Solenic Medical

Addison, TX · Founded 2019 · Privately Held (backing)

Developer of a medical device designed to provide non-invasive treatment for infected metallic implants in the body. Solenic Medical is based in Addison, TX and was founded in 2019. Its last known valuation is $67 million. It has raised $20.4 million across 4 recorded rounds; the latest was a $3.2 million debt round in Feb 2024.

Last price · $/share
—
Implied valuation
$67.0M
Total raised
$20.4M
Last round
Debt
Feb 2024

Solenic Medical key facts

  • Developer of a medical device designed to provide non-invasive treatment for infected metallic implants in the body.
  • Solenic Medical’s last known valuation is $67.0M.
  • It has raised $20.4M across 4 recorded rounds; the latest was Debt ($3.2M) in Feb 2024.
  • Notable investors include MassChallenge, MedTech Innovator, Johnson & Johnson JJDC, ShangBay Capital, Highpoint Ventures — 13 tracked in total.
  • Solenic Medical has filed 7 Form Ds with the SEC since 2019, most recently Mar 2024 ($3.2M sold to 17 investors).
  • Status: Privately Held (backing).
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Solenic Medical funding rounds

4 rounds
Feb 2024Debt$3.2MSEC filing▮
Jan 2024Debt$2.2MSEC filing▮
Dec 2022Seed Round$3.7MSEC filing▮
Aug 2019Seed Round$250KSEC filing▮

Solenic Medical valuation

Solenic Medical's last known valuation is $67 million. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

How much has Solenic Medical raised?

Solenic Medical has raised $20.4 million in total; 4 of its rounds are on record, from 2019 on. The largest on record was a $3.7 million seed round in Dec 2022; the most recent was a $3.2 million debt round in Feb 2024.

Solenic Medical has filed 7 Form Ds with the SEC since 2019, most recently in Mar 2024 ($3.2 million sold to 17 investors).

Solenic Medical investors

13 investors are on record for Solenic Medical, including MassChallenge, MedTech Innovator, Johnson & Johnson JJDC and ShangBay Capital. The debt round in Feb 2024 drew 17 investors.

About Solenic Medical

Developer of a medical device designed to provide non-invasive treatment for infected metallic implants in the body. The company's device uses alternating magnetic fields generated by external coils to eradicate biofilm on the surface of medical implants, enabling doctors to address major complications of various surgeries, such as knee and hip replacements, as well as trauma-related implants such as plates and rods.

Sector
Healthcare
HQ
Addison, TX, United States
Founded
2019
Employees
18
Ownership
Privately Held (backing)

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Valuation on record
$67.0M

Solenic Medical’s last known valuation. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.