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Gynesonics is a technology company.
Gynesonics develops the Sonata® System, a medical device for treating symptomatic uterine fibroids. This transcervical, incision-free technology employs radiofrequency ablation to precisely target fibroids while preserving the uterus. The system provides a minimally invasive approach, offering enhanced control for physicians and improved recovery for patients.
The company was founded in 2005, driven by the insight to create less invasive solutions for gynecological conditions. Gynesonics sought to improve women's health by offering alternatives to traditional surgical procedures for uterine fibroids, aiming to reduce patient discomfort and recovery periods.
Gynesonics' customers are women with symptomatic uterine fibroids and their healthcare providers. The company's mission centers on advancing women's health through uterus-preserving, incision-free treatment options. Gynesonics remains dedicated to broadening access to its minimally invasive solutions for superior patient outcomes.
Gynesonics has raised $321.0M across 10 funding rounds.
Gynesonics has raised $321.0M in total across 10 funding rounds.
Gynesonics is a medical technology company specializing in minimally invasive, incisionless treatments for women's health, particularly symptomatic uterine fibroids.[1][2][3] Its flagship product, the Sonata System, is the first FDA-cleared device for diagnostic intrauterine imaging and transcervical radiofrequency ablation, offering a uterus-preserving alternative to hysterectomy or myomectomy for women worldwide.[2][4][5][6] The company serves gynecologists and patients affected by fibroids—impacting up to 80% of women under 50—by solving the problem of invasive surgeries through ultrasound-guided, incision-free procedures that improve symptoms and quality of life, as evidenced by over 10,000 treatments globally by August 2024.[2][4] Growth momentum includes recent software upgrades like SMART OS 2.4 for enhanced precision and Hologic's acquisition, integrating it into a global women's health leader.[4][5][7]
Founded to advance women's health through transcervical technologies, Gynesonics emerged with a focus on incision-free options for uterine fibroids, headquartered in Redwood City, California.[1][2][3] While specific founders are not detailed in available sources, the company pioneered the Sonata System, achieving FDA clearance as the first device for intrauterine imaging and transcervical treatment.[2][5][6] Early traction built through clinical validation, culminating in milestones like the 10,000th patient treatment in 2024 and ongoing innovations such as SMART OS software updates, demonstrating steady evolution toward broader adoption.[2][4]
Gynesonics rides the trend toward minimally invasive women's health solutions, addressing a massive market where uterine fibroids affect up to 80% of women under 50, amid rising demand for uterus-preserving alternatives to hysterectomies.[2][4] Timing aligns with advances in ultrasound-guided therapies and radiofrequency ablation, amplified by FDA clearances and global partnerships that expand access.[2][6] Market forces like growing awareness of fibroid impacts on quality of life and Hologic's acquisition favor scaled distribution, influencing the ecosystem by elevating incisionless standards and inspiring further medtech innovation in gynecology.[5][7]
Gynesonics' integration into Hologic positions the Sonata System for accelerated global rollout, with software enhancements like SMART OS driving precision and adoption.[4][5][7] Trends in personalized, non-surgical women's health—fueled by AI-guided imaging and ablation—will shape its path, potentially expanding indications beyond fibroids. Its influence may evolve from pioneer to ecosystem standard-setter, offering more women effective alternatives and reinforcing Gynesonics' legacy in revolutionizing care.[1][2]
Gynesonics has raised $321.0M in total across 10 funding rounds.
Gynesonics's investors include Joyce Erony, Bain Capital, Endeavour Vision, Kaiser Permanente Ventures, Runway Growth Capital, Hugo Harrod, Robert Lake, Bain Capital Life Sciences, Ken Haas, Mike Carusi, Correlation Ventures, HBM Partners.
Gynesonics has raised $321.0M across 10 funding rounds. Most recently, it raised $42.5M Other Equity in November 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 3, 2023 | $42.5M Other Equity | Joyce Erony, Bain Capital, Endeavour Vision, Kaiser Permanente Ventures, Runway Growth Capital | Hugo Harrod |
| Apr 11, 2023 | $25.0M Other Equity | ||
| Jan 13, 2021 | $50.0M Debt | Robert Lake | |
| Jan 3, 2019 | $75.0M Other Equity | Bain Capital Life Sciences | Ken Haas, Mike Carusi, Correlation Ventures, Endeavour Vision, HBM Partners, HealthCrest, Hercules Capital, InterWest Partners |
| Jul 22, 2015 | $43.0M Other Equity | Abingworth, Robert O'Holla | Advanced Technology Ventures, Correlation Ventures, HBM Partners, HealthCrest, Hercules Capital, InterWest Partners |
| Jul 1, 2015 | $43.0M Venture Round | Baird Capital, InterWest, Amzak Health Investors, Casey Tansey, OrbiMed | |
| Apr 24, 2015 | $3.0M Debt | ||
| Feb 1, 2013 | $21.0M Series D | Chandra Leo | Baird Capital, InterWest, Abingworth, Advanced Technology Ventures, Correlation Ventures, InterWest Partners |
| Jan 25, 2007 | $16.5M Other Equity | Tom Rodgers | Abingworth, Linda Grais |
| Sep 20, 2006 | $2.0M Debt | Hercules Capital |