PROCEPT BioRobotics

United States
Redwood City, California, United States, 94065

Company profile

PROCEPT BioRobotics company profile

PROCEPT is a commercial-stage surgical robotics company focused on advancing patient care by developing transformative solutions in urology. PROCEPT develops, manufactures and sells the AquaBeam Robotic System, an advanced, image-guided, surgical robotic system for use in minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia, or BPH. BPH is the most common prostate disease and impacts approximately 40 million men in the United States. PROCEPT designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, or LUTS, due to BPH that are independent of prostate size and shape or surgeon experience. PROCEPT has developed a significant and growing body of clinical evidence, which includes nine clinical studies and over 100 peer-reviewed publications, supporting the benefits and clinical advantages of Aquablation therapy.

Business identity

Contact email
[email protected]
Phone number
650-232-7200
Operating status
Active
Company type
For Profit
Employee range
501-1,000 employees
Revenue range
$10M-$100M
Founded
2007-01-01, Year

Headquarters

Postal code
94065
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
12
Total equity funding
$478M
Last funding
Post IPO Secondary / $175M / 2024-10-29
Last equity funding
Post IPO Equity / $150M
Investors
9
Lead investors
4
Founders
2
Articles
145
Exited on
2021-09-15

Founders and investors

Founders

Dr. Nikolai AljuriRodney Perkins

Lead investors

CIBC Innovation BankingFidelityNovo HoldingsViking Global Investors

Investors

CIBC Innovation BankingFidelityNovo HoldingsPerceptive AdvisorsT. Rowe Price