Varex - About the company
Varex is a public company based in Salt Lake City (United States), founded in 2017. It operates as a Developer of imaging equipment and accessories. Varex has raised an undisclosed amount in funding. The company has 162 active competitors, including 21 funded and 32 that have exited. Its top competitors include companies like Landis+Gyr, Olympus and Tantalus.
Company Details
Developer of imaging equipment and accessories. It offers devices under categories such as replacement X-ray tubes, OEM X-ray tubes, flat panel detectors, software solutions, high voltage connections, collimators, bucky systems, and AEC sensors. It offers systems for security and industrial segments as well.
- Website
- Social
- Phone Number
- +1
- Registered Address
- Pod Habrovou 445 15200 Praha
Key Metrics
Founded Year
2017
Location
Salt Lake City, United States
Stage
Public
Latest Funding Round
Ranked
11th among
Annual Revenue
as on Sep 30, 2024
Employee Count
as on Sep 30, 2023
Investment & Acquisitions
Similar Companies
Olympus &
Exit Details
Public
Legal entities associated with Varex
Varex is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIN: 24125920 Czech Republic, Active | Jun 13, 2011 | - | - | - |
CIN: 1681622 United States, Deadpooled | Jul 17, 2016 | $582M (as on Sep 30, 2024) | 2400 (as on Sep 30, 2023) | - |
May 07, 2018 | - | - | ||
CIN: 81-3434516 United States, Deadpooled | Dec 31, 2016 | - | 2300 (as on Sep 30, 2022) | - |
Varex's funding and investors
Varex has raised funding over 1 round.
Varex has 2 institutional investors including and .
Here is the list of recent funding rounds of Varex:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jun 05, 2020 | $175M | Post IPO | 9966474 | 8219258 | - |
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Varex's founders and board of directors
Varex's employee count trend
Varex has 2,400 employees as of Sep 23. The total employee count is 4.0% more than what it was in Sep 22. Here is Varex's employee count trend over the years:
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Varex's Competitors and alternates
Top competitors of Varex include Landis+Gyr, Olympus and Tantalus. Here is the list of Top 10 competitors of Varex, ranked by 秘密研究所 score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st | Landis+Gyr 1896, Zug (Switzerland), Public | Provider of end-to-end energy management solutions | $1.03B | 72/100 | |
2nd | Manufacturer of imaging and surgical products | - | 66/100 | ||
3rd | Tantalus 1989, Raleigh (United States), Public | Communication technology provider for smart grids | $58.7M | Pender Growth Fund, Redpoint Ventures听&补尘辫;听 | 64/100 |
4th | Provider of software and hardware solutions for life science and healthcare industry | $27.3M | 62/100 | ||
5th | Siemens Healthineers 1847, Erlangen (Germany), Public | Developer of AI-based medical diagnostic products for the healthcare sector | - | HHS, 听&补尘辫;听 | 61/100 |
6th | Provider of AI-powered energy grid modernization solutions | $4.43M | , Enzen听&补尘辫;听 | 58/100 | |
7th | Samsung Medison 1985, Seoul (South Korea), Acquired | Portfolio of equipment for Radiology | - | - | 55/100 |
8th |  United Imaging Healthcare 2011, Shanghai (China), Series B | Provider of portfolio of imaging devices for diagnostic and treatment purposes | $504M | CICC, China Life Insurance听&补尘辫;听 | 55/100 |
9th | Lantheus 2008, Billerica (United States), Public | Developer of diagnostic imaging agents and targeted therapeutics | - | 55/100 | |
10th | Carestream 2007, New York City (United States), Acquired | Developer of diagnostic imaging and healthcare information technology systems for hospital use | - | Onex听&补尘辫;听 | 54/100 |
11th | 2017, Salt Lake City (United States), Public | Developer of imaging equipment and accessories | - | 54/100 |
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Varex's Investments and acquisitions
Varex has acquired Direct Conversion. Varex has not made any investments as of now.
Reports related to Varex
Here is the latest report on Varex's sector:
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News related to Varex
Media has covered Varex for a total of 20 events in the last 1 year, 11 of them have been about company updates.
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Seeking Alpha鈥�Feb 06, 2025鈥�Varex
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Business Wire鈥�Feb 03, 2025鈥�Varex
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The Joplin Globe鈥�Dec 23, 2024鈥�Varex
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Seeking Alpha鈥�Dec 16, 2024鈥�Varex
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Business Wire鈥�Dec 16, 2024鈥�Varex
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FAQ's about Varex
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