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PROCEPT BioRobotics

Biotech & Life Sciences · Redwood City, United States · Founded 2009 · IPO 2021

Surgical robotics company enabling better patient care by developing transformative solutions in urology MoreLess

PROCEPT BioRobotics is a pioneering medical technology company specializing in the development of advanced robotic solutions for the treatment of benign prostatic hyperplasia (BPH). BPH is a common condition in older men that causes enlargement of the prostate gland, leading to uncomfortable urinary symptoms. The company's flagship product, the AquaBeam Robotic System, performs Aquablation therapy, which is a minimally invasive surgical procedure that uses a combination of real-time imaging, robotics, and waterjet technology to remove prostate tissue with high precision.

PROCEPT BioRobotics primarily serves urologists and healthcare institutions that treat patients suffering from BPH. The company operates in the medical device market, focusing on innovative surgical solutions that improve patient outcomes and streamline surgical procedures.

The business model of PROCEPT BioRobotics revolves around the sale and distribution of the AquaBeam Robotic System and associated consumables. The company generates revenue through the initial sale of the robotic system to hospitals and clinics, as well as recurring revenue from the sale of disposable components required for each procedure. Additionally, PROCEPT offers training and support services to ensure that healthcare providers can effectively utilize their technology.

PROCEPT BioRobotics has established itself as a leader in the field by providing a solution that offers predictable and reproducible outcomes, reducing the risk of complications and improving the quality of life for patients. The company's technology has been recognized and included in clinical practice guidelines, further solidifying its position in the market.

Keywords: Aquablation, AquaBeam, BPH treatment, robotic surgery, medical technology, urology, prostate health, minimally invasive, healthcare innovation, surgical precision.

Valuation $892M
Revenue $397M
Total funding $100–500M

Talent graph

PROCEPT BioRobotics's talent

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Employees mapped 900 incl. 5 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 6 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.

Investors

10 investors on PROCEPT BioRobotics's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Series B+ 10 investors entered at this stage
Novo Seeds
Novo Holdings
Viking Global Investors
Perceptive Advisors
Armentum Partners
Fidelity Investments
T. Rowe Price
CPMG
Duquesne Family Office
CIBC Innovation Banking

Global footprint

Where PROCEPT BioRobotics has talent and traffic

Workforce by country
9 countries with
team presence
🇺🇸 United States94.6%
🇬🇧 United Kingdom3.8%
🇯🇵 Japan0.7%
🇨🇦 Canada0.1%
🇩🇪 Germany0.1%
Top 5 of 9 shown
Web traffic by country
11K monthly visits
across markets
🇺🇸 United States82.7%
🇨🇦 Canada8.2%
🇦🇺 Australia2.7%
🇬🇧 United Kingdom1.8%
🇮🇳 India0.9%
Top 5 markets shown

Patent intelligence

$54M patent portfolio · 33 active families

Estimated portfolio value
$54M
6.1% of market cap · 17.7× smaller than top peer Globus Medical ($966M)
33 active patent families
Where PROCEPT BioRobotics innovates Biomedical engineeringComputer visionDisplay deviceMedical physicsPhysical therapy

Where PROCEPT BioRobotics concentrates vs peers

Each axis is a top-10 topic across PROCEPT BioRobotics and its closest peers. #1 = 100, #10 = 10, absent = 0.

Compare against

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Market sentiment

What the market is saying about PROCEPT BioRobotics

An AI-synthesized read of the highest-engagement posts about PROCEPT BioRobotics on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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