Premier Alternatives

Francis Medical

Maple Grove, MN · Founded 2018 · Privately Held (backing)

Developer of novel treatment devices designed to treat cancer in the prostate gland, urinary bladder, and kidney. Francis Medical is based in Maple Grove, MN and was founded in 2018. It was valued at $230 million at its later-stage round in Dec 2024, the last priced event on record. It has raised $160 million across 2 recorded rounds; the latest was a $40 million early-stage round in Dec 2024.

PMV mark · valuation
$230.0M
Oct 2026
Priced at
its later-stage round
Dec 2024
Total raised
$160.0M
Last round
Early Stage VC
Dec 2024

Francis Medical key facts

as of Oct 2026
  • Developer of novel treatment devices designed to treat cancer in the prostate gland, urinary bladder, and kidney.
  • Francis Medical is valued at approximately $230.0M as of Oct 2026, set at its later-stage round, Dec 2024; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $160.0M across 2 recorded rounds; the latest was Early Stage VC ($40.0M) in Dec 2024.
  • Notable investors include Arboretum Ventures, Boston Scientific Ventures, CHK Cleveland Tonkawa, Coloplast, H2Oey Ventures — 8 tracked in total.
  • Francis Medical has filed 2 Form Ds with the SEC since 2021, most recently Dec 2024 ($40.0M sold to 16 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$230.0M

Valued at $230.0M at its later-stage round, Dec 2024. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
Free account
More of Francis Medical with a free account
  • ·Watch Francis Medical: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Francis Medical funding rounds

2 rounds
Dec 2024Early Stage VC$40.0MSEC filing▮
Sep 2021Early Stage VC$20.0MSEC filing▮
Full funding history →

Francis Medical valuation

Francis Medical was valued at $230 million at its later-stage round in Dec 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Francis Medical raised?

Francis Medical has raised $160 million in total; 2 of its rounds are on record. The largest on record was a $40 million early-stage round in Dec 2024.

Francis Medical has filed 2 Form Ds with the SEC since 2021, most recently in Dec 2024 ($40 million sold to 16 investors).

Francis Medical investors

8 investors are on record for Francis Medical, including Arboretum Ventures, Boston Scientific Ventures, CHK Cleveland Tonkawa and Coloplast. The early-stage round in Dec 2024 drew 16 investors.

About Francis Medical

Developer of novel treatment devices designed to treat cancer in the prostate gland, urinary bladder, and kidney. The company's devices are based on water vapor technology that is being explored for treating a variety of endourological cancers using the energy stored in a few drops of water to ablate cancerous tissue, enabling medical professionals to not only treat cancerous tissue but also protect surrounding structures to reduce the likelihood of the life-altering side effects common with other treatments.

Sector
Healthcare
HQ
Maple Grove, MN, United States
Founded
2018
Employees
48
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.