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- Rapid Medical
Rapid Medical Valuation, Funding & Investors
Rapid Medical is valued at $1.3B as of May 2021.
Last Rapid Medical valuation
$1.3B
Series D · May 2021
Last Rapid Medical funding round
$50M
Series D · May 2021
Cumulative funding Rapid Medical raised
$79M
across 3 funding rounds
Key investors in Rapid Medical
CPE
BRM Capital
Gefen Capital
Deep Insight
Agate Medical Investments
Winnovation
About Rapid Medical
Rapid Medical is an Israeli medical technology company that develops minimally invasive devices for the treatment and prevention of stroke. Its products include the Tigertriever revascularization device and the Comaneci adjustable remodeling mesh, both used in neurovascular procedures. Rapid Medical has partnered with MicroPort, which holds exclusive commercial rights to three of the company's flagship products in Greater China.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.3B (May 2021)
Sectors
Rapid Medical Valuation
Rapid Medical is currently valued at $1.3B, based on its Series D in May 2021.
The $50M round was led by MicroPort (Shanghai), with participation from CPE and Deep Insight.
Rapid Medical valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2021 | Series D | $1.3B |
Rapid Medical Funding History
Rapid Medical has raised a total of $79M across 3 funding rounds.
Rapid Medical's first fundraising round was a $9M Series B in July 2017. The most recent completed round was a $50M Series D in May 2021.
Rapid Medical funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2021 | Series D | MicroPort (Shanghai) (lead); CPE; Deep Insight | $50M | $1.3B | Rapid Medical is an Israeli company specializing in neurovascular treatment devices. In May 2021, a MicroPort subsidiary led a $50 million Series D investment in Rapid Medical, granting MicroPort exclusive commercial rights for three flagship products in Greater China. This round followed an earlier Feb 2021 equity financing of $150 million at a post-money valuation of $1.25 billion. MicroPort announced the strategic investment in its 2021 interim results, planning deepened cooperation in neurovascular disease treatment. |
| Apr 2019 | Series C | JAM Capital Partners (lead); MicroPort Orthopedics (lead); Agate Medical Investments; RocSon Medtech Fund | $20M | - | - |
| Jul 2017 | Series B | Shanghai-Israel Investment Fund (lead); Gefen Capital; Winnovation; BRM Capital | $9M | - | Rapid Medical, an Israeli medtech company, develops minimally invasive devices for stroke treatment and prevention. In July 2017, it raised $9 million in a Series B financing round co-led by Shanghai-Israel Investment Fund and BRM Group, with participation from Gefen Capital and Winnovation. The funds supported commercialization of the Tigertriever revascularization device and Comaneci adjustable remodeling mesh. |
Who has invested in Rapid Medical?
11 investors have backed Rapid Medical across its funding rounds, including CPE, BRM Capital, Gefen Capital, Deep Insight, Agate Medical Investments and Winnovation.
Lead investors include MicroPort (Shanghai), JAM Capital Partners, MicroPort Orthopedics and Shanghai-Israel Investment Fund.
Rapid Medical Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | May 2021 | ||
| 1 | Participant | May 2021 | ||
| 1 | Participant | Jul 2017 | ||
| 1 | Lead | Jul 2017 | ||
| 1 | Participant | Apr 2019 | ||
| 1 | Lead | Apr 2019 | ||
| 1 | Lead | Apr 2019 | ||
| 1 | Participant | Apr 2019 | ||
| 1 | Participant | Jul 2017 | ||
This data is available for Pro users. Sign up to see all 11 Rapid Medical investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialRapid Medical Competitors
Rapid Medical competitors include listed companies like Weigao Group and VCANBIO, and private ones like FibroGen, Wilson Wolf Corporation, Equashield and EverlyWell.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $227M | $56M | $1.3B | 4.7x | ||
| Publicly listed | $217M | $44M | $1.3B | 4.3x | ||
| Private | $108M | - | $1.2B | 11.3x | ||
| Private | - | $55M | $1.3B | - | ||
| Private | - | - | $1.3B | - | ||
| Private | $100M | - | $1.3B | 13.0x |
Rapid Medical Public Comps
Rapid Medical is still privately-owned, but its public comps include Weigao Group, VCANBIO, Vitrolife, Sinocare, Tandem Diabetes Care, Arcs Co, Medartis, MicroPort EP, SonoScape and Integra Lifesciences.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $227M | $56M | 4.6x | 4.7x | 18.6x | 13.4x | |||
| $217M | $44M | 4.6x | 4.3x | 22.8x | 25.1x | |||
| $351M | ($449M) | 3.8x | 3.7x | (3.0x) | 11.9x | |||
| $695M | $43M | 1.9x | 1.8x | 31.0x | 15.3x | |||
| $1B | ($186M) | 1.5x | 1.4x | (8.0x) | 58.2x | |||
| $4B | $185M | 0.2x | 0.2x | 4.8x | 4.9x | |||
| $328M | $54M | 4.7x | 4.0x | 28.4x | 22.3x | |||
| $69M | $13M | 14.4x | 12.8x | 79.8x | 73.4x | |||
This data is available for Pro users. Sign up to see all Rapid Medical competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Rapid Medical
| When was Rapid Medical founded? | Rapid Medical was founded in 2008. |
| Where is Rapid Medical headquartered? | Rapid Medical is headquartered in Israel. |
| Is Rapid Medical publicly listed? | No, Rapid Medical is a private, VC-backed company. |
| What is Rapid Medical's valuation? | Rapid Medical was last valued at $1.3B in its Series D in May 2021. |
| How much funding has Rapid Medical raised? | Rapid Medical has raised $79M across 3 funding rounds. |
| What was Rapid Medical's last funding round? | Rapid Medical's last funding round was a $50M Series D in May 2021, led by MicroPort (Shanghai). |
| Who are Rapid Medical's investors? | Rapid Medical's investors include CPE, Deep Insight, Gefen Capital, Shanghai-Israel Investment Fund, Agate Medical Investments, MicroPort Orthopedics, JAM Capital Partners, RocSon Medtech Fund, Winnovation, BRM Capital and 1 other. |
| Which companies are comparable to Rapid Medical? | Companies comparable to Rapid Medical include Weigao Group, VCANBIO, FibroGen, Wilson Wolf Corporation, Equashield and EverlyWell. |
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