Tech Company Financing Transactions
Sonex Health Funding Round
Sonex Health, based in Eagan, secured $40 million from KCK Medtech.
Transaction Overview
Company Name
Announced On
9/15/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
KCK Medtech (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand access of its commercially available devices that use ultrasound guidance to safely and effectively treat patients suffering from the debilitating pain caused by carpal tunnel syndrome (CTS) and trigger finger (TF) and allow those patients to rapidly return to normal activities.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
950 Blue Gentian Rd, Suite 200
Eagan, MN 55121
USA
Eagan, MN 55121
USA
Phone
Website
Email Address
Overview
We believe in the transformative power of ultrasound-guided procedures to reduce invasiveness, improve safety and lower the cost of care. "Refined simplicity" is the guiding principle behind Sonex Health--it drives our efforts and innovations, and results in elegant, effective solutions to some of the healthcare system's most pressing needs. Mayo Clinic physicians Darryl Barnes, MD and Jay Smith, MD and business operations expert Aaron Keenan founded Sonex Health in 2014. The three were brought together by a shared desire to create safe, effective means of treating common orthopedic conditions that will improve the patient experience and safety while decreasing the cost of quality care.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Paulson
Chief Marketing Officer
Jay Smith
Chief Technical Officer
Darryl Barnes
Vice President
Mona Dahdah
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