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Mentice

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The world leader in virtual reality-based interventional medical simulation solutions

Göteborgs Stad, SwedenFounded 1998Health Tech & Medtech
Valuation $53M Market cap · 2026
Revenue $39M Latest reported FY
EBITDA $2.5M Latest reported FY

About Mentice

In 1998, Mentice was founded in Gothenburg, Sweden, marking the beginning of a new era in medical simulation. The company was established by a team of innovators dedicated to improving clinical outcomes through advanced simulation technology. While specific founders' names are not prominently highlighted, the company's mission was clear from the start: to enhance the training of healthcare professionals using cutting-edge simulation solutions.

Mentice quickly became a leader in providing software and hardware simulation solutions for image-guided interventional therapies. Their technology allowed medical professionals to practice and refine their skills in a risk-free environment, ultimately improving patient care and safety.

In 2019, Mentice reached a significant milestone by going public on the Stockholm Stock Exchange's First North Growth Market. This IPO was a pivotal moment, providing the company with the capital needed to expand its offerings and reach a broader audience.

Throughout its journey, Mentice has continued to grow and innovate. In 2022, the company acquired the Ankyras product line from Galgo Medical, further solidifying its position as a comprehensive provider of medical simulation solutions. This acquisition was a strategic move to enhance their product portfolio and offer a more integrated solution to their clients.

Today, Mentice stands as a testament to the power of innovation in healthcare, continually pushing the boundaries of what's possible in medical training and simulation. Their journey reflects a commitment to improving healthcare outcomes through technology, making a lasting impact on the industry.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1998
Headquarters
Göteborgs Stad, Sweden
Listing
IPO 2019
Sector
Health Tech & Medtech
Power Law
Colt$25–100M revenue

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Vinnova

Series B and later2 investors entered at this stage

  • Priveq Investment
  • Gulf Offshore Research
Employees mapped 127 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 18 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
10 countries with
team presence
🇸🇪 Sweden55.2%
🇺🇸 United States30.2%
🇪🇸 Spain4.2%
🇨🇳 China2.1%
🇫🇷 France2.1%
Top 5 of 10 shown
Web traffic by country
8.7K monthly visits
across markets
🇺🇸 United States42.5%
🇸🇪 Sweden33.3%
🇮🇳 India13.8%
🇻🇳 Vietnam4.6%
🇩🇪 Germany3.4%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mentice on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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