Ketryx raises a $39M Series B

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Ketryx raised a $39M Series B, MedTech Dive reported on 5 September 2025.1 Transformation Capital led the round, and its partner Vinay Shah joined Ketryx’s board. Lightspeed Venture Partners, MIT’s E14 Fund, Ubiquity Ventures and 53 Stations also took part, as did former Medtronic CEO Bill Hawkins.1 Ketryx said it had raised more than $55 million to date.1

The Form D filed with the SEC the same day shows $36.1M of $37.5M sold, with the first sale on 18 July 2025.2 The previous round was a $14M Series A led by Lightspeed, announced in December 2023.3

What it means for buyers

Our Ketryx review notes that the terms have no clause for returning your data or putting it in escrow if Ketryx is sold or closes, and that paid plans still have no published prices.

  1. MedTech Dive: AI firm Ketryx raises $39M, adds former Medtronic CEO as investor. Trade press, published 5 Sep 2025, checked 1 Oct 2026. ↩︎ ↩︎ ↩︎

  2. SEC: Ketryx Corp Form D, filed 5 Sep 2025. US public filing, checked 1 Oct 2026. ↩︎

  3. Ketryx: Medtech AI developer Ketryx raises $14M in Series A round led by Lightspeed. Vendor reprint of a Medical Design and Outsourcing article, published 5 Dec 2023, checked 1 Oct 2026. ↩︎