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Varian Medical Systems

3100 Hansen Way, Palo Alto, CA, 94304, United States

Overview

Leading manufacturer of medical devices and software for cancer treatment.

Founded

1948

Deals ยท 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series B
Series C

Geographic focus

Canada
United States

Sector focus

Health Care
Manufacturing
Medical Device
Software

Investment portfolio

11rounds
NAMEDATESIZE
HistoSonics
Jun 2020Participated
$40 MSeries C
Arterys
May 2020Participated
$28 MSeries C
Zap Surgical Systems
Jan 2020Participated
$81 MOther Equity
Oncora Medical
Oct 2019Led
$3 MOther Equity
HistoSonics
Apr 2019Led
$54 MSeries C
ABK Biomedical
Apr 2019Led
$30 MSeries B
Fusion Pharmaceuticals
Apr 2019Led
$105 MSeries B
Fusion
Apr 2019Led
$105 MSeries B
Berkeley Lights
Oct 2018Participated
$95 MOther Equity
Arterys
Nov 2017Participated
$30 MSeries B
Fusion Pharmaceuticals
Sep 2017Participated
$21 MSeries A
HistoSonics
Jun 2020Participated
$40 MSeries C
Arterys
May 2020Participated
$28 MSeries C
Zap Surgical Systems
Jan 2020Participated
$81 MOther Equity
Oncora Medical
Oct 2019Led
$3 MOther Equity
HistoSonics
Apr 2019Led
$54 MSeries C
ABK Biomedical
Apr 2019Led
$30 MSeries B
Fusion Pharmaceuticals
Apr 2019Led
$105 MSeries B
Fusion
Apr 2019Led
$105 MSeries B
Berkeley Lights
Oct 2018Participated
$95 MOther Equity
Arterys
Nov 2017Participated
$30 MSeries B
Fusion Pharmaceuticals
Sep 2017Participated
$21 MSeries A
11
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Insights

Time horizon

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Deal Distribution

Varian Medical Systems: 11 funding rounds are recorded in the selected participation categories.All available history.
Varian Medical Systems: 11 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A01
Series B31
Series C+12
Other Equity12

Monthly Deal Activity

Varian Medical Systems: 11 deals are recorded across 110 months.All available history.
Varian Medical Systems: 11 deals are recorded across 110 months. All available history
MonthDeals
Sep '171
Oct '170
Nov '171
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '181
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '194
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '191
Nov '190
Dec '190
Jan '201
Feb '200
Mar '200
Apr '200
May '201
Jun '201
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Varian Medical Systems: Health & Life Sciences is the largest displayed sector by deal count (11 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Varian Medical Systems: Health & Life Sciences is the largest displayed sector by deal count (11 deals). All available history
SectorDeals
Health & Life Sciences11
Enterprise Software3
Marketing & Advertising1
Manufacturing1
Media & Entertainment1
AI & Machine Learning1

Deal Size Distribution

Varian Medical Systems: 11 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Varian Medical Systems: 11 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M0
$10M-$25M1
$25M-$50M4
$50M-$100M3
$100M-$250M2
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Varian Medical Systems: United States has the largest recorded deal count among the displayed regions (8 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Varian Medical Systems: United States has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
United States8
Canada3
Varian Medical Systems: 20 co-investors are shown, with Johnson & Johnson Innovation sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Varian Medical Systems: 20 co-investors are shown, with Johnson & Johnson Innovation sharing 5 recorded deals. All available history
Co-investorShared deals
Johnson & Johnson Innovation5
Adams Street Partners3
FACIT3
Genesys Capital3
HealthCap3
Seroba Life Sciences3
TPG Biotech3
Emergent Medical Partners2
Fosun2
Lumira Ventures2
OrbiMed2
Perceptive Advisors2
Pivotal bioVenture Partners2
Rock Springs Capital2
ShangBay Capital2
State of Wisconsin Investment Board2
Venture Investors2
AJS BioTree Healthcare Fund1
Atinum Investment1
Benslie International Fund1

Investment Strategy

Varian Medical Systems: Led accounts for 45% and participating for 55% of round participation.All available history.
Varian Medical Systems: Led accounts for 45% and participating for 55% of round participation. All available history
CategoryDeals (count)Share (%)
Led545%
Participating655%
Varian Medical Systems: Single-lead accounts for 40% and co-led for 60% of lead dynamics.All available history.
Varian Medical Systems: Single-lead accounts for 40% and co-led for 60% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead240%
Co-led360%

Team

Ben Moga

Director, Strategic Alliances

Corinne Tso

Commercial Strategy Lead

Darin Bartik

Director, Marketing & Strategy, Medical Oncology Software

Dow Wilson

President and Chief Executive Officer

Edward Ginzton

Co-Founder

Maria Shaw

VP and Chief Information Security Officer

Michael Hutchinson

Senior Vice President, Chief Legal Officer

Spencer Sias

Vice President, Corporate Communications and Investor Relations

William Webster Hansen

Co-Founder