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 Jun 30, 2026, the latest employee count at Monteris is 128.

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 1st amongst 70 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 Alesi Surgical, which secured $9.46M in Apr, 2026.

Who are the top competitors of Monteris?

Monteris' top competitors include AiM Medical Robotics, Neuro42 AI and STARMed. Among them, Alesi Surgical secured the most recent funding round in April, 2026.

Monteris - 2026 Company Profile, Team, Funding & Competitors

Monteris is a series E company based in Plymouth (United States), founded in 1999. It operates as a Minimally invasive robotic laser thermotherapy. Monteris has raised $202M in funding from investors like BDC, InnovaHealth Partners and Versant Ventures. The company has 70 active competitors, including 21 funded and 9 that have exited. Its top competitors include companies like AiM Medical Robotics, Neuro42 AI and STARMed.

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 & 17 more

Ranked

1^st among 70 active competitors

Employee Count

128 as on Jun 30, 2026

Similar Companies

AiM Medical Robotics & 84 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 18 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	2470598	Series E	5515367	2066120	9409866	1271179
Mar 12, 2026	9484625	Conventional Debt	5599475	9754086	4452543	Trinity Capital
Oct 27, 2022	7841845	Conventional Debt	7569851	9444140	1429189	Madryn Asset Management

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View details of Monteris's funding rounds and investors

Monteris' employee count trend

Monteris has 128 employees as of Jun 26. Here is Monteris's employee count trend over the years:

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Top competitors of Monteris include AiM Medical Robotics, Neuro42 AI and STARMed. 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	Monteris 1999, Plymouth (United States), Series E	Minimally invasive robotic laser thermotherapy	$202M	Versant Ventures, Perceptive Advisors & 16 others	58/100
2nd	AiM Medical Robotics 2018, Fort Lauderdale (United States), Series A	Developer of intraoperative precision robotics for neurosurgery	$13.1M	IQ Capital, Surrey Capital Partners & 13 others	55/100
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 ... & 7 others	50/100
4th	STARMed 2011, Goyang (South Korea), Unfunded	Developer of ablation systems	-	-	44/100
5th	Thermedical 1995, Waltham (United States), Series A	Developer of thermal ablation therapy for ventricular tachycardia	$29.7M	National Cancer Institute, NIH & 4 others	44/100
6th	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
7th	SonaCare Medical 2004, Charlotte (United States), Series B	Minimally-invasive prostate treatment using HIFU technology for precision prostate care	$29M	Hercules Capital, Decathlon Capital Partners ... & 2 others	43/100
8th	Venclose 2014, San Jose (United States), Acquired	Radiofrequency ablation system for treating venous reflux disease	$27.1M	Ally Bridge Group	42/100
9th	Domain Surgical 2009, Salt Lake City (United States), Acquired	Surgical technology innovator specializing in lasers, robotics, and image-guided applications	$42.4M	Orbimed, ventureCapital.org & 2 others	42/100
10th	Alesi Surgical 2009, Cardiff (United Kingdom), Series C	Developer of surgical smoke elimination systems for open and laparoscopic procedures	$37.2M	IW Capital, Earlybird & 9 others	42/100