Magnolia Medical Technologies

📍 Seattle, United States🗓 Founded 2006👥 107 employees💰 Last funded Nov 2022
Magnolia Medical Technologies is on a Mission to ZERO®. Today, we offer healthcare institutions a solution to some of their biggest hidden problems – contamination leading to misdiagnosis of bloodstream infections, including sepsis, which can lead to unnecessary and prolonged antibiotic therapy, and false-positive CLABSIs. Tomorrow, we aspire to create a world free of in-vitro diagnostic errors where rapid, accurate test results improve the lives of patients and providers alike. We know that setting new standards of care is a journey enabled by purposeful innovation, partnerships, and perseverance. As the first step of our journey, we have successfully developed and proven our evidence-based technology platform, Steripath, which we’ve coupled with unparalleled support to change clinical practices and prevent unnecessary patient harm as well as system-wide costs associated with the misdiagnosis of sepsis. Our mission is further enabled by reducing false-positive CLABSIs and leveraging our extensive intellectual property portfolio – consisting of over 100 issued method, apparatus, and design patents and 70+ patent applications pending – to address other important sources of diagnostic error that are harmful to patients and costly to hospitals.
5
Total investors
0
Early stage
0
Mid stage
2
Late stage
2006
Founded
Investor geography2 countries
United States
4
Canada
1
Investor activity2013–2022 · investors recorded per year
2013120161201712021120221
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Magnolia Medical Technologies?
Magnolia Medical Technologies has 5 investors on record on gritt.io and 2 late-stage investors.
When did Magnolia Medical Technologies last raise funding?
The most recent investment in Magnolia Medical Technologies recorded on gritt.io was in November 2022.
When was Magnolia Medical Technologies founded?
Magnolia Medical Technologies was founded in 2006.
What industry is Magnolia Medical Technologies in?
Magnolia Medical Technologies operates in Medical Equipment Manufacturing. Find similar Medical Equipment Manufacturing investors on gritt.io.
Where is Magnolia Medical Technologies based?
Magnolia Medical Technologies is headquartered in Seattle, United States.