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Channel Medsystems, Inc.

Channel Medsystems, Inc.

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

Last Round

Series C

Aug 20, 2026

Total Funding Raised

$77.8M

Momentum

Top 5%

of companies Caplight tracks

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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Caplight Momentum Score

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Channel Medsystems, Inc. Comparables

Compare Channel Medsystems, Inc. with similar companies based on industry and business-model similarity.

Channel Medsystems, Inc. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Minerva Surgical
85%
MedGyn Products
82%
LiNA Medical
81%

Channel Medsystems, Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CAug 20, 2026
Growth EquitySep 9, 2021
Series C ExtensionAug 23, 2017
Series CAug 31, 2015
DebtOct 15, 2014
Series B
May 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 PartnersSeries C, Growth 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

Structured signals derived from secondary market and firmographic data.

  • Aug 20, 2026

    $30M round led by InnovaHealth Partners

  • Nov 20, 2025

    Robert Brown appointed as new CFO.

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 Range40
Year Founded2009
Last FundingAug 20, 2026

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