Francis Medical
Francis Medical develops minimally invasive prostate cancer treatments, including its FDA-cleared Vanquish Water Vapor Ablation System. The Maple Grove-based medical device company has raised $157M in funding and employs 77 people.
The growth story
Francis Medical grew from 29 to 77 employees between 2021 and 2026, raising $157M along the way, most recently a Series C in January 2025.
About
Francis Medical sells a prostate cancer treatment system that uses water vapor to destroy targeted tissue through a transurethral procedure. The Vanquish system offers an alternative to traditional prostate cancer therapies, focusing on reduced invasiveness.
The company has raised $157M, most recently in a Series C round in January 2025. Its 77 employees primarily come from major medical device firms like Medtronic and Boston Scientific.
Founders and leadership
Engineering is Francis Medical's largest function, with 16 employees. The company was founded in 2018 by Michael Hoey, who named it after his father Francis, a prostate cancer victim.
The Francis Medical org chart
Mike Kujak (President, CEO & Director) leads 27 mapped leaders with 8 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Quality Assurance 12 (+71% YoY), Engineering 12 (0% YoY), Research 9 (+29% YoY), Business Development 8 (+14% YoY), Information Technology 6 (+20% YoY), Operations 5 (+25% YoY).
Talent flow
Francis Medical's workforce is heavily sourced from established medical device companies, with Medtronic (13 hires) and Boston Scientific (12) being the top feeders. Employees stay for a median of 2 years before moving on, often to other medical technology firms.
Most common previous employers of Francis Medical staff: Medtronic (13), Boston Scientific (12), American Medical (10), NxThera (7), UroLift System (5), Coloplast (5). Former Francis Medical employees most often moved to Laplace Interventional (2), FDA Solutions (1), BioScience Innovations (1), BNY (1), Biomerics (1), Starkey Hearing (1).
Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at Francis Medical: Medical Devices (34), Cross-functional Team Leadership (21), Leadership (20), Product Launch (17), Healthcare (16), Microsoft Excel (16), U.S. Food and Drug Administration (FDA) (16), Management (16).
Where the team actually sits
Francis Medical people are concentrated in Minnesota, United States (25), Greater Minneapolis-St. Paul Area (13), United States (7), California, United States (1).
Search footprint
Francis Medical attracts about 128 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 11 ranking keywords and lost 10 in the last period.
Frequently asked
Francis Medical has 77 employees as of September 2026.
Francis Medical has raised $157M in total, most recently a Series C round in January 2025.
Francis Medical was founded in 2018 by Michael Hoey.
Mike Kujak (President, CEO & Director) sits at the top of Francis Medical's reporting structure, with 8 direct reports.
The most common previous employers of current Francis Medical staff are Medtronic (13 people), Boston Scientific (12 people), American Medical (10 people).
Former Francis Medical employees most often move to Laplace Interventional (2), FDA Solutions (1), BioScience Innovations (1).
Francis Medical attracts about 128 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among Francis Medical staff are Medical Devices, Cross-functional Team Leadership, Leadership, Product Launch, Healthcare.
Francis Medical staff are concentrated in Minnesota, United States (25), Greater Minneapolis-St. Paul Area (13), United States (7).
Francis Medical has about 12 people in Quality Assurance, up 71% over the past year, as of September 2026.
Francis Medical has about 12 people in Engineering, up 0% over the past year, as of September 2026.
Computed from 55 current and 25 former Francis Medical profiles, as of September 2026. Source: Crustdata.
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