InSightec Stock

InSightec develops and manufactures MR-guided Focused Ultrasound technology devices for image-guided acoustic surgery.

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Founded

1999

Notable Investors

Koch Disruptive Technologies

Headquarters

Dallas TX, US

Total Funding

$442M

About InSightec Stock

InSightec is the pioneer and global leader in MR guided focused ultrasound technology for image guided acoustic surgery. ExAblate® 2000 system was the first system to use the MR guided focused ultrasound technology. The ExAblate system received CE mark in 2002 and the Food and Drug Administration (FDA) approval in 2004 for the treatment of symptomatic uterine fibroids. ExAblate received the European CE Mark for pain palliation of bone metastases in June 2007 and for adenomyosis in June 2010. This device has won numerous innovation awards and has been used to treat thousands of patients around the world.

Investors

Koch Disruptive Technologies

Dragos, Desktop Metal, InSightec, fabric, D2iQ, 8fig, Automox, Ibotta

Funding History

November 2007$30.0M
December 2012$30.9M
December 2014$59.0M
January 2016$22.0M
December 2017$150M
March 2020$150M

Management

CFO

Roni Karie

CEO & Chairman

Maurice Ferre, M.D.

CEO and Founder

Kobi Vortman

Press

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