Saphena Medical
Latest round
- Series C
Last raised
- Sep 2017
Total raised
- $3.1M
Investors
- 1
About Saphena Medical
Saphena Medical, Inc.Founded in 2013 in West Bridgewater, US, Saphena Medical, Inc. specializes in surgical solutions for Endoscopic Vessel Harvesting.Saphena Medical specializes in innovative surgical solutions for Endoscopic Vessel Harvesting (EVH), primarily through its flagship product, Venapax. This unitary system simplifies the dissection and simultaneous branch ligation process in vascular surgeries, enabling a minimal touch approach that optimizes graft quality. Venapax addresses significant challenges faced by surgeons, including the steep learning curve typically associated with EVH, which has been the standard of care for over two decades. By focusing on streamlined functionality and user-friendly design, Venapax is aimed at a diverse clientele that includes hospitals and surgical centers, enhancing the efficiency and effectiveness of vascular harvest procedures.Saphena Medical generates revenue through direct sales of its Venapax system to healthcare facilities, including hospitals and surgical centers that perform vascular surgeries. The transaction structure is primarily B2B, with orders placed directly by medical institutions that require these specialized surgical devices. Revenue is driven by both the sale of the Venapax system and associated training services, which help healthcare professionals to effectively integrate the technology into their practices. Specific pricing plans for the Venapax system are established based on the scope of the purchase agreement and the volume of units ordered, though detailed pricing structures are proprietary.As of June 2018, Saphena Medical, Inc. The company plans to expand its market presence into Europe and Asia by 2025, targeting hospitals and surgical centers that perform vascular surgeries to increase their customer base.
Who invested in Saphena Medical
1 investor across 2 rounds
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Questions about Saphena Medical
Who invested in Saphena Medical?
Saphena Medical has 1 investor 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 Saphena Medical raised?
Saphena Medical has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Saphena Medical last raise money?
Saphena Medical's most recent round on record is a Series C, in Sep 2017.
What does Saphena Medical do?
Saphena Medical is a medical devices & equipment company.
Where is Saphena Medical headquartered?
Saphena Medical is headquartered in West Bridgewater, US.
Which VCs invest in companies like Saphena Medical?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Saphena Medical's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series C
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