# Avenda Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avenda-health

- Industry: Medical Devices & Equipment
- Headquarters: Culver City, US
- Website: www.avendahealth.com
- Total disclosed funding: $6.4M
- Latest round: Series B (Jan 27, 2022)
- Investors on record: 3

## About

Based in California, US, and founded in 2017, Atlas Innovative Services, Inc., operates as a software and medical device company aiming to improve prostate cancer outcomes. The firm raised USD 10 million in series B funding, in August 2022, led by new investor VCapital, with participation from other new investors Plug and Play Ventures, and Wealthing VC Club. As of August 2022, the company is led by its co-founders Shyam Natarajan (CEO), Brit Berry-Pusey (COO), and Leonard S. Marks (CMO).

Avenda has developed a minimally invasive technological platform, namely Quest™, that uses a combination of patient-specific data, deep learning algorithms, and artificial intelligence (AI) along with two needles a laser, and a sensor to map a patient's cancer location in 3D, ablate tissue with precision through focal laser ablation in a physician’s office using only local anesthesia and monitor treatment progress in real-time. The company’s product iQuest is not FDA cleared and not for sale as of August 2022 but is clinically validated for 93.7% efficacy in defining cancer contours while avoiding critical structures, to deliver a precise and personalized treatment, targeting only the tumor. The firm’s team members are comprised of professionals in Urology, Artificial Intelligence (AI), and Medical Devices.

Avenda Plans to utilize the August 2022 funding to continue clinical evidence development and hence accelerate the capability (treatment monitoring, risk stratification, and eventually diagnosis) and reach of its core technology platform iQuest.

## Funding rounds

- Series B, Jan 27, 2022, $6.4M — Plug and Play, VCapital, Wealthing VC Club

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series B
- VCapital (https://capitalatlas.ai/funds/vcapital) — Series B
- Wealthing VC Club (https://capitalatlas.ai/funds/wealthing-vc-club) — Series B