United States · 
Who invested in Credence MedSystems?
Credence MedSystems's investors include Novartis and Maverick Ventures.
2018202020222024
$15MSeries A$13MSeries B$13MVenture
United States · Venture startup
Who invested in Credence MedSystems
Funding summaryUpdated 26 Oct 2026
$41Mraised across 3 rounds since 2016, from 3 sources
$15MSeries A$13MSeries B$13MVenture
- Latest round
- Venture, $13MDec 2024
- Biggest round
- $15MSeries A · Sept 2016
- Investors
- 2
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series A, $15M Sept 2016
- Biggest round
- $15M Series A · Sept 2016
- Usual gap between rounds
- 6.3 years the median of 2
The rounds
- Dec 2024
- Aug 2018Series B$13M
No investor was named in the report.
Reported by FinSMEsSEC filing: $13M sold, first sale Mar 2018
- Sept 2016
Founders and team
From Credence MedSystems's own website: 7 on the team.
- Jeff TillackCo-CEO
- John A. MerhigeCo-CEO
- Benjamin HallDirector
- Brian M. WebberDirector
- Jeff ShanleyDirector
- Norman S. GordonDirector
- Rob SckalorDirector
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Maverick VenturesVC firm1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about Credence MedSystems
How much has Credence MedSystems raised?
Credence MedSystems has raised $41M across 3 rounds since 2016.
When did Credence MedSystems last raise?
Credence MedSystems's most recent round was a Venture of $13M in Dec 2024.
What was Credence MedSystems's biggest round?
Credence MedSystems's largest round on record is $15M (Series A), in Sept 2016.
Who backed Credence MedSystems first?
Credence MedSystems's first round on record, in Dec 2024, was backed by Novartis and Maverick Ventures.
What stage is Credence MedSystems at?
Credence MedSystems's latest named round is a Venture, in Dec 2024.
Where is Credence MedSystems based?
Credence MedSystems is based in the United States.
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