When was Esaote founded?

Esaote was founded in 1982 and raised its 1st funding round 33 years after it was founded.

Where is Esaote located?

Esaote is headquartered in Genoa, Italy. It is registered at 170/171, First Floor, Prajapat Nagar, Gautam Nagar, South Delhi, New Delhi, Delhi, India, 110049.

Which legal entities is Esaote associated with?

Esaote is associated with ESAOTE ASIA PACIFIC DIAGNOSTIC PRIVATE LIMITED.

How many employees does Esaote have?

As of Sep 30, 2026, the latest employee count at Esaote is 1238.

Is Esaote a funded company?

Esaote 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 Dec 01, 2015.

When was the latest funding round of Esaote?

Esaote's latest funding was a $***** Grant (prize money) round on Sep 01, 2022, with participation from 1 investor.

What is the annual revenue of Esaote?

Annual revenue of Esaote is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Esaote rank among its competitors?

Esaote ranks 10th amongst 175 active competitors, of which 25 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was GE HealthCare, which secured $440K in Sep, 2025.

Who are the top competitors of Esaote?

Esaote's top competitors include Siemens Healthineers, GE HealthCare and Olympus. Among them, GE HealthCare secured the most recent funding round in September, 2025.

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

Esaote is an acquired company based in Genoa (Italy), founded in 1982. It operates as a Manufacturer of ultrasound systems magnetic resonance imaging and healthcare software. Esaote has raised an undisclosed amount in funding. The company has 175 active competitors, including 25 funded and 29 that have exited. Its top competitors include companies like Siemens Healthineers, GE HealthCare and Olympus.

Company Details

Manufacturer of ultrasound systems magnetic resonance imaging and healthcare software. Products include diagnostic imaging hardware for radiology, cardiology, and orthopedics. The software portfolio provides cardiovascular information systems, enterprise imaging platforms, and clinical data management tools. These systems support diagnostic workflows, image analysis, and clinical documentation for medical practitioners.

Website: www.esaote.com
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Registered Address: 170/171, First Floor, Prajapat Nagar, Gautam Nagar, South Delhi, New Delhi, Delhi, India, 110049

Key Metrics

Founded Year

1982

Location

Genoa, Italy

Stage

Acquired

Latest Funding Round

Grant (prize money), Sep 01, 2022, $*****

Investors

PM & Partners & 2 more

Ranked

10^th among 175 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

1,238 as on Sep 30, 2026

Similar Companies

Siemens Healthineers & 150 more

Exit Details

Acquired by Midea (Oct 09, 2026)

View Esaote's full profile

Esaote is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ESAOTE ASIA PACIFIC DIAGNOSTIC PRIVATE LIMITED CIN: U85100DL2007PTC170446 , India, Active	Nov 15, 2007	₹50 - ₹100 Cr (As on Mar 31, 2025)	9 (As on Feb 29, 2024)

Esaote got acquired by Midea on Oct 09, 2026.

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

Esaote has raised funding over 6 rounds. Its first funding round was on Dec 01, 2015. Its latest funding round was a Grant (prize money) round on Sep 01, 2022 for $*****. 1 investor participated in its latest round. Esaote has 3 institutional investors.

Here is the list of recent funding rounds of Esaote:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2022	9756101	Grant (prize money)	9629705	9821019	8739072	2897318
Oct 01, 2020	1872579	Grant (prize money)	7049684	8128343	6300746	Europa
Feb 03, 2020	6419792	Grant (prize money)	9820243	3521332	3792863	Europa

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Esaote's employee count trend

Esaote has 1,238 employees as of Sep 26. Here is Esaote's employee count trend over the years:

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Top competitors of Esaote include Siemens Healthineers, GE HealthCare and Olympus. Here is the list of Top 10 competitors of Esaote, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Siemens Healthineers 2017, Forchheim (Germany), Public	Provider of medical imaging laboratory diagnostics and clinical digital solutions	-	Qatar Investment Authority, Skyviews Life Science ... & 4 others	75/100
2nd	GE HealthCare 1994, Chicago (United States), Public	Provider of medical imaging equipment and clinical patient care solutions	-	Gates, Stroud Companies & 4 others	74/100
3rd	Olympus 1919, Tokyo (Japan), Public	Manufacturer of imaging and surgical products	-	ValueAct Capital, Sony	69/100
4th	IBA 1986, Louvain la Neuve (Belgium), Public	Provider of software and hardware solutions for life science and healthcare industry	$27.3M	SFPI, SRIW & 1 others	66/100
5th	United Imaging Healthcare 2011, Shanghai (China), Series B	Developer and manufacturer of advanced medical imaging and radiotherapy equipment	$504M	SDIC Innovation, ShenZhen GTJA Investment Group ... & 19 others	64/100
6th	Clarius 2014, Burnaby (Canada), Series B	Developer of portable wireless ultrasound system	$21.9M	Pender Growth Fund, EDC & 4 others	63/100
7th	Varex 2017, Salt Lake City (United States), Public	Developer of imaging equipment and accessories	-	Capital A, Nesta Impact Investments	55/100
8th	Samsung Medison 1985, Seoul (South Korea), Acquired	Portfolio of equipment for Radiology	-	-	55/100
9th	ThinkSono 2016, London (United Kingdom), Seed	Diagnostic software for deep vein thrombosis using ultrasound imaging	$8.94M	Id4 ventures, Speedinvest & 17 others	53/100
10th	Esaote 1982, Genoa (Italy), Acquired	Manufacturer of ultrasound systems magnetic resonance imaging and healthcare software	-	PM & Partners, Advent International & 1 others	53/100

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ESAOTE ASIA PACIFIC DIAGNOSTIC PRIVATE LIMITED, the legal entity associated with Esaote, generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of ESAOTE ASIA PACIFIC DIAGNOSTIC PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -41% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	8835	6728	5506	4508	5390
Total Sales	3169	5351	1992	3255	4057
Total Expenses	6328	8168	2656	3133	5178
Operating Expenses	8812	4023	3345	3130	4461
Employee Expenses	2467	6142	2518	3321	6925
Operating Income (EBIT)	3509	6406	9125	5612	5772
Interest Expenses	3762	7932	4009	4199	5995
Expenses from other activities	6124	1919	4926	5663	6591
EBITDA	1973	4269	6897	5480	4811
Taxes	9446	1608	8248	3707	7328
Net Profit	6269	7645	5662	4339	4033
Balance Sheet
Assets	5909	5560	6149	6234	2852
Accounts Receivables	1602	7049	3761	3470	9036
Inventory	9530	1118	5458	7255	4061
Liabilities	7014	2349	1697	6184	9211
Total Debt	7432	3074	7486	7056	6316
Accounts Payable	4041	9527	9125	3187	1651
Equities	7598	7740	3180	3156	4528