Intersect ENT
AcquiredPROPEL™ Sinus Implant
Public · Menlo Park, United States · Founded 2003 · $60.0M raised
- Headquarters
- Menlo Park, California
- Employees
- 201–500
- Founded
- 2003
- Business Model
- B2B
- Website
- intersectent.com
- Total Funding
- $60.0M
- Last Round
- $30.0M Series DFeb 2013
- Rounds
- 2
- Type
- Public
- Acquired by
- MedtronicAug 2021
About
Intersect ENT was a Menlo Park, California-based medical device company that developed and commercialized drug-eluting sinus implants, including the PROPEL and SINUVA products, designed to improve outcomes for ENT surgical patients. Founded in 2003, it was publicly traded before being acquired by Medtronic in May 2022 for approximately $1.1 billion.
Summary
Intersect ENT is a Biotech company based in Menlo Park, United States, founded in 2003. It has raised $60.0M in total across 2 rounds, most recently a $30.0M Series D round in Feb 2013. Investors include Medtronic, Kleiner Perkins and Shiv Chaudhary.
Tech & App Stack
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Funding History
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Aug 2021
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Series C through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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