F
Francis Medical
Cancer ablation by water vapor
About Francis Medical
Francis Medical is a pioneering medical device company that is developing innovative therapeutic solutions for the treatment of urological cancers, specifically prostate, kidney, and bladder cancer. The company operates in the healthcare sector, specifically the medical device and cancer treatment market.
Their business model revolves around the development and commercialization of a unique water vapor technology. This technology uses the thermal energy stored in water vapor to ablate, or destroy, cancerous tissue. Unlike traditional treatments, this minimally invasive procedure aims to protect surrounding structures, reducing the likelihood of common side effects such as urinary incontinence and erectile dysfunction.
Francis Medical's primary focus is on prostate cancer, the second most common cancer in American men. Their approach offers a more patient-friendly alternative to traditional treatments, which often involve surgery, hospital stays, and debilitating side effects. With Francis Medical's water vapor technology, patients can typically go home the same day and resume their normal lifestyle the next day.
The company's revenue model is likely based on the sale of their medical devices and the licensing of their proprietary technology to healthcare providers.
Francis Medical's work is not just business, it's personal. The company is named after Francis Hoey, the father of the founder, who died from prostate cancer after undergoing treatments with debilitating side effects. Today, the company's work stands as a tribute to Francis Hoey, aiming to provide more humane treatment options for cancer patients.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Maple Grove, United States
- Employees
- 74
- Open positions
- None listed
- Dealroom signal
- 87.8/100
- Industry
- Health
- Sub-industry
- BioTechnology, Medical Devices
- Sector
- Biotech & Life Sciences, Biotechnology, Oncology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Client focus
- B2B
Knowledge graph
News
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jan 2025 | $80M | $320M | Coloplast · Tonkawa Investments · Orlando Health Ventures · Solas BioVentures | ↗ |
| SERIES BOther financing | Sep 2021 | $55M | $220M | Arboretum Ventures · Tonkawa Investments · Coloplast · Solas BioVentures | — |
Growth signals
Latest recorded traffic for Francis Medical is 3.7K monthly website visits, up 27.6% over the last three months. Francis Medical's team grew 15.6% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Francis Medical in the Maple Grove ecosystem
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Arboretum Ventures- HVH2Oey Ventures
Coloplast- TITonkawa Investments
Solas BioVentures
Series B and later1 investor entered at this stage
Orlando Health Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Francis Medical on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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