Company Overview
Snapshot
Founded in November 2018 by Benny Greenburg and Ron Barak, Magnisity operates with 11–50 employees. The company has raised $11.25 million across three funding rounds from Peregrine Ventures. In June 2026, Magnisity secured $5 million in its latest funding round.
Business overview
Magnisity is developing a surgical guidance platform designed to enhance minimally invasive medical procedures. The company focuses on inventing algorithms, designing hardware, developing software, and crafting precise mechanics to empower surgeons and establish new standards for endoluminal interventions. Magnisity operates within the Health Tech & Life Sciences sector, specifically targeting the Medical Devices and Assistive Devices markets, and serves healthcare providers with its B2B business model.
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- When was Magnisity founded and by whom?
- Magnisity was founded in November 2018 by co-founders Benny Greenburg and Ron Barak.
- What is Magnisity's primary focus in the medical field?
- Magnisity is developing a cutting-edge surgical guidance platform to address challenges in minimally invasive medicine, aiming to empower surgeons and set future standards for endoluminal interventions.
- What was Magnisity's most recent funding event?
- In June 2026, Magnisity secured $5 million in a funding round, with Peregrine Ventures participating as an investor.
- Which investor has participated in Magnisity's funding rounds?
- Peregrine Ventures has participated in Magnisity's funding rounds, including a lead investment in January 2024 and another investment in June 2026.
- What is the total capital raised by Magnisity?
- Magnisity has raised a total of $11.25 million across three funding rounds.