TransMedics - About the company
TransMedics is a public company based in Andover (United States), founded in 1998. It operates as a Developer of organ transplantation technology. TransMedics has raised $266M in funding from investors like Kleiner Perkins, Foundation Capital and Hercules Capital. The company has 21 active competitors, including 8 funded and 5 that have exited. Its top competitors include companies like OrganOx, Paragonix Technologies and Bridge to Life.
Company Details
Developer of organ transplantation technology. The company has developed the Organ Care System (OCS), an organ transplant technology that maintains organs in a living functioning state outside the body to provide. The system consists of a portable platform with a wireless monitor, a perfusion module specific to the organ, and a solution set. They have made OCS for the heart, lungs, and liver. Commercially available in Europe and Australia.
- Website
- Social
Key Metrics
Founded Year
1998
Location
Andover, United States
Stage
Public
Total Funding
in 16 rounds
Latest Funding Round
Investors
Ranked
1st among 21 active competitors
Annual Revenue
as on Dec 31, 2022
Employee Count
as on Dec 31, 2023
Similar Companies
OrganOx &
Exit Details
Public by NASDAQ (May 02, 2019)
Legal entities associated with TransMedics
TransMedics is associated with 4 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Aug 19, 1998 | - | 208 | 365 | |
Sep 12, 2018 | - | 202 | 795 | |
$93.5M (as on Dec 31, 2022) | 518 | 856 | ||
Dec 26, 999 | - | 849 | 864 |
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TransMedics's IPO details
TransMedics got listed on National Association of Securities Dealers Automated Quotations (NASDAQ) on May 02, 2019. Its market capitalization at IPO was $91M.
Click to take a look at TransMedics's IPO in detail
TransMedics's funding and investors
TransMedics has raised a total funding of $266M over 16 rounds. Its first funding round was on Sep 2000. Its latest funding round was a Conventional Debt round on Sep 15, 2022 for $60M. 1 investor participated in its latest round, which include Hercules Capital, , Alta Partners and Orbimed.
TransMedics has 21 institutional investors including Kleiner Perkins, Foundation Capital and Hercules Capital.
Here is the list of recent funding rounds of TransMedics:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Sep 15, 2022 | $60M | Conventional Debt | 5925211 | 5676715 | |
Jul 11, 2016 | $63.7M | Series F | 9877957 | 5942700 | |
Sep 21, 2015 | $500K | Series F | 2582805 | 9202175 | - |
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TransMedics's founders and board of directors
TransMedics's employee count trend
TransMedics has 584 employees as of Dec 23. The total employee count is 175.5% more than what it was in Dec 22. Here is TransMedics's employee count trend over the years:
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Top competitors of TransMedics include OrganOx, Paragonix Technologies and Bridge to Life. Here is the list of Top 10 competitors of TransMedics, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | 1998, Andover (United States), Public | Developer of organ transplantation technology | $266M | Hercules Capital, Ìý&²¹³¾±è;Ìý | 76/100 |
2nd | OrganOx 2008, Oxford (United Kingdom), Series D | Storage and transport system for harvested organs | $45.4M | 67/100 | |
3rd | Paragonix Technologies 2010, Boston (United States), Acquired | Organ preservation and transport systems | $25.1M | 57/100 | |
4th |  Bridge to Life 2012, Columbia (United States), Series A | Provider of cold storage solutions for the preservation of organ transplants | $57M | 55/100 | |
5th | Vascular Perfusion 2016, San Antonio (United States), Seed | Developer of a device for organ preservation | $4.65M | - | 49/100 |
6th | Provider of multi-organ support systems | $23.8M | Credit Mutuel Equity, KfWÌý&²¹³¾±è;Ìý | 45/100 | |
7th | Northernmost 2022, Edmonton (Canada), Seed | Developer of medical device for organ preservation technology | $1.9M | , Threshold ImpactÌý&²¹³¾±è;Ìý | 38/100 |
8th | Lifeline Scientific 2005, Glenview (United States), Acquired | Devices for hypothermic preservation of donated organs | - | 38/100 | |
9th | Transplant Biomedicals 2014, Barcelona (Spain), Series A | Organ transport devices | $4.24M | 37/100 | |
10th | Developer of optimized solutions for organ, tissue, and cell preservation in connection with transplantation | - | 36/100 |
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TransMedics's Investments and acquisitions
TransMedics has made no investments or acquisitions yet.
Reports related to TransMedics
Here is the latest report on TransMedics's sector:
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News related to TransMedics
Media has covered TransMedics for a total of 143 events in the last 1 year, 20 of them have been about company updates and 1 about people movement.
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Benzinga•Apr 11, 2025•, TransMedics
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Benzinga•Apr 11, 2025•, TransMedics
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Benzinga•Apr 07, 2025•TransMedics,
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PR Newswire•Apr 07, 2025•TransMedics,
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Benzinga•Apr 07, 2025•TransMedics,
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Benzinga•Apr 06, 2025•TransMedics,
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Benzinga•Apr 03, 2025•TransMedics,
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Benzinga•Apr 03, 2025•TransMedics,
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PR Newswire•Apr 02, 2025•TransMedics, ,
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about TransMedics
When was TransMedics founded?
TransMedics was founded in 1998.Where is TransMedics located?
TransMedics is located in Andover, United States.Is TransMedics a public company?
TransMedics is a public company, it went public on May 02, 2019.When was the latest funding round of TransMedics?
TransMedics's latest funding round was on Sep 15, 2022.What is the annual revenue of TransMedics?
Annual revenue of TransMedics is $93.5M as on Dec 31, 2022.Our Lite Plan Awaits you - Its Free!
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