Endoron Medical
Latest round
- Series A
Last raised
- Jul 2024
Total raised
- $15M
Investors
- 2
About Endoron Medical
Founded in 2019, Endoron Medical Ltd specializes in medical devices for Endovascular Aneurysm Repair (EVAR). The company was co-founded by Eyal Teichman and Ronit Harpaz, who is also the CEO.Endoron Medical specializes in advanced medical devices aimed at providing solutions for patients with Abdominal Aortic Aneurysms (AAA) undergoing Endovascular Aneurysm Repair (EVAR). The company's flagship product, Aortoseal™, is a sophisticated fastening and sealing device designed to secure stent grafts in aorta repairs, mimicking the effective hand-sewn suturing technique traditionally used in open surgery. Aortoseal employs a unique stapling mechanism that allows multiple staples to penetrate both the stent graft and the aortic wall simultaneously, ensuring a secure and durable fixation that prevents graft migration and leakage. This product is particularly beneficial for patients with complex aortic neck anatomies, which are common in 30% to 40% of AAA cases.Endoron Medical's revenue model primarily revolves around the sale of its Aortoseal™ device to hospitals and healthcare providers specializing in vascular surgery. The company operates on a direct-to-business transaction structure, engaging with medical facilities that perform endovascular procedures. Each transaction typically involves bulk orders of Aortoseal units for use in surgical settings, contributing to hospital inventories. The pricing structure for Aortoseal is based on the device's technological complexity and is reflective of the value its innovative sealing mechanism provides in reducing complications and the need for reinterventions. Future plans include launching new products aimed at enhancing their existing portfolio and expanding into new markets, particularly targeting regions in Europe and the United States by the end of 2025.
Who invested in Endoron Medical
2 investors across 2 rounds
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Questions about Endoron Medical
Who invested in Endoron Medical?
Endoron Medical has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Endoron Medical raised?
Endoron Medical has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Endoron Medical last raise money?
Endoron Medical's most recent round on record is a Series A, in Jul 2024.
What does Endoron Medical do?
Founded in 2019, Endoron Medical Ltd specializes in medical devices for Endovascular Aneurysm Repair (EVAR).
Where is Endoron Medical headquartered?
Endoron Medical is headquartered in Israel.
Which VCs invest in companies like Endoron Medical?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, Taibao Capital and Hengxu Capital back healthcare companies at Endoron Medical's stage. Their profiles are linked below.
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