NeoTract
AcquiredMinimally invasive solutions for urological conditions.
Pleasanton, United States · Founded 2004 · $36.8M raised
- Headquarters
- Pleasanton, California
- Employees
- 51–200
- Founded
- 2004
- Business Model
- B2B
- Website
- urolift.com
- Total Funding
- $36.8M
- Last Round
- $12.8M Series FJan 2016
- Rounds
- 7
- Acquired by
- Teleflex IncorporatedSep 2017
About
NeoTract was a privately-held medical device company headquartered in Pleasanton, California, focused on addressing unmet needs in urology. Founded in 2004 by Ted Lamson and Joseph Catanese, the company developed and commercialized the FDA-cleared UroLift System — a minimally invasive permanent implant that treats lower urinary tract symptoms caused by benign prostatic hyperplasia (BPH) while preserving sexual function. The UroLift System became a widely adopted alternative to medications and major surgery for enlarged prostate. NeoTract was acquired by Teleflex in October 2017 for up to $1.1 billion ($725M upfront plus up to $375M in milestone payments).
Summary
NeoTract is a Healthcare company based in Pleasanton, United States, founded in 2004. It has raised $36.8M in total across 7 rounds, most recently a $12.8M Series F round in Jan 2016. Investors include Teleflex, Johnson & Johnson Innovation and NEA.
Tech & App Stack
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Funding History
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Sep 2017
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