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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.

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