# Avive Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avive-solutions

- Industry: Medical Devices & Equipment
- Headquarters: Brisbane, US
- Website: www.avive.life
- Total disclosed funding: $86M
- Latest round: Series B (Apr 18, 2024)
- Investors on record: 10

## About

Founded in 2017 and based in California, US, Avive Solutions, Inc. is a company that develops a healthcare technology solution to develop portable automated external defibrillators for sudden cardiac arrest. In April 2024, Avive Solutions, Inc. raised USD 15.85 million in series B funding co-led by investors Catalyst Health Ventures, Laerdal Million Lives Fund, and Questa Capital Management, with participation from other investors RC Capital and Eckuity. The firm as of July 2024, is led by its co-founders Sameer Jafri (CEO), Rory Beyer, and Moseley Andrews.

The company offers the Avive Connect AED®, known for its compact, lightweight, and fully connected features. This device integrates real-time monitoring, data retrieval, and emergency services communication to improve cardiac emergency outcomes. Avive’s other product suite includes the Avive Connect AED®, various AED packages, accessories, and program management services. The company’s AEDs feature a rechargeable battery, easy-to-use interface, and seamless integration with emergency response systems. Avive also provides support through its 911 Integration and the 4 Minute City™ initiative, aimed at reducing response times in urban settings.

The firm generates revenue by selling medical devices through its e-commerce website. Some examples of the products available on Avive's online marketplace are Avive Connect AED® at USD 1,699, Avive Connect AED® Training Package at 1,719.99, Avive USB Power Adapter at USD 24.99, etc.

## Funding rounds

- Series B, Apr 18, 2024, $16M — RC Capital, Catalyst Health Ventures, Questa Capital, Laerdal Million Lives Fund, Eckuity Capital
- Series B, Feb 1, 2024, $41M — RC Capital, Catalyst Health Ventures, Questa Capital, Laerdal Million Lives Fund, Eckuity Capital
- Series A, Mar 16, 2022, $22M — Catalyst Health Ventures, Questa Capital, Laerdal Million Lives Fund
- Seed, Jul 16, 2019, $1.7M — IrishAngels
- Seed, Aug 31, 2018, $6M — HealthTech Capital, Rock Health, Greenbox Venture Partners, Hippocrates Ventures

## Investors

- HealthTech Capital — Seed
- Rock Health (https://capitalatlas.ai/funds/rock-health) — Seed
- Greenbox Venture Partners (https://capitalatlas.ai/funds/greenbox-venture-partners) — Seed
- Hippocrates Ventures (https://capitalatlas.ai/funds/hippocrates-ventures) — Seed
- IrishAngels (https://capitalatlas.ai/funds/irishangels) — Seed
- Catalyst Health Ventures (https://capitalatlas.ai/funds/catalyst-health-ventures) — Series A, Series B
- Questa Capital (https://capitalatlas.ai/funds/questa-capital) — Series A, Series B
- Laerdal Million Lives Fund (https://capitalatlas.ai/funds/laerdal-million-lives-fund) — Series A, Series B
- RC Capital (https://capitalatlas.ai/funds/rc-capital) — Series B
- Eckuity Capital (https://capitalatlas.ai/funds/eckuity-capital) — Series B