Fundz

Xii Medical Completes $30 Million Series A Financing

PRIVATEMay 05, 2022

Amount Raised

$30 Million

Round Type

Series A

Union CityHealthcare

Description

XII Medical, Inc., a private health technology company, today announced the closing of a $30 million Series A equity financing with a world-class syndicate of healthcare investors. Ajax Health led the financing, with co-lead Broadview Ventures and participation from founding investor Cleveland Clinic, as well as Aperture Venture Partners, JobsOhio Growth Capital Fund, CincyTech, and an undisclosed strategic investor. Funds will be utilized to advance the development of a proprietary, state-of-the-art, patient-centric solution for the millions of people suffering from obstructive sleep apnea.

Quick answer

XII Medical, Inc. raised $30 Million in a Series A round, dated May 5, 2022. XII Medical, Inc. is based in Union City, California, United States.

How much did XII Medical, Inc. raise?
XII Medical, Inc. raised $30 Million in a Series A round on May 5, 2022.
What does XII Medical, Inc. do?
Minimally Invasive Technology for Obstructive Sleep Apnea.
Where is XII Medical, Inc. based and how big is it?
XII Medical, Inc. is based in Union City, California, United States.

Source: Fundz verified event record.

Who else raised in Healthcare around the same time

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

Who to call at XII Medical, Inc., and when

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

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Company Information

Company

XII Medical, Inc.

Location

32980 Alvarado Niles Road, Suite 856

Union City, California, United States

About

Minimally Invasive Technology for Obstructive Sleep Apnea.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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