Profound Medical

IPO

Public · Mississauga, Canada · $88.0M raised

Headquarters
Mississauga
Employees
51–200
Business Model
B2B
Total Funding
$88.0M
Last Round
$40.0M Corporate RoundDec 2025
Rounds
4
Type
Public

About

Commercial-stage medical technology company commercializing TULSA-PRO, an MRI-guided ultrasound ablation system for prostate cancer and BPH treatment.

Summary

Profound Medical is a Healthcare company based in Mississauga, Canada. It has raised $88.0M in total across 4 rounds, most recently a $40.0M Corporate Round round in Dec 2025. Investors include Lake Street Capital, Genesys Capital and Raymond James.

Tech & App Stack

8 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Sign up to view the funding chart

Create a free account with 25 free credits every month, no card needed, to unlock funding history, valuations, and tech stacks.

Corporate RoundCorporate RoundDec 2025
$40.0M

Sign up to see all 5 rounds

Series A through Corporate Round — per-round amounts, valuations, and who invested in each round.

Investors

Similar Companies

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Profound Medical on Indexed.vc
<a href="https://indexed.vc/companies/profound-medical"><img src="https://indexed.vc/api/badge/company/profound-medical" alt="Profound Medical on Indexed.vc" width="260" height="76" /></a>