Theator: Raises Additional $24M in Series A Funding

Theator Raises Additional $24M in Series A Funding

  • Theator, a Palo Alto, CA-based provider of a Surgical Intelligence platform, raised $24M in additional Series A funding
  • The round was led by Insight Partners with participation from Blumberg Capital, Mayo Clinic, NFX, StageOne Ventures, iAngels, Neil Hunt, iCON and Ariel Cohe
  • In addition, new growth investors including iCON and TripActions’ CEO and Co-founder Ariel Cohen joined the round
  • This extension follows an initial $15.5M Series A round announced in February 2021, bringing the round total to $39.5M
  • The company intends to use the funds to continue its commercial expansion and accelerate the rollout of its Surgical Intelligence Platform in operating rooms and healthcare systems across North America
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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