Minimally Invasive Devices
Latest round
- Series C
Last raised
- May 2015
Total raised
- $23M
Investors
- 4
About Minimally Invasive Devices
Minimally Invasive Devices, Inc.Minimally Invasive Devices, Inc. was founded in 2006 and is headquartered in Columbus, US. The company focuses on developing surgical visualization solutions to improve laparoscopic procedures.FloShield offers advanced surgical visualization solutions, primarily through its flagship product, the FloShield system, which utilizes patented Vortex Barrier Technology™. This system features a sheath that directs carbon dioxide gas (CO2) to the tip of a laparoscope, effectively preventing condensation, debris, and smoke from obscuring the lens. By integrating the capability to clean the lens intra-operatively with the Flo-X in situ feature, the FloShield system enhances surgical workflow and aims to minimize the need for scope removal during laparoscopic procedures. The primary end users of FloShield's products are healthcare professionals, particularly surgeons specializing in laparoscopic surgeries, across various geographical markets including North America, Europe, and select countries in Asia.FloShield generates revenue through direct sales of its innovative surgical products, primarily targeting hospitals, surgical centers, and medical institutions. Transactions typically occur through direct partnerships with healthcare providers, resulting in bulk orders for the FloShield system and associated products. The company's revenue structure is anchored in the sale of its flagship offerings, FloShield Air and FloShield Plus, which are marketed for their unique defogging and cleaning capabilities during procedures. Pricing plans are structured around the volume of purchases and institutional agreements, ensuring competitive rates for continuous supply.In July 2015, Minimally Invasive Devices, Inc. The company aims to utilize these funds to expand its product range and enhance existing technologies. Future plans include the introduction of new products designed to optimize surgical procedures, with a focus on upcoming features that improve user experience. Geographically, Minimally Invasive Devices, Inc. is exploring entry into select countries in Asia to broaden its market reach, targeting expansion initiatives by the end of 2023.
Who invested in Minimally Invasive Devices
4 investors across 5 rounds
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Questions about Minimally Invasive Devices
Who invested in Minimally Invasive Devices?
Minimally Invasive Devices has 4 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Minimally Invasive Devices raised?
Minimally Invasive Devices has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Minimally Invasive Devices last raise money?
Minimally Invasive Devices's most recent round on record is a Series C, in May 2015.
What does Minimally Invasive Devices do?
Minimally Invasive Devices, Inc.
Where is Minimally Invasive Devices headquartered?
Minimally Invasive Devices is headquartered in Columbus, US.
Which VCs invest in companies like Minimally Invasive Devices?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Minimally Invasive Devices's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series C
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