Avation Medical Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 91

Employees

  • Latest Deal Type
  • Series D

  • Investors
  • 9

Avation Medical General Information

Description

Developer of wearable nerve modulation systems designed to offer patient-friendly nerve stimulation therapies. The company's wearable systems permit personalized and customized care and re-imagining of neuromodulation by developing approaches based on proven technologies, enabling patients to have elevated care with chronic conditions.

Contact Information

Website
www.avation.com
Formerly Known As
Veressa Medical
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1375 Perry Street
  • Suite 13-150
  • Columbus, OH 43201
  • United States
+1 (888)
Primary Industry
Therapeutic Devices
Other Industries
Other Healthcare Technology Systems
Corporate Office
  • 1375 Perry Street
  • Suite 13-150
  • Columbus, OH 43201
  • United States
+1 (888)

Avation Medical Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Avation Medical Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series D) 20-Mar-2026 Completed Generating Revenue
2. Later Stage VC (Series C) 01-Feb-2024 Completed Generating Revenue
1. Later Stage VC (Series B) 03-Feb-2021 $12.9M $12.9M Completed Generating Revenue
To view Avation Medical’s complete valuation and funding history, request access »

Avation Medical Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C-2
Series C-1
Series B 45,525,650 $0.000100 $0.04 $0.5 $0.5 $0.5 20.02%
Series A 10,571,429 $0.000100 $0.03 $0 $0.35 $0 4.65%
To view Avation Medical’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

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Avation Medical Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of wearable nerve modulation systems designed to offer patient-friendly nerve stimulation therapies. The compa
Therapeutic Devices
Columbus, OH
91 As of 2025

San Mateo, CA
 

Woodbridge, NJ
 
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Avation Medical Competitors (2)

One of Avation Medical’s 2 competitors is Cala Health, a Venture Capital-Backed company based in San Mateo, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cala Health Venture Capital-Backed San Mateo, CA
Soterix Medical Accelerator/Incubator Backed Woodbridge, NJ
You’re viewing 2 of 2 competitors. Get the full list »

Avation Medical Patents

Avation Medical Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20260249074-A1 Method and apparatus for improving wearable electrode durability Pending 25-Feb-2025
CA-232547-S Animated graphical user interface Active 01-Feb-2024
CA-232548-S Animated graphical user interface Active 01-Feb-2024
CA-232549-S Animated graphical user interface Active 01-Feb-2024
CA-232550-S Animated graphical user interface Active 01-Feb-2024
To view Avation Medical’s complete patent history, request access »

Avation Medical Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Avation Medical Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angelini Ventures Corporate Venture Capital Minority
Asahi Kasei Holding Company Minority
Asahi Kasei Corporate Venture Capital Corporate Venture Capital Minority
JobsOhio Ventures Venture Capital Minority
Medtronic Corporation Minority
You’re viewing 5 of 9 investors. Get the full list »

Avation Medical FAQs

  • When was Avation Medical founded?

    Avation Medical was founded in 2016.

  • Where is Avation Medical headquartered?

    Avation Medical is headquartered in Columbus, OH.

  • What is the size of Avation Medical?

    Avation Medical has 91 total employees.

  • What industry is Avation Medical in?

    Avation Medical’s primary industry is Therapeutic Devices.

  • Is Avation Medical a private or public company?

    Avation Medical is a Private company.

  • What is Avation Medical’s current revenue?

    The current revenue for Avation Medical is .

  • How much funding has Avation Medical raised over time?

    Avation Medical has raised $38.1M.

  • Who are Avation Medical’s investors?

    Angelini Ventures, Asahi Kasei, Asahi Kasei Corporate Venture Capital, JobsOhio Ventures, and Medtronic are 5 of 9 investors who have invested in Avation Medical.

  • Who are Avation Medical’s competitors?

    Cala Health and Soterix Medical are competitors of Avation Medical.

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