Veniti Overview
- Founded
-
2009
- Status
-
Acquired/Merged
- Employees
-
28
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$160M
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
Primary Industry
Therapeutic Devices
Acquirer
Boston Scientific
Primary 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 | 24-Oct-2018 | $160M | 000.00 | 00000 | Completed | Generating Revenue |
| 4. Later Stage VC (Series D) | 08-Sep-2016 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
| 3. Later Stage VC (Series C) | 10-Mar-2015 | 0000 | 000.00 | 000.00 | Completed | Generating Revenue |
| 2. Early Stage VC (Series B) | 04-Jun-2013 | $11M | $24.5M | 000.00 | Completed | Startup |
| 1. Early Stage VC (Series A) | 09-Mar-2011 | $13.5M | $13.5M | 000.00 | Completed | Startup |
Veniti Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | 00,000,000 | 00.000000 | 00.00 | 00.0 | 00.0 | 00 | 00.0 | 00.000 |
| Series C | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series B1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series B | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| 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
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a medical device designed to cure venous diseases. The company's device is a closed-cell geometry with 24 s
Therapeutic Devices
Fremont, CA
28
As of 2016
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Redwood City, CA
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Lewisville, TX
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Add Comparison
Veniti Competitors (25)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nevro | Formerly VC-backed | Redwood City, CA | 000 | 00000 | 00000000000 | 00000 |
| 000 000000 | Formerly PE-Backed | Lewisville, TX | 0000 | 00000 | 000000&0 | 00000 |
| 00000 0000 | Venture Capital-Backed | Shelton, CT | 000 | 00000 | 00000000000 | 00000 |
| 0000000 | Corporation | Danvers, MA | 0000 | 000.00 | 00000000000 | 000.00 |
| 00000 0000000 | Formerly VC-backed | San Juan Capistrano, CA | 00 | 000.00 | 0&0 | 000.00 |
Veniti Patents
Veniti Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20140207054-A1 | Apparatus and method of treating a vein with thermal energy | Abandoned | 23-Jan-2013 | 000000000 | |
| US-20130268036-A1 | Apparatus and method of treating a vein with heat energy | Abandoned | 04-Apr-2012 | 00000000 | |
| US-20160128857-A1 | Bi-directional stent delivery system | Abandoned | 08-Jun-2010 | 000000000 | 0 |
| US-8864811-B2 | Bi-directional stent delivery system | Active | 08-Jun-2010 | 00000000 | |
| US-20110301685-A1 | Bi-directional stent delivery system | Granted | 08-Jun-2010 | A61F2/9661 |
Veniti Executive Team (8)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Jeff Elkins | President, Chief Executive Officer & Board Member | ||
| Kimberly McCarthy | Marketing Manager |
Veniti Board Members (7)
| Name | Representing | Role | Since |
|---|---|---|---|
| Glen Kashuba | Self | Board Member | 000 0000 |
| Jeff Elkins | Veniti | President, Chief Executive Officer & Board Member | 000 0000 |
Veniti Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Veniti Former Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| BPEA Private Equity | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| Baird Capital | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| CD-Venture | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Confluent Medical Technologies | PE-Backed Company | Minority | 000 0000 | 000000 0 | |
| Cultivation Capital | Venture Capital | Minority | 000 0000 | 000000 0 |
Veniti Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000 0000000 | 08-Mar-2011 | 0000000000 | Therapeutic Devices | ||
| Varix Medical | 08-Mar-2011 | Merger/Acquisition | Therapeutic Devices | 0000 0000 |
Veniti Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 00000 0000000 | Therapeutic Devices | Sunnyvale, CA | 0000 |