Fundz

Promaxo, Inc. reported raising $11 Million in an initial SEC Form D filing, from an offering of $30.6 Million

PRIVATEMay 21, 2020$11M of $30.6M raised

Amount Raised

$11 Million

$11 Million sold, per SEC Form D (first sale May 21, 2020)

Round Type

Venture

OaklandBiotechnologySoftwareHealth Care

Quick answer

Promaxo raised $11 Million in a funding round, dated May 21, 2020. Promaxo is based in Oakland, California, United States.

How much did Promaxo raise?
Promaxo raised $11 Million in a funding round on May 21, 2020.
What does Promaxo do?
With a compact and adaptable MRI, Promaxo is redefining the standard of care by improving the quality and speed of patient diagnosis and interventions.
Where is Promaxo based and how big is it?
Promaxo is based in Oakland, California, United States. Fundz records about 57 employees.
Who are the decision-makers at Promaxo?
Fundz holds 1 contact at Promaxo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Software around the same time

Companies in the same sectors as Promaxo that raised within 45 days of this round, from Fundz verified event records.

  • Sana raised $821M on June 26, 2020.
  • Sana raised $46M on June 26, 2020.
  • MED-X raised $600K on June 23, 2020.
  • Streamex Corp. raised $600K on May 5, 2020.
  • Imbria Pharmaceuticals raised $67M on July 2, 2020.
  • Amylyx Pharmaceuticals raised $30M on July 1, 2020.

Who to call at Promaxo, and when

A new round usually means Promaxo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Promaxo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Promaxo, from your own LinkedIn network

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Company Information

Company

Promaxo

Location

70 WASHINGTON ST, STE 407

Oakland, California, United States

About

With a compact and adaptable MRI, Promaxo is redefining the standard of care by improving the quality and speed of patient diagnosis and interventions. In March 2021, the company received 510(k) clearance from the U.S. FDA for its revolutionary office-based MRI system, allowing practices and hospitals to seamlessly guide prostate interventions under the single-sided scanner.

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Fundz sees it the moment Promaxo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contacts8 people are listed at Promaxo. We don't have their email yet.See plans and pricing
Predictive Intelligence
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ML-powered predictions for Promaxo's next move

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Promaxo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.