How Much Did Midwest Urological Group Raise?
Funding & Key Investors

Midwest Urological Group has secured $407K in total capital, with its most recent financing round yielding $257K in a major strategic investment. This significant backing underscores the group's established presence and potential for continued expansion within the specialized healthcare sector.

What is Midwest Urological Group?

Midwest Urological Group
Hospitals & Physicians ClinicsPhysicians ClinicsMedical Practice Management

Midwest Urological Group is a specialized urology practice based in Peoria, Illinois, dedicated to providing comprehensive urologic care for men and women. The clinic addresses a wide spectrum of conditions, including erectile dysfunction, urinary incontinence, and kidney stones, employing advanced technology and minimally invasive techniques. Led by board-certified urologist Dr. Joseph Banno, the practice aims to serve Central Illinois, focusing on enhancing patient well-being and intimate health through expert medical services.

How much funding has Midwest Urological Group raised?

Midwest Urological Group has raised a total of $407K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$257K

Debt (2020): $150K with participation from PPP

Debt (2021): $257K led by PPP

Key Investors in Midwest Urological Group

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Midwest Urological Group?

The substantial capital infusion, particularly the recent strategic investment, positions Midwest Urological Group for significant growth and operational enhancement. This funding is likely to support the expansion of services, adoption of cutting-edge medical technologies, and potentially broaden the practice's geographic reach within Central Illinois. The company's focus on specialized urological care suggests a strategic direction towards solidifying its market leadership and improving patient outcomes through continued innovation and dedicated service.

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Frequently Asked Questions Regarding Midwest Urological Group Financial Insights

What are the most recent funding rounds that Midwest Urological Group has completed, and what were the funding rounds?
Midwest Urological Group has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Midwest Urological Group has raised to date?
Midwest Urological Group has raised a total of $407K in funding to date.
How many funding rounds has Midwest Urological Group completed?
Midwest Urological Group has completed 2 funding rounds.
How much funding did Midwest Urological Group raise in its most recent funding round?
Midwest Urological Group raised $257K in its most recent funding round.
Who are the lead investors in Midwest Urological Group's latest funding round?
The lead investor in Midwest Urological Group's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Midwest Urological Group's history?
The largest funding round in Midwest Urological Group's history was $257K.
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