Shape Memory Medical

San Jose, CA · Founded 2009 · Privately Held (backing)

Developer of a medical device designed to cater to the peripheral vascular, cardiovascular and neurovascular markets. Shape Memory Medical is based in San Jose, CA and was founded in 2009. Its last reported valuation was $93 million in Dec 2024. It has raised $58 million across 5 recorded rounds; the latest was a $17 million early-stage round in Apr 2025.

Last reported valuation
$93.0M
Oct 2026
Priced at
—
Total raised
$58.0M
Last round
Early Stage VC
Apr 2025
What is Shape Memory Medical worth?
$93.0Mlast reported valuation · Oct 2026

Shape Memory Medical's last reported valuation, Dec 2024. Nothing priced has surfaced 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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Shape Memory Medical funding history

5 rounds
DateRoundRaisedPost-money
Apr 2025Early Stage VC$17.0M▮
Feb 2024Early Stage VC$30.5M▮
Apr 2023Seed Round$4.8M▮
May 2020Early Stage VC$11.5M▮
Jul 2017Early Stage VC$7.0M▮
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Shape Memory Medical valuation

Shape Memory Medical's last reported valuation was $93 million in Dec 2024. No priced round, secondary trade or fund mark has surfaced since.

How much has Shape Memory Medical raised?

Shape Memory Medical has raised $58 million across 5 recorded rounds since 2017. The largest was a $7 million early-stage round in Jul 2017; the most recent was a $17 million early-stage round in Apr 2025.

Shape Memory Medical has filed 7 Form Ds with the SEC since 2017, most recently in Oct 2025 ($4.4 million sold to 29 investors).

How Shape Memory 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 Shape Memory 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 last reported valuation. Question about this number? Full methodology →

Frequently asked about Shape Memory Medical

What is Shape Memory Medical worth?
Shape Memory Medical is valued at $93.0M as of Oct 2026. Shape Memory Medical's last reported valuation, Dec 2024. Nothing priced has surfaced since.
How much has Shape Memory Medical raised?
Shape Memory Medical has raised $58.0M in total funding across 5 recorded rounds.
When did Shape Memory Medical last raise?
Shape Memory Medical last raised in Apr 2025 (Early Stage VC), raising $17.0M.