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
What is Francis Medical worth?
$230.0MPrivateMarketView mark · Oct 2026

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

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Francis Medical funding history

2 rounds
DateRoundRaisedPost-money
Dec 2024Early Stage VC$40.0M▮
Sep 2021Early Stage VC$20.0M▮
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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).

How Francis Medical's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Francis Medical, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Francis Medical

What is Francis Medical worth?
Francis Medical is valued at $230.0M as of Oct 2026. Valued at $230.0M at its later-stage round, Dec 2024. Nothing has traded since.
How much has Francis Medical raised?
Francis Medical has raised $160.0M in total funding across 2 recorded rounds.
When did Francis Medical last raise?
Francis Medical last raised in Dec 2024 (Early Stage VC), raising $40.0M.