Fundraising Fox

Promaxo

Oakland, US · Delaware corporation · 3 known investors

promaxo.com

Promaxo develops a compact, office-based MRI system designed for point-of-care use, with applications including image-guided prostate interventions. The company operates in the medical imaging and medical device sector.

BiotechHardwareHealthtechMedical Devices

Founders & leadership

AV
Amit VohraFounder
MBMichael Bartholomew
Michael BartholomewExecutive
DK
Dinesh KumarExecutive

Board

JC
Jonathan ChenBoard director
DH
Derek HenneckeinBoard directorVenture Partner at Kineticos Life Sciences
DC
Dushyant ChipalkattyBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$60.9M disclosed across 4 rounds · 2017–2024

$41.9MraisedJul 2024 · 163 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Amit VohraExecutive Officer, Director
  • Michael BartholomewExecutive Officer, Director
  • Jonathan ChenDirector
  • Derek HenneckeDirector
  • Dushyant ChipalkattyDirector
  • Dinesh KumarExecutive Officer
Offering amount
$57.3M
Amount sold
$41.9M
Minimum investment
$1
First sale
Mar 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.2MraisedJan 2021 · 4 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael BartholomewExecutive Officer, Director
  • Jonathan ChenDirector
  • Amit VohraExecutive Officer, Director
  • Dan McCormickDirector
Offering amount
$5M
Amount sold
$4.2M
Minimum investment
$1
First sale
Dec 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$11MraisedMay 2020 · 69 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Amit VohraExecutive Officer, Director
  • Dan McCormickDirector
  • Dushyant ChipalkattyDirector
  • Michael BartholomewExecutive Officer, Director
  • Jonathan ChenDirector
Offering amount
$30.6M
Amount sold
$11M
Minimum investment
$1
First sale
May 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.8MraisedSep 2017 · 10 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael BartholomewExecutive Officer, Director
  • Amit VohraExecutive Officer, Director
  • Dushyant ChipalkattyDirector
Offering amount
$7.6M
Amount sold
$3.8M
Minimum investment
$1
First sale
Sep 2017
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap
MDxHealth5 shared keywordsmdxhealth develops molecular diagnostic tests for urologic diseases, with a focus on prostate cancer. Its products—Confirm mdx, GPS mdx, and Exo mdx—help physicians assess cancer risk, address false-negative biopsies, and guide treatment decisions for patients.
Cancerresearchuk4 shared keywordsCancer Research UK funds research across discovery, detection, prevention and treatment of cancer to improve patient outcomes and extend survival. It operates as a research funder and scientific organization serving academic and clinical researchers.
Profound Medical3 shared keywordsProfound Medical develops the MRI-guided TULSA Procedure (TULSA-PRO), an incision-free transurethral ultrasound ablation system for treating prostate tissue in men with conditions such as localized prostate cancer. The device uses real-time MRI temperature monitoring and closed-loop feedback to ablate targeted prostate tissue while aiming to preserve erectile function and urinary continence.
American Cancer Society (ACS)3 shared keywordsThe American Cancer Society is a nonprofit cancer-fighting organization that combats cancer through advocacy, research, and patient support. It provides information, guidance, caregiver resources, screening guidance, and clinical trial navigation for cancer patients, families, and caregivers, and funds cancer research.
Uclahealth3 shared keywordsUCLA Health is an academic health system providing primary, immediate, and specialty medical care including cancer, neuroscience, transplant, orthopedics, cardiovascular, and children's care. It operates hospitals and clinics and trains medical students, with a network of locations in the Los Angeles area.

Companies competing with Promaxo for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Promaxo do?
Promaxo develops a compact, office-based MRI system designed for point-of-care use, with applications including image-guided prostate interventions. The company operates in the medical imaging and medical device sector.
Who founded Promaxo?
Promaxo was founded by Amit Vohra.
Who are Promaxo's investors?
Promaxo's investors include Angel Physicians Fund, Band of Angels, Frontier Path VC.
How much funding has Promaxo raised?
Promaxo has disclosed $60.9M raised across 4 rounds.
Where is Promaxo headquartered?
Promaxo is headquartered in Oakland, US.