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Paragonix Technologies
Medical device company specialized in organ preservation devices for the improvement of donor organ quality
About Paragonix Technologies
Paragonix Technologies is a pioneering company in the medical device industry, specializing in advanced organ transport systems. The company serves healthcare providers, including hospitals and transplant centers, by offering state-of-the-art solutions for the safe and effective transportation of donor organs. Operating in the global healthcare market, Paragonix Technologies focuses on improving patient outcomes through its flagship products like the Paragonix Cardiac Transport System, Kidney Transport System, and Pancreas Transport System. These devices provide sterile, temperature, and pressure-controlled environments, ensuring the organs remain viable during transit.
The business model of Paragonix Technologies revolves around the sale of these specialized transport systems to healthcare institutions. Revenue is generated through direct sales, as well as through long-term contracts and service agreements with medical facilities. The company also collects and evaluates clinical effectiveness data through its GUARDIAN registry, which helps in continuously improving its products and services.
Source: Dealroom company dataAt a glance
- Founded
- 2010
- Headquarters
- Cambridge, United States
- Sector
- Biotech & Life Sciences
- Power Law
- Colt$25–100M revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
US Department of Health and Human Services
Series A1 investor entered at this stage
Signet Healthcare Partners
Series B and later1 investor entered at this stage
Massachusetts Life Sciences Center
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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