Veniti Overview
- Year Founded
-
2009
- Status
-
Acquired/Merged
- Employees
-
28
- Latest Deal Type
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M&A
- Latest Deal Amount
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$160M
- Investors
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1
Veniti General Information
Description
Developer of a medical device designed to cure venous diseases. The company's device is a closed-cell geometry with 24 strut rings and alternating curved bridges work together forming uniform coverage with strength and flexibility specifically for the venous system, enabling patients to cure venous diseases faster and efficiently.
Contact Information
Website
www.veniti.comCorporate Office
- 4025 Clipper Court
- Fremont, CA 94538
- United States
Corporate Office
- 4025 Clipper Court
- Fremont, CA 94538
- United States
Veniti Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 20-Aug-2018 | $160M | Completed | Generating Revenue | ||
| 4. Later Stage VC (Series D) | 08-Sep-2016 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 10-Mar-2015 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 04-Jun-2013 | $11M | $24.5M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 09-Mar-2011 | $13.5M | $13.5M | Completed | Startup |
Veniti Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A | 17,519,869 | $0.001000 | $0.07 | $0.87 | $0.87 | 1x | $0.87 | 17.9% |
| Series A1 | 6,810,979 | $0.001000 | $0.08 | $1 | $1 | 1x | $1 | 6.96% |
Veniti Comparisons
Industry
Financing
Details
Veniti Competitors (23)
One of Veniti’s 23 competitors is REVA Medical, a Venture Capital-Backed company based in San Diego, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| REVA Medical | Venture Capital-Backed | San Diego, CA | ||||
| R3 Vascular | Venture Capital-Backed | Mountain View, CA | ||||
| Spine Wave | Venture Capital-Backed | Shelton, CT | ||||
| Nevro | Formerly VC-backed | Redwood City, CA | ||||
| Vivance | Venture Capital-Backed | Singapore, Singapore |
Veniti Patents
Veniti Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3544546-A1 | Fracture resistant stent | Inactive | 03-Mar-2017 | ||
| EP-3544546-A4 | Fracture resistant stent | Inactive | 03-Mar-2017 | ||
| WO-2018161045-A1 | Fracture resistant stent | Inactive | 03-Mar-2017 | ||
| JP-2019509833-A | Mechanical stent assisted delivery system | Pending | 29-Mar-2016 | ||
| US-20170281379-A1 | Mechanically assisted stent delivery system | Inactive | 29-Mar-2016 | A61F2/95 |
Veniti Signals
Veniti Former Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Baird Capital | PE/Buyout | Minority | ||
| Bird B. | Family Office | Minority | ||
| Brooke Private Equity Associates Management | Fund of Funds | Minority | ||
| CD-Venture | Venture Capital | Minority | ||
| Confluent Medical Technologies | Corporation | Minority |
Veniti Acquisitions (2)
Veniti’s most recent deal was a Merger/Acquisition with Teneo Medical Development. The deal was made on 08-Mar-2011.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Teneo Medical Development | 08-Mar-2011 | Merger/Acquisition | Therapeutic Devices | ||
| Varix Medical | 08-Mar-2011 | Merger/Acquisition | Therapeutic Devices |
Veniti FAQs
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When was Veniti founded?
Veniti was founded in 2009.
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Where is Veniti headquartered?
Veniti is headquartered in Fremont, CA.
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What is the size of Veniti?
Veniti has 28 total employees.
-
What industry is Veniti in?
Veniti’s primary industry is Therapeutic Devices.
-
Is Veniti a private or public company?
Veniti is a Private company.
-
What is the current valuation of Veniti?
The current valuation of Veniti is .
-
What is Veniti’s current revenue?
The current revenue for Veniti is .
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How much funding has Veniti raised over time?
Veniti has raised $66.5M.
-
Who are Veniti’s investors?
Baird Capital, Bird B., Brooke Private Equity Associates Management, CD-Venture, and Confluent Medical Technologies are 5 of 11 investors who have invested in Veniti.
-
Who are Veniti’s competitors?
REVA Medical, R3 Vascular, Spine Wave, Nevro, and Vivance are some of the 23 competitors of Veniti.
-
When was Veniti acquired?
Veniti was acquired on 20-Aug-2018.
-
Who acquired Veniti?
Veniti was acquired by Boston Scientific.
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