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Preceptis Medical

Preceptis has developed the Hummingbird TTS which enables ear tube procedures in children to be performed under sedation without general anesthesia.

  • Stage Prototype Ready
  • Industry Medical Devices and Equipment
  • Location Plymouth, MN, USA
  • Currency USD
  • Founded December 2011
  • Employees 4
  • Website

Company Summary

Ear tube surgery is the most common pediatric surgery in the US, with an annual market of $757M. The Preceptis device will reduce the risks associated with the use of general anesthesia in children, and moving procedures out of the OR to a lower cost location would potentially reduce costs to the US healthcare system by greater than 60% and $3B annually. Preceptis Medical, Inc. won the 2013 MN Cup grand prize as entrepreneur of the year.


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    Steve Anderson

    Steve Anderson is the CEO of Preceptis Medical and a member of the board. Steve graduated from the University of MN with a BS in Materials Engineering and an MS in Biomedical engineering. Steve has been in the medical device industry since 1982, working for such companies as Medtronic, St. Jude Medical, TUV Product Service, St. Croix Medical, and Acorn Cardiovascular. Device core competencies developed during these positions include Developme

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    Keith Leland
    VP, Development

    Keith Leland is the VP of Development. Keith is an accomplished designer with significant management experience. Keith has 17 years in the device space, with 26 issued patents and 15 pending applications.

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    Mike Dale

    Mike Dale is the chairman of Preceptis Medical, Inc. Mike has over 30 years in the device industry, with employment at Edwards, St. Jude Medical, Cyberonics, Endocardial Solutions, and ATS. Mike was the CEO at ATS, which was sold to Medtronic in fall 2010 for $400M, and is currently the CEO of Helical Solutions. Mike has served on multiple private and public boards and is one of the top medical device Sales & Marketing experts in the US.


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    Dorsey & Whitney
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    Baker Tilly

Previous Investors

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    Partisan Management Group
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    Omphalos Venture Partners