When was Monteris founded?

Monteris was founded in 1999 and raised its 1st funding round 9 years after it was founded.

Where is Monteris located?

Monteris is headquartered in Plymouth, United States. It is registered at Minneapolis, Minnesota.

How many employees does Monteris have?

As of May 31, 2026, the latest employee count at Monteris is 124.

Is Monteris a funded company?

Monteris is a funded company, having raised a total of $202M across 20 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Mar 31, 2008.

When was the latest funding round of Monteris?

Monteris' latest funding was a $***** Series E round on Mar 12, 2026, with participation from 5 investors.

Where does Monteris rank among its competitors?

Monteris ranks 2nd amongst 71 active competitors, of which 21 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was AiM Medical Robotics, which secured $8.1M in Jun, 2025.

Who are the top competitors of Monteris?

Monteris' top competitors include TechsoMed, Neuro42 AI and AiM Medical Robotics. Among them, Monteris secured the most recent funding round in March, 2026.

Monteris - 2026 Company Profile, Funding & Competitors

Company Details

Monteris Medical is focused on providing innovative MRI-guided neurosurgical ablation tools and solutions for neurosurgeons. By combining the imaging power of Magnetic Resonance Imaging (MRI), advanced navigation software and Laser Interstitial Thermal Therapy (LITT), Monteris Medical has created a system to reach virtually any area of the brain.

Website: monteris.com
Registered Address: Minneapolis, Minnesota

Key Metrics

Founded Year

1999

Location

Plymouth, United States

Stage

Series E

Total Funding

$202M in 20 rounds

Latest Funding Round

Series E, Mar 12, 2026, $*****

Investors

BDC & 14 more

Ranked

2^nd among 71 active competitors

Employee Count

124 as on May 31, 2026

Similar Companies

TechsoMed & 85 more

View Monteris' full profile

Monteris is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Monteris Medical Corporation CIN: 455586265 , United States, Active	Jun 24, 2012	-	89 (As on Dec 31, 2024)	-

Monteris has raised a total funding of $202M over 20 rounds. Its first funding round was on Mar 31, 2008. Its latest funding round was a Series E round on Mar 12, 2026 for $*****. 5 investors participated in its latest round. Monteris has 15 institutional investors.

Here is the list of recent funding rounds of Monteris:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 12, 2026	6504229	Series E	9919635	8301588	4889488	5590902
Mar 12, 2026	1784370	Conventional Debt	6966719	4866535	5573952	Trinity Capital
Oct 27, 2022	9299550	Conventional Debt	1320692	8864558	3258112	Madryn Asset Management

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View details of Monteris's funding rounds and investors

Monteris' employee count trend

Monteris has 124 employees as of May 26. Here is Monteris's employee count trend over the years:

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Top competitors of Monteris include TechsoMed, Neuro42 AI and AiM Medical Robotics. Here is the list of Top 10 competitors of Monteris, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TechsoMed 2012, Rehovot (Israel), Series B	Developer of ultrasound-based monitoring systems for thermal ablation procedures	$9.6M	Johnson & Johnson Innovation, Axil Capital ... & 19 others	60/100
2nd	Monteris 1999, Plymouth (United States), Series E	Minimally invasive robotic laser thermotherapy	$202M	Perceptive Advisors, The Vertical Group & 13 others	58/100
3rd	Neuro42 AI 2020, San Francisco (United States), Series A	Provider of MRI and robotics technology for neurology	$30M	Zepp Labs, Kyto Technology & Life Science ... & 6 others	54/100
4th	AiM Medical Robotics 2018, Fort Lauderdale (United States), Series A	Developer of intraoperative precision robotics for neurosurgery	$13.1M	IQ Capital, Surrey Capital Partners & 12 others	52/100
5th	Misonix 1959, Farmingdale (United States), Acquired	Ultrasonic surgical devices for neurosurgical, spinal, advanced wound care and general surgery	-	1315 Capital, SV Health Investors	47/100
6th	Thermedical 1995, Waltham (United States), Series A	Developer of thermal ablation therapy for ventricular tachycardia	$29.7M	National Cancer Institute, NIH & 4 others	46/100
7th	STARMed 2011, Goyang (South Korea), Unfunded	Developer of ablation systems	-	-	44/100
8th	Aqua Medical 2016, Santa Ana (United States), Series A	Developer of endoscopic ablation therapy for gastrointestinal diseases	$22.2M	ShangBay Capital, Ithaka Partners & 1 others	44/100
9th	Venclose 2014, San Jose (United States), Acquired	Radiofrequency ablation system for treating venous reflux disease	$27.1M	Ally Bridge Group	43/100
10th	Domain Surgical 2009, Salt Lake City (United States), Acquired	Surgical technology innovator specializing in lasers, robotics, and image-guided applications	$42.4M	Orbimed, Costella Kirsch & 2 others	42/100