Galvanize Therapeutics Valuation, Funding & Investors

Galvanize Therapeutics is valued at $650M as of September 2025.

Last Galvanize Therapeutics valuation

$650M

Series C · Sep 2025

Last Galvanize Therapeutics funding round

$100M

Series C · Sep 2025

Cumulative funding Galvanize Therapeutics raised

$243M

across 3 funding rounds

Key investors in Galvanize Therapeutics

  • Fidelity
  • Apple Tree Partners
  • Gilmartin Capital LLC
  • intuitive
  • Norwest
  • T. Rowe Price

Galvanize Therapeutics Overview

About Galvanize Therapeutics

Galvanize Therapeutics is a Boston-headquartered medical device company developing pulsed field ablation platforms for respiratory, cardiac, and oncology applications. Its portfolio features the Galaxy system for bronchoscopic lung volume reduction in chronic obstructive pulmonary disease patients and the Pulse Field Ablation platform for atrial fibrillation. The company targets solid tumors through non-thermal tissue ablation and holds FDA Breakthrough Device Designation for its cardiac rhythm management tools. Backed by Apple Tree Partners since its 2022 inception, Galvanize Therapeutics advances therapies across U.S. clinical sites and international partnerships.


Founded

2015

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$650M (Sep 2025)

Galvanize Therapeutics Valuation

Galvanize Therapeutics is currently valued at $650M, based on its Series C in September 2025.

The $100M round was led by Sofinnova Partners, with participation from Fidelity, Gilmartin Capital LLC, Longaeva Partners, Janus Henderson, Norwest and 6 other investors.

Galvanize Therapeutics valuation by funding round

Galvanize Therapeutics valuation by funding round
DateStageValuation
Sep 2025Series C$650M

Galvanize Therapeutics Funding History

Galvanize Therapeutics has raised a total of $243M across 3 funding rounds.

Galvanize Therapeutics' first fundraising round was a $43M undisclosed-stage round in March 2019. The most recent completed round was a $100M Series C in September 2025.

Galvanize Therapeutics funding rounds

Galvanize Therapeutics funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2025Series CSofinnova Partners (lead); Fidelity; Gilmartin Capital LLC; Longaeva Partners; Janus Henderson; Norwest; T. Rowe Price; Apple Tree Partners; Perceptive Xontogeny Venture Fund; intuitive; Ally Bridge Group; Elevage Medical Technologies$100M$650MGalvanize Therapeutics, Inc. is a commercial-stage medical technology company based in Redwood City, California, pioneering pulsed electric field (PEF) therapies as a non-drug approach for treating solid tumors in oncology and chronic bronchitis, the leading cause of chronic obstructive pulmonary disease (COPD). The company has developed products including Aliya® PEF for solid tumors and RheOx® for chronic bronchitis. On September 3, 2025, Galvanize closed an oversubscribed $100 million Series C financing round led by Sofinnova Partners, with participation from new investors such as Norwest Venture Partners, Elevage Medical Technologies, Ally Bridge Group, Perceptive Xontogeny Venture Fund, Janus Henderson Investors, Longaeva Partners, and NVP Associates, LLC, alongside existing investors including Apple Tree Partners, Fidelity Management & Research Company, T. Rowe Price, Gilmartin Capital, and Intuitive Surgical. The post-money valuation for this round was $650 million. Proceeds from the financing are designated to expand commercial reach, advance clinical and development activities for its PEF platform, and broaden the footprint of its therapies targeting underserved patients reliant on pharmaceutical treatments. As part of the transaction, Antoine Papiernik from Sofinnova Partners, Zack Scott from NVP Associates (or Norwest), and David Lewis from Gilmartin Capital joined the company's board of directors. Sofinnova Partners, a Paris-based European life sciences venture capital firm founded in 1972 managing over €4 billion, highlighted the investment as backing a breakthrough platform addressing millions of underserved patients. Galvanize positions its PEF technologies as transformative alternatives to drug-based treatments for chronic diseases, with the Series C funding enabling scaling of commercial operations and pipeline advancement. The round's oversubscribed nature and blue-chip investor participation underscore strong market confidence in the company's traction and potential in oncology and pulmonology medtech sectors.
Sep 2022Series BFidelity (lead); Gilmartin Capital LLC; Apple Tree Partners; intuitive$100M-Galvanize Therapeutics raised $100M in a Series B funding round on September 15, 2022, with investors including Fidelity Investments (lead), Apple Tree Partners, Gilmartin Capital, and Intuitive. The company develops a pulsed electric field (PEF) platform for treating cancer and chronic lung diseases, including Aliya PEF for solid tumors and RheOx therapy for chronic bronchitis. The funding supported advancement of clinical and development activities for the PEF platform, a non-thermal, non-pharmacologic intervention using short electrical pulses to target pathologic cells. Subsequent rounds included a $100M Series C on September 3, 2025, led by Sofinnova Partners with participation from Fidelity, Apple Tree Partners, Gilmartin Capital, Intuitive Surgical, and others, bringing total raised to over $256M across multiple rounds. Galvanize's platform showed clinical promise, such as the RheSolve trial with 34% reduction in COPD exacerbations over 24 months. The company operates in the medical devices and biotech space, focusing on underserved patients in oncology and pulmonology.
Mar 2019Undisclosed stage-$43M-Search results detail later financings, such as a $100 million Series B in September 2022 led by Fidelity Management & Research Company with participation from Intuitive Surgical, Apple Tree Partners, and Gilmartin Capital to advance the Aliya Pulsed Electric Field platform for chronic bronchitis, cardiac arrhythmias, solid tumors, and drug delivery. The company, formed by merging Gala Therapeutics, Galaxy Medical, and Galvanize Therapeutics under Apple Tree Partners, focuses on non-thermal electrical pulses to treat diseases. A $100 million oversubscribed Series C followed in September 2025, led by Sofinnova Partners, to expand commercial activities for Aliya PEF in oncology and RheOx for chronic bronchitis.

Who has invested in Galvanize Therapeutics?

12 investors have backed Galvanize Therapeutics across its funding rounds, including Fidelity, Apple Tree Partners, Gilmartin Capital LLC, intuitive, Norwest and T. Rowe Price.

Lead investors include Sofinnova Partners and Fidelity.


Galvanize Therapeutics Investors

Investors in Galvanize Therapeutics by funding rounds participated
InvestorHQRoundsRoleFirst check
FidelityUnited StatesBoston, MA2LeadSep 2022
Gilmartin Capital LLCUnited StatesUnited States2ParticipantSep 2022
Apple Tree PartnersUnited StatesNew York City, NY2ParticipantSep 2022
intuitiveUnited KingdomCroydon2ParticipantSep 2022
Longaeva PartnersUnited StatesNew York City, NY1ParticipantSep 2025
Sofinnova PartnersFranceParis1LeadSep 2025
Janus HendersonUnited StatesLondon1ParticipantSep 2025
NorwestUnited StatesSan Francisco, CA1ParticipantSep 2025
T. Rowe PriceUnited StatesBaltimore, MD1ParticipantSep 2025
Perceptive Xontogeny Venture FundUnited StatesNew York City, NY1ParticipantSep 2025

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Galvanize Therapeutics

Galvanize Therapeutics has acquired 2 companies to date.

Last acquisition by Galvanize Therapeutics was on September 15th 2022. Galvanize Therapeutics acquired Gala Therapeutics for undisclosed valuation.


Latest Acquisitions by Galvanize Therapeutics

Gala Therapeutics
Galaxy Medical
Description
-
Galaxy Medical is a Salt Lake City-based developer of cardiology devices including stents and balloon catheters. It holds FDA clearances for its Galaxy Stent system used in peripheral artery treatments. The company supplies hospitals in the US and Latin America since 2010.
HQ CountryUnited StatesUnited States
HQ City
-
San Francisco, CA
Deal Date15 Sep 202215 Sep 2022
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Galvanize Therapeutics Competitors

Galvanize Therapeutics competitors include listed companies like Sunmax Biotechnology, UltraGreen.ai and MiMedx Group, and private ones like MindMaze, Geneoscopy and Hyperice.

Public and private companies comparable to Galvanize Therapeutics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MindMazeSwitzerlandLausannePrivate$8M-$1.5B187.5x
Sunmax BiotechnologyTaiwanTaiwanPublicly listed$64M$35M$670M-
GeneoscopyUnited StatesSaint Louis, MOPrivate--$630M-
UltraGreen.aiSingaporeSingaporePublicly listed$138M$78M$672M2.9x
MiMedx GroupUnited StatesUnited StatesPublicly listed$419M$78M$684M1.8x
HypericeUnited StatesLos Angeles, CAPrivate--$700M-

Galvanize Therapeutics Public Comps

Galvanize Therapeutics is still privately-owned, but its public comps include Lumibird, SS Innovations, AngioDynamics, Sunmax Biotechnology, UltraGreen.ai, Cytek Biosciences, MiMedx Group, Oculis Holding, Nanosonics and Barco.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Lumibird$263M$48M2.8x2.7x15.5x12.7x
SS Innovations$42M($7M)15.5x12.0x(92.4x)(71.9x)
AngioDynamics$320M($13M)1.8x1.8x(44.5x)34.3x
Sunmax Biotechnology$64M$35M10.2x-18.6x-
UltraGreen.ai$138M$78M3.4x2.9x6.1x4.7x
Cytek Biosciences$201M($24M)2.2x2.1x(18.4x)(78.1x)
MiMedx Group$419M$78M1.4x1.8x7.2x21.0x
Oculis Holding-($121M)-283.0x(2.8x)(3.3x)

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Common questions about Galvanize Therapeutics

When was Galvanize Therapeutics founded?Galvanize Therapeutics was founded in 2015.
Where is Galvanize Therapeutics headquartered?Galvanize Therapeutics is headquartered in San Francisco, CA, United States.
Is Galvanize Therapeutics publicly listed?No, Galvanize Therapeutics is a private, VC-backed company.
What is Galvanize Therapeutics' valuation?Galvanize Therapeutics was last valued at $650M in its Series C in September 2025.
How much funding has Galvanize Therapeutics raised?Galvanize Therapeutics has raised $243M across 3 funding rounds.
What was Galvanize Therapeutics' last funding round?Galvanize Therapeutics' last funding round was a $100M Series C in September 2025, led by Sofinnova Partners.
Who are Galvanize Therapeutics' investors?Galvanize Therapeutics' investors include Fidelity, Gilmartin Capital LLC, Apple Tree Partners, intuitive, Longaeva Partners, Sofinnova Partners, Janus Henderson, Norwest, T. Rowe Price, Perceptive Xontogeny Venture Fund and 2 others.
Which companies are comparable to Galvanize Therapeutics?Companies comparable to Galvanize Therapeutics include MindMaze, Sunmax Biotechnology, Geneoscopy, UltraGreen.ai, MiMedx Group and Hyperice.
How many companies has Galvanize Therapeutics acquired?Galvanize Therapeutics has acquired 2 companies, including Gala Therapeutics and Galaxy Medical.

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