Company Overview
Snapshot
Founded in November 2018 by Benny Greenburg and Ron Barak, Magnisity operates with 11–50 employees. The company has raised $6.25 million across two funding rounds.
Business overview
Magnisity is developing a surgical guidance platform designed to address challenges in minimally invasive medicine. The company focuses on empowering surgeons by creating algorithms, hardware, software, and precise mechanics to advance endoluminal interventions. Magnisity operates within the Health Tech & Life Sciences sector, specifically targeting the medical devices and assistive devices markets, with a B2B business model for healthcare providers.
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- When was Magnisity founded and by whom?
- Magnisity was founded in November 2018 by co-founders Benny Greenburg and Ron Barak.
- What is Magnisity's primary focus in the healthcare industry?
- Magnisity is developing a cutting-edge surgical guidance platform to enhance minimally invasive medical procedures, aiming to improve endoluminal interventions.
- How much capital has Magnisity raised to date?
- Magnisity has raised a total of $6.25 million across two funding rounds.
- Which investor participated in Magnisity's January 2024 funding round?
- In January 2024, Peregrine Ventures participated as a lead investor in Magnisity's funding round.
- What is the employee size of Magnisity?
- Magnisity currently has 11–50 employees.