How much funding has Profound Medical raised?

Profound Medical has raised $88.0M in total funding, most recently a Corporate Round.

Who are Profound Medical's investors?

Profound Medical's investors include Lake Street Capital, Genesys Capital, Raymond James, BDC Venture Capital.

Where is Profound Medical headquartered?

Profound Medical is headquartered in Mississauga, Canada.

What industry is Profound Medical in?

Profound Medical operates in Healthcare, Medical Devices.

How many employees does Profound Medical have?

Profound Medical has 51-200 employees.

Profound Medical

IPO

Public · Mississauga, Canada · $88.0M raised

Healthcare

Medical Devices

Headquarters: Mississauga
Employees: 51–200
Business Model: B2B
Website: profoundmedical.com

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.