When was Varian Medical Systems founded?

Varian Medical Systems was founded in 1948 and raised its 1st funding round 61 years after it was founded.

Where is Varian Medical Systems located?

Varian Medical Systems is headquartered in Palo Alto, United States. It is registered at Palo Alto, California.

How many employees does Varian Medical Systems have?

As of Mar 31, 2026, the latest employee count at Varian Medical Systems is 9362.

Is Varian Medical Systems a funded company?

Varian Medical Systems is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Aug 06, 2009.

How much is Varian Medical Systems worth?

The last known valuation of Varian Medical Systems was $***** as of Aug 02, 2020.

When was the latest funding round of Varian Medical Systems?

Varian Medical Systems' latest funding was a $***** Grant (prize money) round on Mar 01, 2018, with participation from 1 investor.

Where does Varian Medical Systems rank among its competitors?

Varian Medical Systems ranks 1st amongst 13 active competitors, of which 6 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Terapet, which secured $1.83M in Mar, 2024.

Who are the top competitors of Varian Medical Systems?

Varian Medical Systems' top competitors include P-Cure, Terapet and Advanced Oncotherapy. Among them, Terapet secured the most recent funding round in March, 2024.

Varian Medical Systems - 2026 Company Profile, Funding & Competitors

Company Details

Provider and manufacturer of radiotherapy software and hardware solutions for professionals. The company supplies informatics software for managing comprehensive cancer clinics, radiotherapy centers, and medical oncology practices. The company also supplies tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications and also supplies X-ray imaging products for cargo screening and industrial inspection. The products developed by the company are ProBeam 360, Bravos, and the TrueBeam system.

Website: varian.com
Social
Registered Address: Palo Alto, California

Key Metrics

Founded Year

1948

Location

Palo Alto, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Mar 01, 2018, $*****

Last Known Valuation

$***** as on Aug 02, 2020

Investors

Accelmed & 3 more

Ranked

1^st among 13 active competitors

Employee Count

9,362 as on Mar 31, 2026

Investment & Acquisitions

Aspekt Solutions & 29 more

Similar Companies

P-Cure & 12 more

Exit Details

Acquired by Siemens Healthineers (Aug 02, 2020)

View Varian Medical Systems' full profile

Varian Medical Systems is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
THERAPY & MEDICAL SYSTEMS s.r.o. CIN: 06501664 , Czech Republic, Active	Oct 06, 2017	-	-
Varian Medical Systems Uk Limited CIN: 932068923 , Norway, Active	Dec 09, 1955	-	-
VARIAN MEDICAL SYSTEMS INDIA SOFTWARE PRIVATE LIMITED CIN: U72200MH2006FTC200288 , India, Amalgamated	Dec 15, 2006	$11M (As on Mar 31, 2016)	-
VARIAN MEDICAL SYSTEMS INC CIN: 203527 , United States, Active	Jan 21, 1976	$3.17B (As on Sep 30, 2020)	-	-
Varian Medical Systems, Inc. CIN: 942359345 , United States, Active	Dec 26, 999	-	3851 (As on Dec 31, 2023)	-
ACE & ACME, INC. CIN: 1079023 , United States, Active	May 02, 1986	$832M (As on Sep 30, 2010)	-	-

Varian Medical Systems got acquired by Siemens Healthineers on Aug 02, 2020 at an acquisition amount of $*****.

Click here to take a look at Varian Medical Systems's acquisition in detail

Varian Medical Systems has raised funding over 4 rounds. Its first funding round was on Aug 06, 2009. Its latest funding round was a Grant (prize money) round on Mar 01, 2018 for $*****. 1 investor participated in its latest round. Varian Medical Systems has 4 institutional investors.

Here is the list of recent funding rounds of Varian Medical Systems:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 01, 2018	6962256	Grant (prize money)	6533209	7275567	1272513	5586067
Nov 01, 2017	6338779	Grant (prize money)	5929594	2081947	2322480	Europa
Jan 11, 2017	6943599	Grant (prize money)	5000784	8511212	2289047	Europa

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Varian Medical Systems' employee count trend

Varian Medical Systems has 9,362 employees as of Mar 26. Here is Varian Medical Systems's employee count trend over the years:

Employee count trend for Varian Medical Systems

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Top competitors of Varian Medical Systems include P-Cure, Terapet and Advanced Oncotherapy. Here is the list of Top 10 competitors of Varian Medical Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Varian Medical Systems 1948, Palo Alto (United States), Acquired	Provider and manufacturer of radiotherapy software and hardware solutions for professionals	-	Accelmed, BB Biotech Ventures & 2 others	61/100
2nd	P-Cure 2007, Lod (Israel), Series B	Imaging-based proton radiation therapy for cancer treatment	$30M	-	50/100
3rd	Terapet 2019, Geneva (Switzerland), Seed	Developer of integrated imaging solutions for proton therapy and nuclear medicine	$3.75M	Nina Capital, Efficient Frontier Investing ... & 10 others	50/100
4th	Advanced Oncotherapy 1994, London (United Kingdom), Public	Provider of proton beam therapy system for the treatment of cancer	-	DNCA Finance, Aktiebolaget Segulah & 1 others	49/100
5th	Provision Healthcare 2005, Knoxville (United States), Series B	Innovating cancer care with advanced proton therapy solutions and patient-centric approach	$30.4M	-	38/100
6th	HIL Medical 2010, Jerusalem (Israel), Series C	Developer of proton-beam radiotherapy device to treat solid tumors	$3.15M	Integra Holdings, EIC Fund & 3 others	37/100
7th	B dot Medical 2017, Edogawa City (Japan), Series A	Developer of proton beam therapeutic devices for the treatment of cancer	$13.1M	Oita Venture Capital, Pegasus Tech Ventures ... & 2 others	33/100
8th	Shanghai Aipqiang Particle Equipment 2012, Shanghai (China), Series A	Provider of proton therapy systems and related particle equipment	$6.29M	United Imaging Healthcare	29/100
9th	Proton Therapy Partners 2018, Wayne (United States), Funding Raised	Developer of proton therapy for treating cancer	-	Concord Health Partners	26/100
10th	Zhongke Ion 2016, Hefei (China), Funding Raised	Developer of a therapeutic platform for cancer using proton therapy	-	Hefei High-tech Venture Capital Management Partnership ... Read more	26/100

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Varian Medical Systems has made 13 investments in companies including Cota Healthcare and HistoSonics. Varian Medical Systems has also acquired 17 companies including Aspekt Solutions and Endocare.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 26, 2023	Acquisition	Aspekt Solutions	2020	Greenbelt (United States)
Nov 18, 2020	Investments	Cota Healthcare	2013	New York City (United States)
Jun 12, 2020	Investments	HistoSonics	2009	Ann Arbor (United States)

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Here is the latest report on Varian Medical Systems's sector:

Free

Oncology - Sector Report

Edition: October, 2025 (81 Pages)

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Media has covered Varian Medical Systems for a total of 12 events in the last 1 year, 5 of them have been about company updates and 3 about partnerships.