Veniti

company

About

Veniti develops medical devices for the treatment of chronic venous insufficiency disease.

  • 11 - 50

Details

Last Funding Type
Series B
Last Funding Money Raised
$9.72M
Industries
Biotechnology,Health Care,Medical,Medical Device
Founded date
Jan 1, 2010
Number Of Employee
11 - 50
Operating Status
Active

VENITI is the first medical device company developing a suite of innovative technology and solutions that will provide comprehensive treatment across the venous disease continuum.

Venous disease refers to all conditions related to or caused by veins that become diseased or abnormal. This encompasses a broad set of maladies. The venous disease cycle begins when vein walls become weak or damaged, or the valves are stretched or injured, and can no longer prevent reflux (backward flow of blood). Once the veins lose their ability to convey blood without reflux, the progressive venous disease cycle has begun. This is commonly referred to as chronic venous insufficiency, or CVI. The blood will begin to back up into the peripheral veins, causing venous hypertension, potential thrombosis (clotting), and leading to even more damage of the vein walls and valves. This in turn leads to more reflux.

The VENITI team of experts in science, technology and business are currently developing the VENITI VICI VENOUS STENT® System. Through this, and other, innovative technology, VENITI will achieve results that sets it apart in addressing the challenges specific to the venous system and venous disease.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$9.72M
Veniti has raised a total of $9.72M in funding over 2 rounds. Their latest funding was raised on Mar 10, 2015 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 10, 2015 Debt Financing 1 Life Sciences Alternative Funding Detail
Jun 4, 2013 Series B $9.72M 1 Vectis Healthcare & Life Sciences Fund II Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Veniti is funded by 2 investors. Life Sciences Alternative Funding and Vectis Healthcare & Life Sciences Fund II are the most recent investors.
Investor Name Lead Investor Funding Round
Life Sciences Alternative Funding Yes Debt Financing
Vectis Healthcare & Life Sciences Fund II Yes Series B