Insights

Market traction Promaxo has a growing ARR in the multi‑million range with FDA cleared office‑based MRI, signaling a scalable, touchless imaging solution for outpatient clinics and urology centers seeking faster diagnostics and reduced patient throughput costs.

Strategic financing Recent equity investments from Zynext Ventures and Zydus Lifesciences indicate investor confidence and potential for accelerated product development, channel expansion, and co‑development opportunities in low‑field MRI and AI imaging.

Clinical leadership Key medical leadership in urology and imaging (CMO of Urology and strategic advisors) opens doors for partnership with academic medical centers and specialized clinics targeting prostate interventions and AI‑assisted imaging workflows.

Expansion potential In‑office single‑sided MRI systems paired with AI imaging present a compelling value prop for outpatient practices and regional hospitals aiming to boost diagnostic speed, workflow efficiency, and on‑site interventions.

Growth opportunities With a mid‑sized team and a funding runway, Promaxo can pursue collaborations with large imaging distributors, integrate with existing PACS workflows, and target mid‑size hospital systems that are underserved by traditional MRI access.

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Promaxo Tech Stack

Promaxo uses 8 technology products and services including Google Ads, Salesforce, MongoDB, and more. Explore Promaxo's tech stack below.

Media & News

Promaxo's Email Address Formats

Promaxo uses at least 2 email formats:
Promaxo Email FormatsExamplePercentage
FLast@promaxo.comJDoe@promaxo.com
89%
First@promaxo.comJohn@promaxo.com
11%

Frequently Asked Questions

What is Promaxo's official website and social media links?

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Promaxo's official website is promaxo.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Promaxo generate?

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As of August 2026, Promaxo's annual revenue is estimated to be $10M - $25M.

What is Promaxo's NAICS code?

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Promaxo's NAICS code is 3391 - Medical Equipment and Supplies Manufacturing.

How many employees does Promaxo have currently?

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As of August 2026, Promaxo has approximately 56 employees across 4 continents, including North America, Asia and Africa. Key team members include Chief Technology Officer: A. N., Chief Operations Officer: D. K. and Vice President - Robotics: P. B. Explore Promaxo's employee directory with LeadIQ.

What industry does Promaxo belong to?

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Promaxo operates in the Medical Equipment Manufacturing industry.

What technology does Promaxo use?

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Promaxo's tech stack includes Google Ads, Salesforce, MongoDB, NetSuite, Atlassian Jira, Ahrefs, Adobe Creative Suite and DigitalOcean Web Hosting.

What is Promaxo's email format?

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Promaxo's email format typically follows the pattern of FLast@promaxo.com. Find more Promaxo email formats with LeadIQ.

How much funding has Promaxo raised to date?

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As of August 2026, Promaxo has raised $129M in funding. The last funding round occurred on Mar 30, 2026 for $42M.

When was Promaxo founded?

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Promaxo was founded in 2016.
Promaxo logo

Promaxo

Medical Equipment ManufacturingCalifornia, United States51-200 Employees

Promaxo is a medical equipment manufacturer based in Oakland, California, developing compact, adaptable magnetic resonance imaging systems intended for use in clinical settings. In March 2021, it obtained FDA 510(k) clearance for its office-based MRI platform, enabling clinicians to guide prostate procedures using a single-sided MRI scanner. The company operates in the areas of medical imaging, robotics, and AI technology, with products designed for in-office deployment. Promaxo employs between 51 and 200 people and has reported revenue in the range of $10 million to $25 million along with total funding of about $42 million. Additionally, the company has expanded its leadership and commercial teams, appointing Dr. Prithipal S. Sethi as Chief Medical Officer of Urology in December 2022, and adding Chad Zaring as Chief Commercial Officer and Matt Collins as Vice President of Marketing in August 2023.

Section iconCompany Overview

NAICS Code
3391 - Medical Equipment and Supplies Manufacturing
Founded
2016
Employees
51-200

Section iconFunding & Financials

  • $129M

    Promaxo has raised a total of $129M of funding over 12 rounds. Their latest funding round was raised on Mar 30, 2026 in the amount of $42M as a Venture Round.

  • $10M - $25M

    Promaxo's revenue is estimated to be in the range of $10M - $25M

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