
- Series F this round 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
Koch Disruptive Technologies led the round.
Lead investor
- backs 50 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Medical Supply Manufacturers, then Series F rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 18 Sep 2020 | $106M | not disclosed | General Catalyst and Drive Capital |
| Impossible Foods Food Production | 15 Mar 2020 | $500M | not disclosed | Mirae Asset Global Investments |
| Collibra Tech Companies | 2 Apr 2020 | $113M | $2.36B | ICONIQ Capital and Index Ventures |
| Stash Investment Consultants & Financial Advisors | 29 Apr 2020 | $112M | $800M | LendingTree |
| Furniture Stores | 1 Feb 2020 | $40M | $462M | Pidilite Industries |
| Tech Companies | 20 May 2020 | $75M | $452M | Warburg Pincus |
| Tech Companies | 14 Jul 2020 | $120M | $1.92B | Salesforce Ventures |
| Bluevine Banks & ATMs | 19 Nov 2019 | $103M | not disclosed | ION Asset Management |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Insightec raise in its Series F round?
Insightec raised $150M in its Series F round, announced in Mar 2020.
Who led Insightec's Series F round?
Koch Disruptive Technologies led it.
What was Insightec's valuation at the Series F round?
$1.30B post-money.
Did Insightec raise again after this round?
Yes: a Growth round in Jun 2024 of $150M.