Rainbow Medical
Rainbow Medical is a privately held Israeli medical device company founded in 2011 in Herzliya, operating with a small team and founder-led management, backed by a 2015 $25M round led by Ping An Ventures.
- Company typePrivate
- Founded2011
- HeadquartersHerzliya, Israel
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Rainbow Medical does
Rainbow Medical is a privately held, Israel-based medical device company founded in 2011 and headquartered in Herzliya. The firm positions itself at the vanguard of the medical device industry, per its own short description, and operates with a small team of 11-50 employees. Leadership comprises founder and CEO Efi Cohen Arazi, founder and owner Yossi Gross (a serial medical device entrepreneur), COO Gilad Lorberbaum, and CFO Yossi Cohen — an unusually heavy executive layer for the headcount band, suggesting a multi-venture or incubator-style structure rather than a single-product operating company. Specific product lines, indications, clinical milestones, regulatory approvals, and commercial customers are not disclosed in the available source material.
The company's only documented financing event was a $25,000,000 funding round closed on 2015-02-16, led by Ping An Ventures with participation from Yongjin Group and ZTE — a syndicate anchored by Chinese strategic and financial investors, indicating an early-stage cross-border capital strategy targeting both China market access and Israeli medtech IP. No subsequent funding rounds, partnerships, M&A, product launches, or regulatory milestones have been disclosed in the aggregated source data.
Direct business model mechanics — pricing, reimbursement, go-to-market channels, customer segments, and revenue traction — are not present in the data. The company's web domain (rainbowmd.com) currently displays a default cPanel hosting placeholder rather than an active corporate site, which is an additional negative signal on current operating posture. As a result, the observable footprint is limited to firmographics, leadership, and a single funding event, and the company cannot be characterized beyond a small, founder-led Israeli medical device entity backed principally by Chinese strategic capital.
Rainbow Medical firmographics
Firmographics- Name
- Rainbow Medical
- Website
- https://rainbowmd.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Rainbow Medical is a privately held Israeli medical device company founded in 2011 in Herzliya, operating with a small team and founder-led management, backed by a 2015 $25M round led by Ping An Ventures.
- Ownership category
- akta.pro rank
Rainbow Medical industry classification
Industry- Product category
- Medical Devices
- NAICS
- Medical Equipment and Supplies Manufacturing (33911)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB)
Keywords
Where Rainbow Medical is headquartered
LocationHeadquarters
- HQ city
- Herzliya
- HQ country
- Israel
- HQ region
- Middle East
Markets served
Rainbow Medical business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Supply Chain
Rainbow Medical product offering
Product offeringCore offering
Rainbow Medical operates in the medical device industry, focused on the development, manufacturing, and commercialization of medical device products. The company is positioned at the vanguard of the medical device industry, working on innovative medtech products for healthcare applications.
Differentiator
Problem solved
Functional benefit
Companies that use Rainbow Medical
Customer profileIdeal customer profiles1 record
Rainbow Medical technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Rainbow Medical partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
Rainbow Medical competitors and assessment
Company assessmentDirect peers
- Inspire Medical Systems: U.S.-listed medical device company developing an implantable neurostimulation system for obstructive sleep apnea, with direct ties to founder/owner Yossi Gross. Closely comparable to Rainbow Medical in therapeutic area overlap, Israeli R&D origin, and founder lineage.
- Novocure: Israel-headquartered medical device company commercializing Tumor Treating Fields therapy across multiple oncology indications. Directly comparable to Rainbow Medical as a publicly traded Israeli medical device innovator.
- Nyxoah: Belgium/Israel-based medical device company developing an implantable neurostimulation system for obstructive sleep apnea. Comparable to Rainbow Medical in device modality (implantable neurostim), clinical indication overlap, and Israel R&D footprint.
- Itamar Medical: Israel-based medical device company (acquired by ZOLL/ResMed) focused on sleep apnea diagnostics and home sleep testing. Comparable as an Israeli medical device company operating in adjacent sleep-disordered breathing and connected diagnostic device categories.
- Mazor Robotics: Israel-based medical device company (acquired by Medtronic) that developed robotic-assisted spinal surgery systems. Comparable to Rainbow Medical as a successful Israeli medical device exit story with similar R&D-to-commercialization path.
Broad incumbents
- Medtronic: Global medical device incumbent with broad therapeutic coverage including cardiac, neuromodulation, and surgical portfolios. A natural strategic acquirer and broad incumbent that competes with and acquires Israeli device innovators like Rainbow Medical.
- Boston Scientific: Global medical device incumbent with extensive cardiology, neuromodulation, and surgical portfolios. Comparable as a broad incumbent active in the same end markets where Rainbow Medical's device programs would compete or be acquired.
- Stryker: Global medical device incumbent with significant orthopedic, surgical, and neurotechnology businesses. Comparable as a strategic acquirer and broad competitor in medical device categories where Rainbow Medical may eventually compete.
- Integra LifeSciences: Medical device company specializing in neurosurgery, ENT, and regenerative tissue technologies. Comparable to Rainbow Medical in therapeutic focus areas (neurosurgery, neuromodulation) and as a mid-sized strategic acquirer of innovative device IP.
- Penumbra: U.S.-listed medical device company developing interventional therapies for vascular and neurological conditions, including the REAL Immersive System for rehabilitation. Comparable as a growth-stage public device company in adjacent neurovascular and rehab device markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Rainbow Medical social profiles
Digital presenceRainbow Medical financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rainbow Medical leadership team
Management profileNumber of profiles
Profiles4 records
Rainbow Medical funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rainbow Medical M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rainbow Medical
What does Rainbow Medical do?
Rainbow Medical operates in the medical device industry, focused on the development, manufacturing, and commercialization of medical device products. The company is positioned at the vanguard of the medical device industry, working on innovative medtech products for healthcare applications.
Is Rainbow Medical a public or private company?
Rainbow Medical is a private company. It is classified as venture growth investor backed and is currently operating.
When was Rainbow Medical founded?
Rainbow Medical was founded in 2011. It employs 11 to 50 people.
Where is Rainbow Medical based?
Rainbow Medical is headquartered in Herzliya, Israel, in the Middle East region.
Who are Rainbow Medical's main competitors?
Direct peers on record are Inspire Medical Systems, Novocure, Nyxoah, Itamar Medical and Mazor Robotics. Broad incumbents are Medtronic, Boston Scientific, Stryker, Integra LifeSciences and Penumbra.
Does Rainbow Medical have an API?
No public API is recorded for Rainbow Medical.
What industry is Rainbow Medical in?
Rainbow Medical's product category is Medical Devices. Its primary akta.pro industry code is HLACAPAB, Connected Medical Devices & Wearables (Sensors, Patches, Implantables). Its NAICS code is 33911 and its SIC code is 3841.