When was Endomag founded?

Endomag was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Where is Endomag located?

Endomag is headquartered in Cambridge, United Kingdom.

Which legal entities is Endomag associated with?

Endomag is associated with Endomagnetics Ltd.

How many employees does Endomag have?

As of Aug 31, 2026, the latest employee count at Endomag is 147.

Is Endomag a funded company?

Endomag is a funded company, having raised a total of $44.5M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 03, 2009.

How much is Endomag worth?

The last known valuation of Endomag was $***** as of Nov 24, 2020.

When was the latest funding round of Endomag?

Endomag's latest funding was a $***** Series D round on Nov 24, 2020, with participation from 2 investors. Its primary sector is Surgical Instruments. In United Kingdom, the Surgical Instruments sector has seen $12.1M in funding in 2026 to date.

Where does Endomag rank among its competitors?

Endomag ranks 18th amongst 172 active competitors, of which 70 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Sonavex, which secured $3.1M in Jul, 2026.

Who are the top competitors of Endomag?

Endomag's top competitors include Augmedics, Brainlab and ClearPoint Neuro. Among them, Sonavex secured the most recent funding round in July, 2026.

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

Endomag is an acquired company based in Cambridge (United Kingdom), founded in 2007 by Simon Hattersley, Audrius Brazdeikis and Quentin Pankhurst. It operates as a Developer of a device and platform for tumor localization. Endomag has raised $44.5M in funding from Draper Esprit, with last known valuation of $*****. The company has 172 active competitors, including 70 funded and 26 that have exited. Its top competitors include companies like Augmedics, Brainlab and ClearPoint Neuro.

Company Details

Developer of a device and platform for tumor localization. It offers core technology that revolves around magnetics using magnetic seeds and tracers, a magnetic probe to guide surgeons. It has Sentimag® Platform used during surgery, Magseed a tiny, implantable magnetic seed used to mark tumors before surgery, and Magtrace a magnetic liquid tracer used for lymphatic mapping.

Website: www.endomag.com/
Social
Email ID: *****@endomag.com
Phone Number: +44 **********

Key Metrics

Founded Year

2007

Location

Cambridge, United Kingdom

Stage

Acquired

Total Funding

$44.5M in 9 rounds

Latest Funding Round

Series D, Nov 24, 2020, $*****

Last Known Valuation

$***** as on Nov 24, 2020

Investors

Draper Esprit & 16 more

Ranked

18^th among 172 active competitors

Employee Count

147 as on Aug 31, 2026

Similar Companies

Augmedics & 193 more

Exit Details

Acquired by Hologic (Apr 29, 2024)

View Endomag's full profile

Endomag is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Endomagnetics Ltd CIN: 6227698 , Germany, Active		-	-

Endomag got acquired by Hologic on Apr 29, 2024.

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

Endomag has raised a total funding of $44.5M over 9 rounds. Its first funding round was on Jun 03, 2009. Its latest funding round was a Series D round on Nov 24, 2020 for $*****. 2 investors participated in its latest round. Endomag has 9 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Endomag:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 24, 2020	1922664	Series D	6067165	1628443	9548432	6232874
Jul 13, 2018	7799790	Series C	6153774	5029677	3075681	2599925
Feb 18, 2018	2432149	Grant (prize money)	4682927	2580657	7314214	Gov

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View details of Endomag's funding rounds and investors

The founders of Endomag are Simon Hattersley, Audrius Brazdeikis and Quentin Pankhurst.

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

Simon Hattersley: Co-Founder of Endomag.
Contact Info: 1 email address
Audrius Brazdeikis: Co-Founder of Endomag.
Quentin Pankhurst: Co-Founder of Endomag.
Contact Info: 1 email address

Endomag's Board of Directors

Endomag's board has 4 active members. Eric Mayes is part of team and David Scott Cummings, John Mark and John Gonzalez-Carvajal are independent board members.

Here is the list of Endomag's board of directors:

Name	Type	Representing	Status	Duration
xuphcch	Team	-	Current	8y 8m
David Scott Cummings	Independent board member	-	Current	8y 2m
{pkvvwt	Independent board member	-	Current	8y 1m
siulcv{	Independent board member	-	Current	5y 9m
bsryvbb	Independent board member	-	Past	2y 1m
mujuiom	Independent board member	-	Past	6y 3m
opuh{kq	Independent board member	-	Past	7y 2m
{lv{xja	Independent board member	-	Past	9y 2m

View details of Endomag's Founder profiles and Board Members

Endomag's employee count trend

Endomag has 147 employees as of Aug 26. Here is Endomag's employee count trend over the years:

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Top competitors of Endomag include Augmedics, Brainlab and ClearPoint Neuro. Here is the list of Top 10 competitors of Endomag, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Augmedics 2014, Arlington Heights (United States), Series D	Developer of augmented reality navigation systems for spine surgical procedures	$143M	Terra Venture Partners, H.I.G. Capital & 14 others	70/100
2nd	Brainlab 1989, Munich (Germany), Series A	Manufacturer of digital hardware and software for surgical medical procedures	$7.3M	Intel Capital, EMH Partners & 2 others	65/100
3rd	ClearPoint Neuro 1998, Irvine (United States), Public	Developer of MRI-guided stereotactic system for neurological interventions	$33.7M	Oberland Capital, Collage Venture Partners ... & 5 others	64/100
4th	HRS Navigation 2015, Bengaluru (India), Seed	Manufacturer of surgical navigation systems for cranial, spinal, and ENT surgeries	$7.58M	Gujarat Venture Finance, Inflection Point Ventures ... & 11 others	61/100
5th	Dilon Diagnostics 1999, Newport News (United States), Series A	Developer of technology for molecular breast imaging	$32.1M	JGB Management, F9 Investments	56/100
6th	MRI Interventions 1998, Irvine (United States), Public	MRI-guided surgery platform	$16.5M	Petrichor, Clayton Associates & 1 others	56/100
7th	Sonavex 2013, Baltimore (United States), Series A	Provider of ultrasound based imaging for Intraoperative detection of anastomotic blood clots	$33.6M	GSVP, TEDCO & 24 others	56/100
8th	OnLume 2015, Madison (United States), Series A	Developer of smart devices for fluorescence image-guided surgery	$11.5M	Luzich Partners, WARF & 3 others	56/100
9th	Intellijoint 2010, Waterloo (Canada), Series A	Developer of 3D surgical navigation tools for hip and knee replacements	$24.7M	Accelerator Centre, Golden Triangle Angel Network ... & 7 others	55/100
10th	Sensome 2014, Paris (France), Series B	Developer of a smart guidewire with sensors is designed to provide precise information on the clot composition	$19.8M	Kurma Partners, Asahi Intecc & 6 others	55/100
18th	Endomag 2007, Cambridge (United Kingdom), Acquired	Developer of a device and platform for tumor localization	$44.5M	Draper Esprit, Molten Ventures & 15 others	48/100