Paragonix Technologies - About the company
Paragonix Technologies is an acquired company based in Boston (United States), founded in 2010 by Lisa Anderson. It operates as an Organ preservation technology improving transplant outcomes with digital tracking and clinical support. Paragonix Technologies has raised $25.1M in funding from Signet Healthcare Partners. The company has 32 active competitors, including 10 funded and 6 that have exited. Its top competitors include companies like OrganOx, TransMedics and Bridge to Life.
Company Details
Organ preservation technology improving transplant outcomes with digital tracking and clinical support. The company is dedicated to setting a new standard in organ transplantation, ensuring the ultimate gift of organ donation is handled with dignity and safety. They develop, manufacture, and provide services in the organ transplant industry, offering an improved approach to preservation over traditional methods. Their advanced preservation devices combine stable cooling techniques with digital tracking and monitoring, giving clinicians complete control. The impact of their technology is reinforced by clinical registries, which analyze post-transplant outcomes. They offer preservation devices for heart, lung, liver, pancreas and kidney. Transplant centers using their devices benefit from a comprehensive support system of experienced transplant clinicians, available around the clock. They are committed to continually improving patient outcomes in the field of organ transplantation.
Key Metrics
Founded Year
2010
Location
Boston, United States
Stage
Acquired
Total Funding
$25.1M in 4 rounds
Latest Funding Round
Investors
Ranked
4th among 32 active competitors
Employee Count
165 as on Aug 31, 2026
Exit Details
Acquired by Getinge (Aug 22, 2024)
Paragonix Technologies's acquisition details
Paragonix Technologies got acquired by Getinge on Aug 22, 2024.
Click here to take a look at Paragonix Technologies's acquisition in detail
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Paragonix Technologies's funding and investors
Paragonix Technologies has raised a total funding of $25.1M over 4 rounds. Its first funding round was on Dec 28, 2011. Its latest funding round was a Series B round on Mar 07, 2023 for $*****. 1 investor participated in its latest round. Paragonix Technologies has 3 institutional investors.
Here is the list of recent funding rounds of Paragonix Technologies:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 07, 2023 | 8292345 | Series B | 5714301 | 1456210 | 3691227 | 3976185 |
Dec 18, 2013 | 2007252 | Seed | 5834014 | 9631625 | 3122717 | 5621069 |
Jul 12, 2012 | 5911682 | Grant (prize money) | 7546600 | 9144923 | 3684089 |
View details of Paragonix Technologies's funding rounds and investors
Paragonix Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Paragonix Technologies is Lisa Anderson.
Here are the details of Paragonix Technologies' key team members:
- Lisa Anderson: Co-Founder & CEO of Paragonix Technologies. Contact Info: 1 email address
View details of Paragonix Technologies's Founder profiles and Board Members
Paragonix Technologies' employee count trend
Paragonix Technologies has 165 employees as of Aug 26. Here is Paragonix Technologies's employee count trend over the years:
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Paragonix Technologies's Competitors and alternates
Top competitors of Paragonix Technologies include OrganOx, TransMedics and Bridge to Life. Here is the list of Top 10 competitors of Paragonix Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OrganOx 2008, Oxford (United Kingdom), Acquired | Provider of a storage and transport system for harvested organs | $45.4M | 75/100 | |
2nd | TransMedics 1998, Andover (United States), Public | Developer of organ transplantation technology | $266M | 67/100 | |
3rd | Bridge to Life 2012, Duluth (United States), Series C | Provider of cold storage solutions for the preservation of organ transplants | $167M | 58/100 | |
4th | Paragonix Technologies 2010, Boston (United States), Acquired | Organ preservation technology improving transplant outcomes with digital tracking and clinical support | $25.1M | 57/100 | |
5th | Vascular Perfusion 2016, San Antonio (United States), Series D | Developer of a device for organ preservation | $152M | 53/100 | |
6th | Until Labs 2021, San Francisco (United States), Series A | Developer of reversible cryopreservation systems for human organs and tissues | $100M | 45/100 | |
7th | Provider of organ preservation technologies and services. It offers machine perfusion technologies for kidneys, livers, and lungs, and a solution for cold static storage of lungs. The company also provides organ recovery and perfusion services. These technologies aim to increase organ utilization, extend preservation time, enable organ assessment, and improve transplant outcomes. A platform for sharing knowledge and experiences related to organ perfusion is also offered. | - | 45/100 | ||
8th | Provider of multi-organ support systems | $23.8M | 43/100 | ||
9th | Organ Recovery Systems 1998, Itasca (United States), Funding Raised | Organ preservation products and services improving transplant outcomes for patients | - | 38/100 | |
10th | ScubaTx 2020, Newcastle Upon Tyne (United Kingdom), Seed | Developer of organ preservation technology for transport and medical transplantation | $3.71M | 36/100 |
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Paragonix Technologies's Investments and acquisitions
Paragonix Technologies has made no investments or acquisitions yet.
Reports related to Paragonix Technologies
Here is the latest report on Paragonix Technologies's sector:
News related to Paragonix Technologies
Media has covered Paragonix Technologies for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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Technology Upgrade Made to SherpaPak Cardiac Transport SystemMedical Product Outsourcing•Apr 22, 2026•Paragonix Technologies
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Paragonix Technologies Partners with Gravitas Surgical to Improve Lung Transplants on the US West CoastGlobeNewswire•Nov 18, 2025•Paragonix Technologies
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Donor Network West Expands Kidney Transplant Opportunities with Paragonix KidneyVaultGlobeNewswire•Sep 17, 2025•Donornetworkwest, Paragonix Technologies
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Paragonix Launches Initiative to Increase Donor Lung UtilizationBusiness Wire•Apr 24, 2025•Paragonix Technologies
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Paragonix Celebrates 100th Kidney Transplant Case with FDA-Cleared KidneyVault™ SystemBusiness Wire•Apr 21, 2025•Paragonix Technologies
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Vanderbilt Health Performs First Successful Kidney Transplant Using New Organ Preservation TechnologyBusiness Wire•Apr 03, 2025•Paragonix Technologies, Vanderbilt Health
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Paragonix to Showcase Extensive Organ Transplant Research at the 45th Annual Meeting of the International Society of Heart and Lung TransplantationBusiness Wire•Apr 02, 2025•Paragonix Technologies
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First commercial kidney transport flight using Paragonix tech succeeds.PR Newswire•Mar 28, 2025•Medi-Ops, Organ, Paragonix Technologies
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Paragonix Technologies Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2025Business Wire•Mar 18, 2025•Paragonix Technologies
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Paragonix Secures EU MDR Approval for Five Organ Preservation DevicesBusiness Wire•Mar 13, 2025•Paragonix Technologies
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