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Monteris Medical

Monteris Medical

Private
Minnetonka, MinnesotaHealthcare & Life Scienceshttps://www.monteris.com/

Last Round

Debt

Mar 12, 2026

Total Funding Raised

$188.6M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Monteris Medical is a medical technology company that develops magnetic resonance imaging-guided, laser-based systems for the precise ablation of brain lesions and tumors, allowing for real-time control and minimal impact on surrounding healthy tissue.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Medical Imaging

Business Model

B2B

Customer Profile

Hardware Sales, Usage-Based SaaS

AI Layer

Non-AI

Keywords

laser ablationneurosurgeryminimally invasive surgeryMRI-guided surgerybrain lesion treatmentneurosurgical devicethermal monitoringimage-guided surgeryneurosurgical roboticskeyhole surgerylaser neurosurgeryinterventional neuroradiologyneurosurgical oncologysurgical disposablesepilepsy surgery

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Caplight Momentum Score

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Monteris Medical Comparables

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Monteris Medical comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Clinical Laserthermia Systems
85%
ClearPoint Neuro Inc
85%
Insightec
81%

Monteris Medical Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtMar 12, 2026
DebtOct 27, 2022
Series DOct 27, 2022
Growth EquityOct 5, 2020
Series CJun 1, 2017
Debt
Jun 29, 2016

Key People

Founding team and executive leadership

Marty Emerson

President and CEO

Executive Team

Doug Pahr

Chief Financial Officer

Executive Team

Monteris Medical Investors

Notable investors and investment history

Monteris Medical investors
InvestorRounds
The Vertical GroupSeries B
InnovaHealth PartnersDebt, Series D
GrowthWorks CapitalVC Round
Business Development Bank of Canada (BDC Capital)VC Round
OSF VenturesDebt
BDC CapitalVC Round, Series C, Series B
Pender Growth Fund Inc.VC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 13, 2026

    Monthly visitors increased 45% MoM.

  • Mar 12, 2026

    $28M round closed.

Recent news

Latest coverage and updates

  • launchesAug 19, 2026

    Monteris launched NeuroBlate on Jul 1st '09.

Monteris Medical Filings

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Monteris Medical filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersMinnetonka, Minnesota
Employee Range123
Year Founded1999
Last FundingMar 12, 2026

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