Monteris Medical: Funding, Investors & Team (Sep 2026)
Monteris Medical is a medical device venture that develops new technologies for the treatment of cancer. It is a private equity-backed neurosurgical company focused solely on diseases of the brain. It develops MRI-guided, laser-based systems designed for the ablation of brain lesions. The company's system applies focused laser energy to ablate brain tumors from the inside, with little or no effect on surrounding healthy tissue as well as provides clinicians a new neurosurgical tool that offers real-time control and visualization of the therapy during laser ablation treatment, enabling neurosurgeons to ablate (treat with lethal heat) brain lesions and brain tumors that may be difficult to approach via traditional methods. It was founded in 1999 and has offices in Minneapolis, Minnesota, USA and Winnipeg, Manitoba, Canada.
Monteris Medical has raised $48.7M across 2 funding rounds on record, the most recent an undisclosed round of $35.0M announced in Mar 2026.
That round is above the $4.8M median round size for Health Care companies tracked on FundedIQ over the last two years.
Monteris Medical Company Profile and Key Stats
Latest funding round on record: Mar 2026.
Monteris Medical Funding Rounds
Monteris Medical raised $13.7M in an undisclosed round announced in Sep 2022.
3.5 years later, an undisclosed round of $35.0M was announced in Mar 2026.
Monteris Medical Founders and Leadership Team
Contact details for the Monteris Medical team: 1 has a LinkedIn profile.
Start 14-day free trial →Monteris Medical Funding Compared to Other Health Care Startups
Monteris Medical's latest round of $35.0M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.
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Monteris Medical Funding FAQs
What does Monteris Medical do?
Monteris Medical is a medical device venture that develops new technologies for the treatment of cancer. It is a private equity-backed neurosurgical company focused solely on diseases of the brain. It develops MRI-guided, laser-based systems designed for the ablation of brain lesions. The company's system applies focused laser energy to ablate brain tumors from the inside, with little or no effect on surrounding healthy tissue as well as provides clinicians a new neurosurgical tool that offers real-time control and visualization of the therapy during laser ablation treatment, enabling neurosurgeons to ablate (treat with lethal heat) brain lesions and brain tumors that may be difficult to approach via traditional methods. It was founded in 1999 and has offices in Minneapolis, Minnesota, USA and Winnipeg, Manitoba, Canada.
How much funding has Monteris Medical raised?
Monteris Medical has raised $48.7M across 2 rounds on record. The most recent is an undisclosed round of $35.0M announced in Mar 2026.
When did Monteris Medical last raise funding?
Monteris Medical's most recent funding round on record is an undisclosed round of $35.0M, announced in Mar 2026.
Who founded Monteris Medical?
FundedIQ lists Mark G Torchia (Founder), Marty Emerson (Founder) at Monteris Medical.
Where is Monteris Medical headquartered?
Monteris Medical is based in Plymouth, Minnesota, United States.
How many employees does Monteris Medical have?
Monteris Medical is in the 101-250 employee band.
How does Monteris Medical's funding compare to other Health Care startups?
Monteris Medical's latest round of $35.0M is above the $4.8M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.
About FundedIQ's Monteris Medical Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Monteris Medical is left off this page rather than filled in.
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