Aurie

New York, United States Founded: 2017 • Age: 9 yrs
Automated reusable self-catheter systems are developed for urinary retention patients.

About Aurie

Aurie is a company based in New York (United States) founded in 2017 by Marjorie Nelson, Daniel Wollin, and Souvik Paul.. Aurie has raised $12.23 million across 2 funding rounds from investors including Lakehouse Ventures. The company has 4 employees as of December 31, 2022. Aurie offers products and services including Reusable Catheter System. Aurie operates in a competitive market with competitors including Camstent, NanoVibronix, BioDerm, ProvenMed and FLUME, among others.

  • Headquarter New York, United States
  • Employees 4 as on 31 Dec, 2022
  • Founders Marjorie Nelson, Daniel Wollin, Souvik Paul
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12.23 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Apr 04, 2024

  • Investors
  • Employee Count
    4

    as on Dec 31, 2022

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Products & Services of Aurie

Aurie offers a comprehensive portfolio of products and services, including Reusable Catheter System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

No-touch system for safe, hygienic catheterization to support independence and health.

People of Aurie
Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Souvik Paul
CEO & Founder
People
Daniel Wollin
Chief Medical Advisor
People
Marjorie Nelson, MBA
Co-founder, Chief Operating Officer
People
Sergey Grigoryants
VP of Engineering

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Funding Insights of Aurie

Aurie has successfully raised a total of $12.23M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $6.0M
  • First Round

    (28 Feb 2023)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2024 Amount Series A - Aurie Valuation Lakehouse Ventures
Feb, 2023 Amount Series A - Aurie Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aurie

Aurie has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lakehouse Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
A pre-seed venture capital firm is operated for innovative founders.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aurie

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aurie

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aurie Comparisons

Employees
+
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Competitors of Aurie

Aurie operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Camstent, NanoVibronix, BioDerm, ProvenMed and FLUME, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Polymer coating for medical devices
domain founded_year HQ Location
Provider of ultrasound therapy devices for multiple health purposes
domain founded_year HQ Location
Hydrocolloid products are developed for urinary management and skin protection.
domain founded_year HQ Location
Devices for urinary incontinence treatment are provided by ProvenMed.
domain founded_year HQ Location
Developer of a catheter for the treatment of urinary incontinence
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aurie

Frequently Asked Questions about Aurie

When was Aurie founded?

Aurie was founded in 2017 and raised its 1st funding round 6 years after it was founded.

Where is Aurie located?

Aurie is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Aurie?

Souvik Paul is the current CEO of Aurie. They have also founded this company.

Is Aurie a funded company?

Aurie is a funded company, having raised a total of $12.23M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.23M, raised on Feb 28, 2023.

How many employees does Aurie have?

As of Dec 31, 2022, the latest employee count at Aurie is 4.

What does Aurie do?

Aurie was established in 2017 in New York, United States, within the medical device sector. Focus is placed on the creation of a reusable intermittent urinary catheter system. This technology is designed for rehabilitation among spinal cord injury patients and management of urinary retention conditions. Operations involve engineering an automated self-catheter solution to support user independence in daily care routines.

Who are the top competitors of Aurie?

Aurie's top competitors include NanoVibronix, Camstent and BioDerm.

What products or services does Aurie offer?

Aurie offers Reusable Catheter System.

Who are Aurie's investors?

Aurie has 1 investor. Key investors include Lakehouse Ventures.

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