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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 24 active competitors, including 8 funded and 6 that have exited. Its top competitors include companies like OrganOx, TransMedics and ADVITOS.

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
Ranked
Employee Count
163 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Getinge (Aug 22, 2024)

Paragonix Technologies's acquisition details

Paragonix Technologies got acquired by Getinge on Aug 22, 2024.
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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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 07, 2023
9534616
Series B
2451430
2295685
8091749
1816982
Dec 18, 2013
6564615
Seed
6706847
5634518
7850232
9426248
Jul 12, 2012
7956026
Grant (prize money)
9657963
9928856
1988362
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Paragonix Technologies' founders and board of directors

Founder? Claim Profile
The founders of Paragonix Technologies is Lisa Anderson.
Here are the details of Paragonix Technologies' key team members:

Paragonix Technologies' employee count trend

Paragonix Technologies has 163 employees as of Mar 26. Here is Paragonix Technologies's employee count trend over the years:
Employee count trend for Paragonix Technologies
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Paragonix Technologies's Competitors and alternates

Top competitors of Paragonix Technologies include OrganOx, TransMedics and ADVITOS. Here is the list of Top 10 competitors of Paragonix Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OrganOx
OrganOx
2008, Oxford (United Kingdom), Acquired
Provider of a storage and transport system for harvested organs
$45.4M
70/100
2nd
Logo for TransMedics
TransMedics
1998, Andover (United States), Public
Developer of organ transplantation technology
$266M
69/100
3rd
Logo for ADVITOS
ADVITOS
2005, Munich (Germany), Series B
Provider of multi-organ support systems
$23.8M
57/100
4th
Logo for Paragonix Technologies
Paragonix Technologies
2010, Boston (United States), Acquired
Organ preservation technology improving transplant outcomes with digital tracking and clinical support
$25.1M
57/100
5th
Logo for Bridge to Life
Bridge to Life
2012, Columbia (United States), Series A
Provider of cold storage solutions for the preservation of organ transplants
$57M
55/100
6th
Logo for Vascular Perfusion
Vascular Perfusion
2016, San Antonio (United States), Series D
Developer of a device for organ preservation
$152M
-
52/100
7th
Logo for Northernmost
Northernmost
2022, Edmonton (Canada), Seed
Developer of medical device for organ preservation technology
$1.9M
46/100
8th
Logo for XVIVO
XVIVO
1998, Gothenburg (Sweden), Public
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.
-
41/100
9th
Logo for Transplant Biomedicals
Transplant Biomedicals
2014, Barcelona (Spain), Series A
Organ transport devices
$4.24M
38/100
10th
Logo for Untillabs
Untillabs
2021, San Francisco (United States), Series A
Developer of reversible cryopreservation systems for human organs and tissues
$100M
38/100
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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

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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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