Insightec - About the company
Insightec is a series G company based in Tirat Carmel (Israel), founded in 1999 by Oded Tamir. It operates as a Provider of MR-interfaced ultrasound technology-based device for cancer and neurology. Insightec has raised $574M in funding from investors like GE Healthcare, Elbit Imaging and York Capital Management, with a current valuation of $375M.
Sectors and market segments that Insightec operate in
Insightec serves in the Life Sciences market segments.The primary business model of Insightec is:Company Details
Provider of MR-interfaced ultrasound technology-based device for cancer and neurology. The company's Exablate Neuro platform focuses on sound waves and guided by MRI to patients with medication-refractory essential tremor, Parkinson's Disease, uterine fibroids, and pain palliation of metastatic bone.
- Website
- insightec.com
- Social
- Email ID
- *****@insightec.com
- Phone Number
- +972 **********
- Registered Address
- Dallas, Texas
Key Metrics
Founded Year
1999
Location
Tirat Carmel, Israel
Stage
Series G
Total Funding
$574M in 13 rounds
Latest Funding Round
Post Money Valuation
$375M as on Jun 18, 2024
Investors
Ranked
1st among 2 active competitors
Employee Count
533 as on Jun 30, 2026
Similar Companies
Legal entities associated with Insightec
Insightec is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INSIGHTEC, INC CIN: 391948614 , United States, Active | Dec 31, 1999 | - | 141 (As on Dec 31, 2024) | - |
INSIGHTECS LTD CIN: 13638970 , United Kingdom, Active | Sep 22, 2021 | - | - | |
INSIGHTEC, INC. CIN: 20181459639 , United States, Active | Jun 06, 2018 | - | - | - |
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Insightec's funding and investors
Insightec has raised a total funding of $574M over 13 rounds. Its first funding round was on Aug 10, 2006. Its latest funding round was a Series G round on Jun 18, 2024 for $150M. 9 investors participated in its latest round. Insightec has 29 institutional investors.
Here is the list of recent funding rounds of Insightec:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 18, 2024 | $150M | Series G | $375M | - | ||
Sep 01, 2022 | Undisclosed | Conventional Debt | - | - | - | |
Nov 27, 2020 | Undisclosed | Series F | $1.3B | - | - |
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Insightec's founders and board of directors
Founder? Claim ProfileThe founders of Insightec is Oded Tamir. Maurice R. Ferre is the CEO of Insightec.
Here are the details of Insightec's key team members:
- Oded Tamir: Co-Founder & COO of Insightec.
View details of Insightec's Founder profiles and Board Members
Insightec's employee count trend
Insightec has 533 employees as of Jun 26. Here is Insightec's employee count trend over the years:
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Insightec's Competitors and alternates
Top competitors of Insightec include Gestala. Here is the list of Top 10 competitors of Insightec, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of MR-interfaced ultrasound technology-based device for cancer and neurology | $574M | 70/100 | ||
2nd | Developer of brain-computer interface technology for communication and AI integration | $21.6M | 36/100 |
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Insightec's Investments and acquisitions
Insightec has made no investments or acquisitions yet.
Reports related to Insightec
Here is the latest report on Insightec's sector:
News related to Insightec
Filter this listMedia has covered Insightec for a total of 8 events in the last 1 year, 3 of them have been about company updates.
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Health Canada Approval Granted to Insightec’s Exablate Prime SystemMedical Product Outsourcing•Mar 24, 2026•Insightec
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Insightec Announces National Reimbursement in France for Essential Tremor TreatmentPR Newswire•Mar 03, 2026•Insightec
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Insightec Spins Out Lotus Neuro for Brain Drug Delivery InnovationAPPLIED RADIOLOGY•Dec 17, 2025•Insightec
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Sant Pau Hospital pioneers essential tremor technique with Philips & InsightecEuropa Press•Oct 30, 2025•Contact Philips, Insightec
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Insightec Appoints Industry Leader Jake Ghannam As Chief Commercial OfficerPR Newswire•Sep 03, 2024•Insightec
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