Loading organizations...

§ Private Profile · Bellevue, WA, USA
Medical technology company developing noninvasive focused ultrasound therapy for drug-resistant hypertension, focused on renal artery.
Kona Medical, a medical technology company based in Bellevue, Washington, develops a noninvasive focused ultrasound therapy to treat drug-resistant hypertension by denervating renal arteries. Its technology delivers therapeutic energy externally, initially using a catheter for targeting, and has treated 48 patients with promising results. The company has raised over $65 million in venture capital funding, including a $30 million Series C round in May 2012. Notable investors include Essex Woodlands, Domain Associates, Morgenthaler Ventures, and BioStar Ventures. Led by Founder and CEO Michael Gertner, MD, Kona Medical also secured additional funding to expand its technology into China. The organization was founded in 2009 by Michael Gertner, MD, acquiring assets from Therus Corporation. Its business model centers on privately held, raised venture capital funding including Series C.
Kona Medical has raised $50.0M across 3 funding rounds.
Kona Medical has raised $50.0M in total across 3 funding rounds.
Kona Medical, Inc. is a medical technology company developing the Surround Sound® Hypertension Therapy System, a non-invasive ultrasound-based treatment for hypertension through renal denervation (RDN).[1][2][3] It targets patients with resistant high blood pressure uncontrolled by medication, serving cardiologists and hypertension specialists by offering a one-time procedure that avoids radiation, contrast media, catheters, or catheterization labs, reducing costs and complexity while showing promising blood pressure reductions in trials.[1][2]
Founded as a privately held startup in the Bellevue/Issaquah, Washington area with under 25 employees and revenue below $5 million, Kona has raised over $60 million from leading medtech investors, including a $10 million round for expansion into China.[1][2]
Kona Medical was founded in 2009 (with some sources noting 2010) by Michael Gertner, MD, a physician-entrepreneur motivated by the unmet need in treating resistant hypertension, where medications fail for many patients.[1][2][4] Gertner identified renal nerves near the renal arteries as key regulators of blood pressure and pioneered focused ultrasound (FUS) for their non-invasive ablation, evolving from early Doppler guidance to full ultrasound imaging for targeting and tracking without skin puncture.[2]
Early traction included clinical trials demonstrating safety and efficacy, with backing from top medtech investors enabling over $60 million in funding; a pivotal shift was advancing to a 50-patient study fully outside cath labs.[2] The company emerged from University of Washington-affiliated innovation ecosystems, humanizing its story as a clinician-led push against invasive RDN alternatives.[6]
Kona stands out in hypertension therapy through these key advantages:
Kona rides the focused ultrasound (FUS) wave in medtech, targeting the $50B+ hypertension market where 1 in 3 adults suffer and ~10-15% have resistant cases unresponsive to drugs.[2] Timing aligns with post-SYMPLICITY trial validation of RDN (2010s), but Kona disrupts by making it non-invasive amid rising demand for minimally invasive cardiology amid aging populations and medtech convergence with AI-guided imaging.[1][2]
Market forces favor it: regulatory progress (e.g., FDA pathways), China expansion for scale, and investor interest in outpatient shifts post-COVID; it influences ecosystems by advancing FUS platforms for soft-tissue treatments beyond hypertension, like other nerve ablations.[2][6]
Kona's next milestones include completing the 50-patient non-invasive study, consolidating into a commercial system, and launching U.S. FDA trials—potentially positioning it for global RDN dominance if data confirms broad efficacy.[2] Trends like FUS maturation, value-based care favoring low-cost outpatient therapies, and AI enhancements for precision will propel it, evolving its influence from hypertension pioneer to broader neuromodulation leader in a non-invasive medtech surge.
This clinician-founded innovator exemplifies how targeted ultrasound can redefine chronic disease management, tying back to its core mission of simplifying hypertension control.
Kona Medical has raised $50.0M across 3 funding rounds. Most recently, it raised $10.0M Series D in October 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 21, 2013 | $10M Series D | Reenie Mccarthy | — | Announced |
| Dec 1, 2012 | $10M Series C | — | Domain Associates, Morgenthaler Ventures, Osage University Partners, BioStar Ventures, Morgenthaler Ventures, Western Technology Investment | Announced |
| May 1, 2012 | $30M Series C | — | Domain Associates, Morgenthaler Ventures, Osage University Partners | Announced |
Kona Medical has raised $50.0M in total across 3 funding rounds.
Kona Medical's investors include Reenie McCarthy, Domain Associates, Morgenthaler Ventures, Osage University Partners, BioStar Ventures, Western Technology Investment.