Inquis Medical Raises $40M in Series B

Inquis Medical has successfully raised $40M in a Series B at a $200M valuation led by Marshall Wace, Cormorant Asset Management.

Company Overview

Inquis Medical is a HealthTech company headquartered in Menlo Park, CA, founded in 2018 with 70+ employees.

Medical technology company specializing in thrombectomy systems

Fundraising Details

• Amount Raised: $40M
• Round Type: Series B
• Valuation: $200M
• Date: 2024-11-09
• Investors: Marshall Wace, Cormorant Asset Management

About Inquis Medical

Medical technology company specializing in thrombectomy systems The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Menlo Park, CA
• Founded: 2018
• Team Size: 70+
• Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in Inquis Medical's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Inquis Medical's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $200M valuation marks an important milestone for Inquis Medical, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, Inquis Medical is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-11-09. For more information about Inquis Medical, visit their headquarters at Menlo Park, CA.