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Xenter

Wireless medical devices with data intelligence

Overview

Xenter develops wireless, sensor-equipped medical devices—such as smart catheters and guidewires—for interventional procedures, collecting real-time physiological data inside patients. The data travels over the XenFI network to the HIPAA-compliant XMD cloud, where AI and machine learning analyze it to provide insights, support drug research, and enable data-driven care. By integrating devices, data, and analytics, Xenter aims to automate clinical workflows, reduce procedural complexity, and lower costs for providers while giving patients more control over their health information. The company differentiates itself by offering an end-to-end TechMed platform combining smart hardware, a wireless data backbone, and a healthcare analytics cloud focused on data ownership and translational insights for both clinical and pharmaceutical use.

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About Xenter

Simplify's Rating
Why Xenter is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningHealthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$73.1M

Headquarters

Draper, UT

Founded

2020

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Simplify's take

What believers are saying

  • The July 15, 2026 Series B raised $58.25 million for expansion.
  • Xenter started planned clinical testing of Guru in TAVR after the financing.
  • The company says XenFi will launch commercially, creating first-mover data advantages.

What critics are saying

  • Guru remains investigational; no broad commercial approval exists as of July 2026.
  • Xenter depends on clinical adoption in TAVR, where entrenched catheter and imaging vendors dominate.
  • If XenFi launch slips, Xenter becomes a cash-burning platform company without revenue traction.

What makes Xenter unique

  • Xenter combines wireless guidewires, clinical cloud software, and AI under one platform.
  • Its July 15, 2026 Series B backs XenFi, XMD, and Guru commercialization.
  • Richard J. Linder’s device-builder background and 100-plus patents strengthen technical credibility.

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Funding

Total Funding

$73M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
$58.3M
$65M
$100M

Growth & Insights and Company News

6 month growth

5%

1 year growth

0%

2 year growth

0%
PR Newswire
Jul 16th, 2026
Xenter raises $58.25M Series B to launch XenFi wireless medical device platform

Xenter, a Utah-based TechMed company, has closed its Series B financing round, raising $58.25 million. The funding, completed on 30 June, will support the commercial launch of XenFi, its wireless healthcare intelligence platform, and continued development of wireless medical devices. The round attracted participation from existing shareholders, family offices, and healthcare investors. Proceeds will fund commercial expansion, technology development, manufacturing, and clinical initiatives. Founded in 2020 by Richard J. Linder, Xenter develops diagnostic evaluation systems and wireless medical devices that capture Physical Intelligence data. The company plans to initiate clinical testing of its Guru dual sensor physiology guidewire for Transcatheter Aortic Valve Replacement procedures. Xenter has appointed Linda Vega, a former Wachovia Bank executive, to its board of directors.

NS Medical Devices
Nov 9th, 2023
Xenter introduces dual sensor investigational guidewire for TAVR procedures

Xenter introduces dual sensor investigational guidewire for TAVR procedures.

Cardiac Vascular News
Nov 8th, 2023
Xenter Unveils Groundbreaking Investigational Dual Sensor Wireless GuideWire for Minimally Invasive TAVR Procedures at TCT 2023

"Xenter is launching the XMD™ cloud that interfaces with hospital EHRs and enables AI driven Clinical Decision Support Tools derived from real-time PI data."

PharmiWeb
Nov 8th, 2023
Xenter Unveils Groundbreaking Investigational Dual Sensor Wireless Guidewire For Minimally Invasive Tavr Procedures At Tct 2023

Revolutionizing Data Collection in Cardiology with Proprietary Wireless EcosystemDRAPER, Utah--(BUSINESS WIRE)--Xenter, Inc. (Xenter.io) announced the recent unveiling of its groundbreaking dual sensor investigational guidewire for TAVR procedures at the Transcatheter Cardiovascular Therapeutics (TCT) 2023 conference in San Francisco, CA. Xenter introduced the first-of-its-kind wireless guidewire designed for use during transcatheter aortic valve replacement (TAVR) procedures that aims to collect an extensive range of crucial real-time data points to serve as an aortic regurgitation measurement (xAR™) and clinical decision support tool, significantly enhancing the prediction of para valvular leak (PVL) during TAVR.The guidewire's functionality is designed to allow for comprehensive data collection and analysis and facilitates data necessary for novel Artificial Intelligence (AI) decision making tools. The goal is to enable better-informed clinical decisions and improve patient outcomes. The guidewire is designed to operate seamlessly within a proprietary wireless ecosystem in the Cardiac Catheterization Lab making real-time data and analysis more accessible than ever.Rich Linder, Chairman/CEO of Xenter, founded Xenter to revolutionize the collection of Physical Intelligence™ (PI) data into actionable insights. “We built Xenter to enable Artificial Intelligence (AI) tools to be utilized with ease and accuracy using new smart/wireless medical devices that transmit real-time PI data

Business Wire
Nov 2nd, 2022
Florida’S Palm Vascular Centers Is The First Healthcare Organization To Install Xenfi, The Recently Announced Wireless Medical Ecosystem From Xenter

Robert E. Beasley, MD, FSIR, FSCAI is partner of Palm Vascular Centers of Miami Beach, Florida and a board-certified vascular and interventional radiologist that focuses on amputation prevention and limb salvage. An expert in carotid artery stenting, Dr. Beasley participated in a clinical trial that paved the way for Medicare to approve the treatment as a reimbursable procedure. He has also developed a robust vascular practice for the treatment of peripheral arterial disease (PAD), critical limb ischemia (CLI), and endovascular repair of aortic aneurysms. During his career, Dr. Beasley has participated in more than 100 clinical trials — many as National Principal Investigator (PI), he is the National PI for the MicroStent STAND Trial, and he is participating in the NIH-sponsored CREST-2 carotid stent trial. The author of numerous publications in peer-reviewed medical journals, his work has been presented at more than 100 regional, national, and international medical meetings. (Photo: Business Wire). Robert E. Beasley, MD, FSIR, FSCAI is partner of Palm Vascular Centers of Miami Beach, Florida and a board-certified vascular and interventional radiologist that focuses on amputation prevention and limb salvage. An expert in carotid artery stenting, Dr. Beasley participated in a clinical trial that paved the way for Medicare to approve the treatment as a reimbursable procedure. He has also developed a robust vascular practice for the treatment of peripheral arterial disease (PAD), critical limb ischemia (CLI), and endovascular repair of aortic aneurysms. During his career, Dr. Beasley has participated in more than 100 clinical trials — many as National Principal Investigator (PI), he is the National PI for the MicroStent STAND Trial, and he is participating in the NIH-sponsored CREST-2 carotid stent trial. The author of numerous publications in peer-reviewed medical journals, his work has been presented at more than 100 regional, national, and international medical meetings. (Photo: Business Wire)

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