When was Madison Scientific founded?

Madison Scientific was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Madison Scientific located?

Madison Scientific is headquartered in Chicago, United States.

Who is the current CEO of Madison Scientific?

Tyler Wanke of Madison Scientific. They have also founded 1 company.

How many employees does Madison Scientific have?

As of May 31, 2026, the latest employee count at Madison Scientific is 23.

Is Madison Scientific a funded company?

Madison Scientific is a funded company, having raised a total of $10M across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Dec 01, 2020.

When was the latest funding round of Madison Scientific?

Madison Scientific's latest funding was a $***** Series A round on Jan 10, 2025, with participation from 6 investors. Its primary sector is Neurology. In United States, the Neurology sector has seen $4.05B in funding in 2026 to date.

Where does Madison Scientific rank among its competitors?

Madison Scientific ranks 2nd amongst 8 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Madison Scientific, which secured $10M in Jan, 2025.

Who are the top competitors of Madison Scientific?

Madison Scientific's top competitors include Kitea Health, Anuncia Medical and Esploratis Medical. Among them, Madison Scientific secured the most recent funding round in January, 2025.

Madison Scientific - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of an integrated management solution for hydrocephalus treatment optimization. The company focuses on creating tools and resources to improve patient care. It aims to provide a comprehensive approach to address the complexities of hydrocephalus management. The goal is to support healthcare professionals in delivering effective treatment strategies.

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

Key Metrics

Founded Year

2020

Location

Chicago, United States

Stage

Series A

Total Funding

$10M in 3 rounds

Latest Funding Round

Series A, Jan 10, 2025, $*****

Investors

WARF & 8 more

Ranked

2^nd among 8 active competitors

Employee Count

23 as on May 31, 2026

Similar Companies

Kitea Health & 6 more

View Madison Scientific's full profile

Madison Scientific has raised a total funding of $10M over 3 rounds. Its first funding round was on Dec 01, 2020. Its latest funding round was a Series A round on Jan 10, 2025 for $*****. 6 investors participated in its latest round. Madison Scientific has 9 institutional investors.

Here is the list of recent funding rounds of Madison Scientific:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 10, 2025	2189783	Series A	4221699	9386179	5061009	3455682
Sep 19, 2023	1383666	Grant (prize money)	7995851	9315823	1934660	HHS
Dec 01, 2020	9941292	Grant (prize money)	9994370	7183194	2001010	HHS

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View details of Madison Scientific's funding rounds and investors

The founders of Madison Scientific is Tyler Wanke. Tyler Wanke is the CEO of Madison Scientific.

Here are the details of Madison Scientific's key team members:

Tyler Wanke: Co-Founder & CEO of Madison Scientific.
Contact Info: 1 email address

View details of Madison Scientific's Founder profiles and Board Members

Madison Scientific's employee count trend

Madison Scientific has 23 employees as of May 26. Here is Madison Scientific's employee count trend over the years:

Employee count trend for Madison Scientific

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Top competitors of Madison Scientific include Kitea Health, Anuncia Medical and Esploratis Medical. Here is the list of Top 10 competitors of Madison Scientific, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kitea Health 2021, Auckland (New Zealand), Seed	Developer of a medical device for the monitoring of pressure	$9.74M	Pacific Channel, Kitea Shareholders & 9 others	52/100
2nd	Madison Scientific 2020, Chicago (United States), Series A	Developer of an integrated management solution for hydrocephalus treatment optimization	$10M	WARF, Central Illinois Angels & 7 others	40/100
3rd	Anuncia Medical 2018, Scottsdale (United States), Series A	Developer of a neuro therapeutic device for cerebrospinal fluid (CSF) management	$17.7M	InvestU, Xcellerant Ventures	39/100
4th	Esploratis Medical 2024, Rouen (France), Unfunded	Developer of medical implants for the treatment of hydrocephalus	-	-	24/100
5th	Cranial Devices 2020, United States, Unfunded	Developer of medical device for the treatment of neurological disorders	-	-	24/100
6th	Miethke 1992, Potsdam (Germany), Unfunded	Manufacturer of medical devices for the treatment of hydrocephalus	-	-	21/100
7th	CSF 2018, Lyngby (Denmark), Public	Developer of a cerebrospinal fluid shunt for hydrocephalus treatment	-	Europa	20/100
8th	Sophysa United States, Unfunded	Manufacturer of hydrocephalus management products and neurocritical care monitoring devices	-	-	18/100