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Companies / Promaxo
Medical device company profile

Promaxo

Point-of-care MRI systems for MRI-guided prostate procedures, with AI and robotic capabilities in development.

Medical Device ManufacturerDiagnostics & ImagingUrology & Renal CareDiagnostic ImagingUrologyCommercial-stage
HeadquartersπŸ‡ΊπŸ‡ΈOakland, California, United States
FoundedNot confirmed
Commercial statusCommercially availableSelected products commercially offered; availability and indications vary by product and market.
EmployeesNot confirmed
Estimated revenueNot confirmed
Disclosed fundingUS$100 million [11]Credit facility Β· Oct 2026
Official websitewww.promaxo.com β†—

Company overview

Promaxo develops low-field MRI technology for prostate procedures in urology practices, ambulatory surgery centers and hospitals. Its Oakland, California-based team combines imaging hardware, software and procedural workflow tools. The platform is intended to bring MRI guidance to the location where patients receive care.

The commercial MRI system must be distinguished from the broader development platform. The company states that its MRI images are not intended for diagnostic purposes and that AI-powered screening and targeting and robotic needle guidance are not yet cleared for commercial use. The profile therefore does not treat every capability described on the website as an authorized indication.

Its commercial audience includes urologists, practice owners and facility administrators evaluating procedural equipment, training, installation and economics. Company-hosted clinical publications and physician accounts provide evidence leads, but promotional comparisons and reimbursement projections require separate assessment.

[11][12][13][14]

Leadership

3 people
Amit VohraChief Executive Officer [13]
Srirama VenkataramanChief Operating Officer [13]
Ram NarayananChief Technology Officer [13]

Products & regulatory status How does MedTechIndex get this information?

Summary

Promaxo’s MRI system has matched 510(k) decisions for its labeled clinical scope. The company distinguishes its marketed MRI-guided prostate-biopsy system from AI screening/targeting and robotic needle-guidance capabilities that are not yet cleared for commercial use. [12][9][10][2][3][14][13][1]

No matching FDA recall event was identified in the completed company/applicant, linked-identifier and product-name searches. [7][5]

Regulatory snapshot How to read this snapshot

U.S. FDA
2
510(k) clearances
0
De Novo grants
0
PMA approvals
0
Recall events

Latest recorded source review: 2026-10-20.

Commercial portfolio snapshot

Documented commercial product families.

Low-field interventional MRI

Promaxo MRI System / MRI System II β†—

Office-based MRI platform used for MRI-guided prostate procedures; images are not intended for diagnostic use. [12][9][10]

FDA-cleared

Commercially offered; exact model and country availability should be confirmed with the manufacturer.

Commercial development

Commercial MRI deployment is distinct from AI and robotic guidance development. No launch date or authorization for those development features is assumed. [12][14]

Activity & Milestones

2 events
2023-09-05 Β· Regulatory

MRI System II clearance

FDA recorded a further decision for MRI System II; this does not clear all AI or robotics capabilities. [10]

2021-03-03 Β· Regulatory

Initial MRI system clearance

FDA recorded a substantially equivalent decision for the Promaxo MRI System. [9]

14 Cited Sources

Accessed 10/29/2026

[1] FDA 510(k) database β€” research search β†—FDA / openFDA Β· regulatory record
[2] FDA K202518 β€” Promaxo MRI System β†—U.S. Food and Drug Administration Β· regulatory record
[3] FDA K232361 β€” Promaxo MRI System II β†—U.S. Food and Drug Administration Β· regulatory record
[4] FDA De Novo database β€” research search β†—FDA / openFDA Β· regulatory record
[6] FDA PMA database β€” research search β†—FDA / openFDA Β· regulatory record
[8] FDA UDI database β€” research search β†—FDA / openFDA Β· regulatory record
[9] FDA 510(k) K202518 β†—U.S. Food and Drug Administration Β· regulatory database
[10] FDA 510(k) K232361 β†—U.S. Food and Drug Administration Β· regulatory database
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