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Channel Medsystems, Inc.

Channel Medsystems, Inc.

Private
Berkeley, CaliforniaHealthcare & Life Scienceshttps://www.cerene.com/

Last Round

Growth Equity

Sep 9, 2021

Total Funding Raised

$77.8M

Company Overview

Channel Medsystems, Inc. is a healthcare technology company that develops the Cerene® Cryotherapy Device, a handheld medical device designed to provide safe, incision-free, and office-based treatment for heavy menstrual bleeding in premenopausal women.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

endometrial ablationcryoablationin-office proceduremenorrhagia treatmentminimally invasive surgerygynecology deviceoffice-based surgerysingle-use medical devicewomen's health techfemtechheavy menstrual bleedingdysmenorrhea treatmentOB/GYN equipment

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Channel Medsystems, Inc. Comps

Public and private peers based on sector, stage, and business model.

Channel Medsystems, Inc. comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Channel Medsystems, Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquitySep 9, 2021
Series C ExtensionAug 23, 2017
Series CAug 31, 2015
DebtOct 15, 2014
Series BMay 7, 2013

Key People

Founding team and executive leadership

Nelson Whistance

President and CEO

Executive Team

Ric Cote

President And CEO, Board Of Directors

Executive Team

Channel Medsystems, Inc. Investors

Notable investors and investment history

Channel Medsystems, Inc. investors
InvestorRounds
Scientific Health Development IISeries B
Scientific Health DevelopmentSeries C, Series C Extension
InnovaHealth PartnersGrowth Equity
InCube VenturesSeries C, Series C Extension, Series B
GPG VenturesGrowth Equity
Boston Scientific CorporationSeries B
Third Point VenturesSeries C Extension, Series C

Market signals

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  • Nov 20, 2025

    Robert Brown appointed as new CFO.

  • Oct 16, 2025

    Paul Russo appointed as the new Vice President of Sales.

Channel Medsystems, Inc. Filings

SEC and related filings with document metadata.

Data table
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Channel Medsystems, Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBerkeley, California
Employee Range42
Year Founded2009
Last FundingSep 9, 2021

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