Xenter

Xenter

Wireless medical devices with data intelligence

Overview

Xenter builds a wireless TechMed ecosystem by combining smart, sensor-enabled medical devices such as guidewires and catheters with a data platform. These devices gather real-time physiological data inside the body and send it over the XenFI network to the HIPAA-compliant XMD cloud for analysis. AI and machine learning turn this data into insights for physicians, enable new drug research, and support patient data ownership. The company aims to automate clinical workflows, reduce procedural complexity, and lower healthcare costs by replacing conventional instruments with data-producing tools in interventional cardiology, radiology, and neurointerventional procedures.

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 & Analytics

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$73.1M

Headquarters

Salt Lake City, Utah

Founded

2020

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Simplify's Take

What believers are saying

  • Xenter raised $58.25 million on June 30, 2026, extending runway for commercialization.
  • The company is hiring in RA/QA, sales, and GRC as expansion work accelerates.
  • July 2026 patent coverage on CMUT devices broadens Xenter's imaging and sensing platform.

What critics are saying

  • Guru guidewire remains investigational; Xenter still lacks FDA clearance for U.S. sales.
  • Commercialization depends on converting XenFi and XMD from prototypes into reimbursable hospital workflows.
  • If TAVR data disappoints in 2026, Xenter loses its only credible wedge and funding story.

What makes Xenter unique

  • Richard J. Linder founded Xenter in 2020 with 100-plus medical-device patents.
  • Xenter combines guidewires, XenFi wireless networking, and XMD healthcare cloud into one stack.
  • Its July 2026 Series B funds a first commercial diagnostics launch and TAVR testing.

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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
Linktree
$58.3M
Xenter
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-6%

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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