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Francis Medical

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Cancer ablation by water vapor

Maple Grove, United StatesFounded 2018Biotech & Life Sciences
Valuation $250–500M Last recorded · 2025
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Francis Medical and the history behind them.

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 data

At 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

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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 —
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Growth signals

Francis Medical website traffic

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.

Latest monthly visits3.7K 3-month web change+27.6% 1-year team growth+15.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
AntegenesGenetic tests for personalized cancer risk prevention Tartu, Estonia Operational 11 $3.4M $7M
Hirotsu Bio ScienceDeveloped N-Nose, a non-invasive cancer screening product using nematode worms to detect early-stage cancers through urine samples Tokyo, Japan Operational
Universal Medical Imaging DiagnosticOffers a holistic alternative and complementary approach to overall health that uses non-invasive, non-radioactive and painless imaging of the whole body Los Angeles, United States Operational
CDx DiagnosticsCDx develops and provides diagnostic systems intended to prevent cancer by detecting pre-cancerous cells Town of Ramapo, United States Operational
MiRXESBiotechnology, Cancer Diagnostics, Health Care, Life Science Singapore, Singapore Operational
CelluminovaSpecializes in the development of new tools for stem cell research, including cancer stem cells Norrköpings kommun, Sweden Operational
NuGen Medical DevicesAn emerging specialty medical device company focused on developing and commercializing novel drug delivery technologies Toronto, Canada Operational
Huiying Medical Technology (Beijing)Huiyi Hui Ying is an international cloud computing & AI tech that has created a digital medical imaging and tumor radiotherapy platform Dongcheng District, China Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Francis Medical in the Maple Grove ecosystem

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Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Arboretum Ventures
  • H2Oey Ventures
  • Coloplast
  • Tonkawa Investments
  • Solas BioVentures

Series B and later1 investor entered at this stage

  • Orlando Health Ventures
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

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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