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Alpheus Medical

Chanhassen, MN · Founded 2014 · Privately Held (backing)

Developer of a sonodynamic therapy device designed to treat solid tumors through non-invasive outpatient care. Alpheus Medical is based in Chanhassen, MN and was founded in 2014. It was valued at $140 million at its later-stage round in May 2025, the last priced event on record. It has raised $83.4 million across 2 recorded rounds; the latest was a $34.5 million early-stage round in May 2025.

PMV mark · valuation
$140.0M
Oct 2026
Priced at
its later-stage round
May 2025
Total raised
$83.4M
Last round
Early Stage VC
May 2025

Alpheus Medical key facts

as of Oct 2026
  • Developer of a sonodynamic therapy device designed to treat solid tumors through non-invasive outpatient care.
  • Alpheus Medical is valued at approximately $140.0M as of Oct 2026, set at its later-stage round, May 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $83.4M across 2 recorded rounds; the latest was Early Stage VC ($34.5M) in May 2025.
  • Notable investors include OrbiMed, SV Health Investors, Samsara BioCapital, Revelation Partners, BrightEdge — 11 tracked in total.
  • Alpheus Medical has filed 2 Form Ds with the SEC since 2022, most recently May 2025 ($34.5M sold to 22 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$140.0M

Valued at $140.0M at its later-stage round, May 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Alpheus Medical funding rounds

2 rounds
May 2025Early Stage VC$34.5MSEC filing▮
Oct 2022Early Stage VC$14.0MSEC filing▮
Full funding history →

Alpheus Medical valuation

Alpheus Medical was valued at $140 million at its later-stage round in May 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Alpheus Medical raised?

Alpheus Medical has raised $83.4 million in total; 2 of its rounds are on record. The largest on record was a $34.5 million early-stage round in May 2025.

Alpheus Medical has filed 2 Form Ds with the SEC since 2022, most recently in May 2025 ($34.5 million sold to 22 investors).

Alpheus Medical investors

11 investors are on record for Alpheus Medical, including OrbiMed, SV Health Investors, Samsara BioCapital and Revelation Partners. By type, the record holds 4 venture capital firms and 2 growth equity firms. The early-stage round in May 2025 drew 22 investors.

About Alpheus Medical

Developer of a sonodynamic therapy device designed to treat solid tumors through non-invasive outpatient care. The company offers a drug-device combination activated by ultrasound, enabling individuals with recurrent glioblastoma multiforme to receive targeted therapy without imaging or inpatient admission.

Sector
Healthcare
HQ
Chanhassen, MN, United States
Founded
2014
Employees
9
Ownership
Privately Held (backing)

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