Preceptis Medical - About the company
Preceptis Medical is a series B company based in Minneapolis (United States), founded in 2011. It operates as a Surgical tool for ear tube procedures. Preceptis Medical has raised $21.8M in funding from Partisan Management Group. The company has 8 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like AventaMed, Tympanogen and Earflo.
Company Details
Preceptis Medical is a medical device manufacturer developing surgical tools that allow ear tube procedures to be performed with reduced pain and surgical time for the pediatric patient. Its product, The HUMMINGBIRD TTS Tympanostomy Tube System, gives physicians the option to perform the procedure using moderate or conscious sedation. The device is not commercially available. Participated with Mayo Clinic and Children’s Hospitals and Clinics of Minnesota clinical study.
- Website
- preceptismedical.com
- Registered Address
- Maple Grove, Minnesota
Key Metrics
Founded Year
2011
Location
Minneapolis, United States
Stage
Series B
Total Funding
$21.8M in 10 rounds
Latest Funding Round
Investors
Ranked
2nd among 8 active competitors
Employee Count
12 as on May 31, 2026
Legal entities associated with Preceptis Medical
Preceptis Medical is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Preceptis Medical, Inc. CIN: 352428728 , United States, Active | - | 5 (As on Dec 31, 2024) | - |
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Preceptis Medical's funding and investors
Preceptis Medical has raised a total funding of $21.8M over 10 rounds. Its first funding round was on Dec 21, 2011. Preceptis Medical has 5 institutional investors.
Here is the list of recent funding rounds of Preceptis Medical:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 16, 2026 | 7853199 | Series B | 3892868 | 5987152 | 2197811 | 8336815 |
Dec 09, 2020 | 6921313 | Series B | 6079477 | 5371252 | 6758206 | 8931342 |
Mar 11, 2020 | 3833073 | Series B | 7327871 | 1887566 | 6939392 | 5436797 |
View details of Preceptis Medical's funding rounds and investors
Preceptis Medical's founders and board of directors
Founder? Claim ProfilePreceptis Medical's employee count trend
Preceptis Medical has 12 employees as of May 26. Here is Preceptis Medical's employee count trend over the years:
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Preceptis Medical's Competitors and alternates
Top competitors of Preceptis Medical include AventaMed, Tympanogen and Earflo. Here is the list of Top 10 competitors of Preceptis Medical, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Device for safe placement of grommets | $3.58M | 47/100 | ||
2nd | Preceptis Medical 2011, Minneapolis (United States), Series B | Surgical tool for ear tube procedures | $21.8M | 42/100 | |
3rd | Tympanogen 2014, Norfolk (United States), Seed | Provider of gel patch for chronic tympanic membrane perforations | $2.18M | 37/100 | |
4th | Developer of a medical device for treating negative middle ear pressure | - | 29/100 | ||
5th | Developer of a robotic surgical applicator for ear tube surgery. This device aims to simplify the procedure, reducing the need for general anesthesia and a surgical microscope. It enables outpatient settings and potentially reduces costs. The applicator uses commercially available ear tubes and features safety and precision enhancements through robotics and sensor technology. It makes a precise incision on the eardrum, improving outcomes for patients. | $1.6M | - | 25/100 | |
6th | Developer of magnetic compression based device to prevent cauliflower ears | - | - | 24/100 | |
7th | Doya Medical 2015, Caesarea (Israel), Deadpooled | Developing non-invasive eStent technology for the treatment of otitis media with effusion (OME) | - | 22/100 | |
8th | EntraTympanic 2009, Medfield (United States), Seed | Trusted online Toto Macau 4D lottery platform in Asia | $25K | - | 20/100 |
9th | ClearPop 2015, United States, Deadpooled | Developer of a therapy for treating ear pain | $692K | - | 19/100 |
10th | Otomedics tympanostomy 2005, Jerusalem (Israel), Unfunded | Tympanostomy tube for middle ear ventilation/drainage problems | - | - | 16/100 |
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Preceptis Medical's Investments and acquisitions
Preceptis Medical has made no investments or acquisitions yet.
Reports related to Preceptis Medical
Here is the latest report on Preceptis Medical's sector:
News related to Preceptis Medical
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Preceptis Medical Announces New CMS HCPCS Code for Pediatric Tympanostomy ProceduresBusiness Wire•Nov 05, 2024•Preceptis Medical
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Preceptis Medical Announces Series B Financing and Global Growth Strategy for ChinaBusiness Wire•Nov 21, 2017•Preceptis Medical
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Partisan Management GroupPartisan Management Group•Enable Injections, Partisan Management Group, Preceptis Medical
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