Zynex Medical Growth, Revenue, Number of Employees and Funding

Overview

Location:
Lone Tree, CO USA
Total Funding:$1.6M
Industry:Medical Equip
Founded:1996
Lead Investor(s):Silicon Valley Bank
Press

Estimated Revenue & Financials

  • Zynex Medical's estimated revenue is currently $36.9M per year.
  • Zynex Medical received $3.0M in venture funding in September 2008.
  • Zynex Medical's estimated revenue per employee is $165471
  • Zynex Medical's total funding is $1.6M.

Employee Data

  • Zynex Medical has 223 Employees.
  • Zynex Medical grew their employee count by 30% last year.
  • Zynex Medical currently has 32 job openings.

What Is Zynex Medical?

Zynex, Inc. founded in 1996, engineers, manufactures and markets neuro-diagnostics, stroke rehabilitation, pain management and cardiac monitoring devices within three subsidiaries. Zynex Medical is a provider of electrotherapy products for home use. Zynex Monitoring Solutions develops products for cardiac monitoring for use in hospitals. Zynex NeuroDiagnostics develops devices for EMG and EEG diagnostic applications within neurology disciplines. Zynex Medical's product line is fully developed, FDA/CE cleared, commercially sold, and has been developed to uphold the Company's mission of improving the quality of life for patients suffering from impaired mobility due to stroke, spinal cord injury, or debilitating and chronic pain. Zynex Monitoring Solutions and Zynex NeuroDiagnostics are currently both in the development stages without any significant revenues.

keywords:Biotechnology,Cleantech,Hardware,Hardware Peripherals,Healthcare,Medical Devices,Medical Diagnostics,Pharmaceuticals,Wind Power

223

Number of Employees

$36.9M

Revenue (est)

32

Current Jobs

30%

Employee Growth %

$1.6M

Total Funding

N/A

Valuation

N/A

Accelerator

B2C

Type

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Zynex Medical News

12-Sep-19 - Acadian Asset Management LLC Purchases 60,960 Shares of Zynex Inc. (OTCMKTS:ZYXI)

Acadian Asset Management LLC increased its stake in Zynex Inc. ... Zynex, Inc, a medical technology company, designs, manufactures, and ...

31-Aug-19 - Global Non-Opioid Pain Relief Device Market, 2018-2029 ...

... promote the early adoption of non-opioid pain relief medical devices ... Incorporated, Bayer AG, Bioelectronics Corporation, Zynex Medical, ...

17-Aug-19 - Zynex Inc (ZYXI) President, CEO and Chairman Thomas Sandgaard Sold $1.4 million of Shares

President, CEO and Chairman of Zynex Inc (30-Year Financial, Insider ... manufactures and sells U.S. Food and Drug Administration medical ...

Zynex Medical Funding

DateAmountRoundLead InvestorsReference
2005-10-07$0.4MUndisclosedSilicon Valley BankArticle
2006-03-20$0.6MUndisclosedSilicon Valley BankArticle
2008-09-25$3.0MUndisclosedArticle

Zynex Medical Executive Hires

DateNameTitleReference
2005-04-21Peter J. LevetonCFOArticle
2010-08-30Anthony ScaleseCFOArticle
2010-12-01James MillerPres Zynex Neuro DiagnosticArticle
2010-12-30David EmpeyDir Regulatory ComplianceArticle
2011-08-25David EmpeyDir Regulatory ComplianceArticle
2011-09-01Keith WhiteVP Reimbursement/BillingArticle
2014-01-08James CarterVP Sales NeuroDiagnostics DivisionArticle
2014-06-26Steve SiefringDir Business DevelopmentArticle
2016-06-02Rick LuckenbillVP FinanceArticle
2016-06-07David MogillVP OperationsArticle
2017-06-12Dan MoorheadChief Financial OfficerArticle
2019-03-01Christopher BrownVice President of Sales and Marketing.Article

Zynex Medical New Location/Offices

DateLocationReference
2017-10-31Denver, COArticle

Zynex Medical Acquisitions

DateCompany NameAmountNotesReference
2012-03-13NeuroDyne Medical, Corp. at bio@neumed.comArticle