When was Baxter founded?

Baxter was founded in 1931 and raised its 1st funding round 81 years after it was founded.

Where is Baxter located?

Baxter is headquartered in Deerfield, United States.

How many employees does Baxter have?

As of Dec 31, 2025, the latest employee count at Baxter is 37500.

Is Baxter a funded company?

Baxter is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2012.

When was the latest funding round of Baxter?

Baxter's latest funding was a $***** Grant (prize money) round on May 19, 2022, with participation from 1 investor. Its primary sector is Diversified Medical Devices. In United States, the Diversified Medical Devices sector has seen $353M in funding in 2026 to date.

What is the annual revenue of Baxter?

Annual revenue of Baxter is more than $1B as on Dec 31, 2025

Where does Baxter rank among its competitors?

Baxter ranks 12th amongst 2775 active competitors, of which 102 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Biorad Medisys, which secured $47.9M in May, 2024.

Who are the top competitors of Baxter?

Baxter's top competitors include Medtronic, Boston Scientific and Abbott. Among them, Biorad Medisys secured the most recent funding round in May, 2024.

Baxter - 2026 Company Profile, Team, Funding, Competitors & Financials

Baxter is an acquired company based in Deerfield (United States), founded in 1931 by Donald Baxter. It operates as a Manufacturer of medical devices and provider of connected healthcare solutions. Baxter has raised an undisclosed amount in funding. The company has 2775 active competitors, including 102 funded and 179 that have exited. Its top competitors include companies like Medtronic, Boston Scientific and Abbott.

Company Details

Manufacturer of medical devices and provider of connected healthcare solutions. The business develops technologies for infusion therapies, surgical equipment, patient monitoring, and respiratory care. These products and digital systems support clinical workflows, medication management, and patient safety across hospitals, clinics, and home care environments. The organization provides technical resources and support for medical professionals to maintain equipment and integrate data systems within various care settings.

Website: www.baxter.com
Social
Email ID: *****@baxter.com
Phone Number: +1 **********

Key Metrics

Founded Year

1931

Location

Deerfield, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), May 19, 2022, $*****

Investors

Triodos Investment Management & 8 more

Ranked

12^th among 2775 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

37,500 as on Dec 31, 2025

Investment & Acquisitions

NovaXS & 43 more

Similar Companies

Medtronic & 2792 more

Exit Details

Acquired by Warburg Pincus (Oct 02, 2023)

View Baxter's full profile

Baxter is associated with 16 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
LARGO company s.r.o. CIN: 26364395 , Czech Republic, Active	Dec 03, 2003	-	-
Vantive s.r.o. CIN: 19678941 , Czech Republic, Active	Aug 31, 2023	-	-
BAX Trust s.r.o. CIN: 03541738 , Czech Republic, Active	Nov 04, 2014	-	-
BAXTER Latvia CIN: 40103312373 , Latvia, Active	Aug 09, 2010	€0 - €1M (As on Dec 31, 2024)	1 (As on Dec 31, 2018)	-
BAXTER HEALTHCARE [THAILAND] COMPANY LIMITED CIN: 0105537131713 , Thailand, Active	Nov 03, 1994	$100M - $500M (As on Dec 31, 2022)	-
BAXTER INTERNATIONAL INC CIN: 10456 , United States, Active	Mar 20, 1994	$1B+ (As on Dec 31, 2025)	-	-
BAXTERS REFRIGERANTS LTD CIN: 13236527 , United Kingdom, Active	Feb 28, 2021	£0 - £1M (As on Dec 31, 2025)	-
CHARLES BAXTER LTD CIN: 12881910 , United Kingdom, Active	Sep 14, 2020	£0 - £1M (As on Sep 30, 2024)	1 (As on Sep 30, 2025)
BAXTER TECHNOLOGY GROUP, INC. CIN: 273421356 , United States, Active	Dec 31, 1999	-	15 (As on Dec 31, 2016)	-
BAXTER INNOVATIONS AND BUSINESS SOLUTIONS PRIVATE LIMITED CIN: U74999KA2017PTC109068 , India, Active	Dec 29, 2017	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	1190 (As on May 31, 2026)
BAXTER PHARMACEUTICALS INDIA PRIVATE LIMITED CIN: U21009GJ2005PTC046211 , India, Active	Jun 08, 2005	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	1140 (As on May 31, 2026)
BAXTER INDIA PRIVATE LIMITED CIN: U33112HR1996PTC038528 , India, Active	Jun 11, 1996	₹100 - ₹500 Cr (As on Mar 31, 2025)	146 (As on May 31, 2026)
BAXTER, INC. CIN: 43026692 , United States, Active	Dec 31, 1999	-	16 (As on Dec 31, 2025)	-
Baxter International Inc. CIN: 360781620 , United States, Active	Dec 31, 1999	-	22328 (As on Dec 31, 2025)	-
Baxter Healthcare S.a. CIN: 660678126 , United States, Active	Dec 31, 1999	-	2104 (As on Dec 31, 2023)	-
Baxter International CIN: 360781620 , Belgium, Active		-	23259 (As on Dec 31, 2021)	-

Baxter got acquired by Warburg Pincus and Advent International on Oct 02, 2023.

Click here to take a look at Baxter's acquisition in detail

Baxter has raised funding over 6 rounds. Its first funding round was on 2012. Its latest funding round was a Grant (prize money) round on May 19, 2022 for $*****. 1 investor participated in its latest round. Baxter has 9 institutional investors.

Here is the list of recent funding rounds of Baxter:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 19, 2022	7721609	Grant (prize money)	7346170	1638777	9593010	4936674
Jun 18, 2021	3999613	Grant (prize money)	9657644	3830858	9181668	Bmbf
2019	5992	Grant (prize money)	4188	5189	1777	Bmbf

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View details of Baxter's funding rounds and investors

The founders of Baxter is Donald Baxter. Andrew Hider is the CEO of Baxter.

Here are the details of Baxter's key team members:

Donald Baxter: Former Founder of Baxter.
Andrew Hider: CEO of Baxter.

View details of Baxter's Founder profiles and Board Members

Baxter's employee count trend

Baxter has 37,500 employees as of Dec 25. The total employee count is 37.0% lower than what it was in Dec 24. Here is Baxter's employee count trend over the years:

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Top competitors of Baxter include Medtronic, Boston Scientific and Abbott. Here is the list of Top 10 competitors of Baxter, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Medtronic 1949, Minneapolis (United States), Public	Manufacturer of medical technology and healthcare solutions	-	Greyrock Investments, Digital Pharma Lab ... & 26 others	83/100
2nd	Boston Scientific 1979, Marlborough (United States), Public	Wide range of medical devices	-	JANA Partners, Endeavour Vision & 12 others	82/100
3rd	Abbott 1888, Libertyville (United States), Public	Developer of medical devices, generic pharmaceuticals, and nutrition products	-	MSN Laboratories, Digital Pharma Lab & 12 others	73/100
4th	BD 1897, Franklin Lakes (United States), Public	Manufacturer and distributor of medical devices, diagnostic instruments, and laboratory equipment	-	Gershon Capital, Tekla Capital Management ... & 6 others	73/100
5th	Danaher 1969, Washington, DC (United States), Public	R&D company focused on manufacturing dental equipment for multiple therapeutic areas	-	Ventana Capital Management, Bank of America	71/100
6th	Trivitron 1997, Chennai (India), Series C	Provider of medical technology and devices for healthcare industry needs	$109M	Fidelity Investments, True North & 21 others	69/100
7th	HOYA 1941, Shinjuku (Japan), Public	Developer of a wide range of medical devices	-	-	66/100
8th	CONMED 1987, Utica (United States), Public	R&D company focused on manufacturing of surgical instruments for multiple therapeutic areas	-	Hudson River Capital Partners, J P Morgan Wealth Management ... & 2 others	66/100
9th	Biorad Medisys 2007, Pune (India), Series A	Manufacturer of medical devices for orthopaedic, neurovascular, and endovascular procedures	$53.4M	InvAscent, BioMediCon & 5 others	65/100
10th	Teleflex Medical 1943, Wayne (United States), Public	Provider of medical devices for emergency medicine and various health conditions	-	Amzak Health, TATRC & 2 others	64/100
12th	Baxter 1931, Deerfield (United States), Acquired	Manufacturer of medical devices and provider of connected healthcare solutions	-	Triodos Investment Management, Tekla Capital Management ... & 7 others	63/100

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Baxter has made 24 investments in companies including NovaXS and Medically Home. Baxter has also acquired 20 companies including Hillrom and toSense.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 31, 2022	Investments	NovaXS	2021	Berkeley (United States)
Jan 07, 2022	Investments	Medically Home	2017	Boston (United States)
Sep 02, 2021	Acquisition	Hillrom	1915	Chicago (United States)