Metavention
Latest round
- Series C
Last raised
- Dec 2017
Total raised
- $65M
Investors
- 5
About Metavention
Metavention, Inc.Founded in 2012 and headquartered in Eden Prairie, US, Metavention, Inc. specializes in medical interventions for hypertension.Metavention specializes in innovative medical treatments aimed at addressing high blood pressure and associated metabolic diseases. The company's flagship product, the iRF Denervation System, utilizes renal denervation (RDN), a one-time, minimally invasive procedure delivering radio frequency energy to overactive sympathetic nerves tied to kidney function. This procedure generates heat to disrupt these nerves, which can lead to reduced blood pressure and improved metabolic health outcomes. Metavention targets healthcare providers and patients globally, focusing on regions where high blood pressure is prevalent and where there is a demand for advanced therapeutic options.Revenue generation for Metavention primarily arises from clinical partnerships and investigations involving its iRF Denervation System. The company engages in B2B transactions by collaborating with healthcare institutions and clinical trial sites that facilitate the administration of their innovative treatment. These partnerships allow Metavention to supply its advanced medical technology to specialized health providers who can integrate the system into their treatment protocols. The revenue structure includes fees associated with the use of the iRF Denervation System during clinical trials, along with potential future revenue from retail distributors once the product gains regulatory approval. The company is developing new therapeutic solutions targeting high blood pressure, with plans to penetrate international markets by 2025, particularly in regions with high prevalence of hypertension.
Who invested in Metavention
5 investors across 1 round
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Funding rounds
Series C
Dec 15, 2017
Amount
$65M
Investors
Questions about Metavention
Who invested in Metavention?
Metavention has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Metavention raised?
Metavention has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Metavention last raise money?
Metavention's most recent round on record is a Series C, in Dec 2017.
What does Metavention do?
Metavention is a medical devices & equipment company.
Where is Metavention headquartered?
Metavention is headquartered in Eden Prairie, US.
Which VCs invest in companies like Metavention?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Metavention's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series C
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