Magvation - About the company
Magvation is a series A company based in Las Vegas (United States), founded in 2016. It operates as a Provider of surgical safety systems to operating rooms, sharpening control, and reducing disruptions. Magvation has raised $14.4M in funding. The company has 341 active competitors, including 35 funded and 51 that have exited. Its top competitors include companies like KLOwen, NeuWave and StateServ.
Company Details
Magvation delivers a surgical safety system to the operating room that enhances control and reduces disruption.
- Website
- www.magvation.com/
- Phone Number
- +1 **********
Key Metrics
Founded Year
2016
Location
Las Vegas, United States
Stage
Series A
Total Funding
$14.4M in 2 rounds
Latest Funding Round
Ranked
8th among 341 active competitors
Employee Count
17 as on Aug 31, 2026
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Magvation's funding and investors
Magvation has raised a total funding of $14.4M over 2 rounds. Its first funding round was on Jun 04, 2024.
Here is the list of recent funding rounds of Magvation:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 03, 2025 | 3018022 | Series A | 2022579 | 3650450 | 7303231 | 9610282 |
Jun 04, 2024 | 9329244 | Series A | 4584895 | 4977928 | 3689842 | 2127673 |
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Magvation's founders and board of directors
Founder? Claim ProfileMagvation's employee count trend
Magvation has 17 employees as of Aug 26. Here is Magvation's employee count trend over the years:
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Magvation's Competitors and alternates
Top competitors of Magvation include KLOwen, NeuWave and StateServ. Here is the list of Top 10 competitors of Magvation, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  KLOwen 2019, Richardson (United States), Series B | Provider of digital tools for orthodontists | $44M | 55/100 | |
2nd | NeuWave 2004, Madison (United States), Acquired | Microwave ablation system for soft tissue and cancer ablation | $52.7M | 51/100 | |
3rd |  StateServ Mesa (United States), Acquired | Provider of durable medical equipment management and order software platforms | - | 45/100 | |
4th | Embla Medical 1971, Reykjavik (Iceland), Public | Provider of innovative mobility solutions, offering a range of products and services that help individuals with physical limitations live a life without constraints | - | - | 44/100 |
5th | Provider of ICAD medical devices manufacturing services | $6.88M | 43/100 | ||
6th |  Tenacore 2000, Costa Mesa (United States), Acquired | Healthcare technology management company providing clinical equipment lifecycle solutions to the global healthcare technology community | - | 43/100 | |
7th |  Graham Healthcare Group 2017, Troy (United States), Unfunded | Provider of hospice and palliative services | - | - | 43/100 |
8th |  Magvation 2016, Las Vegas (United States), Series A | Provider of surgical safety systems to operating rooms, sharpening control, and reducing disruptions | $14.4M | - | 41/100 |
9th |  PQS 2013, Durham (United States), Acquired | Provider of medical equipment management services | - | - | 41/100 |
10th | Supplier of hospital and orthopedic products | - | - | 40/100 |
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Magvation's Investments and acquisitions
Magvation has made no investments or acquisitions yet.
Reports related to Magvation
Here is the latest report on Magvation's geography:
News related to Magvation
Media has covered Magvation for 1 event in last 1 year.
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