When was Alpheus Medical founded?

Alpheus Medical was founded in 2014 and raised its 1st funding round 7 years after it was founded.

Where is Alpheus Medical located?

Alpheus Medical is headquartered in Chanhassen, United States.

Who is the current CEO of Alpheus Medical?

Vijay Agarwal of Alpheus Medical. They have also founded 1 company.

How many employees does Alpheus Medical have?

As of Sep 30, 2026, the latest employee count at Alpheus Medical is 12.

Is Alpheus Medical a funded company?

Alpheus Medical is a funded company, having raised a total of $76.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 17, 2021.

When was the latest funding round of Alpheus Medical?

Alpheus Medical's latest funding was a $***** Series B round on May 02, 2025, with participation from 7 investors. Its primary sector is Neurology. In United States, the Neurology sector has seen $4.57B in funding in 2026 to date.

Where does Alpheus Medical rank among its competitors?

Alpheus Medical ranks 8th amongst 79 active competitors, of which 21 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was AiRato, which secured $1.11M in Oct, 2025.

Who are the top competitors of Alpheus Medical?

Alpheus Medical's top competitors include Alpha Tau Medical, RefleXion and Elekta. Among them, AiRato secured the most recent funding round in October, 2025.

Alpheus Medical - 2026 Company Profile, Team, Funding & Competitors

Alpheus Medical is a series B company based in Chanhassen (United States), founded in 2014 by Vijay Agarwal. It operates as a Developer of Sonodynamic therapy device for brain cancer. Alpheus Medical has raised $76.5M in funding from investors like Orbimed, Health Quest Capital and Action Potential Venture Capital. The company has 79 active competitors, including 21 funded and 12 that have exited. Its top competitors include companies like Alpha Tau Medical, RefleXion and Elekta.

Company Details

Developer of Sonodynamic therapy device for brain cancer. It offers a proprietary non-invasive treatment device that utilizes ultrasound to activate a drug targeting cancer cells for outpatient treatment of recurrent glioblastoma multiforme and selectively target and kill cancer cells.

Website: alpheusmedical.com
Email ID: *****@alpheusmedical.com

Key Metrics

Founded Year

2014

Location

Chanhassen, United States

Stage

Series B

Total Funding

$76.5M in 2 rounds

Latest Funding Round

Series B, May 02, 2025, $*****

Investors

Orbimed & 8 more

Ranked

8^th among 79 active competitors

Employee Count

12 as on Sep 30, 2026

Similar Companies

Alpha Tau Medical & 90 more

View Alpheus Medical's full profile

Alpheus Medical has raised a total funding of $76.5M over 2 rounds. Its first funding round was on Nov 17, 2021. Its latest funding round was a Series B round on May 02, 2025 for $*****. 7 investors participated in its latest round. Alpheus Medical has 9 institutional investors.

Here is the list of recent funding rounds of Alpheus Medical:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 02, 2025	4794299	Series B	6413061	6301973	1909835	3793556
Nov 17, 2021	3335019	Series A	9291076	5416487	Orbimed & 1 more	BrightEdge & 2 more

Access funding benchmarks and valuations. Sign up today!

View details of Alpheus Medical's funding rounds and investors

The founders of Alpheus Medical is Vijay Agarwal. Vijay Agarwal is the CEO of Alpheus Medical.

Here are the details of Alpheus Medical's key team members:

Vijay Agarwal: Founder & CEO of Alpheus Medical.
Contact Info: 1 email address

View details of Alpheus Medical's Founder profiles and Board Members

Alpheus Medical's employee count trend

Alpheus Medical has 12 employees as of Sep 26. Here is Alpheus Medical's employee count trend over the years:

Employee count trend for Alpheus Medical

Uncover Alpheus Medical's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Alpheus Medical include Alpha Tau Medical, RefleXion and Elekta. Here is the list of Top 10 competitors of Alpheus Medical, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Alpha Tau Medical 2015, Tel Aviv (Israel), Public	Developer of radiotherapy technique for the treatment of solid cancer tumors	$55M	Shavit Capital, Medison Ventures & 15 others	68/100
2nd	RefleXion 2009, Hayward (United States), Series F	Provider of biology-guided radiotherapy system	$542M	The Rise Fund, PSP Investments & 25 others	66/100
3rd	Elekta 1972, Gurugram (India), Public	Manufacturer of radiation therapy systems and cancer treatment technology equipment	-	Inspovation Ventures, Qi3 & 1 others	61/100
4th	Vergent Biosciences 2014, Minneapolis (United States), Series B	Developing tumor-targeted imaging agents for improved cancer surgery outcomes	$57M	Spring Mountain Capital, Orlando Health & 7 others	61/100
5th	ABK Biomedical 2012, Halifax (Canada), Series D	Developer of imageable embolic medical devices targeting benign and malignant hypervascular tumors	$140M	F-Prime Capital, Varian Medical Systems & 8 others	61/100
6th	Mevion Medical Systems 2004, Littleton (United States), Series F	Proton therapy systems for oncology	$500M	ProQuest Investments, Yuan Ming Capital & 9 others	62/100
7th	ZAP-X 2014, San Carlos (United States), Series E	Developer of gyroscopic radiosurgery platform	$160M	Primavera, Foxconn Electronics & 6 others	59/100
8th	Alpheus Medical 2014, Chanhassen (United States), Series B	Developer of Sonodynamic therapy device for brain cancer	$76.5M	Health Quest Capital, Samsara BioCapital & 7 others	58/100
9th	Cel-Sci 1983, Vienna (United States), Public	Developer of immunotherapy products for the treatment of cancer and infectious diseases	-	Alpha Capital Partners, Midsummer Capital ... & 7 others	53/100
10th	AiRato 2022, Sendai (Japan), Seed	AI-powered radiation therapy platform for cancer treatment	$4.88M	GxPartners, MTG Ventures & 8 others	49/100