Cordance Medical
PrivateLast Round
Seed
Nov 24, 2025
Total Funding Raised
$20.85M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Cordance Medical is a medical device company developing a non-invasive ultrasound system, the NeuroAccess™ platform, to reversibly open the blood-brain barrier, enabling precision medicine for brain diseases.
Sector
Healthcare & Life Sciences
Verticals
Medical Devices, Precision Medicine, Clinical Trials, Biotechnology
Business Model
B2B
Customer Profile
Hardware Sales, Hardware + Subscription, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Cordance Medical Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Cordance Medical Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Nov 24, 2025 | ||||
| Grant | Sep 19, 2024 | ||||
| Series A | Feb 8, 2023 | ||||
| Seed | Aug 1, 2022 | ||||
| Grant | Jul 16, 2021 | ||||
Grant | May 15, 2020 |
Cordance Medical Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| National Cancer Institute | Grant |
| NIH RADx | Grant |
| The Sontag Foundation | Seed |
| SmartGateVC | Seed |
| Airstream Venture Partners | Seed |
| R42 Group | Seed |
| Angel Physicians Fund | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 24, 2025
$8M raised in Seed round.
- Sep 19, 2024
$399K grant from National Cancer Institute and NIH RADx.
Cordance Medical Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Cordance Medical's valuation, stock price, and market status.