PROCEPT BioRobotics

Redwood City, CA Healthcare Public

PROCEPT BioRobotics is a commercial-stage surgical robotics company focused on advancing patient care by developing transformative solutions in urology. The company develops, manufactures, and sells the AquaBeam Robotic System and the next-generation HYDROS Robotic System, AI-powered, image-guided surgical robotic platforms used to deliver Aquablation therapy for the minimally invasive treatment of benign prostatic hyperplasia (BPH).

Public Company

PROCEPT BioRobotics is publicly traded

IPO'd on September 15, 2021

PRCT Nasdaq

This company is no longer available on our private secondary market. Shares can be traded publicly under PRCT.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2009

Employees

501–1,000

Total Funding

$329.65M

6 rounds

Funding

Total raised $329.65M across 6 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series G

Date

June 2021

Amount

$85M

Valuation

Lead Investors

Fidelity
DateRoundAmount RaisedValuationLead Investors
June 2021 Series G $85M Fidelity
August 2020 Series F $77M Not disclosed
February 2018 Series E $118M Viking Global Investors

Leadership

  • Larry L. Wood

    President and Chief Executive Officer

  • Kevin Waters

    Executive Vice President, Chief Financial Officer

  • Sham Shiblaq

    Executive Vice President, Chief Commercial Officer

  • Alaleh Nouri

    Executive Vice President, Chief Legal Officer, Corporate Secretary and Chief Compliance Officer

  • Stacey Porter

    Chief People Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Teleflex

    Medical device company that markets the UroLift System, a minimally invasive prostatic urethral lift implant for BPH.

  • Boston Scientific

    Medical device company that markets the Rezum water vapor therapy system for BPH, acquired through its 2018 purchase of NxThera.

  • Olympus

    Medical technology company offering endoscopic and laser-based devices used in BPH treatment, including HoLEP and ThuLEP procedures.

PROCEPT BioRobotics Investment FAQ

PROCEPT BioRobotics FAQ

Yes, PROCEPT BioRobotics is publicly traded under the ticker symbol PRCT on the Nasdaq. The company went public in September 15, 2021.

PROCEPT BioRobotics trades under the ticker symbol PRCT on the Nasdaq. It began trading in September 15, 2021.

PROCEPT BioRobotics (PRCT on the Nasdaq) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker PRCT to place an order.

PROCEPT BioRobotics went public in September 15, 2021 via ipo. PROCEPT BioRobotics priced its upsized IPO on September 14, 2021 at $25.00 per share, with 6,556,000 shares offered for total gross proceeds of $163.9 million. Common stock began trading on the Nasdaq Global Market on September 15, 2021 under the ticker PRCT.

PROCEPT BioRobotics raised $329.65M across 6 disclosed funding rounds prior to its public listing.

PROCEPT BioRobotics is headquartered in Redwood City, CA.

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