Delphinus Medical Technologies

Novi, MI · Founded 2010 · Privately Held (backing)

Developer of an ultrasound system designed to transform the early detection of breast cancer. Delphinus Medical Technologies is based in Novi, MI and was founded in 2010. It was valued at $210 million at its later-stage round in Aug 2023, the last priced event on record. It has raised $161 million across 5 recorded rounds; the latest was a $27.6 million debt round in Mar 2024.

PMV mark · valuation
$210.0M
Oct 2026
Priced at
its later-stage round
Aug 2023
Total raised
$161.4M
Last round
Debt
Mar 2024

Delphinus Medical Technologies key facts

as of Oct 2026
  • Developer of an ultrasound system designed to transform the early detection of breast cancer.
  • Delphinus Medical Technologies is valued at approximately $210.0M as of Oct 2026, set at its later-stage round, Aug 2023; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $161.4M across 5 recorded rounds; the latest was Debt ($27.6M) in Mar 2024.
  • Notable investors include Invest Detroit Ventures, Arboretum Ventures, Beringea, University of Michigan Endowment, InvestMichigan! Program — 14 tracked in total.
  • Delphinus Medical Technologies has filed 9 Form Ds with the SEC since 2010, most recently Apr 2025 ($27.6M sold to 8 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$210.0M

Valued at $210.0M at its later-stage round, Aug 2023. Nothing has traded since.

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

5 rounds
Mar 2024Debt$27.6MSEC filing▮
Jun 2023Early Stage VC$5.0MSEC filing▮
Aug 2022Early Stage VC$30.4MSEC filing▮
Apr 2017Early Stage VC$8.2MSEC filing▮
Aug 2015Early Stage VC$39.5MSEC filing▮

Delphinus Medical Technologies valuation

Delphinus Medical Technologies was valued at $210 million at its later-stage round in Aug 2023. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Delphinus Medical Technologies raised?

Delphinus Medical Technologies has raised $161 million across 5 recorded rounds since 2015. The largest was an $8.2 million early-stage round in Apr 2017; the most recent was a $27.6 million debt round in Mar 2024.

Delphinus Medical Technologies has filed 9 Form Ds with the SEC since 2010, most recently in Apr 2025 ($27.6 million sold to 8 investors).

Delphinus Medical Technologies investors

14 investors are on record for Delphinus Medical Technologies, including Invest Detroit Ventures, Arboretum Ventures, Beringea and University of Michigan Endowment. The debt round in Mar 2024 drew 8 investors.

About Delphinus Medical Technologies

Developer of an ultrasound system designed to transform the early detection of breast cancer. The company's system differentiates benign from malignant masses in breast cancer cases with the use of sound and water and utilizes a ring transducer to transmit and receive ultrasound signals, enabling medical professionals to better define and diagnose breast cancers and provide a better patient experience for women regardless of age, without concern of radiation or discomfort.

Sector
Healthcare
HQ
Novi, MI, United States
Founded
2010
Employees
51
Ownership
Privately Held (backing)

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